Tag: Hyperscalers
ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation
ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...
MeitY Proposes Continuous Labelling for AI‑Generated Content
The Ministry of Electronics and Information Technology (MeitY) has proposed that all content generated with the help of artificial intelligence carry a continuous and clearly visible label alerting users that the material has been synthetically created. The draft amendment to the Information Technology Rules (Intermediary Guidelines and Digital Media Ethics Code), 2021 requires that the labelling must remain on display for the entire duration...
Semiconductor Engineering Outsourcing to Hit $16B by 2030
The global semiconductor industry is entering one of the most aggressive expansion cycles in its history, and engineering outsourcing is emerging as a critical...
TCS Secures $1B TPG Deal for HyperVault AI Data Centres
TCS has brought global private equity firm TPG onboard as a strategic investor in HyperVault, its AI-focused data centre venture, through a landmark $1...
Majestic Labs Raises $100 Million to Build High-Memory AI Servers
A new AI hardware startup, Majestic Labs, founded by three former Google and Meta silicon executives, has raised $100 million to develop next-generation AI...
TCS Launches HyperVault to Drive $7 Billion AI Data Centre Ambition
Tata Consultancy Services (TCS) has established a new wholly owned subsidiary, HyperVault AI Data Center Limited, marking a significant step in its plan to...
