Tag: META

Kestra Holdings Expands India Presence with New Bengaluru Capability Centre

US-based wealth management company Kestra Holdings has inaugurated its Global Capability Centre (GCC) in Bengaluru, expanding its presence in India. The new centre will focus on technology, data, analytics and artificial intelligence, supporting the company's global operations. The Bengaluru facility will work alongside teams from Kestra Holdings, Kestra Financial and Bluespring Wealth based in Austin and Phoenix in the US. The centre is expected to...

JSW Outlines ₹50,000 Crore Investment Plans in West Bengal

JSW Group is planning investments of nearly ₹50,000 crore in West Bengal across power, ports, cement, steel and other industrial businesses. Chairman Sajjan Jindal shared the plans after meeting Chief Minister Suvendu Adhikari at Nabanna in Kolkata on Wednesday evening. The proposed investment includes around ₹40,000 crore for the power sector and another ₹10,000 crore across other businesses. The meeting was Jindal's first with Adhikari...
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Oracle Cuts 21,000 Jobs As AI Adoption Reshapes Workforce

Oracle has reduced its workforce by about 21,000 employees, or 13%, in fiscal 2026 as the cloud giant continued restructuring its business amid growing...

Meta Secures 1.6 Gigawatts of AI Computing Capacity in Strategic Crusoe Deal

Meta Platforms has intensified its pursuit of artificial intelligence infrastructure by finalising new agreements with data centre developer Crusoe to secure approximately 1.6 gigawatts...

Global Index Warns AI Firms Fall Short on Safety Standards

A new edition of the Future of Life Institute’s AI Safety Index has raised serious concerns about how leading AI companies manage the risks...

WhatsApp Flaw Exposes 3.5 Billion Numbers to Global Enumeration

A new international research study has revealed a long-standing privacy flaw in the WhatsApp contact discovery feature that allowed attackers to enumerate and confirm...

Cerebras Raises $1.1B at $8.1B Valuation

Cerebras Systems, the AI chip company known for building some of the world’s largest processors, has raised $1.1 billion in an oversubscribed Series G...

Tech Giants Face Gambling App Lawsuit

Apple, Google, and Meta are set to face major class action lawsuits after a U.S. federal judge ruled that the companies cannot dismiss claims...

Meta Secures $29B for AI Data Centre Push

Meta has selected investment firms PIMCO and Blue Owl Capital to spearhead a $29 billion funding deal aimed at expanding its AI-focused data centre...

Microsoft Backs EU AI Act as Meta Opts Out

As the European Union rolls out its AI Act, tech companies are beginning to reveal their stance on the bloc’s regulatory framework. Microsoft has...

ED Summons Google and Meta in Betting Ad Probe

India’s financial crime agency has called on representatives from Google and Meta to explain their role in the advertisement and visibility of illegal betting...

Russia Moves to Restrict WhatsApp by September

Russian authorities are preparing to curtail the operations of WhatsApp as part of a broader effort to promote homegrown digital services and reduce reliance...

Altman: Meta Offered $100M to Poach OpenAI Talent

OpenAI CEO Sam Altman has alleged that Meta offered signing bonuses of up to $100 million to recruit employees from his organisation. Speaking on...

Meta Invests $14.8B in Scale AI Deal

Meta has invested $14.8 billion in Scale AI, acquiring a 49% nonvoting stake and hiring CEO Alexandr Wang in a deal that sidesteps formal...