AMD to Layoff 4% Global Workforce in Order to Focus on Developing AI Chips

AMD to Layoff 4% Global Workforce in Order to Focus on Developing AI Chips

About 1,000 workers, or 4% of Advanced Micro Devices' global staff, will be laid off as the company focuses on creating AI chips to take on market leader Nvidia. In the lucrative market for CPUs that serve as the brains of sophisticated...

Micron Technology, Inc. has Launched the World's Fastest 60TB Data Center SSD

Micron Technology, Inc. has Launched the World's Fastest 60TB Data Center SSD

On November 12, Micron Technology, Inc. (NASDAQ:MU) announced that the 6550 ION NVMe™ is officially qualified, indicating that it meets all essential criteria. The business claims it's the world's fastest 60TB data center SSD. The...

AI to Create 2.73 Million New Technology Jobs in India by 2028

AI to Create 2.73 Million New Technology Jobs in India by 2028

Emerging technologies, such as artificial intelligence (AI), will revolutionize the talent landscape in India's main development industries, creating 2.73 million new tech jobs by 2028, according to new study commissioned by ServiceNow, the AI...

SoftBank Aims to Build its First Supercomputer with Nvidia's Blackwell Design Chip

SoftBank Aims to Build its First Supercomputer with Nvidia's Blackwell Design Chip

SoftBank Group Corp. will be the first to develop a supercomputer with chips based on Nvidia Corp.'s new Blackwell design, demonstrating the Japanese company's aim to catch up in AI. SoftBank's telecom unit intends to develop...

Joint Venture Partnership between Rivian and Volkswagen Could Reach $5.8 Billion

 Joint Venture Partnership between Rivian and Volkswagen Could Reach $5.8 Billion

 Volkswagen Group has opted to boost its planned investment in an announced joint venture with electric vehicle maker Rivian Automotive, which will begin operations on Wednesday. The firms announced in a joint press...

Indian Renewable Energy Landscape Reached 203GW in October

Indian Renewable Energy Landscape Reached 203GW in October

According to a ministry of new and renewable energy statement, India's total renewable energy capacity increased by 24.2 GW or 13.5% annually, meeting the country's ambitious goals in the renewable energy sector. In October 2024, it...

TVS Supply Chain Gains Following the Release of Turnaround Q2 Results

TVS Supply Chain Gains Following the Release of Turnaround Q2 Results

In Q2 FY25, TVS Supply Chain Solutions recorded a consolidated net profit of Rs 10.61 crore, compared to a net loss of Rs 21.93 crore in Q2 FY24. This resulted in a 1.99% increase to Rs 187.10. During the quarter, operating...

India is a Leader in AI Adoption with 30%, Exceeding the Global Average of 26%

India is a Leader in AI Adoption with 30%, Exceeding the Global Average of 26%

According to a research, India leads in Artificial Intelligence (AI) adoption, with 30% of its enterprises maximizing AI's value potential, exceeding the global average of 26%.According to a Boston Consulting Group (BCG) analysis, Indian...

Amazon is Developing Smart Glasses that will Give Delivery Workers Real-time Directions

Amazon is Developing Smart Glasses that will Give Delivery Workers Real-time Directions

Amazon is creating smart glasses to make navigation easier and faster for its delivery drivers. In order to transport products more quickly, these glasses would provide drivers with detailed instructions on a small screen, making it simpler for...

Vistara and Air India have Successfully Merged

Vistara and Air India have Successfully Merged

At the Kempegowda International Airport in Bengaluru, passengers took their aubergine-colored seats as boarding gates closed and last passenger calls were made. Passengers were told by Captain Adarsh Mohan that he was piloting the Vistara aircraft...

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