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Amazon raises prices of Echo, Kindle, Fire TV in US; check the new prices across its popular device range
Amazon has increased prices for its Echo, Kindle, Fire TV, and eero devices. Rising memory and storage component costs are pushing up hardware expenses for the company. This price adjustment follows the company absorbing these increases for an extended period. Other tech giants like Apple and Microsoft are also adjusting their product pricing. Amazon's significant investment in AI infrastructure further contributes to memory demand.
Harvard, NYU, MIT may come to India as US sees âmassiveâ demand from students, says envoy Sergio Gor
US envoy Sergio Gor said he was in talks with American universities like Harvard, NYU and Purdue to bring their institutions to India amid strong demand from Indian students. He also defended US visa screening, saying the country cannot accommodate everyone seeking to enter.
Nvidia discusses Perplexity investment at $30 billion-plus valuation
Nvidia is discussing investing in Perplexity as part â of â an equity round that would value the AI startup â at more than $30 billion, â the Information reported on Sunday citing people with knowledge of the discussion.
How companies evaluate and judge AI will decide winners: BCG CEO Christoph Schweizer
India is well-positioned to productively adopt artificial intelligence technology. CEOs must combine technical understanding with human leadership skills. Entry-level hiring in the tech sector remains steady despite automation concerns. Parts of the IT services value chain will be automated by AI. Indian companies can develop new capabilities and offerings in demand.
Anthropic market debut could break SpaceX IPO record
The company's bankers have told potential investors it could seek to raise "more than $100 billion" in its IPO, which could put the company's value at $2 trillion, The New York Times reported Friday, citing two unnamed sources with knowledge of the talks.
Nvidia customers notified about AI-related price hikes above 15%: Bloomberg
The price hikes will go into effect on systems shipped early next year and will impact systems including those with the flagship Vera Rubin and Grace Blackwell chips, Bloomberg said, citing people familiar with â the process. The increases will depend on Nvidia's chip generation and memory configurations, according to the report.
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China's open-source bout is changing AI
America's attempt to contain China's AI ambitions may have altered the industry, accelerating a shift towards open models, cheaper intelligence and platforms.
Explained: Why OpenAI and Anthropic are suddenly talking about privacy
Enterprise data privacy became the battleground for AI companies this week with OpenAI and Anthropic making moves this month that reverse or challenge their previous positions.
Harvard says success requires more than just hard work: Billionaires Satya Nadella, Warren Buffett and Richard Branson reveal the one habit that keeps them on top of the game
Most people engaged in the hustle culture and climbing the corporate ladder would sniff and scoff at the idea of having hobbies. However, many studies, including an article published in the Harvard Business Review, claim that contrary to popular notions, having hobbies wonât be a distraction or hold you back from success but will actually make you better at your job!
Microsoft is betting on AI to transform work, now itâs hiring a Legal Engineer to lead the shift
Microsoft has opened a Legal Engineer position that blends legal experience with AI and technology, placing the role within its Corporate, External & Legal Affairs organisation. The selected professional will work with engineers, attorneys and paralegals to build AI capabilities, track adoption and system performance, and shape future investment decisions. The listed base salary ranges from USD $185,900 to $278,900 annually.
Lawyers square off in fight over voice data used to train AI
Ross Kimbarovsky of Loevy & Loevy is representing the plaintiffs - a group of journalists, podcasters and audiobook narrators - in the proposed class action lawsuits. He said each of the defendants faces hundreds of millions of dollars in potential damages.
Broadcom seeks more than $60 billion in latest AI debt deal
The numbers under discussion would potentially bring the total raise to as much as $100 billion, according to the report.
Ex-Google engineer's conviction for stealing AI secrets partially overturned
U.S. District Court Judge Vince Chhabria in San Francisco ruled there was insufficient evidence Ding intended or knew his conduct would benefit â the government â of China, a requirement to convict him on seven counts of economic espionage. Chhabria said evidence supported the guilty verdict on the theft of trade secrets.
Microsoft AI's chief marketing officer Andra Mallard exits after 6 months as Copilot faces intense competition from ChatGPT and Claude. No one is replacing her
Microsoft AI CMO Andra Mallard is leaving after just six months, as the company reshapes its Copilot strategy amid intense competition from OpenAI's ChatGPT and Anthropic's Claude. Mallard plans to move her family to Europe to be closer to her ailing father and will remain at Microsoft in an advisory role until early next year. Microsoft is not replacing her.
No IIT, IIM: Techie, who lived in a one-bedroom home in parking lot, reveals how she went on to land jobs at Microsoft, Google: âAll because one ladyâĶ'
A techpreneur recently shared how she and her mother overcame adversity to make better lives for themselves through a viral Instagram video. Taking to Instagram, Aishwarya Srinivasan shared her motherâs journey from dropping out of school to support her family to funding her dreams to pursue education in the US through an emotional post that became viral.
Global tech majors to participate in Kerala cybersecurity summit
The programme will include keynote addresses, leadership discussions, executive roundtables and technical sessions. AI attack simulations, workshops and technology showcases are also planned. Cyber resilience, artificial intelligence security and digital trust will be among the key areas of discussion.
Australia passes law to levy tech giants that fail to pay for local news
The levy applies to Meta, Alphabet's Google, TikTok and Microsoft's LinkedIn, covering companies with a "significant" social media or search service in Australia, and local advertising revenue exceeding A$250 million ($178 million). Platforms can â avoid the charge by reaching agreements with at least eight different publishersby the end of their reporting period. The value of â those deals would be offset against their levy liability.
Google to buy Spirit Airlines business data for $10 million
The acquired data includes Spirit Airlines' employee emails, Microsoft Teams messages, spreadsheets, and calendars, as well â as marketing, productivity, and operations data.
GitHub down: Users report issues with website, app and login
Microsoft-owned GitHub faced a significant outage on Monday evening. Users reported widespread issues with its website and application services. The outage comes just a few months after GitHub confirmed a cyberattack involving unauthorised access to some of its internal repositories, following claims by a threat actor that it had stolen and was attempting to sell company data online.
Global Market: AI investment story shifts from spending to picking the winners
The AI investment debate is shifting toward identifying sustainable winners as spending accelerates. Hyperscalers, semiconductor firms and neocloud providers remain key beneficiaries, but investors increasingly prioritise profitability, valuations and infrastructure control. As computing capacity expands, companies with strong balance sheets, customer relationships and diversified technology ecosystems may capture the biggest long-term gains.
US Stock Market: Tiger Global trims big tech bets, adds AMD and SpaceX in Q2
Tiger Global reshuffled its tech portfolio in Q2, cutting stakes in Alphabet, Nvidia, Microsoft, Amazon, Meta, Broadcom and TSMC while exiting Netflix. The fund more than doubled its Intel holding and initiated positions in AMD and SpaceX, signalling a shift toward semiconductor exposure and emerging technology opportunities, according to filings.
US stock: S&P 500 ends lower as investors weigh data, Middle East tensions
The S&P 500's streak came to an end, falling from its peak as weaker retail sales suggested caution among consumers. Despite a strong outlook, Applied Materials saw its shares slump, dragging down AI-related stocks. In contrast, rising oil prices helped lift the energy index. Reddit experienced a surge following news of its index inclusion.
Jefferiesâ Chris Wood spots a hidden risk in Big Techâs $165 billion AI capex race
Big Techâs AI capex surge is putting pressure on free cash flow, with Microsoft, Amazon, Alphabet and Meta spending $165 bn in Q2 against just $7 bn in free cash flow. Jefferiesâ Chris Wood warns that growing reliance on cash-burning AI firms OpenAI and Anthropic could pose a hidden risk.
Bill Ackman adds Netflix, Visa & Mastercard in biggest portfolio shake-up in years
Investor Bill Ackman has disclosed significant portfolio changes, adding Netflix and other companies. His funds acquired stakes in Alcon, Intercontinental Exchange, and S&P Global. Ackman also added Microsoft to his portfolio earlier this year.
Microsoft retreats in China, but AI boom helps it keep a window open
The year was 2010 and Google was about to exit due to concerns over censorship and cyberattacks. That decision was lauded by democracy activists, but not Bill Gates and Microsoft's then-CEO Steve Ballmer, who suggested Google was overreacting. In the past five years, however, at least 15 Microsoft branch offices and joint ventures in China have been shut, corporate filings show, and Microsoft is pursuing what five company sources described as a strategy of retreat.
Is Microsoft overbuilding AI capacity? Bernstein says no, raises target price to $660
Bernstein maintains an Outperform rating on Microsoft and raises its target to $660, citing disciplined AI infrastructure spending, flexible datacenters, staggered commitments and strong fundamentals that support long-term growth.
Microsoft could unveil Maia 300 AI chip as early as September: Report
Microsoft plans to launch its new Maia 300 AI chip this autumn. The company is securing production capacity for over 300,000 chips by 2027. This move aims to reduce reliance on Nvidia's expensive processors. Microsoft also seeks to attract major cloud customers like Anthropic. The tech giant eventually targets over one million Maia 300 chips.
Microsoft plans to unveil its new Maia 300 AI chip this fall: The Information
Microsoft is planning to publicly unveil its â new â Maia 300 chip this fall, potentially as â soon as next month, The â Information reported on Monday, citing people with direct knowledge of the plans.
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