AI Boosts Alibaba's Cloud Revenue Despite Overall Miss
Alibaba reported a 26% increase in cloud revenue, driven by AI, despite missing overall revenue estimates. The company's cloud segment outperformed expectations, while e-commerce growth lagged.
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Alibaba reported a 26% increase in cloud revenue, driven by AI, despite missing overall revenue estimates. The company's cloud segment outperformed expectations, while e-commerce growth lagged.
The global Ultrasound AI Market is projected to grow from $2.35 billion in 2025 to $6.88 billion by 2030, driven by advancements in AI and machine learning, according to MarketsandMarkets.
OpenAI is considering building a 1GW data center in India as part of its Stargate AI infrastructure expansion in Asia, with CEO Sam Altman expected to announce more details during his visit to the country.
Meta is considering partnerships with Google and OpenAI to enhance AI features in its applications, while continuing to develop its own models.
The White House has reportedly instructed the General Services Administration to approve xAI's Grok chatbot for federal use, despite previous controversies.
Nvidia reported that nearly 40% of its Q2 revenue came from two unidentified customers, highlighting a significant concentration of its sales.
Scout AI has been awarded a contract under the U.S. Army's Unmanned Systems initiative to integrate its Fury autonomy platform onto Infantry Squad Vehicles.
Alibaba is testing a new AI chip as part of China's efforts to reduce reliance on U.S. technology, following tightened export restrictions on Nvidia's H20 chip.
Paubox has launched a generative AI-powered email security solution to enhance protection against sophisticated cyber threats in healthcare, as announced in a press release.
Reliance Industries has announced strategic partnerships with Google and Meta to develop AI infrastructure and solutions in India, focusing on enterprise tools and services.
Novacore Innovations has deployed India's first GPU cloud platform powered by NVIDIA Blackwell servers, marking a significant milestone for the country's AI infrastructure.
Elon Musk's xAI has filed a lawsuit against a former engineer, Xuechen Li, for allegedly stealing trade secrets related to its Grok chatbot and taking them to OpenAI.
Cognizant has announced a strategic initiative to deploy 1,000 context engineers, powered by Workfabric AI's ContextFabric platform, to enhance agentic AI solutions across industries.
Veolia Australia has partnered with EverestLabs to implement AI-driven recycling robotics at its Perth facility, enhancing sorting accuracy and recovery rates.
IQSTEL Inc. has announced a partnership with Mobility Tech to integrate AI-powered call center solutions in the U.S. health services sector, as stated in a press release.
The global data center colocation market is projected to grow at a CAGR of 15.6% from 2025 to 2032, driven by digital transformation and AI workloads, according to SkyQuest Technology Consulting.
Hexaware Technologies has announced a partnership with Replit to enhance enterprise software development through secure Vibe Coding, as stated in a press release.
LexisNexis has expanded its data licensing agreement with Dun & Bradstreet to enhance its AI-powered analytics and decision tools, announced in a press release. This integration allows for comprehensive business data to be accessible through Nexis Solutions products.
TurnKey Lender has received a growth investment from Sundance Growth to enhance its AI-powered lending solutions and expand globally.
Commonwealth Pain & Spine has teamed up with Adonis to enhance its revenue cycle operations using AI-powered automation, aiming to improve efficiency and support growth.