TCS exceeded revenue expectations but profits lagged, while launching AI-focused initiatives and workforce reductions.
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AI
Musk Settles $128 Million Lawsuit Over Twitter Executives
Elon Musk’s tentative settlement on a Twitter lawsuit involves $128 million for former executives.
Qualcomm Expands Horizons with Arduino Acquisition
Qualcomm acquires Arduino, introducing the Uno Q board, enhancing DIY electronics with advanced capabilities.
Firefly Aerospace Acquires SciTec for Enhanced Defense Tech
Firefly Aerospace acquires SciTec for $855 million, enhancing defense software capabilities in military-space sector.
OpenAI Launches Sora for AI-Generated Video Creation
OpenAI’s Sora app enables AI-generated videos, sparking creativity and concerns over misinformation and misuse.
Nvidia UAE Chip Agreement Stalls Amid Trade Complexities
Nvidia’s multibillion-dollar AI chip deal with the UAE stalls, frustrating CEO Huang and officials.