All articles by Refna Tharayil
Refna Tharayil
EU launches Trusted Investors Network to boost deep tech investments
The initial group features 71 investors from across Europe, encompassing venture capital funds, public investment banks, foundations, and corporate venture funds.
Sophos to acquire Secureworks in $859m deal to strengthen cybersecurity portfolio
The proposed merger will combine advanced security controls, AI-powered intelligence, and cybersecurity expertise to deliver robust protection and enhanced threat intelligence to businesses of all sizes.
Meta unveils new AI models to advance machine intelligence across multiple domains
Each of the newly released models addresses key areas of AI development, including perception, language processing, speech integration, reasoning, and system alignment.
IBM rolls out Granite 3.0 AI models for business use cases
The Granite models are available under the Apache 2.0 licence, enabling flexible and autonomous implementation for enterprise users and the community.
Google moves Gemini app team to AI research lab DeepMind
The consolidation is designed to streamline feedback loops, accelerate the deployment of new models, and improve post-training works.
Wipro posts 21.3% YoY growth in Q2 FY25 net income, driven by US client spending surge
The Indian company reported consolidated revenue of INR223.02bn ($2.65bn) in the July-September quarter, representing a modest 1% year-on-year decline.
TSMC reports 54% surge in net profit for Q3 2024 amid AI chip demand
The company’s third quarter revenue increased by 36% YoY to $23.5bn, surpassing the company’s forecast of $22.4bn to $23.2bn, and reflecting a growth of 12.9% compared to Q2 2024.
Intel begins mass layoffs, impacting over 2,000 jobs across US
The company’s job cuts are part of a previously announced larger restructuring plan, aimed at reducing the company’s workforce by over 15,000 employees and cutting costs by more than $10bn.
US firms announce £6.3bn investment in UK data infrastructure
The latest investments from CyrusOne, ServiceNow, CloudHQ, and CoreWeave push total funding for UK data centres to more than £25bn since the current government took office.
CISA committee endorses draft reports focused on infrastructure resilience
A key report prepared by the Building Resilience subcommittee revealed that federal agencies and critical infrastructure sectors are insufficiently prepared to handle cyberattacks stemming from nation-state conflicts.