All articles by Refna Tharayil
Refna Tharayil
Atos reports 4.4% decline in Q3 2024 revenue amid weakened market conditions
The French IT company recorded order entries of €1.5bn as of 30 September, reflecting increased commercial activity
UK’s new Data Use and Access Bill aims to boost economy by £10bn
The new bill forms a key part of the government’s broader strategy to revitalise the country by aiming to stimulate economic growth, strengthen public safety, and modernise healthcare.
Arm to revoke Qualcomm chip development licence amidst ongoing litigation
The British semiconductor company issued Qualcomm a mandatory 60-day notice, signalling the termination of the licensing arrangement that allowed the latter to design and produce chips based on Arm’s technology.
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.