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The Latest Breaking News from Artificial Intelligence

Cisco stock price today: Why CSCO stock soared 17% after earnings and why Cisco is cutting thousands of jobs - here's what investors need to know

Cisco stock price today after CSCO earnings: Cisco shares soared following a robust earnings report. The networking giant exceeded expectations for revenue, profits, and future guidance. Demand for its artificial intelligence infrastructure business is growing significantly. Cisco also announced workforce reductions to focus on long-term growth areas.

The Economic Times

Amdocs Q2 Earnings Call Highlights

Amdocs (NASDAQ:DOX) reported fiscal second-quarter 2026 revenue and non-GAAP earnings above the midpoint of its guidance, while newly appointed Chief Executive Officer Shimie Hortig used the company’s earnings call to outline a strategy centered on “agentic” artificial intelligence for telecom opera

MarketBeat

Cisco Systems Q3 Earnings Call Highlights

Cisco Systems (NASDAQ:CSCO) reported record fiscal third-quarter revenue and raised its expectations for artificial intelligence infrastructure orders, as executives said demand accelerated across hyperscale, enterprise and public-sector customers. Chair and CEO Chuck Robbins said Cisco delivered “

MarketBeat

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Who Is Andreessen Horowitz, the Silicon Valley Powerhouse Outspending Musk and Soros in the Midterms?

Andreessen Horowitz, the venture capital giant known in Silicon Valley as a16z, has reportedly become the biggest known political donor bloc of the 2026 midterm elections, pouring more than $115 million into federal politics as the technology industry fights to shape the future of cryptocurrency and artificial intelligence regulation.

Latin Times

Advanced Micro Devices Shareholders Back Board as Lisa Su Touts AI Growth

Advanced Micro Devices (NASDAQ:AMD) used its 2026 Annual Stockholders Meeting to secure shareholder approval for its director slate and key governance items, while Chair and CEO Lisa Su outlined the company’s growth strategy centered on artificial intelligence and data center computing. The virtual

MarketBeat

Dynatrace Q4 Earnings Call Highlights

Dynatrace (NYSE:DT) reported a stronger finish to fiscal 2026, with executives emphasizing steady annual recurring revenue growth, expanding consumption of its log management products and growing demand tied to artificial intelligence and cloud complexity. On the company’s fourth-quarter and full-y

MarketBeat

Sam Altman Says Elon Musk Left OpenAI Nonprofit "For Dead" in Explosive Trial Testimony

Sam Altman defended himself against Musk's claim that he and other OpenAI leaders betrayed the artificial intelligence company's founding purpose by shifting it from a nonprofit research lab into a commercial powerhouse.

International Business Times

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Wix.com Q1 Earnings Call Highlights

Wix.com (NASDAQ:WIX) executives said the company delivered solid first-quarter 2026 growth while accelerating investments in artificial intelligence products, including Wix Harmony and Base44, during the company’s earnings call. President and Co-founder Nir Zohar said the company is focused on usin

MarketBeat

LinkedIn set to layoff 5 percent of staff, report says

The layoffs are not a result of the artificial intelligence boom, according to the report

The Independent UK

Data center used 30 million gallons unnoticed — is America’s AI boom quietly pushing local water systems toward crisis?

Georgia AI data center water crisis is now raising serious questions across the United States. Investigators found that a massive data center used nearly 30 million gallons of water without proper billing or reporting in drought-hit Georgia. The discovery shocked residents already facing water conservation warnings and falling water pressure.…

The Economic Times

How Artificial Intelligence Is Transforming Real Estate Investing

Artificial intelligence is transforming real estate investing through smarter lead generation, automated follow-ups, predictive analytics, and streamlined CRM workflows.

inkl

AI is not replacing workers on a large scale so far, says Bank of Canada

The Bank of Canada reports no widespread job losses due to artificial intelligence. AI is seen as a tool to transform tasks, not eliminate them. While some jobs will be replaced, new ones will emerge. Early signs show small productivity gains. This technology could boost efficiency, leading to higher wages…

The Economic Times

How did Nvidia CEO Jensen Huang join Donald Trump's China trip? Last-minute Air Force One addition sparks memes and global attention

How did Nvidia CEO Jensen Huang join Donald Trump's China trip? The Nvidia CEO became a last-minute addition to Donald Trump’s delegation to China. He boarded Air Force One shortly before departure. The visit focuses on trade, tariffs, Artificial Intelligence, Iran war, Taiwan, rare earths, and supply chains. The summit…

The Economic Times

Alibaba to exceed planned AI spending and says margin is secondary

Alibaba plans to spend more than its projected 380 billion yuan on Artificial Intelligence over three years. The company reported quarterly results impacted by significant investments in AI and cloud infrastructure. Despite profit pressures, Alibaba aims for market leadership, prioritising growth over margins. Demand for AI is surging, benefiting Alibaba's…

The Economic Times

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The Economic Times

Tencent revenue and profit miss on higher AI investment

Tencent Holdings announced first-quarter results below market expectations. Revenue and net profit missed forecasts. Gaming revenue saw growth, driven by popular titles. Online advertising also increased. The company is significantly investing in artificial intelligence, launching its advanced Hunyuan 3.0 large language model. This push aims to compete with rivals in…

The Conversation

How tarot readers are using AI – and what it says about our growing reliance on chatbots for emotional support and advice

If you’ve ever turned to artificial intelligence to try to figure out how to handle a tricky situation with a friend or colleague, you’re far from alone. For many, AI has become a modern oracle – a source of guidance, emotional support or clarity in moments of uncertainty – though…

The Economic Times

Tower Semi forecasts upbeat quarterly revenue, signs $1.3 billion in AI chip deals

Tower Semiconductor anticipates exceeding second-quarter revenue expectations. The company has secured significant deals worth $1.3 billion for 2027, focusing on chips for artificial intelligence data centers. These advancements are driven by robust demand for their specialised processors. Tower Semiconductor is confident in its financial targets for 2028, projecting substantial annual…

The Economic Times

What is really driving copper futures to record highs? Copper prices just broke every record as AI data center boom fuels global supply crunch

Copper prices are soaring aggressively in 2026 as copper futures smash record highs above $14,000 per ton and COMEX copper crosses $6.50 per pound. The rally is no longer only about manufacturing demand. AI data center construction is now driving a massive global copper rush. China’s factory recovery, Middle East…

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The Economic Times

India can become world's AI skill capital if AI literacy doubles by 2030: IBM India MD

With the right investment in education and training, India is on track to emerge as the global hub for artificial intelligence skills by 2030. IBM India & South Asia's Managing Director, Sandip Patel, expresses optimism about this prospect, estimating that AI could inject over $500 billion into the country's economy.

The Economic Times

India to use AI to protect consumers from money mule banking cyber fraud, announces Home Minister Amit Shah

India will now use Artificial Intelligence to fight money mule banking cyber fraud. The Home Minister announced a partnership between the Indian Cyber Crime Coordination Centre and the Reserve Bank of India’s Innovation Hub. This collaboration will help detect and block suspicious accounts faster. Consumers can expect safer digital transactions…

The Economic Times

China tech giant Tencent sees Q1 profit jump after AI bets

Tencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artificial intelligence sector. The tech giant is actively competing in AI, unveiling model upgrades and reportedly considering investments in startups, despite rising AI costs impacting margins.

The Conversation

From AirTags to AI nudification: the growing toolkit of technology-facilitated abuse

It’s hard to overstate the impact that artificial intelligence has had since the release of generative AI platforms such as ChatGPT just three years ago. While they have led to countless advances in how we live and work, they have also been at the centre of controversies around domestic and…

The Economic Times

Targeting 30 pc EV sales by 2030, Bihar govt nod to policy amendments

Bihar is boosting electric vehicle adoption. The state government aims for 30 percent of new vehicle sales to be electric by 2030. Incentives will be offered for electric commercial vehicles, two-wheelers, and four-wheelers. Charging stations will also be established. Additionally, Bihar is launching an Artificial Intelligence Mission to foster innovation…

MarketBeat

Audioeye Q1 Earnings Call Highlights

Audioeye (NASDAQ:AEYE) reported first-quarter 2026 revenue growth and raised its profitability outlook, while outlining a leadership transition that will move Kelly Georgevich into the chief executive role and keep David Moradi focused on product strategy and artificial intelligence initiatives. Th

MarketBeat

Arteris Q1 Earnings Call Highlights

Arteris (NASDAQ:AIP) reported record first-quarter results for 2026, with management pointing to strong demand tied to artificial intelligence chips, data center infrastructure, automotive systems and cybersecurity as key drivers of growth. Chief Executive Officer K. Charles Janac said the quarter

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