Hubballi Becomes Infosys’ Leading Tech Hub with Focus on AI, Cybersecurity, and Space In a strategic move to expand its technological capabilities, Infosys has designated Hubballi as a primary center for cutting-edge innovation in artificial intelligence (AI), cybersecurity, and space technology. This decision underscores Infosys’ commitment to nurturing local tech talent and fostering partnerships with […]
Beiersdorf Shares Fall on Lowered Outlook, Moderate Growth
Beiersdorf Faces Stock Price Decline Amid Adjusted Sales Forecast Beiersdorf, the European personal care giant, recently experienced a sharp decline in its stock price, tumbling by 10 percent. This significant drop came in response to the company’s decision to revise its full-year sales guidance, indicating a more moderate growth trajectory than previously anticipated. The adjustment […]
Oneskin Announces $20 Million Investment From Prelude Growth Partners
Oneskin Secures $20 Million Investment From Prelude Growth Partners Oneskin, the renowned premium skincare brand, has recently made headlines by announcing a significant investment of $20 million from Prelude Growth Partners. This substantial influx of capital is poised to propel Oneskin to new heights in the beauty and skincare industry, marking a pivotal moment in […]
China’s automaker announces solid-state battery EVs by 2026, brand restructuring
China’s Dongfeng Drives Towards the Future with Solid-State Battery EVs and Brand Restructuring As part of a strategic overhaul, Chinese automaker Dongfeng has consolidated its eÏ€ (Yipai), Fengshen, and Voyah brands under a new entity, signaling a significant shift in the company’s approach to the rapidly evolving automotive market. One of the most exciting announcements […]
China issues action plan for global AI governance and proposes global AI cooperation organisation
China Leads the Way in Global AI Governance: Proposes New Cooperation Organization At the 2025 World AI Conference held in Shanghai, China made a groundbreaking announcement that has sent waves through the global tech community. The country unveiled an ambitious action plan aimed at shaping the future of global AI governance. This plan not only […]
LegalOn raises 50 million to expand AI legal tools
LegalOn Secures $50 Million Investment to Enhance AI Legal Tools LegalOn, a pioneering startup in the legal tech industry, has recently made headlines by raising a significant $50 million in funding. This substantial investment is geared towards expanding its innovative AI legal tools, particularly its revolutionary Review tool. The Review tool, one of LegalOn’s flagship […]
Amazon exit highlights deepening AI divide between US and China
Amazon Exit Highlights Deepening AI Divide Between US and China In the realm of artificial intelligence (AI), the relationship between the United States and China has always been complex. Both countries are at the forefront of AI development, with tech giants like Amazon and Alibaba leading the charge. However, recent events have shown a shift […]
Perfume Maker Givaudan’s Sales Growth Slower Than Expected
Perfume Maker Givaudan’s Sales Growth Slower Than Expected Givaudan, the renowned Swiss fragrance and flavors company, recently announced its financial results for the second quarter of 2025, revealing a slightly slower sales growth than what analysts had predicted. The company reported group sales of $2.37 billion for the quarter, narrowly missing the forecasted figures. While […]
Meta CEO unveils plan to spend hundreds of billions on AI data centres
Meta CEO Unveils Plan to Spend Hundreds of Billions on AI Data Centres Meta, formerly known as Facebook, has set the tech world abuzz with its recent announcement of a massive capital investment plan. The social media giant revealed its intention to allocate a staggering $72 billion towards the development of cutting-edge AI data centres. […]
Meta lures AI leaders as Apple faces instability
Meta’s Superintelligence Labs Attracts Top AI Talent from Apple In a surprising turn of events, Meta, formerly known as Facebook, has managed to lure top AI leaders away from tech giant Apple. Mark Lee and Tom Gunter, two prominent figures in Apple’s artificial intelligence (AI) division, have made the leap to join Meta’s Superintelligence Labs. […]