CISCO
Nvidia showcases new tech at AI 'Super Bowl'
Jensen Huang used the annual speech to unveil developments and tie-ups at the company he co-founded more than three decades ago. Nvidia has seen stratospheric growth, with the AI frenzy stemming largely from the company's core product: graphics processing units (GPUs).
Up to code: Softserv Solutions is changing the game for Indian IT subcontractors
IT entrepreneur Manoj Pipersania has big dreams for his micro enterprise. The 2023 ET MSME Awards nominee talks about his journey from ATM configurations to bagging some of the biggest international clients, and what makes him tick outside of work
India Inc on the Move 2025: Advancing AI-driven smart and sustainable manufacturing
India Inc On The Move (IIOTM), the flagship corporate event of Rockwell Automation India, was successfully held on February 19, 2025, at Andaz Delhi, Aerocity. Industry leaders, technology visionaries, and innovators gathered to explore the transformative potential of artificial intelligence (AI) and other advanced technologies in accelerating smart and sustainable manufacturing.
India Inc on the Move 2025: AI-powered innovation to drive smart and sustainable manufacturing
India's manufacturing sector is evolving with initiatives like Make in India aiming to boost its GDP contribution. The sixth edition of India Inc On the Move, themed on accelerating smart and sustainable manufacturing through AI, will be hosted by The Economic Times in association with Rockwell Automation, featuring industry leaders discussing advancements in automation and digital technologies.
Jio, Nokia, AMD & Cisco launch AI platform
Jio Platforms, along with Nokia, AMD, and Cisco, announced an open AI platform aimed at enhancing telecommunications efficiency, security, and capabilities. The platform will integrate AI and automation across network operations, offering real-world AI-driven solutions to optimize telecom services and introduce new revenue opportunities.
ET Exclusive: We will bring data centres to India, expand production, says Daisy Chittilapilly, President at Cisco India
Cisco Systems plans to expand its product lines and increase manufacturing in Chennai. President Daisy Chittilapilly highlights investments in local data centers and other capabilities. The company aims for $1 billion factory throughput, enhance local sourcing, and has significant hiring plans. Wi-Fi 7 developments are also underway, aligning with India's regulatory framework.
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Nvidia’s AI boom brings riches to partners like Dell, at a cost
Dell’s dilemma is playing out for the largest US server makers as they navigate the artificial intelligence boom. Though technology from Nvidia Corp. has brought a sales surge to Dell, Hewlett Packard Enterprise Co. and Super Micro Computer , the companies have suffered from shrinking margins and less influence over major customers.
STMicroelectronics to launch data centre photonics chip developed with Amazon
ST is targeting the communications market with a photonics chip - one that uses light rather than electricity - to increase speed and reduce power consumption in converters known as transceivers, of which hundreds of thousands are needed in an advanced AI data centre.
Magnificent 7 may not be so magnificent: Veteran analyst warns of storm ahead, says tech titans face headwinds; here's what all he said
Veteran analyst Dan Niles foresees challenges for the "Magnificent 7" tech giants, due to disappointing early 2025 earnings and forthcoming market dynamics. Niles fears aggressive AI investments may trigger a slowdown, potentially impacting companies like Nvidia. Opportunities may lie outside major tech firms, according to him.
Israel's Check Point Software sets up R&D centre in Bengaluru, hires 100 engineers
Israel-based Check Point Software is launching its first APAC R&D centre in Bengaluru, hiring 100 engineers. The centre will focus on AI-driven cyber security, reinforcing India’s role in global innovation and expanding Check Point’s strategic growth initiatives.
How US tech giants supplied Israel with AI models, raising questions about tech's role in warfare
US tech giants have enabled Israel to use AI-driven technology to target militants in Gaza and Lebanon, leading to an increase in civilian casualties. The surge in AI use, mainly through Microsoft's services, raises ethical concerns about the role of commercial AI in warfare.
BITS Pilani alumnus Pankaj Patel contributes $1 million towards $100 million Endowment Fund
Pankaj Patel, a BITS Pilani alumnus and founder of Nile, has donated US $1 million to the institute's Endowment Fund. This contribution aims to support transformative education and innovation at the institution. Vice Chancellor V. Ramgopal Rao expressed gratitude for the enduring commitment of BITS Pilani alumni like Patel.
TCS cheated the H-1B system? Former staff say India’s biggest IT firm was gaming the US visa process
Tata Consultancy Services (TCS) is under scrutiny for allegedly misusing L-1A manager visas in the U.S. Ex-employees claim the company misrepresented job roles to bypass H-1B visa restrictions. While lawsuits have been filed against TCS, the company denies wrongdoing, stating compliance with U.S. immigration laws. The U.S. Department of Justice declined to intervene in the lawsuits.
Meta CTO tells staff to quit if unhappy with new company policies
This follows an internal chat in which an employee criticised Meta for cutting DEI programmes and allegedly suppressing internal dissent, among other concerns. However, many companies differ from this viewpoint. Apple and Delta Airlines have defended their diversity initiatives, while Costco rejected a shareholder proposal to review its DEI initiatives, with 98% of votes in favour of keeping them.
The clock’s ticking on Palantir: Analysts predict a stock plunge, should investors brace for impact?
Analysts worry about Palantir Technologies' sustainability of its explosive growth. With AI-powered platforms and extensive government contracts, the company's high valuation may pose risks if investor excitement diminishes.
NYT Mini Crossword answers and hints for February 13, 2025
NYT Mini Crossword answers: The puzzle is accessible via the NYT website and app, though those wanting to explore past Mini Crosswords will need the app to access the archive.
Nasdaq surges over 1% after producer prices data; Tesla jumps 5%, Nvidia 3%
US stocks: Wall Street's indexes rose on Thursday with signs of optimism driven by producer prices data and Russia-Ukraine peace talks. The Dow, S&P 500, and Nasdaq saw moderate gains. Key companies like NVIDIA, Apple, and Tesla saw significant increases. Inflation figures were higher than expected. Notably, Trade Desk dropped while Cisco and Robinhood saw increases.
Most CEOs plan to integrate AI into their operations: Cisco Study
Nearly 80% of global CEOs recognize the benefits of AI, but concerns remain about knowledge gaps affecting decisions and growth, according to Cisco Systems. The research reveals over 70% of CEOs worry about losing competitive ground due to IT and infrastructure deficiencies, underscoring the need for robust technology investment.
Stock Market Today: Dow Jones tumbles 400 points as US inflation surges to 3%, S&P 500 and Nasdaq also slide amid Fed rate cut concerns
Stock Market Today saw a sharp decline as the Dow Jones plummeted 400 points following a rise in US Inflation to 3% YoY. The latest CPI data released by the US Bureau of Labor Statistics dampened investor hopes for Federal Reserve rate cuts. The S&P 500 and Nasdaq Composite also opened lower, reflecting market uncertainty. Key stocks like Microsoft, Amazon, and Nike took a hit, while Apple and JPMorgan managed gains. With inflation higher than expected, the Fed’s stance on interest rates remains firm, adding to market volatility. Investors are closely watching for future economic cues.
Cisco raises annual revenue forecast as AI boom boosts networking gear demand
Earlier this week, Cisco partnered with French AI firm Mistral to jointly launch an AI agent for automating tasks and streamlining workflow. It launched Cisco AI Defense in January to safeguard enterprises against the misuse of AI tools.
Treasury slump spreads to Asia after US CPI data
Australian shares opened fractionally higher Thursday. Equity index futures for Japan and Hong Kong also climbed while a gauge of US-listed Chinese companies advanced 2.7% Wednesday. US equity futures edged higher after the S&P 500 fell 0.3% Wednesday and the Nasdaq 100 rose 0.1%.
What is DEI and why is Donald Trump against it? Explained
DEI stands for Diversity, Equity, and Inclusion. Donald Trump has dismantled and disrupted diversity, equity and inclusion (DEI) in the country. At its core, DEI aims to ensure diverse and inclusive workplaces where everyone, regardless of race, gender, or background, has equal opportunities. Trump advocates for a return to "merit-based hiring".
US semicon firm Enfabrica commences India ops with R&D hub in Hyderabad
Enfabrica Corporation has launched its India operations with a new office and R&D facility in Hyderabad, aiming to significantly increase its workforce by 2025. The Hyderabad centre will focus on accelerating the delivery of advanced AI infrastructure solutions and will play a crucial role in scaling modern AI applications in India.
Google drops Pride Month, Black History Month from Calendar — Here’s how DEI rollbacks are spreading
Google Calendar has stopped marking Pride Month, Black History Month and Women’s History Month as part of a broader corporate shift away from DEI policies under Donald Trump’s second term.
Palantir rockets to $100! Is this AI stock still a smart Buy? Here’s what analysts say
Palantir Technologies' stock price surged from $6 to over $100 due to AI-driven growth, especially in the US market. Analysts are divided on its valuation, with some claiming it's overvalued despite its potential.
Wall Street ends higher on AI strength; steelmakers climb on Trump tariff threat
Wall Street's main indexes rose on Monday, bolstered by AI stocks like Nvidia and steelmakers as Trump announced new steel and aluminum tariffs. U.S. metals producers surged, reflecting optimism over earnings growth. Big names such as Amazon also saw gains, while Tesla and some tech stocks faced declines.
US stock market predictions: Will NYSE, S&P 500, Dow Jones, Nasdaq rise? Here is what to expect
New York Stock Exchange and the Wall Street will have a crucial week ahead as investors are closely watching President Donald Trump's tariff plans.
Wall Street Week Ahead: Inflation data to test market as tariff talk swirls
Investors are closely watching the upcoming consumer price index report, which will provide insights into inflation trends. Concerns about tariffs and their inflationary impact may influence the Federal Reserve's decisions on interest rate cuts this year. Corporate earnings reports from major companies will also be a key focus.
Amtrak to scale back diversity programs - List of tech and retails giants who have cut DEI programs
As more companies reevaluate their DEI strategies, the debate over diversity initiatives in the workplace continues amid new policies issued by the Donald Trump government.
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