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Searched Tag: ai boom
It also said on Tuesday it is taking a $1 billion stake in Nokia as part of a strategic partnership with the networking company to develop next-generation 6G cellular technology.

Nvidia becomes first company to cross $5 trillion valuation

October 29, 2025, 10:24 PM - 2 min read

An Artificial Intelligence (AI) boom has fueled an unprecedented surge in the shares of one of the Big Tech companies, the chip-maker, Nvidia, whose shares rose more than 4 per cent on Wednesday

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TSMC has been building chip fabrication plants in the United States and Japan to help hedge against risks from China-US trade tensions

AI boom lifts Taiwanese chipmaker TSMC’s profit by nearly 40 pc

October 16, 2025, 08:18 PM - 2 min read

Taiwan Semiconductor Manufacturing Corp. – the world’s biggest semiconductor manufacturer – reported a net profit record of 452.3 billion new Taiwan dollars ($15 billion) in the July-September quarter as the demand for AI surged

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Dinesh Rao, Executive Vice President and Chief Delivery Officer at Infosys, said that Oracle’s AI Data Platform is a “top strategic priority for investments, talent development and growth”.

Oracle AI platform locks $1.5-billion investment

October 16, 2025, 02:31 PM - 2 min read

Leading global system integrators and partners including Infosys, LTIMindtree, Cognizant, Accenture, and KPMG have promised investment over USD 1.5 billion in Oracle’s new AI Data Platform

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World’s rich list rattled by AI hype

World’s rich list rattled by AI hype

September 15, 2025, 03:41 PM - 7 min read

Larry Ellison, co-founder of US cloud computing company Oracle, became the world’s richest person briefly. While his moment in the spotlight was fleeting, it also illuminated something far more significant: AI has created extraordinary levels of concentration in global financial markets.

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