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Lenovo Raises PC Shipments Outlook for 2025 After Strong Earnings
Lenovo’s Chief Executive Officer Yang Yuanqing raised his outlook for global shipments in 2025 to double-digit percentage growth, up from a previous forecast of five percent to 10 percent, citing demand for AI PCs and the replacement cycle facilitated by Windows 11.
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India Likely To Add 33 Million Jobs To Its Workforce By 2028 In AI Era
Emerging technology will transform talent across India's key growth sectors, generating 2.73 million new tech jobs by 2028, according to new research by AI platform for business transformation, ServiceNow.
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Worldwide Tablet Shipments Saw 20.4 Percent YoY Growth in Q3 2024: IDC
Tablet shipments worldwide grew by 20.4 percent year-over-year in the third quarter (Q3) of 2024, with shipments totalling 39.6 million units, according to a report by a market research firm. The report notes that the "dismal 2023 market" makes for an easy YoY comparison but the supply growth is nevertheless a good thing for the tablet market.
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Apple Offers Modest Growth Outlook After iPhone Sales Help Beat Profit Expectations
Apple's iPhone 16 sales boosted the company's quarterly sales beyond Wall Street expectations, the company said on Thursday. However, questions linger about the sustainability of this momentum through the holiday sales period. The company's executives did not give any indication of how the iPhone might fare, including in China, where the company's ...
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Microsoft Forecasts Slower Cloud Business Growth in Second Quarter
Microsoft has forecast an increase in spending on AI this quarter and warned of slower growth in its cloud business Azure, even as the company beat Wall Street's estimates for first-quarter revenue and profit.. The Redmond company has signalled that big AI investments were not enough to keep pace with capacity constraints at its data centres.
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"India Is Very, Very Dear To World's Computer Industry": Nvidia CEO
India, a country "dear" to the world's computer industry, is set to witness 20 times growth in compute capacities in 2024, and will soon be exporting impactful AI solutions, Nvidia founder and CEO Jensen Huang said on Thursday.
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IBM Releases New AI Models for Businesses as GenAI Competition Heats Up
IBM is looking to capitalise on the surge in enterprises adopting generative AI technology. 'Granite 3.0' models will be made open-source. This approach differs from rivals such as Microsoft that charge customers for access to their models.
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"India Has Double AI Power": What PM Modi Said On AI At NDTV World Summit
In the era of Artificial Intelligence, India is powered by another AI Aspirational India which accelerates the country's growth, Prime Minister Narendra Modi said.
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AI Adoption Can Unlock Major Economic Growth To India By 2030: Report
The report titled "An AI Opportunity Agenda for India" outlines how artificial intelligence can drive economic growth, social progress and global leadership for the nation.
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Instead of a Threat, Canva Sees AI as a Tailwind, Says Co-Founder Cameron Adams
Gadgets 360 spoke with Cameron Adams, Co-Founder and Chief Product Officer at Canva to better understand the intricacies of the design world, how the companies look at AI, and what is the larger vision behind it. Founded in 2013, the Sydney-based graphic designing platform has recently integrated a wide range of AI tools and launched a major enterp...
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Reliance Announces JioTV OS With Hello Jio AI Assistant, JioHome App, JioTV+, JioPhonecall AI, and More
Reliance Industries Limited (RIL) held its 47th annual general meeting (AGM) on Thursday. During the conference, RIL Chairman and Managing Director Mukesh Ambani addressed the stakeholders of the company. Ambani spoke about the advancements the company is making in the fields of 5G connectivity, artificial intelligence, the growth of its telecommun...
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Why Is 'World's Most Important Stock' Nvidia Falling, Expert Explains
Artificial intelligence behemoth Nvidia on Wednesday said quarterly sales reached a higher-than-expected $30 billion in the last quarter, though that growth was slower than the furious pace seen in previous quarters.
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AI-led Demand For Data Centres In India To Drive Additional 500 MW Capacity In 4 Years: Avendus Capital
India is among the fastest-growing data centre markets globally; it has seen overall capacities doubling to about 1,011 megawatt (MW) in 2023 from about 540 MW in 2019
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Amazon Set To Join Big Tech's Spending Surge As AI Race Heats Up
As a result of the spending increase, Amazon's gross profit margin growth is expected to have slowed to 1.3% in the April-June quarter, compared with 2.6% in the previous quarter and an average of 2.7% over the past two years.
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All Eyes On AI To Drive Big Tech Earnings
Analysts at Wedbush Securities, one of Wall Street's biggest believers in AI's potential, expect "growth and earnings to accelerate with the AI revolution and the wave of transformation" it is causing.
-
Lenovo Raises PC Shipments Outlook for 2025 After Strong Earnings
Lenovo’s Chief Executive Officer Yang Yuanqing raised his outlook for global shipments in 2025 to double-digit percentage growth, up from a previous forecast of five percent to 10 percent, citing demand for AI PCs and the replacement cycle facilitated by Windows 11.
-
India Likely To Add 33 Million Jobs To Its Workforce By 2028 In AI Era
Emerging technology will transform talent across India's key growth sectors, generating 2.73 million new tech jobs by 2028, according to new research by AI platform for business transformation, ServiceNow.
-
Worldwide Tablet Shipments Saw 20.4 Percent YoY Growth in Q3 2024: IDC
Tablet shipments worldwide grew by 20.4 percent year-over-year in the third quarter (Q3) of 2024, with shipments totalling 39.6 million units, according to a report by a market research firm. The report notes that the "dismal 2023 market" makes for an easy YoY comparison but the supply growth is nevertheless a good thing for the tablet market.
-
Apple Offers Modest Growth Outlook After iPhone Sales Help Beat Profit Expectations
Apple's iPhone 16 sales boosted the company's quarterly sales beyond Wall Street expectations, the company said on Thursday. However, questions linger about the sustainability of this momentum through the holiday sales period. The company's executives did not give any indication of how the iPhone might fare, including in China, where the company's ...
-
Microsoft Forecasts Slower Cloud Business Growth in Second Quarter
Microsoft has forecast an increase in spending on AI this quarter and warned of slower growth in its cloud business Azure, even as the company beat Wall Street's estimates for first-quarter revenue and profit.. The Redmond company has signalled that big AI investments were not enough to keep pace with capacity constraints at its data centres.
-
"India Is Very, Very Dear To World's Computer Industry": Nvidia CEO
India, a country "dear" to the world's computer industry, is set to witness 20 times growth in compute capacities in 2024, and will soon be exporting impactful AI solutions, Nvidia founder and CEO Jensen Huang said on Thursday.
-
IBM Releases New AI Models for Businesses as GenAI Competition Heats Up
IBM is looking to capitalise on the surge in enterprises adopting generative AI technology. 'Granite 3.0' models will be made open-source. This approach differs from rivals such as Microsoft that charge customers for access to their models.
-
"India Has Double AI Power": What PM Modi Said On AI At NDTV World Summit
In the era of Artificial Intelligence, India is powered by another AI Aspirational India which accelerates the country's growth, Prime Minister Narendra Modi said.
-
AI Adoption Can Unlock Major Economic Growth To India By 2030: Report
The report titled "An AI Opportunity Agenda for India" outlines how artificial intelligence can drive economic growth, social progress and global leadership for the nation.
-
Instead of a Threat, Canva Sees AI as a Tailwind, Says Co-Founder Cameron Adams
Gadgets 360 spoke with Cameron Adams, Co-Founder and Chief Product Officer at Canva to better understand the intricacies of the design world, how the companies look at AI, and what is the larger vision behind it. Founded in 2013, the Sydney-based graphic designing platform has recently integrated a wide range of AI tools and launched a major enterp...
-
Reliance Announces JioTV OS With Hello Jio AI Assistant, JioHome App, JioTV+, JioPhonecall AI, and More
Reliance Industries Limited (RIL) held its 47th annual general meeting (AGM) on Thursday. During the conference, RIL Chairman and Managing Director Mukesh Ambani addressed the stakeholders of the company. Ambani spoke about the advancements the company is making in the fields of 5G connectivity, artificial intelligence, the growth of its telecommun...
-
Why Is 'World's Most Important Stock' Nvidia Falling, Expert Explains
Artificial intelligence behemoth Nvidia on Wednesday said quarterly sales reached a higher-than-expected $30 billion in the last quarter, though that growth was slower than the furious pace seen in previous quarters.
-
AI-led Demand For Data Centres In India To Drive Additional 500 MW Capacity In 4 Years: Avendus Capital
India is among the fastest-growing data centre markets globally; it has seen overall capacities doubling to about 1,011 megawatt (MW) in 2023 from about 540 MW in 2019
-
Amazon Set To Join Big Tech's Spending Surge As AI Race Heats Up
As a result of the spending increase, Amazon's gross profit margin growth is expected to have slowed to 1.3% in the April-June quarter, compared with 2.6% in the previous quarter and an average of 2.7% over the past two years.
-
All Eyes On AI To Drive Big Tech Earnings
Analysts at Wedbush Securities, one of Wall Street's biggest believers in AI's potential, expect "growth and earnings to accelerate with the AI revolution and the wave of transformation" it is causing.
