AI

The company, which stores, catalogs and processes large data sets, closed a $1 billion round that values the big data software firm at more than $100 billion

A new Moody’s report says artificial intelligence may stay an assistant, become a productivity engine, or evolve into a force that upends economies — and firms must prepare for all three.

The next leap in AI may come not from costlier chips, but from India’s ability to make it run on simpler ones.

Infosys will buy a 75% stake in Telstra’s cloud services arm Versent Group for $153 million to boost its Australian presence, integrating AI and cloud platforms into the business.

Since 2024, AI has been integrated into the state’s public healthcare system across 18 government hospitals and health centres.