Infosys sees $300-400billion AI opportunity by 2030
BENGALURU: Infosys sees a $300-$400 billion opportunity in AI-led services by 2030 and believes the technology will amplify, rather than diminish, the role of IT services companies, chairman Nandan Nilekani said on Tuesday.
Tech stocks tumble on concerns over AI spending
Tech stocks tumble on concerns over AI spendingImage source, Getty ImagesImage caption, Traders work after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, June 17, 2026.ByFrancisco VelasquezBusiness reporterPublished1 minute agoFinancial markets received a sharp wake-up call on Tuesday following a sudden wave of selling in major technology shares, triggering widespread doubt over the sustainability of the AI boom. T...
SEBI's new ease-of-business push: What may change for stock exchanges, brokers
SEBI is embarking on a substantial reform of stock market regulations designed to simplify operational procedures and alleviate compliance burdens. This review focuses on consolidating rules, minimizing redundancies, and reallocating responsibilities among market infrastructure institutions. Major proposals encompass the creation of a unified master circular for exchanges, updated technology frameworks, and refined reporting processes, ultimately aiming to improve the ease of doing business for...
Tech giant Oracle cuts 21,000 jobs as it embraces AI
Tech giant Oracle cuts 21,000 jobs as it embraces AIImage source, Getty ImagesImage caption, Oracle co-founder Larry EllisonByOsmond ChiaBusiness reporterPublished23 June 2026, 02:51 BSTUpdated 6 hours agoOracle shed about 21,000 roles globally in the last year as the US technology giant reshapes its business around artificial intelligence (AI), the firm's latest annual report shows.The software and cloud computing firm says it had around 141,000 full-time employees as of 31 May 2026, down from...
Tech giant Oracle sheds 21,000 jobs in a year as AI replaces some roles
Tech giant Oracle sheds 21,000 jobs in a year as AI replaces some roles6 minutes agoShareSaveAdd as preferred on GoogleOsmond ChiaBusiness reporterGetty ImagesOracle co-founder Larry EllisonUS technology giant Oracle shed about 21,000 roles globally in the last year as it reshapes its business around artificial intelligence (AI), its latest annual report shows.The software and cloud computing firm says it had around 141,000 full-time employees as of 31 May 2026, down from about 162,000 workers a...
From Dishwasher to Tech Titan: How Jensen Huang Built a $100 Billion NVIDIA Empire
Jensen Huang's journey from washing dishes in a Chinese restaurant to becoming a tech billionaire is nothing short of extraordinary. His relentless vision and innovation have propelled NVIDIA to a market valuation of over $100 billion, reshaping the world of technology.
UK taxpayers want higher levies on big tech companies, survey shows
Two-thirds of respondents support increasing the 2% digital services tax for multinationalsTaxpayers want the UK to increase levies on giant global technology companies such as Facebook owner Meta, Google and Amazon, a survey of Britons’ attitudes on corporate taxes suggests.The polling released on Monday by the Fair Tax Foundation – abody providing businesses with certification around responsible tax conduct – found that 67% of respondents believe that the government should charge higher digita...
PwC's global chairman Mohamed Kande doesn’t believe companies adopting AI are laying off
PwC global chairman Mohamed Kande says companies adopting AI are hiring more workers, not fewer, telling CNBC's Squawk Box at VivaTech that embracing the technology demands bigger teams. He argues AI hands employees "superpowers," making soft skills like judgment and EQ vital. But PwC's 2026 Jobs Barometer reveals a catch: entry-level roles are flatlining and being "seniorised", squeezing young workers out of the AI-driven labour market.
Apple's Price Hike: How the Memory Chip Shortage is Impacting Consumers and the Tech Market
In a recent statement, Apple CEO Tim Cook announced that the company will be raising prices on its products due to an ongoing memory chip shortage. This decision is expected to have significant implications for consumers and the broader technology market.
Where AI Risk Debt Accumulates And How To Manage It
InnovationWhere AI Risk Debt Accumulates And How To Manage ItByExpert Panel®,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 15, 2026, 08:15am EDT gettyOrganizations are racing to embed AI into everyday workflows, decision-making processes and customer-facing systems. As adoption spreads, many are also accumulating a new kind of technical and ope...
Why Your Biggest Pricing Problem Isn't The Big Decisions
InnovationWhy Your Biggest Pricing Problem Isn't The Big DecisionsByPascal Yammine,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 15, 2026, 07:30am EDTPascal Yammine is CEO of Zilliant, a leader in price optimization and management software for business. gettyEvery company has a pricing strategy. Most believe they're executing it, but the reali...
A Safe Bet For Better Business: Privacy-Enhancing Tools
InnovationA Safe Bet For Better Business: Privacy-Enhancing ToolsByArjun Bhatnagar,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 15, 2026, 07:00am EDTArjun Bhatnagar is cofounder and CEO of Cloaked, a consumer-first privacy and security company putting people in control of their data. gettyOur society has become increasingly and dangerously com...
2026-27: Budget: Moving towards competitiveness
— FSA The federal budget for FY27 is refreshingly forward-looking. It focuses on some of Pakistan’s most pressing structural challenges: broadening the tax base, continuing import tariff reforms, sustaining incentives for the information technology sector, and reviving the long-dormant construction industry. The most politically sensitive measure is the relief provided to salaried taxpayers. Income tax rates have been reduced, while the income threshold for the highest tax...
UK Companies Race to Manage Escalating Costs of Artificial Intelligence Technology
As the adoption of artificial intelligence accelerates, UK businesses are grappling with soaring costs associated with AI technologies. Companies are now implementing strategies to optimize expenses while maximizing the benefits of AI integration.
Fusion industry suppliers bet on race for reactors creating a $73bn market
Groups eye windfall as technology’s potential to deliver abundant power attracts investors
Meet Jayshree Ullal, Indian-Origin CEO On US' Richest Self-Made Women List
Born in London and raised in New Delhi, Ullal developed an interest in technology and engineering from an early age
How AI is disrupting investment
The technology is leading to a fundamental shift in the way investors allocate funds and diversify risks across every asset class
Record SpaceX IPO rockets Trill'Elon'aire Musk as stock ends at $161
Despite the excitement, SpaceX remains unprofitable and generates significantly less revenue than several technology companies with comparable market valuations. The listing proceeded without major disruptions, in contrast to some high-profile public offerings of the past. Trading began late on Friday morning and the stock eventually closed at $160.95 per share, giving the company a market capitalisation of approximately $2.1 trillion.
AI Costs Are Rising. Businesses Are Paying The Price.
InnovationAI Costs Are Rising. Businesses Are Paying The Price.ByMartin Taylor,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 12, 2026, 07:45am EDTMartin Taylor is the Cofounder and Deputy CEO of Content Guru. gettyConsumers have already seen the effects of inflation reshape the products and services they use every day. In grocery stores, “shri...
When The Regulator Moves Faster Than The Industry It Regulates
InnovationWhen The Regulator Moves Faster Than The Industry It RegulatesByNagesh Nama,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 12, 2026, 07:30am EDTNagesh Nama, CEO, xLM. Nagesh Nama is a seasoned technology executive with over 30 years of experience in life sciences. gettySomething remarkable happened at a government press conference on...