All articles by Swagath Bandhakavi
Swagath Bandhakavi
Google allocates $500m for compliance overhaul amid antitrust settlement
Shareholders, including two Michigan pension funds, accused Alphabet’s executives of breaching fiduciary duties by exposing the company to antitrust liabilities.
France offers €410m for Atos’ Advanced Computing unit, excludes Vision AI operations
The Advanced Computing division, encompassing high-performance and quantum computing sectors, is projected to generate around €800m in revenue this year.
US jury sides with Intel in dispute over VLSI patent licensing rights
The decision stems from a 2012 licensing agreement between Intel and Finjan, which the former argued extends to VLSI due to both firms being under the control of Fortress.
Dell Technologies boosts annual profit expectations amid AI server surge
In the first quarter ending on 2 May, Dell reported adjusted earnings of $1.55 per share, with revenue reaching $23.38bn
AI chip demand drives Synopsys’ Q3 revenue forecast beyond expectations
The company’s stock rose 3.8% in after-hours trading, despite reports of a Trump administration directive for US chip software firms to stop sales to Chinese firms.
OpenAI restructuring may lead to future IPO, says CFO
At the Dublin Tech Summit, CFO Sarah Friar outlined OpenAI’s restructuring to transform its for-profit division into a public benefit corporation, aiming to balance shareholder returns with social objectives.
97% of CISOs prioritise Zero Trust strategies amid escalating cyber threats, study finds
A Wipro survey of over 100 global cybersecurity leaders and consultants also revealed that 30% of respondents prioritised AI automation to enhance cybersecurity operations and lower costs.
Soitec adjusts financial strategy amid slump in semiconductor demand
The company has ceased offering guidance for fiscal year 2026 and its medium-term goals, which previously aimed for a $2bn revenue target.
Grok AI blocked by 25% of European organisations amid privacy concerns
New research from Netskope has found that Grok AI, Stable Diffusion and NotebookLM face blanket bans by companies in Europe amid privacy and licensing concerns.
Capgemini unveils new Gen AI-powered offerings for industries with data restrictions
The initiative leverages Mistral AI’s GenAI models and SAP’s Business Technology Platform to create accessible business AI applications with a focus on reducing carbon emissions.