Seoul, April 21 (IANS) Internet giant Naver said it has signed a memorandum of understanding (MOU) with the information technology (IT) arm of Tata Group to explore business opportunities in India.The agreement with Tata Consultancy Services (TCS) was signed during a South Korea-India business forum hosted by the Federation of Korean Industries in New Delhi, attended by South Korean Industry Minister Kim Jung-kwan, Naver Chief Executive Officer (CEO) Choi Soo-yeon, Commerce and Industry Minister…
Latest Cloud News & Updates
New Delhi, April 19 (IANS) Global technology firms accelerated job cuts in the first quarter of 2026, with over 73,200 layoffs by 95 companies, according to industry data.The data from Layoffs.fyi showed that the past two weeks saw a fresh surge in headcount reductions. Snap Inc., The Walt Disney Company, Meta Platforms and Oracle Corporation, announced layoffs recently as firms streamline operations to cut costs and shift resources toward artificial intelligence.Social media platform Snap Inc. …
New Delhi, March 27 (IANS) AI is increasing cloud dependency, yet investment levels are not aligned as only 14 per cent of organisations reached the highest level of cloud maturity despite nearly two decades of cloud adoption, a report said on Friday.The report from NTT DATA said that 99 per cent of organisations feel AI is increasing demand for cloud investment, yet 88 per cent felt current cloud investment levels are putting AI, cloud‑native and modernisation initiatives at risk.The findings…
New Delhi, Feb 5 (IANS) Alphabet and Google CEO Sundar Pichai has said that the company’s annual revenues exceeded $400 billion for the first time, with Gemini AI app reaching over 750 million monthly active users.In the company’s quarterly earnings call, Pichai said they have sold more than 8 million paid seats of Gemini Enterprise launched just four months ago. In addition, “We are also seeing significantly higher engagement per user especially since the launch of Gemini 3 in December. O…
New Delhi, Dec 23 (IANS) The data centre installed capacity in India is projected to grow from about 1.5 gigawatts currently to nearly 14 gigawatts by 2035, at an annual growth rate between 20-24 per cent, a report showed on Tuesday.The growth in data centre industry mirrors the growth trajectory of the digital economy which already contributes $402 billion or 11.74 per cent of the GDP (FY 2022-23) and is expected to account for around 20 per cent of national income, surpassing agriculture and m…