New Delhi, July 15 (IANS) US-based technology giant IBM’s Chairman and CEO Arvind Krishna has admitted that the company underestimated the scale of customers’ shift in spending towards artificial intelligence (AI) infrastructure and failed to adapt quickly enough, saying we faltered in the second quarter as the trend weighed on its revenue.In a letter to investors released alongside selected preliminary second-quarter results, Krishna said IBM had expected some supply chain-related disruption bu…
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New Delhi, May 8 (IANS) Alphabet-owned Google is exploring fresh investments in India focused on artificial intelligence (AI) infrastructure and the local manufacturing of servers and drones, Union Minister Ashwini Vaishnaw said on Friday.Sharing details of his meeting with Google executives on social media platform X, Vaishnaw said the company is evaluating opportunities across AI infrastructure development as well as electronics manufacturing in India.“Google is exploring investments in Indi…
