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• Meta to share AI infrastructure costs via $2 billion asset sale

  The social media giant said earlier this week that it was exploring ways to work with financial partners to co-develop data centers to help finance its massive capital outlay for next year.

  

• India needs to develop more data center cities: CtrlS’ Vipin Jain

  A boom in AI, fifth-generation (5G) network densification, the Internet of Things (IoT), and cloud computing, along with surging computing demands in other sectors, has fuelled CtrlS, Sify Technologies, ST Telemedia, Yotta Data Services, Nxtra by Airtel, ESDS, Equinix and others to set up data centers of various capacities.

  

• Understanding and mitigating agentic AI risks

  Agentic AI presents transformative potential alongside significant risks, demanding a shift in risk management. Traditional frameworks are inadequate for autonomous AI agents operating in complex environments. Security, compliance, ethical, operational, and reputational risks necessitate proactive mitigation strategies. Enhanced observability, robust testing, and human oversight are crucial for responsible AI deployment and safeguarding operations.

  

• AI and gaming: The next frontier of immersive experiences in mobile gaming

  Artificial Intelligence is revolutionizing India's mobile gaming sector, currently valued at $3.02 billion and projected to reach $11 billion by 2033. AI enhances user engagement through personalized experiences, optimizes game development by automating tasks and accelerates asset creation. Despite challenges like skill gaps and costs, AI's integration promises more immersive and dynamic gaming experiences.

  

• Poonawalla fincorp deploys 4 AI solutions in operations and finance

  Poonawalla Fincorp Limited has deployed four AI-led solutions, including an Agentic AI solution and three AI-powered systems, to enhance speed, precision, and scalability across key business functions. These solutions focus on data quality, infrastructure management, financial intelligence, and invoice processing. This initiative reflects PFL's commitment to embedding AI into its operations for faster decisions and improved outcomes.

  

• Tim Cook says Apple acquired over half a dozen AI companies this year, and is "very open" to buy even more

  Apple is significantly increasing its investments in artificial intelligence and is open to acquisitions to accelerate its AI roadmap, signaling a strategic shift to catch up with rivals. The company has already acquired about seven companies this year and is reallocating resources to focus on AI features.

  

• Microsoft races past $4 trillion valuation after solid results

  "It is in the process of becoming more of a cloud infrastructure business and a leader in enterprise AI, doing so very profitably and cash generatively despite the heavy AI capital expenditures," said Gerrit Smit, lead portfolio manager, Stonehage Fleming Global Best Ideas Equity Fund.

  

• Amazon cloud computing results fail to impress, shares dive

  AWS profit margins also contracted. Amazon said they were 32.9% in the second quarter, down from 39.5% in this year's first quarter and 35.5% a year ago. The second-quarter margin results were at their lowest level since the final quarter of 2023.

  

• Big Tech may be breaking the bank for AI, but investors love it

  The upbeat commentary also bodes well for Amazon.com , the largest US cloud provider, which will report earnings on Thursday after markets close, and underscores how surging demand for the new technology is shielding the tech giants from tariff-driven economic uncertainty hobbling other sectors.

  

• Apple's Q3 2025 report card: Record iPhone growth, services hit new highs, and AI spending ramps up

  Apple reported a record June quarter with $94 billion in revenue, driven by strong iPhone 16 sales and services growth. The iPhone business saw exceptional results, shipping its 3 billionth unit, while Mac revenue also impressed. Despite iPad and wearables facing tough comparisons, Apple's services division reached new heights, fueled by the App Store and Apple TV+.

  

• Fuelling AI innovations: The blueprint for effective cloud migration

  Businesses with legacy systems face innovation challenges in the AI era, making cloud migration essential for growth. A successful migration requires a strategic approach, prioritizing business value and data governance. Embracing a 'shared destiny' security model and choosing a flexible data platform are crucial for long-term success and adaptability.

  

• Bengaluru techie held for Rs 379 crore crypto theft in his company

  Bengaluru police have arrested Rahul Agarwal, a CoinDCX software engineer, in connection with a Rs 379 crore cryptocurrency theft. Hackers allegedly exploited his login credentials to compromise confidential financial processes. An internal investigation revealed that Agarwal's laptop security was breached, enabling the unauthorized transfer of $44 million to multiple wallets.

  

• Quantum tech players leaving Pune will be welcomed to Bengaluru: Shivakumar

  "We are ready to provide whatever they need," Deputy CM Shivakumar told reporters on the sidelines of the inaugural event of the Quantum India Bengaluru 2025 being held in Bengaluru.

  

• Salesforce CEO Marc Benioff says: I keep asking CEOs, what AI are they using for these big layoffs

  Salesforce CEO Marc Benioff disputes predictions of AI-driven job losses, asserting that AI primarily enhances human capabilities, despite Salesforce's own automation initiatives. He highlights AI's accuracy limitations, emphasizing the ongoing necessity of human oversight for fact-checking and strategic decision-making. Benioff anticipates AI will fuel a surge in small business creation by democratizing access to enterprise-level tools.

  

• IOB blames Infosys for NetBanking lapse, reverts to its old system

  Indian Overseas Bank reportedly experienced major internet banking lapses after rolling out a new platform. In a recent update to customers, the bank cited technical failures by its vendor, Edgeverve (Infosys' subsidiary), and its inability to solve the issues promptly as the reason for shifting back to the old platform.

  

• Big Tech may be breaking the bank for AI, but investors love it

  AI played a bigger role in driving demand across internet search, digital advertising and cloud computing in the April-June quarter, powering revenue growth at technology giants Microsoft, Meta, and Alphabet.

  

• IT firms pivot from mass fresher hires to specialised talent signups

  While base salaries for bulk hires remain largely flat, in the Rs 2.8-3.6 lakh per year range, freshers being hired for specialised skills are drawing up to Rs 12-15 lakh a year, according to data from recruitment firms like Adecco, Quess and NLB Services.

  

• 40 jobs at risk of replacement by AI tools like Copilot: Microsoft report

  A recent Microsoft study suggests that AI is likely to replace 40 jobs such as those of translators, writers, and customer service workers. These roles involve tasks that AI tools can now perform. While the study does not estimate job loss, it signals major changes ahead and calls for worker adaptability.

  

• Five in 10 GCCs planning to increase workforce: Report

  Indian GCCs are poised for talent expansion in 2025, with half planning workforce increases. Early career talent remains the focus, but rising churn necessitates internal mobility strategies. While Tier 1 cities dominate hiring, a growing interest exists in Tier 2 and 3 locations, and AI adoption in recruitment is on the rise.

  

• KPIT bets on AI-led mobility to fuel growth; partners with JSW Motors for SDVs

  The Pune-based engineering and software integration firm is intensifying its focus on AI integration, with more than 75% of ongoing programmes incorporating AI-driven applications such as ADAS, vehicle diagnostics, testing and simulation.