AI ENGINEERING AND INNOVATION CENTER
'We are all humans': Staff seek Nvidia CEO's return
Following Jensen Huang's abrupt resignation as CEO of Nvidia amid allegations of extramarital affairs, employees have rallied to reinstate him, citing his significant contributions to the company's success in AI technology. The board's decision has faced scrutiny, with many advocating for transparency and suggesting any resignation should have awaited the conclusion of investigations.
Simplify Alpha™ opens AI engineering and innovation center in Hyderabad, joined by Simplify Healthcare® and SimplifyX™
Hyderabad joins Pune and Mumbai as the third India location for the Simplify Group™ companies, adding capacity for customer delivery and growth.
China's $3 billion-plus pipeline of Nvidia-powered AI data centres
A Reuters review has identified more than $3 billion worth of Chinese computing projects built around Nvidia's restricted AI processors, highlighting the US chipmaker's continued presence in China's AI infrastructure despite export controls. The findings expose Chinese developers' reliance on US technology and the risks of supply disruptions as Washington tightens restrictions.
Internet reacts to Jensen Huang’s Nvidia exit with tributes and criticism of the board
The resignation came after Huang admitted to an affair that raised national security concerns, the company said Thursday. Huang had faced growing calls to quit over his relationship with Alice Huang, a former Megaspeed executive whom US intelligence agencies reportedly suspect of working for Beijing. The New York Times also reported a second affair, with an Nvidia executive who reported to him. CFO Colette Kress was named interim CEO. The company's shares plunged after the announcement.
ET AI Awards 2027 are here: Discover if your AI innovation is ready for the spotlight of a national stage!
Celebrating the future of technology, the ET AI Awards 2027 acknowledges key innovations and leadership in AI from various industries in India. With an impressive array of over 40 categories, these awards emphasize the importance of AI developments by startups, SMEs, and large enterprises, offering a valuable stage for recognizing their contributions to the AI ecosystem.
Nvidia board meets to decide CEO Jensen Huang's future, source says
Nvidia's board is meeting to discuss whether to remove CEO Jensen Huang amid reports of two alleged extramarital affairs involving the longtime leader. The possibility of a leadership change has raised concerns among investors and market experts about the company's succession plans, future AI strategy, China business and its position in the global artificial intelligence industry. Here is what market experts are saying about the potential impact on Nvidia and the broader AI sector.
CoreWeave beats quarterly revenue estimates as AI demand defies growing doubts
CoreWeave reported revenue of $3.66 billion for the third quarter ended September, up from $1.37 billion a year earlier, compared with analysts' average estimate of $3.55 billion, according to data compiled by LSEG.
Microsoft presses Trump to scuttle expected ban on Chinese data center technology: Report
Microsoft is lobbying against a proposed ban on Chinese optical transceivers essential for artificial intelligence data centers. The Trump administration's decision could significantly impact the speed of data center development in the US. Industry groups have expressed concerns about potential supply chain disruptions and competitive disadvantages. The Federal Communications Commission is currently deliberating on the implications of this ban.
Microsoft presses President Trump to scuttle expected ban on Chinese data centre technology
Reuters reported in August that the Trump administration wants to ban US imports of new models of Chinese optical transceivers, which allow data to travel over fiber-optic cables at the speed of light within data centers. The concern is that they could be used by Beijing to steal data, install malware or disrupt service at US data centers.
AI innovation in sports: Technology driving the next phase of sports development
Artificial intelligence is creating new opportunities across the sports ecosystem, from performance analysis and sports administration to technology development and wider participation. The ET AI Awards 2027 recognises organisations, technology providers and initiatives advancing the application of AI in sports through its AI Innovation in Sports category.
Wall St brokerages say AI selloff overdone, downplay Democrat regulation risks
Wall Street brokerages including Morgan Stanley and UBS called last week's rout in the AI trade overdone, arguing that the risks of extreme regulation of data center developments under a Democrat-controlled Congress are unlikely to play out.
Disney, Adobe to co-develop custom AI models tailored for media giant
The move, announced Monday, will start with speeding up project development timelines at Disney's Experiences division, home to its global theme parks, resorts and cruise lines, and for concept exploration at StudioLAB, the innovation hub within Walt Disney Studios.
Enterprise data intelligence platform SplashBI opens GCC in Hyderabad, to invest over $100 million
The company plans to invest over $100 million over the next five to seven years in infrastructure, technology and talent to scale the Hyderabad centre and strengthen its global product engineering and delivery capabilities, a release said.
Banks, investors grow wary of AI debt, spooked by market selloff
Some banks, which just a few weeks ago were lining up to fund AI deals, are now telling market participants they would be reluctant to finance additional deals even when they involve guarantees from the sector's marquee technology companies, according to several banking and credit sources.
Anthropic strikes $3.4bn deal to generate gas-fired power for data centres: Report
The AI startup bought commitments for 1.7 gigawatts of heavy-duty generators for $3.4 billion in late September from OnePWR Solutions, a San Antonio, Texas-based equipment supplier, the report said.
Environmental groups embrace AI, even as they warn of data center impacts
Environmental organisations are increasingly leveraging artificial intelligence to enhance conservation efforts and analyze ecological data. Many express concerns about the environmental impact caused by data centers that support AI technologies. The energy and water consumption of these centers is projected to double by 2030, raising emissions concerns.
OpenAI kicks off charm offensive to change voters' view of data centers
Stunning victories by Democrats in US midterm elections this week have been interpreted by many as Americans repudiating tech industry plans to build data centers across the country.
HCLTech launches AI agents to automate enterprise mainframe operations
HCLTech has introduced an innovative AI-driven operations solution designed to help companies upgrade their mainframe systems. This advanced offering focuses on boosting operational efficiency and meeting the urgent need for modernization. By combining cutting-edge AI agents with professional human oversight, HCLTech aims to optimize the management of vital systems, embodying a forward-thinking strategy for operational intelligence and system management.
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