An AI chip boom is redirecting semiconductor supply toward data centres and away from smartphones and PCs, constraining some end markets, Siltronic CEO Michael Heckmeier said on Wednesday. Siltronic, which makes silicon wafers used in semiconductors, raised its annual sales forecast for the second time…
Category: Tech
AI shopping agents could threaten Amazon and Walmart’s ad business – CNBC TV18
The rise of AI-led shopping is posing a challenge for retailers such as Walmart and Amazon: how to allow AI agents to shop on their websites without threatening their lucrative advertising revenue and the customer data that supports it. Retail giants Walmart and Amazon are…
ShareChat parent Mohalla Tech posts 40% revenue growth to ₹1,016 crore, QuickTV leads the charge – CNBC TV18
Homegrown social media giant ShareChat’s parent company Mohalla Tech has reported a 40% increase in operating revenue ₹1,016 crore on a year on year basis. QuickTV, the company’s newest microdrama led offering, largely led growth for FY26. In less than a year of QuickTv’s launch,…
Canva announces job cuts affecting 22% of its workforce – CNBC TV18
Graphic design platform Canva is restructuring its business as it looks to adapt to changes in the technology industry. The move will affect 1,271 employees, or around 22% of its workforce and includes job cuts, changes in roles and relocation requirements. Co-founder and CEO Melanie…
‘Ram Altman’: Not a Diwali treat, but a memory crisis row as OpenAI CEO renames himself on X – CNBC TV18
OpenAI CEO Sam Altman has changed his display name on X to “Ram Altman” after a backlash over his remarks on computer memory. Indian users have turned the name into a Diwali meme, posting “Happy Diwali” wishes that play on the reference to Lord Ram.…
AI boosts productivity, but only 1 in 10 executives trust it to act autonomously: TCS study – CNBC TV18
While 84% of global enterprise executives rank productivity gains as the primary value driver from artificial intelligence investments, only 10% currently permit AI agents to execute decisions without human sign-off across business units, according to a 25-country study by Tata Consultancy Services (TCS) released on…
Binance security incident explained: What latest report says about attack and recovery – CNBC TV18
Binance has disclosed details of a major security incident on October 29, 2026, in which approximately $6.34 billion in digital assets were impacted. The cryptocurrency exchange said attackers gained unauthorised access to its internal wallet signing infrastructure and used it to transfer assets outside the…
US midterms could increase risk of state-level data centre curbs, says JPMorgan’s Jahangir Aziz – CNBC TV18
The US midterm elections could have implications for the country’s artificial intelligence (AI) infrastructure expansion, with the possibility of more state-level restrictions on data centre construction if Democrats gain control of more state governorships, according to Jahangir Aziz, Co-Head of Macroeconomic Research at JPMorgan. However,…
Schools that ban AI tools may lose access to Google Search: Report – CNBC TV18
Google is changing how its search and artificial intelligence (AI) tools work in schools, giving administrators a choice over whether students can use AI features. But the decision comes with a condition: schools that choose to block AI entirely will also lose access to Google…
AI Watch: Meta investments, CrowdStrike’s new security tool and Sarvam’s latest model – CNBC TV18
TagsAI technologyAMDartificial intelligence AIdata centresJob cutslayoffsMetaAI Watch: Meta investments, CrowdStrike’s new security tool and Sarvam’s latest modelA quick look at the latest AI developments, from Meta’s growing AI investments and new security tools to Sarvam’s latest model launch.Edited by : cnbctv18adminFirst Published: Nov 4, 2026…