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Vishakha Singh

Amazon’s Cloud Business Grows 18% in Q2 Amid Intensifying AI Competition

Amazon’s Cloud Business Grows 18% in Q2 Amid Intensifying AI Competition

Amazon Web Services (AWS), the cloud computing division of Amazon, reported a solid 18% year-over-year revenue growth in the second quarter of 2025, reaching $30.87 billion. This performance slightly surpassed analysts' expectations of $30.8 billion and underscores the growing reliance on cloud infrastructure in the era of

Apple Stocks Increase Following Good Quarterly Performance Despite Tariff Strains and AI Rivalry

Apple Stocks Increase Following Good Quarterly Performance Despite Tariff Strains and AI Rivalry

Apple Inc. (AAPL.O) saw its shares climb by 2% in premarket trading on Friday, following a robust quarterly earnings report that beat Wall Street expectations. Despite facing mounting global trade tensions and rising competition in the artificial intelligence (AI) sector, Apple delivered its fastest revenue growth since 2021—a

Nippon Steel Reports Annual Loss Despite U.S. Steel Acquisition Expenses

Nippon Steel Reports Annual Loss Despite U.S. Steel Acquisition Expenses

Nippon Steel, Japan's biggest steel producer, has shockingly reduced its full-year financial outlook in a radical change from its previous estimate of a 200 billion yen profit to an annual loss of 40 billion yen ($266 million). The company said it made this downward adjustment primarily due to

Akshay Manorama’s WOLIO raises 2.5M to reinvent how we read

Akshay Manorama’s WOLIO raises 2.5M to reinvent how we read

Bangalore While most startups are using AI to generate content faster, WOLIO is doing something far more radical—it’s making books personal. Founded by Akshay Manorama, WOLIO has raised 2.5M in its angel round to launch a first-of-its-kind AI platform that rewrites books in real time based on

Samsung's Profit Drops Over 50% As Chip Business Collapses—But There Are Glimmers of Hope

Samsung's Profit Drops Over 50% As Chip Business Collapses—But There Are Glimmers of Hope

Samsung Electronics recorded a dramatic drop in its second-quarter operating profit, with numbers falling over 50% from the same period last year. The South Korean electronics giant reported a Q2 operating profit of 4.7 trillion Korean won ($3.38 billion), falling short of analyst forecasts and indicating the severe

OpenAI Opens One of Europe's Biggest AI Data Centers with 100,000 Nvidia Chips

OpenAI Opens One of Europe's Biggest AI Data Centers with 100,000 Nvidia Chips

OpenAI is also greatly scaling its international presence with the unveiling of a huge AI data facility in Norway, its initial Stargate-tagged project in Europe. The ambitious project is a partnership between British tech infrastructure company Nscale and Aker, Norway's largest energy conglomerate, on a 50-50 basis. The

Ford Restores 2025 Outlook Amid $2 Billion Tariff Blow

Ford Restores 2025 Outlook Amid $2 Billion Tariff Blow

Ford Motor Co. restored its full-year financial guidance after having temporarily withdrawn it in May amid uncertainty over U.S. auto tariffs. The company's second-quarter revenue came in better than anticipated, though it recognised a considerable net cost of $2 billion due to tariffs under the Trump administration&