Clearwater Analytics has agreed to acquire Enfusion in a $1.5 billion cash-and-stock deal as the financial software maker looks to bolster its international presence and enter the hedge fund industry.
Shares of HCLTech plunged nearly 10% on Tuesday, set for their worst session since September 2015, after India’s No. 3 software services provider missed quarterly revenue estimates and raised only the lower end of its full-year sales outlook.
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Taiwan Semiconductor Manufacturing Co, the main global producer of advanced chips used in artificial intelligence applications, is expected to report a 58% leap in fourth-quarter profit on Thursday because of surging demand.
MANTRA, a blockchain platform focused on real-world assets (RWAs), has signed a deal with Dubai developer DAMAC Group to tokenise assets in the Middle East worth at least $1 billion, the two firms said on Thursday.
Samsung Electronics, the world’s top memory chip maker, is expected to forecast on Wednesday its profit growth continued to slow in the fourth quarter as it struggled to keep up with Nvidia’s strong demand for AI chips.
The term “a decade of national renewal” is one we’re hearing consistently from voices across Westminster, and that sentiment is certainly influencing the emerging 2025 programme from UKREiff, The UK’s Real Estate Investment and Infrastructure Forum
Microsoft is planning to invest about $80 billion in fiscal 2025 on developing data centers to train artificial intelligence (AI) models and deploy AI and cloud-based applications, the company said in a blog post on Friday.
OpenAI on Friday outlined plans to revamp its structure, saying it would create a public benefit corporation to make it easier to "raise more capital than we’d imagined," and remove the restrictions imposed on the startup by its current nonprofit parent.
Accenture beat Wall Street estimates for first-quarter revenue and profit on Thursday, on the back of growing demand for its services to help clients adopt AI-powered tools, sending its shares up 6.5% in early trading.
KKR extended on Thursday its tender offer period for Fuji Soft to Jan. 9 as it battles rival U.S. private equity firm Bain Capital for control of the Japanese software maker.
With compensation models that incentivise ethical performance, companies can secure the right leadership and establish a foundation for long-term stability