Worldwide end-user spending on AI models and platforms is projected to total $64 billion in 2026, up 63.4% from $39 billion in 2025, according to Gartner, Inc., a business and technology insights
Microsoft has announced a significant corporate restructuring, reducing its global workforce by approximately 2.1 percent with the elimination of nearly 4,800 jobs. The layoffs primarily impact the company’s commercial operations and its
The technology sector continues to experience significant workforce volatility as major corporations aggressively pivot toward artificial intelligence. In the latest string of structural adjustments, Google has quietly implemented job cuts within its
Neo4j, the world’s leading graph intelligence platform, today announced an agreement to acquire GraphAware, an intelligence analysis software company for government agencies. The acquisition will launch a new generation of AI-powered, graph
Worldwide spending on AI is forecast to total $2.59 trillion in 2026, a 47% increase year-over-year, according to Gartner, Inc. a business and technology insights company. “Through the next several years, the
Among organizations piloting or deploying autonomous business capabilities, approximately 80% report workforce reductions, according to a survey by Gartner, Inc., a business and technology insights company. However, those reductions do not appear
Atlassian Corporation, a leading provider of team collaboration and productivity software, today released its latest research report, the State of Teams 2026, revealing that as AI accelerates individual execution, team coordination is
In a significant move reflecting the changing landscape of the global tech industry, Oracle has reportedly initiated a major restructuring phase, resulting in the layoff of approximately 12,000 employees from its Indian
NTT DATA, a global leader in AI, digital business and technology services, today released its new report, Cloud-led innovation in the era of AI: The new rules for driving value with cloud,
Meta Platforms has announced a fresh round of job cuts, affecting approximately 700 employees across various departments. This latest workforce reduction comes as the social media giant aggressively reallocates its financial and
According to Forrester’s Asia Pacific Tech Market Forecast, 2026 To 2030, India’s tech spending will grow at 13.4% in 2026, down slightly from 13.7% in 2025. As Asia Pacific’s fastest-growing market, the
