Microsoft has scaled back its data centre expansion efforts across multiple regions, signalling a reassessment of its infrastructure investments amid evolving demand for artificial intelligence (AI) and cloud services. The technology giant has either delayed or withdrawn from projects in locations including the United Kingdom, Australia, Indonesia, and several sites in the United States, reported…
Top-tier IT services provider Wipro Ltd bagged a mega deal worth 500 million pounds from Phoenix Group—the UK’s largest long-term savings and retirement business. The 10-year strategic project is designed to deliver life and pension business administration for the ReAssure business and accelerate Phoenix Group’s operational transformation. In the IT industry, mega deals are large-scale,…
Alibaba Group Holding Ltd. has unveiled new benchmark scores for its latest artificial intelligence model, Qwen 2.5 Max, positioning it as a top contender in the global AI race. According to figures shared by Alibaba Cloud via WeChat, the upgraded model outperformed Meta Platforms Inc.’s Llama and DeepSeek’s V3 model in a variety of tests….
