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Meta Plans Sweeping Layoffs As AI Costs Climb — Reuters
Meta plans sweeping layoffs amid rising AI costs
News Feed

Meta Plans Sweeping Layoffs As AI Costs Climb — Reuters

3/16/2026 2 min read
Oracle plans thousands of job cuts as AI costs bite
Oracle plans thousands of job cuts as AI costs rise
Employers

Oracle plans thousands of job cuts as AI costs bite

3/12/2026 2 min read
Atlassian to Cut 10% of Staff to Accelerate AI Strategy
Atlassian cuts 10% of staff as it shifts focus to AI
Employers

Atlassian to Cut 10% of Staff to Accelerate AI Strategy

3/12/2026 2 min read
Forward-Deployed Engineers Are AI’s Hottest Hire
Forward-deployed engineers are AI’s hottest hire
Layoff

Forward-Deployed Engineers Are AI’s Hottest Hire

3/3/2026 2 min read
Yotta to Spend $2B on Nvidia Chips for India AI Hub
Yotta invests $2B in Nvidia chips for India AI hub
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Yotta to Spend $2B on Nvidia Chips for India AI Hub

2/18/2026 2 min read
Pinterest Sinks on Weak Q1 Outlook After AI-Focused Layoffs
Pinterest stock drops on weak Q1 outlook after AI-related layoffs
Employers

Pinterest Sinks on Weak Q1 Outlook After AI-Focused Layoffs

2/13/2026 2 min read
Big Tech pours billions into India’s AI buildout
,Big tech companies bet on India to lead in AI supremacy
News Feed

Big Tech pours billions into India’s AI buildout

2/10/2026 2 min read
Fractal sets Feb 9–11 dates for ₹2,834 crore AI IPO
Key Dates And Size The three-day bookbuild runs from February 9 to February 11, 2026, after an anchor allotment on February 6, 2026. The company has set a price band of ₹857–₹900 per share and now aims to raise about ₹2,833.9 crore, comprising a fresh issue of approximately ₹1,023.5 crore and an offer-for-sale of about ₹1,810.4 crore. Fractal has trimmed the offer size to ₹2,834 crore from the ₹4,900 crore indicated in its draft filing last year. A tentative listing is targeted for February 16, 2026, subject to customary approvals and timelines. Why It Matters The offering would mark a milestone for India’s capital markets: the first domestic listing of a pure-play enterprise AI firm at scale. At the top of the price band, Reuters’ calculations peg Fractal’s implied equity value near ₹14,450 crore (about $1.6 billion). The float lands as investment bankers expect 2026 to be an active year for Indian primary markets despite uneven risk appetite. For investors, the deal offers a high-profile way to bet on enterprise AI adoption across sectors such as consumer goods, retail, healthcare and financial services. What To Watch Proceeds from the fresh issue are earmarked to strengthen operations, including repaying debt at the company’s U.S. subsidiary, expanding office space in India, and funding research and development with an emphasis on generative AI. Demand across institutional tranches will be closely watched, as will pricing outcomes within the band. If timelines hold, shares are expected to debut on Indian exchanges on or about February 16, 2026. Sources India's first AI IPO: Fractal Analytics announces dates for Rs 2,834 crore public issue — The Economic Times (February 4, 2026) Fractal Analytics sets IPO price band, eyes ₹14,450 crore valuation — Reuters (February 4, 2026) India’s First AI Unicorn Fractal Files for $560 Million IPO — Bloomberg (August 12, 2025) Investor Relations | Financial Results & Reports | Fractal Analytics — Fractal Analytics (accessed February 7, 2026)
News Feed

Fractal sets Feb 9–11 dates for ₹2,834 crore AI IPO

2/6/2026 2 min read
Amazon to Cut 16,000 Corporate Jobs in Second Big Round
Amazon to cut 16,000 more corporate jobs
Employers

Amazon to Cut 16,000 Corporate Jobs in Second Big Round

2/6/2026 1 min read
Pinterest to Cut Under 15% of Jobs in AI-Focused Overhaul
Pinterest cuts under 15% of jobs as it pivots to AI
Employers

Pinterest to Cut Under 15% of Jobs in AI-Focused Overhaul

2/6/2026 2 min read
TCS edges past revenue forecast as AI revives North America
TCS revenue beats expectations with AI growth and North America rebound in Q3
News Feed

TCS edges past revenue forecast as AI revives North America

1/12/2026 2 min read
U.S. Tightens Limits on Investment in Chinese Tech
US tightens limits on investment in Chinese technology companies
News Feed

U.S. Tightens Limits on Investment in Chinese Tech

1/12/2026 2 min read
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