SANTA CLARA, Calif., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Agora (NASDAQ: API), a global leader in real-time engagement and conversational AI technologies, and FPT, Vietnam’s leading IT services and digital transformation company, today announced a strategic partnership to expand artificial intelligence (AI) adoption across Southeast Asia’s banking and financial services sector. The collaboration will combine Agora’s real-time engagement and conversational AI capabilities with FPT’s regional footprint and enter ...

In today’s CEO Daily: Diane Brady on what keeps a “Ghost GDP” scenario from becoming reality. The big leadership story: There may be a Ghost in the future economy, but for now there’s ‘betrayal,’ says KPMG’s top economist. The markets: European markets drop as Trump’s tariffs take effect at 10%. Plus: All the news and watercooler chat from Fortune. Good morning. What’s the prognosis for the economy if AI turns out to be fantastic for profits and disastrous for demand? That’s the scenario explored in ...

With Tuesday’s 6% decline, the Nifty IT index has plunged over 21% in February alone, marking its worst monthly fall since the 2008 global financial crisis, according to an ET report. The trigger this time is not only macroeconomic weakness but also concerns about potential disruption to traditional IT services.Anxiety intensified after AI startup Anthropic said its Claude tool can help streamline COBOL code, raising fears over long-standing revenue streams for technology companies. The announcement sent sh ...

Concerns escalated after AI startup Anthropic said its Claude tool can help streamline COBOL code, raising fears of disruption to long-standing revenue streams for technology companies. The announcement sent ripples through global tech stocks. To put things into perspective, shares of IBM plunged 13% overnight, marking the company’s worst single-day selloff in about 25 years.In today’s session, IT stocks tumbled up to 8%. Tech Mahindra, Following the historic correction, the Nifty IT index now trades at an ...

Core Insights - Kyndryl and the University of Liverpool are collaborating to develop next-generation healthcare technologies using AI, specifically through Kyndryl's Agentic AI Framework and the University's research expertise [1] - The initiative aims to enhance patient interaction and healthcare services, particularly for underserved populations, by creating AI-driven solutions such as conversational AI services [1] - The collaboration aligns with the Liverpool City Region's Life Sciences Innovation Zone, positioning the area as a hub for health and life sciences innovation [1] Group 1: Collaboration Details - The partnership will co-develop blueprints for healthcare technologies, focusing on AI projects that improve patient experiences [1] - Phase one of the collaboration will evaluate conceptual AI projects aimed at enhancing patient interaction and healthcare service utilization [1] - The projects will utilize population health datasets and testbed environments to create a library of innovation-ready models [1] Group 2: Impact and Goals - The collaboration seeks to address significant health disparities in the Liverpool area, where life expectancy can differ by up to 15 years between affluent and disadvantaged communities [1] - The initiative aims to provide more preventive and personalized care while effectively targeting resources to assist vulnerable populations [1] - Kyndryl's AI innovation lab, launched in May 2025, will play a crucial role in developing solutions for real-world health challenges [1] Group 3: Institutional Background - Kyndryl is a leading provider of mission-critical enterprise technology services, operating in over 60 countries [1] - The University of Liverpool is a prominent research-intensive institution with an annual turnover of £708.3 million and a research income of £163.1 million [1] - The University is ranked among the top 150 universities globally and is a member of the Russell Group, reflecting its significant academic influence [1]

Group 1 - Cognizant has been selected by a major commercial vehicle manufacturer to transform and modernize its global workplace services through a multi-year partnership focused on AI and automation [1] - The initiative will utilize Cognizant WorkNEXT™, an AI-powered digital platform designed to enhance workplace operations and user experience across global factories and offices [1] - The CEO of Cognizant emphasized the importance of applying AI, automation, human-centric design, and responsible governance to create a resilient and future-ready environment for the workforce [1] Group 2 - The partnership aims to improve efficiency, adaptability, and user satisfaction within the operations of the commercial vehicle manufacturer [1] - Cognizant's approach includes building adaptive, integrated, and human-centric workplaces that balance AI-driven automation with high-touch support [1] - The collaboration reflects Cognizant's commitment to helping clients modernize technology and transform experiences in a rapidly changing business landscape [1]

Amnish Aggarwal from Prabhudas Lilladher, noted the volatility in trade relations with the US. “The situation of your trade parameters with the US remains very volatile. Now, we have got some interim arrangement, but as we have seen over the last one year, nothing can be said with certainty because this is not only the India problem, this is a bit of a geopolitical problem as far as your tariffs are concerned. At this point, I would be very cautious on how the deal with the US will pan out. Something like, ...

Indian stock markets face a sharp decline as Sensex and Nifty slump due to IT stock selloffs amid rising AI disruption fears and renewed global trade concerns.Illustration: Dominic Xavier/RediffKey PointsIndian stock market indices Sensex and Nifty fell sharply due to a selloff in IT stocks, fueled by fears of AI-led disruption.Rising crude oil prices and renewed global trade concerns, particularly related to US President Trump's tariff policies, contributed to the negative market sentiment.IT stocks like E ...

Equity benchmark indices Sensex and Nifty slumped nearly 1% in early trade on Tuesday (February 24, 2026), dragged down by a sharp selloff in IT stocks amid rising fears of AI-led disruption.Besides, rising crude oil prices and renewed concerns over global trade after U.S. President Donald Trump’s latest tariff remarks also weighed on investors’ sentiment, traders said.The 30-share BSE Sensex tanked 813.13 points, or 0.97%, to 82,481.53 in early deals.The 50-share NSE Nifty declined 230.15 points, or 0.89% ...

AIPress.com.cn报道 2月24日消息，IBM周一收盘暴跌13.15%，报223.35美元，创下自2000年10月以来最大单日跌幅。 | USD | IBM International Business Machines.. | | | --- | --- | --- | | | At close: 223.55 -33.81 (-13.15%) | | | 256.00 | | | | 254.00 | | | | 252.00 | | | | 250.00 | | | | 248.00 | | | | 246.00 | | | | 244.00 | | | | 242.00 | | | | 240.00 | | | | 238.00 | | | | 236.00 | | | | 234.00 | | | | 232.00 | | | | 230.00 | | | | 228.00 | | | | 226.00 | | | | 00100 | | 223 55 | 2月份累计跌幅已达27%，若维持至月末，将成为至少自1968年以来最大单月跌幅。 触发因素来自，Anthropic宣布其Claude ...