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The Briefing

Quick reads covering the latest enterprise technology, cybersecurity, cloud, AI, channel and industry developments.

TCS Bets $373 Million on Porsche AI Push

Investments

TCS Bets $373 Million on Porsche AI Push

Tata Consultancy Services (TCS) is set to acquire Porsche AG’s automotive and consulting business MHP at an enterprise value of €320 million, or approximately $373 milli…

2026-08-25 11:48:47

Nvidia Eyes Multibillion-Dollar Perplexity Bet

Breaking News

Nvidia Eyes Multibillion-Dollar Perplexity Bet

Nvidia is reportedly discussing a major investment in Perplexity as part of a new equity round that could value the AI search and agent startup at more than $30 billion, over 50% a…

2026-08-25 11:20:52

NVIDIA Backs India’s Sovereign AI Ambition

Breaking News

NVIDIA Backs India’s Sovereign AI Ambition

India’s AI story is moving beyond software services toward building its own foundational AI infrastructure. The video highlights this shift through NVIDIA’s strategic b…

2026-08-24 17:41:27

Alibaba Rolls Out Wan3.0 AI Video Model

Breaking News

Alibaba Rolls Out Wan3.0 AI Video Model

Alibaba officially rolled out its latest AI video generation model, Wan3.0, on Monday with enhanced capabilities, a day after the Chinese internet giant launched a $10 billion shar…

2026-08-24 17:32:28

FITAM unanimously elects new governing body in Pune

Channel Buzz

FITAM unanimously elects new governing body in Pune

The Maharashtra IT industry body begins its revival process with a new leadership team representing associations from Mumbai, Pune, Nashik, Nagpur and Pimpri-Chinchwad following di…

2026-08-24 16:45:54

ADIB Names First Chief AI Officer

Movers & Shakers

ADIB Names First Chief AI Officer

Abu Dhabi Islamic Bank (ADIB) has appointed Pedro Uria-Recio as its first Chief AI Officer , underscoring how artificial intelligence is moving from an experimental technology to a…

2026-08-24 16:12:57

Colt Data Centre Services Names Quy Nguyen CEO

Movers & Shakers

Colt Data Centre Services Names Quy Nguyen CEO

Colt Data Centre Services announced the appointment of Quy Nguyen as CEO, effective immediately, the company said. Nguyen had served as acting CEO since April 2026, following the r…

2026-08-24 16:03:33