Tag: TECH
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Q3 FY25 Results Preview: Indian IT Sector’s Expected Performance Insights
The Indian IT sector is preparing for Q3 FY25 earnings, with TCS leading on January 9. Analysts expect mild growth in major players, but tier-2 firms may outperform. Revenue results may be influenced by seasonal furloughs and macroeconomic factors, with forecasts indicating stable margins despite wage hikes. The Indian IT sector is poised for earnings…
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Chinese AI Firms Increase Advertising Spending in Competitive Landscape
Chinese AI firms, including Alibaba and ByteDance, collectively invested $70.2 million in advertising generative AI products in Q3. The spending, analyzed by AppGrowing, raises concerns about prioritizing marketing over fundamental research and the potential impact on competitiveness with the U.S. AI sector. Recent analysis reveals that Chinese artificial intelligence firms are significantly increasing their advertising…