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McDonald’s to increase AI investment by 2027

McDonald’s to heavily invest in AI by 2027, focusing on India as a key hub for innovation and technology

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McDonald’s to heavily invest in AI by 2027, focusing on India as a key hub for innovation and technology

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In Short:
– McDonald’s plans to boost AI investment by 2027 and centralise operations in India.
– The company is enhancing its AI team while developing a global app and considering a new office in Poland.
McDonald’s plans to significantly increase its investment in artificial intelligence by 2027.
According to Reuters, the company aims to establish India as a central hub for data governance, engineering, and platform architecture.The fast-food chain, which launched in India in 1996, has opened hundreds of restaurants and recently established a global office in Hyderabad, intending to make it a key location outside the United States.

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Deshant Kaila, head of Global Business Services operations, stated that it is challenging to determine the exact investment amount at this stage.

McDonald’s is already implementing AI technology to improve order verification at 400 locations and plans to expand this to 40,000 restaurants worldwide by 2027.

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The company is also leveraging AI for sales forecasting, pricing decisions, and product assessments, alongside developing a personalised app for global use.

The initiative in India will focus on enhancing its AI team, prioritising technology spending over workforce expansion.

McDonald’s is considering establishing another global office in Poland, similar to those in India and Mexico.

The Telangana state government recently announced the opening of a global capability center in Hyderabad, which will create 2,000 jobs.


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Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Tech

Nvidia and Amazon explore massive OpenAI funding round

Nvidia CEO downplays $100B OpenAI investment, as Amazon eyes $50B stake in AI startup

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Nvidia CEO downplays $100B OpenAI investment, as Amazon eyes $50B stake in AI startup

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In Short:
– OpenAI aims to raise up to $100 billion, with Amazon considering a $50 billion investment.
– Funding will support Project Stargate and address projected losses of $14 billion by 2026.

Nvidia’s CEO has confirmed the company will participate in a major funding round for OpenAI, though the previously mentioned $100 billion commitment is not final.

This investment comes as OpenAI seeks to raise up to $100 billion, potentially valuing the AI startup at around $830 billion. Amazon is also reportedly in discussions to contribute up to $50 billion.

The funding is intended to support OpenAI’s ambitious $500 billion Project Stargate, aimed at pushing the boundaries of artificial intelligence.

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Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

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Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

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Memory shortages and rising prices could persist through 2027

Memory chip supply tight, prices high; Lenovo warns rising costs impact budget devices amid strong PC demand from Windows 11.

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Memory chip supply tight, prices high; Lenovo warns rising costs impact budget devices amid strong PC demand from Windows 11.


Memory chips critical to consumer electronics and AI data centres remain in tight supply, keeping prices elevated despite production expansion by major players including Samsung and Micron.

Lenovo warns higher memory costs will hit budget devices first, even as PC demand stays strong from Windows 11 upgrades.

#Lenovo #ConsumerTech #PCMarket #Windows11 #TechPrices #Laptops #HardwareNews #DigitalEconomy


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