Artificial Intelligence Desk

Business & Markets · August 24, 2026

TCS agrees to buy Porsche IT consultancy MHP in AI services deal

The companies say the transaction will focus on AI-enabled engineering, manufacturing, operations and customer experience, subject to regulatory and antitrust approvals.

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Porsche headquarters in Stuttgart, Germany.
File photo: Morio / Wikimedia Commons · CC BY-SA 3.0

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Business & Markets · August 15, 2026

CME sets October launch for futures tied to Nvidia GPU rental costs

The contracts are designed to give AI developers, cloud providers and investors a public way to hedge compute prices, but the market must still prove that varied GPU capacity can support a reliable benchmark.

Reporting draws on 4 named sources.

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