Nvidia's new AI product suite, Ising, launched on April 14, enhances quantum error correction, boosting speed by 2.5 times and accuracy by three times. This announcement spurred a significant rise in quantum computing stocks, indicating strong market interest, even amid volatility.
Wipro reported Q4 revenue of 242.4 billion rupees, a 7.7% increase but below expectations. The decline reflects decreased tech spending from clients, particularly Estee Lauder, and a broader trend in the Indian IT sector towards specialized hiring amid AI adoption.