IBM shares fell nearly 7% in premarket trading on Thursday after slowing growth in its core cloud software business rattled investor confidence in the tech giant’s ability to tap into booming demand for cloud and AI services.

AI startup Anthropic PBC is in discussions with Alphabet’s Google about a potential deal that could provide the company with additional computing power valued in the high tens of billions of dollars, according to sources familiar with the matter, News.Az reports, citing Bloomberg.

India’s second-largest telecom operator, Bharti Airtel, has teamed up with IBM to provide the tech giant’s services through Airtel’s newly launched cloud platform.