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AI DISRUPTION IN SOFTWARE
Software stocks slide as Fortinet, ServiceNow fail to meet lofty investor expectationsSoftware companies have been under intense scrutiny this year as investors weigh the likelihood of newer AI models disrupting traditional b...- Amid layoffs, Sam Altman has an advise for MBA grauates that can keep them employable for a longer periodOpenAI CEO Sam Altman has urged MBA graduates to explore new opportunities created by artificial intelligence instead of following outdated...
- ‘The risk is getting ever more real’: Zoho’s Sridhar Vembu issues a chilling warning about AI and jobsZoho founder Sridhar Vembu has warned that AI could allow one skilled person to do the work of 10, triggering a painful economic shift. Whi...
- Zoho’s Sridhar Vembu sees a painful rebalancing of jobs in the AI ageSridhar Vembu expressed concerns regarding the impact of artificial intelligence on computer-based employment. He indicated that AI could a...
- Freshworks acquires AI startup Robusta to strengthen IT operations platformThe acquisition will bring Robusta’s AI-based incident investigation technology to Freshservice, Freshworks’ IT service management platform...
- Cognite reports $1 billion in verified AI value, confirming impact of industrial AI solutionsDriving approximately 36% of value verified to date, customers are leveraging AI and automated workflows to prevent costly asset shutdowns ...
- Exclusive | Cognizant in talks to invest in Indian AI startup Sarvam valuing it at $3.5-4 billion: sourcesCognizant’s potential investment in Sarvam comes as advances in agentic AI raise questions about the future of the IT services industry. AI...
- Anthropic IPO: Firm uses ‘catastrophic’ word 10 times in document to highlight ‘humanitarian’ AI risksAnthropic’s IPO filing highlights an unusual risk for investors, warning that its AI technology could pose “catastrophic or existential ris...
- Cognizant signs five-year large deal with Europe's EBRDWhile the financial terms were not disclosed, two people privy to the matter told ET that the deal was estimated to be in the range of $100...
- Anthropic's rapid growth comes with an $80 billion loss and growing concerns about AI risksAnthropic filed for an initial public offering, reflecting rapid revenue growth amid significant financial losses. The company reported a 1...
- What to know about the AI-detected security bug impacting wide swaths of the internetPHP is a widely used general-purpose scripting language that is geared toward web development, and thus, it powers the majority of websites...
- Deftech startup Paar Autonomy raises Rs 10 crore from AdvantEdge FoundersFounded in June 2024 by Vignesh Sivaram Jayaraman, the company builds camera systems and AI software for drones and other unmanned defence ...
- AI-discovered bugs may soon trigger fresh disruptions, cyber experts sayAI helped drive a doubling of the number of digital flaws discovered year-on-year, according to research due to be published in the coming ...
- FCC grants Intel waiver for foreign-made robotic devicesThe FCC said it would grant a one-year waiver of its rules in order to prevent "potential disruptions in the availability of domestic semic...
- Rush is on to patch a software vulnerability that could impact 70% of websites worldwideMany government sites appeared to be functioning normally Thursday, but outages or limited service continued while security work was under ...
- AI in supply chain management: How enterprises are rethinking warehousing, forecasting and deliveryAI is changing supply chain management by helping businesses forecast demand, position inventory, automate warehouses, and improve delivery...
- Palantir says it cannot shut off NATO AI system as Europeans fear US tech dependencePalantir has proactively responded to European concerns about its military AI system by confirming there is no kill switch in place. This s...
- IT companies likely to see 2-3% AI led deflation over the next 1-2 yearsThe rise of artificial intelligence is anticipated to contribute to ongoing revenue challenges within the IT services sector. Leading firms...
- AI startup ASI valued at $3 billion in latest funding roundArtificial intelligence startup ASI said on Tuesday it had raised $325 million in a funding round valuing the company at $3 billion, amid g...
- Software upgrades eat nearly a third of companies' IT budgets, survey findsThese hard-to-avoid recurring costs and operational disruption were described as a "software tax" in the study that surveyed more than 2,00...
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