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AI DRIVEN SERVICES
AI won’t replace Infosys, will amplify it: Nandan Nilekani bets big on $1 bn AI surgeInfosys Chairman Nandan Nilekani expressed confidence in the company's AI-driven future, stating AI will amplify, not replace, businesses t...
Cybersecurity firm Mitigata raises $15 million funding led by Bessemer Venture PartnersBengaluru-based cybersecurity firm Mitigata has secured $15 million in a funding round led by Bessemer Venture Partners. The capital infusi...
US stocks: Oaktree-backed ITG targets $2.7 billion valuation in US IPODigital infrastructure firm ITG is aiming for a valuation of up to $2.67 billion in its US stock market debut, seeking to raise as much as ...
ArcelorMittal partners with AWS to automate global operationsSteel giant ArcelorMittal is joining forces with Amazon Web Services (AWS) to revolutionize its global operations. By integrating AWS's clo...
Indonesia plans to embed AI in key programmes, including $15 billion free-meal drive, document showsIndonesia's progress on AI has been slow when compared with Singapore and Malaysia. They are pushing to establish themselves as developme...
PE firms, mid-market companies drive India’s new GCC waveIndia's Global Capability Centre (GCC) landscape is shifting, with private equity-backed and mid-market firms now driving significant expan...
SpaceX valuation hinges on uncertain AI economics, says Professor Aswath DamodaranSpaceX's massive market debut, reaching a $2 trillion valuation, is largely fuelled by AI ambitions, according to valuation expert Aswath D...
Reliance Intelligence to make AI dramatically more affordable in India by 2030: Akash AmbaniReliance aims to revolutionize AI accessibility in India, mirroring its Jio data success. By decade's end, the company plans to make AI "dr...
Reliance seeks to build India's sovereign AI backbone; unveils Jio call agent and AI home platformReliance Industries is building India's sovereign AI backbone. The company is partnering with Google and Meta. New AI-powered applications ...
US Stock Market: Accenture’s AI transformation faces investor skepticism as stock plunges; CEO Julie Sweet remains confidentAccenture's shares plunged nearly 20% after its fiscal third-quarter results revealed weaker-than-expected bookings and a softer outlook. C...
Data centres, AI infra become IT's next growth betIndia's software services industry is finding new growth in data centers and AI. Companies like HCLTech, TCS, Accenture, and Cognizant are ...
Amazon in talks to sell custom AI chips in bid to cut Nvidia’s dominanceAmazon is planning to sell its custom artificial intelligence chips to other companies. This move aims to compete with Nvidia's strong hold...
Wipro to buy 20% stake more in Aggne Global for $2 millionWipro is set to acquire a further 20% stake in Aggne Global IT Services Private Limited. This move will boost Wipro's ownership in Aggne Gl...
NSE flags regulatory, tech, AI, derivatives concentration risks in IPO papersThe National Stock Exchange raises a red flag regarding substantial financial and operational threats. Emerging regulatory frameworks, tech...
D2C brands turn to WhatsApp to win new customersWhatsApp is increasingly becoming a customer acquisition channel for India’s D2C brands rather than just a platform for customer support an...
CNTXT AI acquires Actualize to strengthen Arabic voice AI for enterprise and government across the GCCUAE-based CNTXT AI has acquired Actualize, an enterprise AI company specializing in dialect-aware Arabic voice agents. This move significan...
Israel approves National AI Plan to strengthen technological self-relianceIsrael is launching a major national plan to boost its artificial intelligence capabilities. The government aims to make the country a glob...
Talent shortage triggers AI adoption among insurersA shortage of trained insurance professionals is driving insurers to automate claims processing, underwriting, and customer onboarding. Thi...
Scaling growth and risk: Why managed services are now mission-critical for India IncThe question should no longer be about whether to adopt managed services but about how to use and leverage them to transform functions.
TCS launches India's first Oracle AI Data platform lab in KolkataThe facility at Delta Park Lords in Kolkata has been set up in collaboration with Oracle and will support customers in addressing challenge...