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Oppex AI raises Rs 4.2 crore in pre-seed round from Info Edge VenturesBengaluru-based Oppex AI has secured Rs 4.2 crore in pre-seed funding from Info Edge Ventures. The fresh capital will be used to expand the...- SaaS company Whatfix's cofounder and CEO Khadim Batti passes awayWhatfix CEO Khadim Batti passes away: Vara Kumar, Batti's cofounder and a close friend, told Whatfix employees in an email that Batti had s...
- Happiest Minds rules out job cuts after merger with ITC InfotechAddressing a press conference after the merger announcement, top executives of the Bengaluru-based firm said that the ITC leadership has sp...
- Only 22% companies have scaled AI across business units: ReportFew organisations successfully scale artificial intelligence across business units. Many companies increase AI spending without clear finan...
- US Department of War adds OpenAI’s ChatGPT Mil, xAI’s Grok to military AI platform GenAI.milThe US Department of War has expanded its artificial intelligence capabilities. OpenAI's ChatGPT Mil and Starshield AI's Grok for Governmen...
- ITC Infotech to merge with Happiest Minds, buy 22% promoter stake for Rs 1,330 croreITC Infotech will merge with Happiest Minds Technologies creating a significant IT services entity. This merger aims to establish an AI-fir...
- ITC Infotech to acquire 22.1% stake in Happiest Minds for Rs 1,330 crore; firms to mergeET had first reported on March 20 about ITC Infotech potentially looking to pick a stake in Happiest Minds. On August 29, ET reported detai...
- Global buyers care less about where SaaS is built, more about what it delivers: SmartWinnr CEOSmartWinnr CEO Anindita Banik on why India’s SaaS companies are increasingly being judged on product quality and performance, rather than t...
- CXOs sharpen AI edge to stay in controlSenior execs are increasingly enrolling in artificial intelligence programs. Demand from experienced professionals is outpacing that from f...
- Big Tech can’t disrupt IT: Tech Mahindra CEO Mohit JoshiChief executive Mohit Joshi said that he isn’t concerned about Big Tech firms like Google or AI labs like Anthropic or OpenAI getting into ...
- Enterprise AI needs custom fitCompanies struggle to achieve business outcomes from significant AI investments. Unprecedented AI capabilities require a 'harness' to conve...
- Meta's Sandhya Devanathan exits after decade-long stint, to join OpenAIDevanathan joined Meta in 2016 when the company's Singapore office had roughly 300 employees. Over her tenure, she worked across the ecomme...
- Stocks in news: Wipro, Lenskart, Tata Motors PV, Ather Energy and Kotak BankOn Thursday, Indian markets faced downward pressure as they wrapped up trading lower amid mixed signals from global economies. Notably, Wip...
- Infosys invests in AI enterprise procurement startup AerchainInfosys has invested an undisclosed amount in Bengaluru-based AI procurement startup Aerchain through its Infosys Innovation Fund. Founded ...
- OpenAI launches ChatGPT ads in IndiaThe ads will be for logged-in adult customers, the OpenAI announced in a statement. The company said that Plus, Pro, Business, Enterprise, ...
- Ringg AI raises $10 million in funding from Peak XV Partners, othersFounded in 2023 by Siddharth Tripathi, Kali Charan Vemuru and Utkarsh Shukla, the startup counts Policybazaar, CRED, Flipkart, Groww and Pr...
- China's MiniMax sees revenue nearly quadruple in first half as AI demand surgesRevenue for the six months ended June 30 rose 283.1% from a year earlier to $116.6 million, reflecting surging demand for cheaper, open-s...
- AI could become a new revenue engine for Indian telecom companies: SurveyIndian telecom providers see artificial intelligence as a major revenue growth driver. They will offer premium connectivity and advanced ne...
- Beyond Chatbots: Dview bets on AI that can reasonDview founder and CEO Kauts Shukla says the next wave of enterprise AI will move beyond chatbots and dashboards to systems that can reason ...
- ET AI Hackathon: Innovation begins with a challengeJoin the AI Hackathon hosted by The Economic Times alongside Posspole Catalyst, designed to spotlight India's top AI talent. This large-sca...
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