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HCL Tech shares jump 3% after buying stake in Sarvam AI for Rs 1,427 croreHCL Tech share price gained 3% after i invested $150 million in Sarvam AI, India's largest AI startup, acquiring a 10.46% stake. This strat...
Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
Microsoft sued by shareholders over expenses, cloud business, AIAbout $357 billion of market value was erased, and Microsoft's stock suffered its biggest one-day decline in nearly six years.
Talent shortage triggers AI adoption among insurersA shortage of trained insurance professionals is driving insurers to automate claims processing, underwriting, and customer onboarding. Thi...
AI adoption gains momentum, returns emerge but infra lags: Industry executivesIndian businesses are increasingly embedding AI, transforming operations and yielding measurable returns. However, legacy infrastructure, s...
Former Tech Mahindra executive Rajashree R joins VC firm Kalaari CapitalFormer Tech Mahindra executive Rajashree R has joined venture capital firm Kalaari Capital, bringing nearly two decades of IT sector experi...
Sarvam raises $234 million led by HCLTech at $1.5 billion valuationIndia's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI startup at $1.5 billion. This invest...
Oracle to train 300,000 professionals across Uttar Pradesh in AI, cloud, cybersecurityOracle is launching an impactful initiative alongside the Uttar Pradesh State Skill Development Mission! This strategic collaboration will ...
Future of Knowledge Work Summit 2026 is just 2 days away; here's why business leaders should pay attentionThe Future of Knowledge Work Summit 2026, taking place on 17 June 2026 in Bengaluru, will bring together CXOs, business leaders, AI experts...
India leads globally in AI-driven revenue growth expectations: BCG surveyIndian marketers anticipate significant AI-driven revenue growth. India leads globally in adopting agentic commerce, a new marketing approa...
Indian IT firms step up Europe expansion as growth outpaces North AmericaIndian IT firms are increasingly focusing on Europe for growth, with a significant rise in new delivery centres and strategic investments. ...
War and AI force India Inc to rethink huge office dealsLarge office leasing deals in India are experiencing extended closing times as companies adopt a cautious approach to expansion amid geopol...
CEA Anantha Nageswaran says AI stock valuations definitely in a bubbleIndia's Chief Economic Advisor V Anantha Nageswaran warns that artificial intelligence stock valuations are a bubble. He believes the narra...
AI euphoria to end? Chris Wood warns mega IPOs, bond pressures may trigger tech correctionJefferies strategist Christopher Wood has warned that the AI-driven stock rally may face a near-term correction amid rising bond yields, cr...
AI Wants to Answer Your Phone Now: Equal AI’s $30 Million Bet on the Future of Call Screening in IndiaIndian startup Equal AI has raised $30 million to expand its AI-powered call screening platform that answers and filters calls on users' be...
Fable 5's cost challenge; Opendoor's India exitAnthropic's Fable 5 could rewrite how IT works, but the price tag and performance quirks raise hard questions. This and more in today’s ETt...
AI robotics company Theker raises $85 million from investors including LVMHTheker, an AI robotics firm from Barcelona, has secured $85 million in new funding. This investment was led by CRV and included major playe...
Expanding GCCs bring in more value vs new entrantsIndia's global capability centre ecosystem is witnessing a convergence of greenfield and brownfield activities around capability-led work. ...
AI not a threat, but opportunity for IT services: TCS chairman N ChandrasekaranAddressing the concerns that AI could reduce demand for traditional IT services, Chandrasekaran said the market has misunderstood the relat...
How Charlie Munger’s behavioral lessons apply to today’s market realityGlobal markets face AI optimism and inflation anxiety. Charlie Munger's insights on human misjudgment offer a survival guide. Higher intere...