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AI PRODUCT DEVELOPMENT
SAP tightens hiring, travel spend as it ramps up AI investmentsGerman tech giant SAP is strategically curbing hiring, travel, and external spending to fuel its ambitious artificial intelligence investme...
Anthropic in talks with Samsung to develop custom AI chipAI giant Anthropic is reportedly exploring the creation of its own custom AI chips, holding talks with Samsung for a potential partnership....
Every enterprise is investing in AI; very few can prove their impactEvery enterprise now has an AI strategy, but few can prove it works. As adoption becomes universal, execution becomes the real differentiat...
Shopping without searching: The Agentic AI future Amazon, Swiggy and Zepto are building in IndiaAI's influence on online shopping is rapidly growing, with agents now completing tasks like purchases. Major platforms like Amazon, Swiggy,...
A new, inexpensive Chinese AI model is catching up with Anthropic, OpenAI on their home turfWestern startups are increasingly turning their attention to affordable and powerful AI models from China, particularly Z. ai's GLM-5.2, wh...
Samsung to invest $90 billion in South Korea's Chungcheong provinceSamsung Group is set to inject a massive 140 trillion won ($90 billion) into South Korea's central Chungcheong province. This significant i...
India emerges as AI opportunity hub, but UN panel warns of gaps in infrastructure, talent and safeguardsA UN-backed panel's initial report highlights India's AI healthcare successes but warns of a growing 'AI divide'. While India possesses tal...
Portugal launches first open-source AI model, joining Europe's sovereignty pushPortugal has unveiled its inaugural open-source artificial intelligence model, named Amalia, a significant step towards European AI soverei...
OpenAI says ChatGPT is expanding beyond early adoptersSustained engagement and habitual use are becoming key metrics for companies as they race to build AI assistants that consumers use as part...
Ex-Intel exec Raja Koduri's OXMIQ raises $35 million to build licensable AI chip architectureAI chip startup OXMIQ, founded by former Intel executive Raja Koduri, has secured $35 million in Series A funding. The company aims to demo...
Google launches Nano Banana 2 Lite and Gemini Omni Flash to make AI image and video creation faster and more affordableGoogle has introduced Nano Banana 2 Lite, its fastest and most cost-efficient AI image generation model, alongside Gemini Omni Flash, a new...
AI skills power nearly two-thirds of new GCC hiring in IndiaIndia's white-collar hiring saw a dip in June, yet its Global Capability Centres (GCCs) are booming, especially in AI. GCCs are shifting fr...
'Just mention Zoho and get discount on Microsoft Office license': Sridhar Vembu says India will catch up in AIZoho founder Sridhar Vembu shared an anecdote where a customer secured a 90% discount on Microsoft Office licenses after mentioning Zoho as...
Global Market: Samsung, SK Hynix double down on AI chip boom with massive investment push despite oversupply risksSouth Korean chip giants Samsung and SK Hynix are investing trillions to boost memory chip production, fueled by soaring AI demand. This am...
Jane Street, TSMC-linked AI startup Etched raises $800 millionAI chip challenger Etched has secured a massive $800 million in funding, with backing from industry heavyweights like Jane Street and a fir...
India eyes open source, homegrown AI amid access curbs on frontier modelsIndia is championing open-source and homegrown AI models to counter potential access restrictions on advanced frontier technologies. The IT...
Fermac AI Systems and RockyEmbed: Advancing India's AI FutureFermac AI Systems is an Indian AI company developing innovative AI solutions and industry-focused training programs. Its flagship model, Ro...
China's Meituan says new AI model trained on domestic chipsChinese tech giant Meituan has unveiled LongCat-2.0, a new AI model comparable to Google's Gemini 3.1 pro. This marks a significant achieve...
Along came an alien prompt: A day in the life of a software engineerThe role of an IT engineer has been rewritten over the past two years. Against the backdrop of persistent layoff fears, ET speaks to a cros...
Key facts on South Korea's three chip and AI 'mega projects'Below is a summary of the investments and targets announced at the event and in corporate and government statements.