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AI TRANSITION IN IT SECTOR
IT rebound may lack legs, outlook remains cautious: Sunil SinghaniaSpeaking at the ET NOW Markets Summit 2026, Singhania said that although valuations in the sector have become more reasonable after the sha...
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...
SoftBank Vision Fund CFO Navneet Govil exits after a decade as AI bets take centre stageNavneet Govil, the chief financial officer of SoftBank's Vision Fund, is departing after a decade. His exit comes as the investment giant, ...
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...
India, Italy can expand cooperation in Africa through AI Hub and development initiatives: Ambassador BartoliIndia and Italy are set to boost their collaboration in Africa. An AI Hub for Sustainable Development is planned, alongside initiatives in ...
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...
Building a frontier ecosystem over models essential for global economic value: Microsoft CEOMicrosoft chairman and CEO Satya Nadella stated that the priority for the global economy must center on building a frontier ecosystem rathe...
AI can be more disruptive as it targets both cognitive and skill-based jobs: CEA NageswaranAI's impact on jobs is broader than past tech shifts, affecting both cognitive and skill-based roles, according to chief economic adviser V...
India's technological self-reliance to be on display at VivaTech 2026 in Paris: Jawed AshrafIndia is the AI Partner Country at VivaTech 2026 in Paris. The nation will display its advancements in sovereign AI capabilities and self-r...
Keshav Reddy's Equal AI raises $30 million in round led by Prosus, Tomales Bay CapitalThe round also saw participation from Think Investments, Valiant Fund, PhonePe founder Sameer Nigam, and Zubin Bharti Mittal, among others....
The voice taking your McDonald's order may not be human anymoreMcDonald's is testing a new Google-backed AI drive-thru ordering system capable of handling customer conversations, processing orders, and ...
Another AI aftershock sends Indian IT stocks for a tumbleIndian IT shares extended their seventh straight session of losses as Anthropic's new AI model intensified investor fears of revenue disrup...
AI shift drives Opendoor’s India exit: Here's all you need to knowUS real estate firm Opendoor is closing its India operations. Nearly 250 employees in Bengaluru and Chennai will be laid off. This move is ...
AI is redefining product management: Are you ready for the shift?Product management is shifting from coordination to high-velocity creation. This article explores how AI tools like ChatGPT and Midjourney ...
Charting 6G Road Map: Talks soon with focus on desi tech and patentsIndia is initiating plans for a 6G mobile communication transition. Discussions will focus on developing local technology and fostering res...
Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, s...
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...