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SOFTWARE SERVICES
- OpenAI to acquire developer tools firm Pierre to expand Codex capabilities
OpenAI will acquire Pierre Computer Company, the developer of open-source coding tools, to expand its Codex platform's capabilities in buil...
AI deployment accelerating, but enterprises becoming more discerning: Freshworks CEO Dennis WoodsideThe Nasdaq-listed software-as-a-service (SaaS) company reported a 14% year-on-year increase in revenue to $245.4 million for the July-Septe...
Freshworks crosses $1 billion ARR as enterprise push lifts growthRevenue for the July-September quarter rose to $245.4 million from $215.1 million a year earlier. Net profit stood at $18.3 million, compar...
Binance says North Korean hackers stole $6.34 billion funds in a technical breachBinance reported a cyberattack attributed to North Korea that compromised $6.34 billion in digital assets. Approximately $2.85 billion of t...
Apple’s robust India quarter; Giva’s $100 million fundingApple posted record sales in India in the September quarter. This and more in today’s ETtech Top 5.
Hackers are targeting something the world can't do without: FoodA series of cyberattacks have affected supermarket refrigeration systems in multiple European countries, leading to food spoilage. These at...
From SBI to Binance, how financial institutions are becoming cyberattack targetsRecent incidents involving cryptocurrency exchange Binance and Indian public sector lender State Bank of India (SBI) have once again put th...
Corporate India's white-collar hiring rises 14% in October, led by manufacturingCorporate India's white-collar hiring showed a 14% increase in October compared to the previous year. Notably, production and manufacturing...
Coders out, VCs in: Investors bet billions on AI-first servicesThe AI-native services firms’ promise of high margins and rapid growth with fewer people has attracted the interest of VC firms. If Distyl ...
ET Product of the Year Awards 2026: Categories recognising products driving market impactThe Economic Times Product of the Year Awards 2026 celebrate cutting-edge innovations that make a substantial difference in the market and ...
The next AI advantage for India's developers: Turning code into companiesIn India's rapidly growing builder economy, AI is revolutionising software creation, allowing developers to generate code and build prototy...
Software stocks slide as Fortinet, ServiceNow fail to meet lofty investor expectationsSoftware companies have been under intense scrutiny this year as investors weigh the likelihood of newer AI models disrupting traditional b...
Dashverse shuts DashReels, seeks $40 million for AI pushThe Bengaluru and San Franciscobased startup is pitching its businessto-business software platform, Frameo AI, to prospective investors as ...
Freshworks acquires AI startup Robusta to strengthen IT operations platformThe acquisition will bring Robusta’s AI-based incident investigation technology to Freshservice, Freshworks’ IT service management platform...
Why big IT firms are buying stakes in AI startupsFrom HCLTech's $150 million investment in Indian AI startup Sarvam to Accenture's investment in Within, an enterprise AI company, IT firms ...
IT firms navigate peak pessimism by prioritising growth in stable Q2Analysts said that artificial intelligence (AI) is becoming a significant revenue driver for the majority of Indian IT companies. However, ...
Exclusive | Cognizant in talks to invest in Indian AI startup Sarvam valuing it at $3.5-4 billion: sourcesCognizant’s potential investment in Sarvam comes as advances in agentic AI raise questions about the future of the IT services industry. AI...