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Latest AI News

ITC Infotech Leads Race for Majority Stake in Happiest Minds: Report

ITC Infotech Leads Race for Majority Stake in Happiest Minds: Report

The proposed deal, if concluded, would mark another major consolidation move in India's IT services industry as companies pursue acquisitions to build scale and strengthen AI-led capabilities.

1 month ago

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HCLTech's AI Revenue Surges 62% to $171 Mn as Automation Reshapes IT Services

HCLTech's AI Revenue Surges 62% to $171 Mn as Automation Reshapes IT Services

The IT company reported a 20% rise in June-quarter profit, with AI revenues climbing to an annualised run rate of $688 million.

1 month ago

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HCLTech Enter AI Infrastructure Biz with ₹3,500 Crore Investment in Data Centres

HCLTech Enter AI Infrastructure Biz with ₹3,500 Crore Investment in Data Centres

HCLTech said it plans to build a full-stack AI platform spanning AI data centres, GPU infrastructure, foundation models, enterprise applications and managed services.

1 month ago

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TCS Wins Multi-Million, Multi-Year ABB Deal to Run Global AI-Powered Network Operations

TCS Wins Multi-Million, Multi-Year ABB Deal to Run Global AI-Powered Network Operations

The expanded partnership will see TCS build an AI-driven, secure and standardised digital infrastructure to power ABB's global network operations.

1 month ago

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Dhruva Space Secures First Investment From India’s Antariksh Venture Fund

Dhruva Space Secures First Investment From India’s Antariksh Venture Fund

The Hyderabad-based startup receives ₹60 crore as the Antariksh Venture Capital Fund makes its debut investment.

1 month ago

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 LTM to Train 1,000 Claude Engineers Under Expanded Partnership With Anthropic

LTM to Train 1,000 Claude Engineers Under Expanded Partnership With Anthropic

LTM will integrate Anthropic's Claude models into its BlueVerse AI platform, establish a Claude Centre of Excellence and expand its AI1000 programme.

1 month ago

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SK Hynix Raises $26.5 Bn as it Debuts on Nasdaq

SK Hynix Raises $26.5 Bn as it Debuts on Nasdaq

Its ADRs are scheduled to begin trading on Nasdaq under the ticker SKHY on July 10.

1 month ago

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Decoding Google’s Formula for Gemma That Won it 400 Million Downloads

Decoding Google’s Formula for Gemma That Won it 400 Million Downloads

By combining native vision, audio, and reasoning in a compact model, Gemma provides a compelling platform for local AI agents.

1 month ago

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Why Broadcom-VMWare Is Going After India’s Private AI Opportunity

Why Broadcom-VMWare Is Going After India’s Private AI Opportunity

With production AI becoming a priority for regulated industries, Indian enterprises are rethinking where their AI workloads should run.

1 month ago

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Can Subsidies Alone Deliver Gujarat’s ₹6 Lakh Cr AI Data Centre Plan?

Can Subsidies Alone Deliver Gujarat’s ₹6 Lakh Cr AI Data Centre Plan?

Gujarat enters a crowded field of states vying to attract data centre investments. Its success will ultimately depend on execution rather than announcements.

1 month ago

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Apple Sues OpenAI Over Alleged Theft of Trade Secrets

Apple Sues OpenAI Over Alleged Theft of Trade Secrets

The complaint names former Apple executives Tang Tan and Chang Liu and seeks damages along with the return of allegedly misappropriated confidential information.

1 month ago

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'Won't Part With Our Land': Why Bidadi Farmers are Not Buying Into Karnataka’s AI City Dream

'Won't Part With Our Land': Why Bidadi Farmers are Not Buying Into Karnataka’s AI City Dream

The Karnataka government has proposed an AI City in Bidadi to cash in on the AI boom. But farmers in the region fear losing their land and their livelihoods.

1 month ago

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