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The expansion provides room for 400 employees as TVH scales its technology, engineering, and digital operations from India.
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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.
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The IT company reported a 20% rise in June-quarter profit, with AI revenues climbing to an annualised run rate of $688 million.
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HCLTech said it plans to build a full-stack AI platform spanning AI data centres, GPU infrastructure, foundation models, enterprise applications and managed services.
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The expanded partnership will see TCS build an AI-driven, secure and standardised digital infrastructure to power ABB's global network operations.
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The Hyderabad-based startup receives ₹60 crore as the Antariksh Venture Capital Fund makes its debut investment.
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LTM will integrate Anthropic's Claude models into its BlueVerse AI platform, establish a Claude Centre of Excellence and expand its AI1000 programme.
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Its ADRs are scheduled to begin trading on Nasdaq under the ticker SKHY on July 10.
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By combining native vision, audio, and reasoning in a compact model, Gemma provides a compelling platform for local AI agents.
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With production AI becoming a priority for regulated industries, Indian enterprises are rethinking where their AI workloads should run.
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Gujarat enters a crowded field of states vying to attract data centre investments. Its success will ultimately depend on execution rather than announcements.
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The complaint names former Apple executives Tang Tan and Chang Liu and seeks damages along with the return of allegedly misappropriated confidential information.
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