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Selling AI Tools to Sceptic SMEs is Tricky. But Tally Solutions Knows a Way

Selling AI Tools to Sceptic SMEs is Tricky. But Tally Solutions Knows a Way

Tally Solutions has launched TallyPrime Release 7.1, a major update to its flagship business management software, with TallyIra, the company's first AI-powered feature.

2 months ago

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iOS 27 Beta 2: Siri AI's System Prompt Reportedly Includes Instructions to Not Offer Webpage Summaries

iOS 27 Beta 2: Siri AI's System Prompt Reportedly Includes Instructions to Not Offer Webpage Summaries

Apple started rolling out the first developer beta version of the latest iOS 27 update for app developers earlier this month, along with new betas for iPadOS 27, macOS Golden Gate, watchOS 27, and visionOS 27 updates. The Cupertino-based tech giant unveiled the iOS 27 update during the keynote presentation of the Worldwide Developers Conference (WWDC) 2026, along with its new foundational AI models that power Siri AI, Apple's revamped voice assistant. A report now claims that with the release of the second developer beta of iOS 27, Apple has clearly instructed Siri AI not to provide URL-based webpage summaries to users.

2 months ago

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As AI Disrupts Design, Figma CEO Says Creativity is Still Human

As AI Disrupts Design, Figma CEO Says Creativity is Still Human

At Figma Config 2026, the company notes that better AI models strengthen its platform rather than diminish designers’ roles.

2 months ago

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HCLTech Expands Gemini Enterprise Push with Google Cloud & ServiceNow Partnership

HCLTech Expands Gemini Enterprise Push with Google Cloud & ServiceNow Partnership

The collaboration introduces AI-powered solutions for field services, customer experience and manufacturing, aiming to improve operational efficiency while maintaining oversight and security.

2 months ago

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Mindsprint on India's GCC Shift: Code Hubs Must Evolve Into AI Labs

Mindsprint on India's GCC Shift: Code Hubs Must Evolve Into AI Labs

From Olam's GCC to Wipro-owned AI firm, Mindsprint reflects India's evolving GCC story.

2 months ago

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Cerebras stock plunges after earnings as CEO says margin outlook was misunderstood

Cerebras stock plunges after earnings as CEO says margin outlook was misunderstood

Shares of Cerebras Systems dropped almost 20% on Wednesday, even after the company delivered better-than-expectedfirst-quarter earningson Tuesday. That’s because in its first earnings report since going public, the AI chipmaker forecast a narrower gross margin in its core business, guiding for a full-year margin of 38% to 41%, compared with the 47% reported in the first quarter. The stock hit a new low on Wednesday, almost hitting the company’s IPO price. Cerebras CEO Andrew Feldmantold CNBCthat investors had misunderstood the company’s margin guidance, noting that Cerebras will need to rent back some equipment from one of its largest customers. The company said during itsearnings callthat it decided to make more capacity available sooner by temporarily renting its own systems back from an existing customer while it builds out and deploys its own data center capacity. The company said this would cut into profit margins this year. According to the company’s earnings report, revenue for the quarter reached $193 million, up 94% year-over-year. Net loss narrowed to $14 million, down from $23.9 million a year earlier.

2 months ago

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Former Infosys chief has a new startup that wants to challenge the IT services world

Former Infosys chief has a new startup that wants to challenge the IT services world

For decades, IT services firms made billions of dollars by allowing companies to outsource tech tasks like customizing, integrating, and maintaining enterprise software. Vishal Sikka, former CEO of Infosys, one of the largest such firms in India, is now betting that AI can do much of that work instead. His new startup,Hang Ten Systems, has raised a $32 million seed round led by Mayfield,it said Wednesday, with a strategic investment from Aramco Ventures and participation from angel investors. The startup, whose board includes Yahoo co-founder Jerry Yang, said it helps enterprises continuously build, modify, and operate software using AI-driven development and automation. Hang Ten enters a market where IT services firms, including Infosys, are racing to adapt to AI through partnerships with companies likeAnthropicandOpenAI. The startup’s launch comes amid a growing debate over whether AI will expand the industry’s addressable market or fundamentally alter how enterprise software is built, maintained, and delivered. Clearly, some enterprises are eager to try the AI-services idea, especially from someone as experienced as Sikka, who spent 12 years building enterprise software at SAP, and later as a board member for Oracle. Mayfield Managing Partner Navin Chaddha told TechCrunch that the company “just got started a month back” and already has customers. The startup said it is working with customers including Siemens Gamesa Renewable Energy and Fresenius on AI-native project delivery. In a separateblog postannouncing the venture, Sikka, 59, said Hang Ten was already helping large enterprises “hang ten on the biggest wave of our lifetimes.” Headquartered in the Bay Area, Hang Ten told TechCrunch that it is hiring across delivery, engineering, sales, and leadership and plans to expand across multiple locations globally to meet enterprise demand. The early crew at the startup includes executives who have worked with Sikka for years across SAP, Infosys and his previous enterprise AI startup,VianAI, according to their LinkedIn profiles. Among them are co-founders Navin Budhiraja, the startup’s CTO, Sanjay Rajagopalan, its chief design officer, and Tao Liu, its senior vice president of forward deployed engineering. After stepping down as Infosys’ chief executive in 2017, Sikka founded VianAI, which emerged from stealth in 2019 with$50 million in seed fundingandlater raised $140 millionin a 2021 round led by SoftBank Vision Fund 2. Chaddha told TechCrunch Hang Ten is distinct from VianAI, describing Sikka’s earlier venture as focused on a different market. VianAI focused on enterprise AI applications and analytics tools designed to help businesses use artificial intelligence in decision-making. Hang Ten, by contrast, describes itself as an enterprise AI services company built around agentic code generation, reusable AI skills, and domain expertise. Mayfield backed Hang Ten because of Sikka’s career experience, as well as its belief that the startup’s AI-native model can scale differently from traditional services firms. “Traditional services scale linearly with headcount,” Mayfield said. “Hang Ten is built so its leverage grows with every project.” Hang Ten emerges as investors debate how AI will affect the economics of the IT services industry. Analysts at Jefferiesarguedearlier this year that IT services may be among the first sectors to face meaningful AI disruption. Infosys chairman Nandan Nilekani, however, this weeksaidAI could expand the industry’s addressable market. Infosys itself has sought to position AI as an opportunity rather than a threat, telling investors this month that “AI-first services” couldrepresent a $300 billion-$400 billion marketby 2030. The debate comes as investors reassess the outlook for traditional IT services firms, with Infosys shares down over 35% this year.

2 months ago

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Europe is pushing back on Washington’s chip war

Europe is pushing back on Washington’s chip war

Dutch Trade Minister Sjoerd Sjoerdsma visited Washington this week to meet with Commerce Secretary Howard Lutnick and members of Congress to oppose theMATCH Act, a bill that would bar Chinese chipmakers from accessing Western semiconductor equipment, and one that would hit ASML especially hard. ASML, based in the Netherlands, is Europe’s most valuable company and the only maker in the world of the sophisticated lithography machines that are used to make cutting-edge AI chips. “It’s exceptional that I’m coming here to broadly outline our concerns to Congress,” Sjoerdsmatold Bloombergafter the meetings. “The stakes for the Netherlands may be very high.” China accounts for 19% of ASML’s net system sales. The MATCH Act would go further than existing controls, extending curbs to ASML’s deep ultraviolet immersion machines on top of the long-standing ban on its most advanced extreme ultraviolet, or EUV, tools reaching China. As ASML CEO Christophe Fouquettold TechCrunchin May, what China can currently buy are older-generation deep ultraviolet tools — gear first shipped about a decade ago — the same machines the MATCH Act would now relegate off limits. The bill, introduced in April, hasn’t yet faced a full House or Senate vote; Bloomberg notes it would likely need to be folded into a larger package to pass.

2 months ago

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Companies are scrambling to stop employees from maxing out AI budgets with small tasks

Companies are scrambling to stop employees from maxing out AI budgets with small tasks

The era oftokenmaxxingis over. After the AI industryencouraged companiesto max out their AI budgets earlier this year, and some companieseven built employee leaderboards to encourage internal AI usage— they are now realizing just how easy it is to spend huge sums of money on AI and get little in return. We now appear to be entering the era of token rationing. Recent news has been rife with stories aboutAI cutbacksand now 404 Mediareports thatconsulting firm Accenture has been attempting to stop its employees from depleting its token reserves by using AI to do basic tasks — like converting PDFs into presentation slides. The cutbacks take place not long after Accenture threatened that employees would “risk losing out on promotions” if they didn’t use AI, 404 writes. 404’s reporting is based on leaked audio from a recent internal meeting involving Accenture’s agentic AI strategy lead, Justice Kwak. “We’re hitting this inflection point where AI is becoming material to the cost structure,” Kwak says. “Spend is becoming very unpredictable; and leadership, especially at the CFO, COO, and CIO level, are still asking the question of whether they’re getting value from what we’re spending on in the context of AI.” The cost of tokens has thrown into doubt the AI business model — as evidenced by what’s being called the “AI selloff” which has battered some AI-dependent businesses the last few days, especially memory chip makers. The AI industry has reached the stage where it can’t just be exciting and new anymore. It has to prove its worth.

2 months ago

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The memory chip crunch is paying off for this US company

The memory chip crunch is paying off for this US company

The AI boom has fueled dozens of new startups and minted a new class of billionaires. It has also produced a serious shortage of memory chips — a critical component for compute-hungry AI models — which some predict could persistthrough 2027. This era ofRAMageddonisn’t just a corporate problem. As demand spikes and squeezes supply, prices are rising and trickling down to consumers. Apple CEO Tim Cook warned just a week ago thatprice increasesfor its products are unavoidable. But amid this Mad Max-esque fight for memory chips, some companies are coming out ahead. Micron, the largest U.S. computer-memory chip maker — with a market cap of $1.2 trillion — is one of them. That hasn’t always been the case. The company’s shares were trading around $83 in early 2024 (with a market cap of about $91 billion) and closed today at $1,048.51. The company reportedthird-quarter earningsafter markets closed Wednesday, and the results sent shares soaring more than 13%. Revenue quadrupled to $41.45 billion compared with the same period a year ago. The company’s profit, meanwhile, rose from $1.88 billion to an incredible $28.2 billion year-over-year. The Idaho-based company also gave investors a positive outlook, forecasting fourth-quarter revenue of between $49 billion and $51 billion. The strong results arrive the same week Microninked a dealto supply AI lab Anthropic with memory and storage chips. Micron also disclosed that it participated in Anthropic’s Series H funding round, though it didn’t disclose how much it invested.

2 months ago

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AI researchers continue to leave Google for its rivals

AI researchers continue to leave Google for its rivals

Top AI researchers Jonas Adler and Alexander Pritzel are leaving Google for Anthropic, according toBloomberg. Per the report, Adler and Pritzel played key roles in the development of Google’s Gemini model. TechCrunch reached out to Google for comment. These departures are part of a concerning trend for Google. Last week, legendary AI researcherNoam Shazeerannouncedthat he wasleaving Googlefor OpenAI. Shazeer had been at Google since 2000, save for the three years he spent building hiscontroversialchatbot startup, Character.AI (which Google effectively acqui-hired for $2.7 billion, in part to bring Shazeer back to work on Gemini). Just days after Shazeer made his announcement, Google DeepMind directorJohn Jumpersaid he was leaving Google for Anthropic. Alongside DeepMind CEO Demis Hassabis, Jumper won the 2024Nobel Prize in Chemistryfor his work on AlphaFold, which can predict 3D protein structures from animo acid sequences. As OpenAI and Anthropicprepare to go public, this trend could continue — it’s a great time for the companies to recruit top AI talent with a promise of equity.

2 months ago

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AI was supposed to kill engineering jobs, but new data suggests they’re the most resilient

AI was supposed to kill engineering jobs, but new data suggests they’re the most resilient

Whether AI is already replacing jobs is the subject of fierce debate. Tech layoffs hit theirhighest single monthtotal in years in May, and AI was the most-cited reason, according to outplacement firm Challenger, Gray & Christmas. Software engineering, in theory, is the professional field most vulnerable to automation, given the rapid adoption of AI-powered coding tools. However, researchers at venture firm SignalFire say the hiring data tells a different story. “The rationale given for lots of layoffs is consistently AI, and specifically they’ll say AI with respect to code; they’ll say one engineer could do the job of however many engineers in the past,” said Asher Bantock, SignalFire’s head of research. “What we’re seeing on the ground is a little inconsistent with that.” SignalFire’s analysis, which tracked the careers of millions of employees across more than 80 million companies, suggests that engineering was the most resilient job function in 2025. Instead of focusing on layoffs, which are difficult to track because people often delay updating their employment status after job cuts, SignalFire examined hiring data as a more accurate indicator of real-time workforce trends. While total hiring across large tech companies dropped 25% compared to 2019 levels, engineering roles saw a much smaller decline of just 11%, according to SignalFire’s latest “State of Talent Report.” In fact, engineers comprised 55% of all new hires in 2025 across the 12 companies SignalFire classifies as “Tech Majors” — Alphabet, Meta, Apple, Amazon, Microsoft, Netflix, Nvidia, Tesla, Uber, Airbnb, Block, and Stripe. This is a significant jump from 2019, when engineers represented only 46% of new recruits, according to the report. The continued need for engineers was even more evident at early-stage startups, which collectively brought on 7% more engineers in 2025 than they did in 2019, SignalFire’s data shows. If AI were truly substituting for engineering talent, Bantock argued, engineering hiring would be the first to fall amid the current tech hiring contraction. Instead, SignalFire’s data shows that engineering headcount is growing faster than most other job functions in tech. While Anthropic CEO Dario Amodei warned last year that AI couldwipe out halfof all entry-level white-collar jobs and push unemployment as high as 20% within five years, the company’s own head of economics, Peter McCrory,told TechCrunchin March that he had not yet seen any significant AI-driven effects on the workforce. Said McCrory at the time: “There’s at least no larger material difference in unemployment rates” between workers who use Claude for the “most central task of their job in automated ways” — like technical writers, data entry clerks, and software engineers — and workers in jobs less exposed to AI that require “physical interaction and dexterity with the real world.” Nvidia CEO Jensen Huang went further still, outright rejecting the theory that AI will replace engineers. “Somebody said that AI is going to destroy all of the software engineering jobs,” Huang said in aninterviewat the Stanford Graduate School of Business in April. He then argued the opposite is true. Now that all engineers at Nvidia are using agentic AI, “software engineers are busier than ever,” he said. Huang added that while agents are writing code near instantaneously, they are constantly pushing engineers to generate “the next idea.” For now at least, it seems that armed with AI, engineering has become a classic example of the Jevons paradox — the idea that greater efficiency doesn’t reduce demand for a resource; it increases it, because the work expands to fill the new capacity. As Bantock said of engineering talent in this moment: “They’re suddenly a lot more productive, and there’s endless work for them to do.”

2 months ago

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