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New Delhi, July 17 (SocialNews.XYZ) Worldwide IT spending is expected to total $5.43 trillion in 2025, an increase of 7.9 per cent compared to 2024, a report said on Thursday. While there is a slowdown in business due to the ongoing geopolitical scenario, the spending on AI-oriented infrastructure would lead to spending in the IT sector, Gartner, an IT consultancy firm, forecasted in its recent report. "While there is a business pause on net-new spending due to a spike in global uncertainty, t ...Read More >
NEW DELHI: Worldwide IT spending is expected to total $5.43 trillion in 2025, an increase of 7.9 per cent compared to 2024, a report said on Thursday. While there is a slowdown in business due to the ongoing geopolitical scenario, the spending on AI-oriented infrastructure would lead to spending in the IT sector, Gartner, an IT consultancy firm, forecasted in its recent report. "While there is a business pause on net-new spending due to a spike in global uncertainty, the effect is subsumed by ...Read More >
Mumbai: HCL Technologies on Monday announced that it has reported a 10 per cent decline in its consolidated net profit for the first quarter (Q1) of FY26 at Rs 3,843 crore, compared to Rs 4,257 crore in the same quarter the previous year (Q1 FY25). Despite the drop in profit, HCL Tech posted an 8 per cent year-on-year (YoY) growth in its revenue from operations, which rose to Rs 30,349 crore from Rs 28,057 crore in Q1 FY25, according to its stock exchange filing. On a sequential basis, the topl ...Read More >
New Delhi, July 12: Tech giant Google has roped in Indian-origin Varun Mohan, co-founder and CEO of coding AI startup Windsurf, in a major move in the ongoing AI talent race. In a post on social media platform X, Demis Hassabis, Co-Founder and CEO at Google DeepMind, informed hiring several senior Research and Development team members, along with Mohan. "Thrilled to welcome @windsurf_ai founders Varun Mohan and Douglas Chen and some of the brilliant Windsurf eng team to @GoogleDeepMind," Hassabi ...Read More >
New Delhi, July 12 (SocialNews.XYZ) Tech giant Google has roped in Indian-origin Varun Mohan, co-founder and CEO of coding AI startup Windsurf, in a major move in the ongoing AI talent race. In a post on social media platform X, Demis Hassabis, Co-Founder and CEO at Google DeepMind, informed hiring several senior Research and Development team members, along with Mohan. "Thrilled to welcome @windsurf_ai founders Varun Mohan and Douglas Chen and some of the brilliant Windsurf eng team to @Google ...Read More >
Bengaluru - Hexaware Technologies, a global provider of IT services and solutions, today announced a strategic partnership with Abluva, an innovator in agentic AI security, to address security challenges posed by autonomous AI agents in the Life Sciences industry. This collaboration brings together Hexaware's deep domain expertise and Abluva's groundbreaking Secure Intelligence Plane to help organizations in the sector deploy generative AI (GenAI) safely and in compliance with industry regulatio ...Read More >
BusinessWire India Bengaluru (Karnataka) [India], July 11: Acuity Knowledge Partners' RFP Pulse, a managed digital solution is designed to transform how asset and wealth managers respond to RFPs (Requests for Proposals) and DDQs (Due Diligence Questionnaires). Already live with multiple clients, RFP Pulse is delivering measurable results, including 25-30% efficiency gains, reduced manual effort, and improved response quality. Built specifically for financial services workflows, RFP Pulse combi ...Read More >
Bengaluru (Karnataka) [India], July 11: Acuity Knowledge Partners' RFP Pulse, a managed digital solution is designed to transform how asset and wealth managers respond to RFPs (Requests for Proposals) and DDQs (Due Diligence Questionnaires). Already live with multiple clients, RFP Pulse is delivering measurable results, including 25-30% efficiency gains, reduced manual effort, and improved response quality. Also Read | 'Aap Jaisa Koi' Movie Review: R Madhavan and Fatima's Sweet Age-Gap Romance ...Read More >
New Delhi, July 10 (SocialNews.XYZ) A Gartner report said on Thursday that worldwide end-user spending on generative AI (GenAI) models is projected to reach $14.2 billion in 2025. End-user spending on specialised GenAI models, which include domain-specific language models (DSLMs), is estimated to total $1.1 billion this year. Specialised GenAI models are trained or fine-tuned on industry or business process-specific data. Gartner predicts that by 2027, more than half of the GenAI models used ...Read More >
New Delhi, Jul 6 (PTI) Amazon sees a future centred around 'collaborative robotics' where machines are geared to amplify human capability and potential, rather than replace them, according to Tye Brady, chief technologist at the e-commerce giant's robotics unit. Amazon, which recently deployed one-millionth robot in its global operations and introduced 'DeepFleet', an AI technology to optimally coordinate movement of robots across fulfilment network (its intelligent warehouses), asserts that ro ...Read More >
New Delhi [India], June 25: In today's tech-driven world, businesses are embracing AI to organize operations, improve customer experiences, and unlock new revenue opportunities. As demand soars, choosing the right AI partner becomes important. According to recent reports, the global AI market is projected to reach $407 billion by 2027, driven by innovation and enterprise adoption. There are 12 AI development companies driving innovation, enhancing operational efficiency, and enabling organizati ...Read More >
Accra/New Delhi, July 3 (UNI) Prime Minister Narendra Modi today paid homage at the mausoleum of Kwame Nkrumah, Ghana's founding president and a revered leader of the African independence movement, in Accra.PM Modi said in a post on X: "In Accra, paid homage to Dr. Kwame Nkrumah. He was a visionary statesman whose thoughts and ideals guide several people. He devoted himself towards the well-being of people of Ghana."The MEA spokesperson said in a post: "Honouring Dr. Kwame Nkrumah's lasting co ...Read More >
New Delhi, Jul 3 (PTI) Bengaluru-based deep tech startup Maieutic Semiconductor has raised USD 4.15 million in a funding round co-led by Endiya Partners and Exfinity Venture Partners, the company said on Thursday. The start-up is working on chip design by introducing generative AI to design and development workflows. "We are thrilled to have raised this round of funding and are incredibly grateful to have visionary partners like Endiya Partners and Exfinity Venture Partners on board, who not o ...Read More >
Chennai: Despite the buzz around the enterprise adoption of generative artificial intelligence (Gen AI), only a small proportion of Indian companies provide AI tools and applications to a significant number of their employees, according to a report. Only 5% of the organisations offer gen AI tools for more than 80% of their workforce, according to Deloitte's 'State of AI' report shared with TOI. The report underscores a critical gap that while many companies are experimenting with AI, few are sca ...Read More >
New Delhi, Jun 30 (PTI) HCLTech on Monday announced a multi-year deal with OpenAI to enable its customers to leverage the tech giant's AI offerings and drive enterprise-scale AI adoption. HCLTech, becoming one of the first strategic services partners to OpenAI, will roll out ChatGPT Enterprise and OpenAI APIs internally to provide its employees with secure, enterprise-grade generative AI tools, according to a company statement. Also Read | Gold Rate Today, June 30, 2025: As Gold Price Continue ...Read More >
New Delhi, June 30: Nearly 88 per cent of global enterprises now have dedicated budgets for Artificial Intelligence (AI), with nearly two-thirds of them spending over 15 per cent of their overall tech budgets on AI projects, a new report said on Monday. This major investment push marks a clear shift from early experimentation with Generative AI to building intelligent, goal-oriented systems known as AI agents, according to data compiled by Nasscom. Titled 'Enterprise Experiments with AI Agents ...Read More >
New Delhi: Nearly 88% of global enterprises now have dedicated budgets for Artificial Intelligence (AI), with nearly two-thirds of them spending over 15% of their overall tech budgets on AI projects, a new report said on Monday. This major investment push marks a clear shift from early experimentation with Generative AI to building intelligent, goal-oriented systems known as AI agents, according to data compiled by Nasscom. Titled 'Enterprise Experiments with AI Agents - 2025 Global Trends,' th ...Read More >
New Delhi, June 30 (SocialNews.XYZ) Nearly 88 per cent of global enterprises now have dedicated budgets for Artificial Intelligence (AI), with nearly two-thirds of them spending over 15 per cent of their overall tech budgets on AI projects, a new report said on Monday. This major investment push marks a clear shift from early experimentation with Generative AI to building intelligent, goal-oriented systems known as AI agents, according to data compiled by Nasscom. Titled 'Enterprise Experiment ...Read More >
New Delhi, Jun 29 (PTI) Indian IT majors are aggressively repositioning themselves as AI-native firms, focusing on high-margin applications and integration over high-risk, capital-intensive foundational research. A deep dive into the FY25 annual reports from the industry behemoths --- TCS, Infosys, Wipro, and Tech Mahindra -- indicates that in the global AI race, India's tech titans are not competing to invent foundational AI, they are positioning themselves to become premier integrators of it. ...Read More >
Bengaluru (Karnataka) [India], June 27: Global programmatic media partner MiQ today announced the launch of MiQ Sigma, a groundbreaking AI-powered advertising platform, engineered and created by the innovation powerhouse at MiQ's Bengaluru Center of Excellence (CoE). Also Read | Hollywood Actor Brad Pitt's Home Ransacked in Los Angeles, Police Investigate Burglary. Built by a 300+ member strong innovation team in Bengaluru - one of the largest programmatic CoEs globally, MiQ Sigma reflects Ind ...Read More >
India leads in artificial intelligence (AI) adoption, with 92% of employees regularly using generative AI (GenAI) tools in daily work, according to a Boston Consulting Group (BCG) report released Thursday. BCG based the report on responses from 10,600 workers across 11 countries that show AI usage has turned mainstream. The report said AI adoption has led people to fear job loss in countries with the highest AI usage. The third edition of this annual survey also found that AI now forms part of ...Read More >
New Delhi: In a significant event for the digital and technological ecosystem in India, OpenAI, the world's leading artificial intelligence company, in partnership with the IndiaAI Mission of the Ministry of Electronics and Information Technology, announced the launch of the OpenAI Academy India on June 6. This is the first international deployment of OpenAI's AI education platform. The initiative, formalised with a memorandum of understanding (MoU), seeks to democratise AI knowledge by making ...Read More >
New Delhi, May 29 (SocialNews.XYZ) The growing trend of flexible workforce models, and increased opportunities in the Electric Vehicles (EVs) and e-commerce sectors is set to boost the workforce in India, according to a report on Thursday. The Employment Outlook Report (EOR) for the period between April and September by TeamLease Services, a staffing firm, highlighted measured optimism amid economic complexity. With 47 per cent of employers indicating plans for workforce expansion, 28 per cent ...Read More >
New Delhi, Feb 3 (PTI) Nearly 94 per cent of Indian professionals surveyed believe that mastering AI skills will fast-track their career growth, according to 2025 Global Workplace Skills Study conducted by Emeritus. The study underlined that India is experiencing a transformative wave of Artificial Intelligence (AI) integration in workplaces, prompting working professionals to learn the necessary skills and tools for the future. The study, which surveyed over 6,000 respondents across 18 countr ...Read More >
Pune - Onix, a global leader in data, cloud, and AI solutions powered by IP-powered technologies and innovation, today shared comprehensive trends shaping the future of technology in 2025. These insights reveal the convergence of technologies as a driving force behind industry innovation and digital transformation. In 2025, AI will evolve into a practical tool for addressing complex challenges. The focus will shift from generalized applications to highly specialized, industry-specific use cases ...Read More >
Bengaluru, India (OTE) - Leveraging Infosys Topaz and Google Cloud technology, the center of excellence will foster co-innovation to deliver transformative AI-powered solutions Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced the launch of a Google Cloud center of excellence, powered by Infosys Topaz, to foster enterprise AI innovation. The center will serve as a catalyst for co-creation and help businesses harn ...Read More >
BusinessWire India Noida (Uttar Pradesh) [India], December 12: R Systems International Limited (a Blackstone portfolio Company), a global leader in digital product engineering and technology solutions, today announced that it has been named a Major Contender in Everest Group's ISV and Internet-specific SPES PEAK Matrix® Assessment 2024. Everest Group's ISV and Internet-specific SPES PEAK Matrix® Assessment 2024 is a comprehensive evaluation that analyzes the capabilities and market impact of l ...Read More >
Bangalore (Karnataka) [India], December 4: Sonata Software (NSE: SONATSOFTW) (BSE: 532221), a leading Modernization Engineering company, today announced that it has achieved the Amazon Web Services (AWS) Generative Artificial Intelligence (AI) Competency. This specialization highlights Sonata Software as an AWS Partner that helps customers and the AWS Partner Network (APN) drive the advancement of services, tools, and infrastructure pivotal for implementing generative AI technologies. Also Read ...Read More >
New Delhi, Dec 4 (UNI) Rubrik, Inc. on Wednesday announces Rubrik Annapurna, a single API service for customers building generative AI (Gen AI) applications, which will integrate with Amazon Bedrock. Rubrik Annapurna is designed to enable fast access to secure data embeddings from Rubrik Security Cloud. Rubrik Annapurna's powerful and secure data retrieval capabilities will work with Amazon Bedrock, enabling customers to access a broad selection of high-performing foundation models (FMs) to bu ...Read More >
NEW DELHI: Cybersecurity firm Rubrik on Wednesday launched an application programming interface (API) solution integrated with Amazon Bedrock to enable customers to quickly build enterprise-grade generative artificial intelligence (GenAI) applications. Rubrik said its 'Annapurna' API service is enables fast access to secure data embeddings from Rubrik Security Cloud, which will work with Amazon Bedrock, enabling customers to access a broad selection of high-performing foundation models (FMs) to ...Read More >
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