Artificial Intelligence

IT services major HCLTech on Friday said it has secured a USD 1.14 billion deal from a Europe-headquartered Fortune Global 50 company to transform and manage its digital workplace and enterprise networks. HCLTech did not disclose the name of the firm. Under the partnership, HCLTech will establish an Artificial Intelligence (AI)-driven operating model for the client, according to a regulatory filing. The initial term of the agreement spans five-and-a-half years, from July 2026 to December 2031, with an option to extend the partnership for a further period of five years. "The estimated value of the agreement during the initial term is USD 1.14 billion. This is entirely a net new business for the company," HCLTech said.

Zuckerberg added that a company reorganization ‌that included major job cuts was not as "clean" as it could ​have been and that executives had miscalculated on the ​timing of the changes

Oracle joins a growing list of tech firms cutting jobs as AI adoption accelerates, with 2026 layoffs already surpassing the total recorded in 2025

The two countries agreed to strengthen cooperation in energy security, AI, defence, supply chains, mobility and investments while advancing economic resilience and Indo-Pacific stability

The Supreme Court set aside an NCLT order over AI-generated fake precedents, directing zero tolerance for citing hallucinated judgments in courts

As Amazon commits $48 billion to India through 2030, legal chief Rakesh Mohan Bakshi says combating counterfeiting and AI-enabled fraud has become central to the company's strategy

Neelkanth Mishra says AI will reshape India's IT workforce through reskilling and new roles, while urging stronger research, deep-tech capital and domestic AI capabilities

India is preparing to build a new digital backbone for cross-border trade through the Customs Integrated System (CIS). Five technology firms

UN's scientific assessment says AI capabilities are advancing faster than governments can regulate them, urging stronger global cooperation, independent oversight, and standardised evaluations

Firms embraced AI to boost productivity and cut costs; but with spending on subscriptions, infra and governance rising, is AI delivering returns, or simply creating another recurring business expense?

Serial entrepreneur says AI-native platform integrates work, knowledge and execution into a single suite to help enterprises realise productivity gains

OpenAI's proposal comes as the Trump administration weighs measures to ensure Americans benefit from profits made by AI companies while increasing scrutiny of advanced models

Chinese AI models are winning users with lower costs and improving performance. But as they gain ground in cybersecurity benchmarks, concerns over data security and AI policy are growing

Alex Karp also cautioned against underestimating China's rapid progress in AI, saying the country is advancing faster than many in the industry acknowledge.

Washington has tightened oversight of new model releases to ‌flag risks amid concerns advanced AI ​could be misused by military ​intelligence in China, Russia or other countries of concern

India's GCC hiring continues to grow despite a broader slowdown in white-collar recruitment, with AI skills driving nearly two-thirds of new jobs in 2026

Ford spent years investing in AI to improve vehicle quality. But after discovering that technology alone wasn't enough, the automaker brought back over 300 veteran engineers. Why did AI fall short

The National Highways Authority of India (NHAI) is deploying the Advanced Traffic Management System (ATMS) across 1,205 km of highways in Delhi-NCR. But what is ATMS

The bank introduced an AI-powered virtual assistant, digital account opening, mobile trade finance and sustainability features as part of its push to strengthen digital banking services

The proposed work programme focuses on workplace surveillance, automation-led job losses, platform workers' rights and ethical AI ahead of the BRICS Trade Union Forum in Hyderabad