Page 2 - Avik Das

Modern systems good but inconsistent: Google DeepMind CEO Demis Hassabis

Demis Hassabis says current solutions lack consistency, creativity and continuous learning ability

AI Impact Summit: Age-based social media curbs on table, says Vaishnaw

AI investments in India expected to exceed $200 bn in two years

Anthropic's India revenue up 2x in last 6 months, says Irina Ghose

Anthropic's India revenue run rate has doubled in six months, with the country emerging as Claude.ai's second-largest user base, driven by strong adoption in coding, maths and enterprise AI tasks

AI is new reality but may not spell doom for IT services: Experts

Automating tasks won't overhaul data estates, security frameworks: Experts

India placed third in global AI vibrancy index after US, China: Report

India placed third after the US and China in AI vibrancy index, scoring strongly on R&D and talent while advancing data governance and policy frameworks

India well-positioned to capitalise on AI markets: Birmingham & Ohrie

Since the time we changed the operating model, we have plugged India directly into the strategy. The squads here are equally as capable as the ones in North America, says Birmingham

Happiest Minds to double hiring in AI business amid skill shortages

Mid-tier IT firm Happiest Minds plans to double its AI and GenAI workforce to over 1,000 by next fiscal, investing more to address skill gaps that are leading to lost revenue

Startup Gnani to launch its voice foundation model at AI Impact Summit

IndiaAI-backed startup to unveil 14bn-parameter voice model in six languages, with plans to scale to all 22 Indian languages within 18 months

Artificial intelligence fears push Nifty IT to over nine-month low

Nifty IT slides 6% as AI disruption fears and fading US rate-cut hopes trigger sharp sell-off in frontline tech stocks

Cognizant flags US and Europe work visa risks in its annual report

IT services firm cites tighter immigration rules and rising visa costs in key markets, warning of impact on staffing, mobility programmes and project execution

Wipro to hike salaries from March 1, bringing much-needed relief to staff

IT major to implement salary increments from March 1 after deferring hikes in September; percentage of increase not immediately specified

Explained: How Anthropic's Claude plug-ins rattled Indian IT stocks

New plug-ins let Claude automate legal, sales and analytics tasks, raising fears of AI-led disruption to traditional software and IT services

Cognizant gives 100% bonus to employees for 2025 after strong results

Cognizant awards a 100% bonus after beating growth estimates, with CEO Ravi Kumar saying the company has reached its "winner's circle" ahead of schedule

Hexaware Q4 net profit halves to ₹100 crore on New Labour Code provisions

Hexaware's December-quarter net profit fell 49 per cent year-on-year to Rs 100 crore due to provisions for the New Labour Code, even as revenue rose over 10 per cent

Cognizant Q4 net profit rises 19%, to hire more freshers this year

US-listed IT major beats growth guidance for 2025 on strong deal wins, margin expansion and rising financial services demand

Anthropic's upgraded AI tool may intensify competition in tech world

Anthropic's update to its agentic AI tool Claude Cowork is fuelling concerns over disruption in software and IT services, as AI agents begin to replace legacy workflows

Why Budget tax sops to attract foreign investment upset Indian data centres

The new Budget provides for tax sops to attract more foreign investments in India's data centres. So why are some Indian players upset?

India-US trade deal brings glimmer of hope for beleaguered IT services cos

India-US trade deal eases fears of tariff spillover into IT services, offering relief to Indian tech firms amid weak global demand and delayed client spending

Budget 2026: Tax holiday for foreign Cloud cos using data centres in India

Budget 2026 proposes tax holiday till 2047 for foreign cloud firms using Indian data centres, aiming to position India as a global AI and hyperscale data hub

Eco Survey: AI strategy must be grounded in economic realities, not scale

Chasing scale, building large LLMs for own sake not useful for India