Page 43 - Artificial Intelligence

Cognizant plans AI-led restructuring, to spend up to $320 million

Cognizant plans layoffs and restructuring under Project Leap, focusing on AI-led transformation, productivity gains, and cost savings amid a challenging macro environment

Indian VCs build 'bridges to America' as AI startups look westward

Venture capital firms in India are creating structured programmes to help AI startups enter the US market, offering capital, relocation support, and access to networks and customers

Google kicks off $15 bn project in 'AI-patnam': Work begins on 1 Gw centre

Project includes 1 GW data centre, subsea cable landings and digital infrastructure, positioning Visakhapatnam as a major global AI and connectivity hub

AI-driven logistics firm Mojro secures $5.5 mn in Series A funding round

The firm will use the capital to accelerate its global expansion and drive product innovation

Claude's AI agent goes rogue, deletes firm's entire database in 9 seconds

A SaaS platform founder posted about the incident on X, warning about the failures of flagship AI and digital services providers

Cert-In warns of Claude Mythos disruptions, issues guidelines for companies

All companies should also review and reduce all internet-exposed attack surfaces within their systems and disable unnecessary ports and protocols, Cert-In has said in its advisory

Equity investing in good shape and fashionable as ever: Saurabh Mukherjea

In developed markets, we are investing in defence & aerospace, power turbines & plant construction, the data center supply chain and in ultra-luxury consumption plays, Mukherjea said.

Musk, Altman to face off in trial that may decide future of OpenAI

Musk alleges Altman and other leaders at OpenAI enriched themselves by abandoning its altruistic principles and converting to a for-profit company with billions of dollars

China orders Meta to unwind $2 billion acquisition of AI startup Manus

"The transaction complied fully with applicable law. We anticipate an appropriate resolution to the inquiry," Meta said in response

India’s AI boom: Can OpenAI turn 100M users into revenue? | ChatGPT | Artificial Intelligence

India has over 100 million ChatGPT users, but can that scale translate into revenue? This video breaks down OpenAI’s India strategy in terms of consumer, enterprise, infrastructure, and ecosystem

China blocks Meta's $2 billion Manus AI deal over tech transfer concerns

Beijing has tightened scrutiny of key AI firms in the wake of the deal, which has been largely completed

Advanced AI models a catalyst for telcos, says Ericsson's Magnus Ewerbring

India, Ericsson's second-largest market by revenue, will continue to be among the top rung, says Magnus Ewerbring

Rising AI token usage strains company cost structures despite lower rates

Even as per-token prices fall, rising usage from complex AI workflows is pushing up overall costs for companies, raising concerns among developers, startups, and industry experts

Buyers and brands keep an AI eye on each other in fast-changing dynamics

Consumers adopt tools to monitor the very brands that track them. It's a double-edged opportunity for brands as consumers expect greater transparency

Indian IT faces AI reset: Top-5 firms post mixed FY26 amid macro headwinds

India's top five IT majors -- TCS, Infosys, HCLTech, Wipro, and Tech Mahindra -- closed FY26 at a critical inflection point, navigating a structural reset driven by macroeconomic headwinds, West Asian geopolitical risks, and the dual-edged sword of Artificial Intelligence (AI). Earnings analyses reveal a sector transitioning rapidly away from traditional effort-based delivery. AI-driven productivity is causing revenue deflation in legacy services. However, this near-term compression is being offset by a multi-billion-dollar surge in new AI-native engagements, prompting a decisive shift in client priorities from sheer scale to modular, outcome-driven contracts. This paradigm shift is starkly reflected in mixed FY27 outlooks and evolving talent metrics. While TCS and Infosys signalled that the worst macro headwinds are receding, peers like HCLTech and Wipro flagged continued volatility and soft discretionary spending. "AI may cause about 2-3 per cent annual deflation in traditional IT

AI adoption to influence salary growth within 2-3 yrs: TeamLease Edtech CEO

As organisations increasingly recognise that artificial intelligence boosts productivity, employees using AI are likely to gain an edge in increments over the next 2-3 years, particularly in sectors such as technology, GCCs and BFSI, TeamLease Edtech founder and CEO Shantanu Rooj said. Companies in India are no longer treating AI skills as optional experimentation - they are moving into the core capability stack, Rooj told PTI. "Recent employer and workforce studies show that 92 per cent of Indian knowledge workers already use AI at work, and 80 per cent of leaders in India say they would prefer a less experienced candidate with AI skills over a more experienced one without them," he stated. At the same time, Rooj said national industry estimates suggest India's demand for AI professionals could cross 1 million by 2026, which means companies are now thinking about AI not just as a tool, but as a workforce strategy. "Organisations are set to increasingly move toward AI-influenced ..

AI talent hiring jumps 59.5% in India amid rising adoption across sectors

AI hiring in India rose 59.5% year-on-year, driven by rapid adoption across sectors, with demand expanding beyond metros to Tier-II and Tier-III cities

At Elon Musk's SpaceX, AI is burning the cash that Starlink earns

While SpaceX's outlay is super-sized by most measures, it is dwarfed by Silicon Valley rivals

AI, Iran, and capital flows: Warning signs for India's middle class

Job losses, reduced asset values, increased inflation can have many long term impacts on the morale and the social fabric that will be hard to predict

JP Morgan downgrades India to neutral amid earnings woes, lack of AI plays

JP Morgan's 2026 year-end bull / base / bear case targets for the Nifty 50 stand at 30,000 / 27,000 / 20,500 levels, respectively.