Page 6 - Artificial Intelligence

India may lose tech edge unless big firms scale up AI spending: MeitY

MeitY's Abhishek Singh cautions that rapid advances in machine intelligence threaten India's long-held IT edge

Nvidia earnings test a market jittery over soaring AI investment bets

The risk is that these numbers could become unreliable if the big AI spenders, in particular closely held OpenAI, have to pull back on their commitments

AI boom, gig surge: India's job market is entering a new work order

Reform in education and skilling should link classrooms with careers, moving toward project-based, industry-aligned learning

Sarvam likely to unveil India's maiden sovereign AI model by February

Sarvam AI co-founder Vivek Raghavan said India's first sovereign LLM is likely to debut before or during the India AI Impact Summit, with the model trained on trillions of tokens

Is the AI bubble on the brink of a reckoning as dot-com fears return?

Investors are drawing parallels between the AI frenzy and the dot-com boom as major players reduce exposure and questions rise over whether the sector is heading for a long-awaited correction

AI, automation may cut 30% of tech services revenue, says Bain report

A Bain & Co report warns the global tech services industry could lose up to 30% of revenue as growth slows, margins shrink and AI-driven disruption accelerates, pushing firms to overhaul operations

Business-as-usual approach could cut 30% of revenue for tech firms: Report

A business-as-usual approach could erode revenue by 30 per cent or more for tech services firms, Bain & Co has said citing major disruptions like AI facing global technology services industry. In its new report 'The new growth equation for tech services' Bain & Company noted that AI is the biggest disrupter in tech services, but "not the only one". Economic nationalism, aging population and the energy transition are also forcing change across the industry. Together, these factors are reshaping how tech services providers operate, deliver value and compete. The global technology services industry faces major disruption, and continuing to operate with a business-as-usual approach could erode revenue by 30 per cent or more, according to the report. "Across the sector, margins have fallen by more than 200 basis points, and valuations have returned to pre-pandemic levels," it observed. Analysis by Bain shows that these factors, however, also create fresh opportunities. The rise of .

Fractal Analytics bets heavily on R&D in AI race ahead of IPO debut

Fractal, which specialises in AI-driven decision-making for large businesses, will continue to invest 'significantly', and possibly increase its research outlay

Trump urges US Congress to block state AI rules, warns it risks innovation

In a post on his Truth Social network Tuesday, the president urged lawmakers to act quickly, and floated the idea of including an AI measure as part of upcoming defense policy legislation

Yubi Group raises ₹411 crore to fund global expansion and AI investments

Yubi Group has secured Rs 411 crore through structured debt and fresh equity, enabling the fintech firm to expand into global markets

Parasocial becomes Cambridge Dictionary's Word of the Year for 2025

Parasocial became the Word of the Year because people are talking about one-sided relationships more than ever, especially with celebrities and even AI chatbots

India's GCC workforce to reach 3.46 million by 2030 as AI scales up: Report

India's tech sector is poised for strong expansion as global capability centres shift from AI pilots to full-scale deployment, creating new roles, reshaping legacy jobs

India's IT spending to hit $176 bn in 2026 on data centre, AI boom: Gartner

Gartner projects India's IT spending to rise 10.6% to $176.3 billion in 2026, driven by strong data centre and software investments as enterprises accelerate cloud, AI and digital adoption

Google boosts AI Mode with travel tools, AI agent for bookings: What's new

Google expands AI Mode with Canvas trip planning, agentic booking tools and global Flight Deals to simplify how users plan and book travel

Jeff Bezos enters AI race with Project Prometheus: All we know about it

Jeff Bezos has re-entered an operational role by becoming co-CEO of Project Prometheus, a well-funded AI startup aiming to build advanced models for engineering, robotics and scientific discovery

Will AI turn Japan's 'irreplaceable treasures' into disposable slop?

AI's threat gives Japan a second chance to do right by the workers propping up the $21 billion industry. Tokyo must move fast to strengthen labour rights, protect IP, and demand transparency

Producers, platforms turn to AI-powered content to cut costs, boost output

Streaming firms and studios ramp up AI-driven films and series to cut costs and speed up production

Finance Ministry's Chintan Shivir discusses use of AI in govt processes

At a two-day Chintan Shivir in Rajasthan, the finance ministry discussed AI adoption in government processes

Karnataka bets on quantum push to build a deep-tech hub beyond Bengaluru

New Centres of Excellence at IIIT and IIT Dharwad aim to expand high-end research, talent pipelines and industry partnerships beyond Bengaluru

Nearly half of Indian firms live on AI, but budgets remain tight: Report

Nearly half of Indian enterprises have moved beyond AI pilots to active deployment, with 47 per cent reporting multiple Generative AI use cases now live in production, according to a joint EY-CII report. However, despite strong belief in AI's promise, investment levels remain conservative, with more than 95 per cent of firms maintaining AI and ML budgets below 20 per cent of overall IT spending. "...nearly half of Indian enterprises (47 per cent) now have multiple Generative AI (GenAI) use cases live, while 23 per cent are in pilot stage - marking a decisive shift from pilots to performance. Indian enterprises are demonstrating strong confidence by embedding AI into core business workflows to deliver measurable results. Notably, 76 per cent of business leaders believe that GenAI will have a significant business impact, and 63 per cent feel ready to leverage it effectively," the report noted. The EY-CII report 'The AIdea of India: Outlook 2026' is based on a survey of 200 Indian ...