AI News – Page 2
Breaking AI news from India and the world: model launches, funding, policy, GCCs and enterprise deals, reported daily by AIM.
Anthropic Seeks Up to $64.4 Bn at $1.4 Tn Valuation With IPO
Anthropic is offering 825 million shares of Class A common stock at an indicative price range of $70–78 per share.
Supreeth Koundinya
IBM Ends H-1B, Green Card Sponsorship for Most Roles in Consulting Division
IBM had historically used high-skilled visa programmes to address talent shortages, but its participation had been declining for several years.
Supreeth Koundinya
PuppyGraph Raises $10 Mn to Help AI Agents Query Enterprise Tables
The Series A funding will support engineering and enterprise expansion as the startup launches PuppyGraph 1.0 graph query engine.
Ridhika Basnet
Cognizant Commits 25,000 Professionals to Deploy Claude in Enterprises
The offering combines licensed access to Claude, dedicated personnel, and proprietary software to manage AI systems in enterprise production environments.
Mukundan Sivaraj
TSMC October Revenue Hits Record $17.81 Bn on Skyrocketing AI Chip Demand
TSMC's October revenue rose 59.7% year-on-year, as demand for advanced semiconductor manufacturing continues to drive growth, contrasting with recent volatility in NVIDIA's shares.
Kileuna Haralu
Froncort.AI Gets $2.3M From Google.org to Expand AI-Based Disease Screening in India
The healthcare AI startup will develop an offline, local-language application to help frontline health workers identify disease hotspots and plan household screenings.
Ridhika Basnet
Gartner Introduces Framework for CIOs to Determine AI Outcomes
Gartner said its Value-Risk Flywheel will help CIOs align AI value with risk, using momentum and drag, with a governor at its centre.
Mark Philip Jayan
Qantas AI Jobs are Coming to India as Outsourcing Deal Affects 850 Roles
Qantas will move some corporate services to Accenture teams in India as part of a technology overhaul that will introduce more automation and AI.
Mukundan Sivaraj
Meta Expands AI Age-Estimation Tech to Protect Teens on Instagram
The expansion will place millions more teenagers under Instagram's Teen Account restrictions, even if they registered as adults.
Ridhika Basnet
Meta to Introduce Muse AI Agent in India Starting With ₹1,799 Plan: Report
The Power plan is listed at ₹1,799 and the Maximum tier at ₹8,999, although Meta has not confirmed an India launch date or the prices.
Ridhika Basnet
Trump Defends Jensen Huang Amid NVIDIA Probe
The US president believes NVIDIA CEO Jensen Huang didn’t have any knowledge of being targeted by Chinese intelligence.
Supreeth Koundinya
Google Launches Two New TPUs for Enterprise Agentic AI Workloads
TPU 8tx is built for confidential AI inference, allowing enterprises and governments to process sensitive data.
Siddharth Jindal
Mphasis Raises FY27 Growth Outlook After 9.2% Dollar Revenue Growth in Q2
AI-led contracts accounted for 66% of quarterly deal wins, while utilisation fell to 82% and operating cash flow turned negative.
Mukundan Sivaraj
Adobe’s CX Enterprise Coworker Gets Embedded Within Leading AI Platforms
The software firm said its CX Enterprise Coworker agentic AI will be embedded in ChatGPT as a plugin, Claude, Databricks Genie, Gemini for business, and Microsoft Copilot.
Mark Philip Jayan
Sarvam AI Appoints Ex-Google Cloud India MD Sashikumar Sreedharan as President and CBO
The appointment comes as Sarvam looks to scale its presence across enterprise and government customers, with more than 100 institutions already using its AI offering.
Siddharth Jindal
EXL Acquires Aimpoint Digital, Adds 250 AI and Data Experts
The deal strengthens its ability to help enterprises move AI initiatives into production and manage them at scale.
Siddharth Jindal
Coforge Joins SpaceX Network to Develop Industry-Specific Grok Applications
Momentuum blue, Coforge’s FDE unit, will handle deployments using teams of engineers and AI agents embedded within client organisations.
Mukundan Sivaraj
India’s Office Workforce to Reach 48 Mn by 2030 as AI Reshapes Demand: Report
India’s office-using workforce is projected to grow by nearly 9 million by 2030, even as AI automates routine tasks and commercial office vacancies rise.
Ridhika Basnet
NSE Launches Stock Discovery Platform, Adds AI Features
The National Stock Exchange has introduced natural language stock screening, AI-assisted corporate announcement summaries, and market data access.
Ridhika Basnet
NVIDIA to Investigate CEO Jensen Huang’s Relationship with a ‘Chinese Spy’
The NVIDIA CEO’s admission has triggered a board-level probe into allegations of Chinese intelligence involvement and potential risks to sensitive company information.
Siddharth Jindal
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