AI News
Reporting, analysis and features from AIM's AI News section.
Krutrim Cloud Hits ₹300 Crore Revenue After Quitting AI Chips & Foundational Models
Krutrim said it has become financially self-sustaining and does not require immediate external funding, including from its founder.
Siddharth Jindal ·
Anthropic & OpenAI Partner with Private Equity Firms to Scale Enterprise AI Deployment
The companies will help enterprises deploy their tools across different businesses.
Siddharth Jindal ·
Infosys Bags $500 Million GCC Deal From Truist, To Build 4,500-Employee Hyderabad Hub
The centre is reportedly expected to employ at least 4,500 people over time, making it one of the largest such engagements executed by an IT services provider.
Ajay Rag ·
Delhi Govt Looks to Partner With AI Startups to Enhance Governance, Public Services
The Delhi government will collaborate with technology companies, startups, and research institutions to develop AI-driven solutions.
Shalini Mondal ·
Pixxel, Sarvam Partner to Launch Orbital Data Centre Satellite
The Pathfinder satellite, in the 200 kg class, will carry data centre-grade GPUs typically used in terrestrial AI systems.
Siddharth Jindal ·
Applied Materials to Expand Chip Packaging with NEXX Acquisition
The deal aims to strengthen panel-level packaging capabilities for AI chip production and accelerate the adoption of large-format technologies.
Sanjana Gupta ·
Bengaluru-based GalaxEye Launches Mission Drishti, ‘World’s First’ OptoSAR Satellite
The satellite weighs 190 kg and is the largest privately developed Earth observation satellite from India.
Siddharth Jindal ·
Meta Reports 33% Revenue Growth, Testing Early Versions of Business AI
The company also confirms employee headcount reduction starting in May.
Supreeth Koundinya ·
Google Photos Introduces AI ‘Wardrobe’ Feature Inspired by Clueless
The upcoming feature will use AI to turn users’ photo libraries into a digital closet, enabling outfit creation and curation, organisation and virtual try-ons.
Prachi Pradhan ·
Cognizant to Acquire Astreya to Strengthen AI Infrastructure, Managed Services Capabilities
The IT services firm looks to deepen capabilities in AI-led managed services and infrastructure amid a global surge in data centre investments.
Ajay Rag ·
Cognizant Rolls Out Project Leap as a Major Workforce Reset to Fund AI Shift
Cognizant has doubled down on AI-led efficiencies and cost savings, even as Q1 revenue rose 3.9% YoY in constant currency along with strong bookings.
Ajay Rag ·
Mphasis Q4 Net Profit Rises 14% YoY as AI-Led Deals Gain Traction
The company reported a consolidated net profit of ₹509.6 crore for Q4FY26, up from ₹446.5 crore a year ago.
Ajay Rag ·
Raksul Launched its New GCC in Bengaluru, Bets on AI-First ‘Nano GCC’ Model
The company has deliberately chosen Bengaluru for its deep engineering ecosystem and expertise in system design, architecture, and platform engineering.
Shalini Mondal ·
Maharashtra Approves AI Policy 2026 With ₹10,000 Crore Investment, Targets 1.5 Lakh Jobs
Around two lakh youth will be trained in AI technologies to create a workforce aligned with emerging industry demand.
Shalini Mondal ·
Musk Accuses OpenAI Executives of Turning Charity Into Business
Musk is expected to continue his testimony on April 29. A verdict could arrive as early as mid-May.
Siddharth Jindal ·
AWS Launches Desktop AI Assistant That Connects Apps and Data
Amazon Quick connects with tools such as Google Workspace, Microsoft 365, Salesforce, Zoom, Slack, and Jira.
Siddharth Jindal ·
GitHub Changes Copilot Pricing To Usage-Based Model Starting June
GitHub said the change is intended to align pricing with actual usage.
Siddharth Jindal ·
OpenAI Brings GPT-5.5 & Codex to AWS as Microsoft Exclusivity Ends
OpenAI models will be accessible via Amazon Bedrock, allowing customers to build applications using existing AWS services and governance systems.
Siddharth Jindal ·
Lovable Launches Mobile App for iOS & Android, Brings Vibe-Coding to Smartphones
The new app allows users to build AI-powered applications using voice or text prompts while adhering to Apple’s evolving rules for code-generating platforms.
Prachi Pradhan ·
TSMC Sells Over 1 Mn Arm Shares, Lets Go of All Stake
The filing shows a full exit from the Arm investment with a $174 million impact on retained earnings.
Sanjana Gupta ·