AI News
Reporting, analysis and features from AIM's AI News section.
Tredence Introduces Agentic Commerce Accelerators for Retailers
The framework uses agents to interpret shopper intent and orchestrate personalised interactions.
Siddharth Jindal ·
Blackstone Confirms Milestone-Linked Investment in Neysa, Values Startup at $300 million: Reports
The deal involves Blackstone investing $50-75 million in an initial tranche for a significant minority holding.
Siddharth Jindal ·
Employee Union Flags Fresher Onboarding Delays at Wipro, Seeks Labour Ministry Intervention
Freshers face months of uncertainty despite letters of intent, completed checks and promised joining dates.
C P Balasubramanyam ·
AXISCADES Subsidiary Mistral Wins ₹100 Cr Defence Radar Subsystem Order
The company operates across India, Europe and North America, with a workforce of over 3,000 professionals.
Sanjana Gupta ·
Baidu’s Apollo Go & AutoGo Launch Fully Autonomous Ride-Hailing in Abu Dhabi
“By introducing robotaxi services in real urban environments, we're moving from development to deployment.”
Sanjana Gupta ·
Shunya Labs Unveils AI Model for India’s Code-Mixed Speech
Zero Codeswitch is designed to decode how Indians actually speak, blending Hindi, English and regional languages.
Merin Susan John ·
OpenAI Hits $20 Bn ARR Mark as Compute Capacity Triples: CFO Sarah Friar
OpenAI is also shaping its commercial strategy by extending ChatGPT use to advertising and commerce.
Siddharth Jindal ·
Sequoia Breaks Ranks to Back Anthropic in $25 Bn Mega Round: Report
Sequoia Capital already holds stakes in Anthropic rivals OpenAI and Elon Musk’s xAI
Pallavi Chakravorty ·
Top Indian IT Firms Added Only 17 Employees in Last 9 Months
TCS was the biggest drag overall after cutting 25,816 jobs, while Infosys, Wipro and HCLTech added employees.
Mohit Pandey ·
OpenAI, ServiceNow Partner to Build AI Agents for Business Workflows
OpenAI will become a preferred intelligence capability for enterprises that collectively run more than 80 billion workflows each year on the ServiceNow platform.
Mohit Pandey ·
Why Tamil Nadu Isn’t Waiting for Students to Visit Tech Conferences
Tamil Nadu's IT minister Palanivel Thiaga Rajan believes software development is no longer a default career.
C P Balasubramanyam ·
Google’s Gemini Signs IPL Sponsorship Deal Worth ₹270 Crore
Industry executives say AI-driven brands are increasingly competing with established companies for high-profile cricket sponsorships.
Siddharth Jindal ·
Persistent Extends Growth Run to 23 Quarters, Profit Slips 7% QoQ
Order bookings for the quarter stood at $674.5 million in total contract value and $501.9 million in annual contract value.
Mohit Pandey ·
San Francisco AI Startup Emergent Secures $70 Mn Series B Funding to Grow Its Team
Emergent has raised $100 million and now has over 5 million users creating products across 190 countries.
Smruthi Nadig ·
ElevenLabs Appoints Karthik Rajaram as India Country Head
Rajaram will lead the go-to-market strategy and revenue growth in India.
Siddharth Jindal ·
SanchiConnect Partners With Tamil Nadu & iTNT to Support Deep Tech Startups in Tier-2, 3 Cities
The initiative aims to build a sustainable ecosystem for innovation across key sectors, including climate technology and health tech.
Smruthi Nadig ·
Amazon Worldwide Consumer Ex-CEO Builds Own CRM Tool in 1 Day
The news itself isn’t surprising, but it reflects a broader threat to SaaS from AI.
Supreeth Koundinya ·
Raana Semiconductors Raises $3 Mn Seed Funding for Silicon Ingot Systems
RSPL aims to reduce reliance on imported silicon ingots and wafers by enabling local manufacturing.
Sanjana Gupta ·
NVIDIA Invests $150 Million in AI Inference Startup Baseten
The deal underscores a strategic shift as the AI industry pivots from model training to large-scale deployment.
Pallavi Chakravorty ·
Sunita Williams Retires From NASA After 27-Year Career
Sunita Williams logged 608 days in orbit and also became the first person to run a marathon in space.
Sanjana Gupta ·