AI News
Reporting, analysis and features from AIM's AI News section.
Karnataka Declares Next Decade Its ‘Deep Tech Decade’, Rolls Out ₹33-Crore Grants for Startups
The announcements ahead of BTS span international collaborations, startup commercialisation and public-sector AI adoption.
Merin Susan John ·
Databricks, Microsoft Extend Partnership Into the 2030s as Enterprise AI Adoption Accelerates
Databricks will deepen its commitment to Azure, running its own core business operations and analytics on Azure Databricks.
Novinston Lobo ·
HCLTech to Invest ₹14,257 Cr in Odisha AI Data Centre With Sarvam
The AI data centre, planned at Odisha’s Sovereign AI Park, will combine HCLTech’s infrastructure with Sarvam’s foundation models.
Siddharth Jindal ·
Genpact Launches Agentic AI Banking Suite for Anti-Money Laundering Investigations
Genpact claims its Transaction Monitoring Analyst can reduce handling time for anti-money laundering alert investigations by up to 80%.
Siddharth Jindal ·
Fractal’s Net Profit Declines 37% QoQ Even as Enterprise AI Demand Lifts Revenue Past ₹900 Cr
Fractal Analytics’ shares plunged nearly 6% after Q1 FY27 results despite the pure-play AI company increasing its profits YoY and expanding margins.
Smruthi Nadig ·
AI Deals Now Make Up 63% of Mphasis' New Contracts as Q1 Profit Rises 11% YoY
Mphasis’ operating margin narrowed as higher costs weighed on profitability despite strong deal momentum and acquisitions.
Ajay Rag ·
Oracle Wins $7 Bn US Department of War Software Contract
The 10-year agreement creates a central procurement vehicle for Oracle software, cloud services, and AI offerings across the US Department of War.
Siddharth Jindal ·
AMD Expands Roadmap Through 2030, Helios in Full Production
AMD confirmed that the Instinct MI500 Series will launch in 2027, followed by the MI600 Series in 2028.
Supreeth Koundinya ·
AMD, Cerebras Enter Partnership to Combine Helios and Wafer Scale Engine
By separating inference processing across the two compute platforms, the companies say the architecture can deliver up to 5x higher tokens per second per watt than a Cerebras Wafer-Scale Engine-only configuration.
AIM Media House ·
Infosys AI Revenue Share Climbs to 8.2% in Q1 Even as it Lowers Guidance on Uncertain Demand
IT major Infosys has named insider Ashiss Kumar Dash as CEO Designate, who will succeed Salil Parekh from April 2027.
Ajay Rag ·
JAN AI & VTU Bring Human-Centred AI Training to Women Engineering Students
The company is training women engineers to use AI to address local challenges instead of focusing solely on automation.
Prachi Pradhan ·
ServiceNow AI Crosses $1 Bn ACV as Enterprise Demand Lifts Q2 Revenue
The AI annual contract value has topped $1 billion as agentic AI deployments surged ninefold in nine months. The company raised full-year subscription revenue guidance after beating Q2 estimates.
Ajay Rag ·
ServiceNow Invests $40 Mn in BUSINESSNEXT to Accelerate Autonomous Banking
The companies said the investment will be used to expand autonomous banking capabilities and private AI deployments for banks and financial institutions.
Siddharth Jindal ·
GitHub Tightens Bug Bounty Rules as AI Changes Security Research
GitHub is introducing a VIP bug bounty tier and limiting new researchers' submissions as it seeks to curb low-quality, AI-generated vulnerability reports.
Prachi Pradhan ·
AI4Bharat Builds 4,000-Test Benchmark, Finds AI Judges Fail Half the Time
AI4Bharat has created FOCUS, a benchmark designed to measure how well evaluator VLMs detect mistakes across both image-to-text (I2T) and text-to-image (T2I) tasks.
Prachi Pradhan ·
Uber Co-Founder’s Startup Raises $1.7 Bn Led by a16z
The funding consolidates Travis Kalanick’s businesses under a single equity structure as Atoms expands its industrial AI strategy across manufacturing, mining, transport and food.
Supreeth Koundinya ·
AMD and Kimi Deliver 3.2× Lower Latency for Coding
AMD and Moonshot AI rebuilt the inference software behind Kimi's coding model for AMD GPUs, reporting up to 3.2× lower tail latency and 7.7% higher token throughput on agentic workloads.
Supreeth Koundinya ·
US Accuses Moonshot AI of Distilling Anthropic’s Fable to Build Kimi K3
The allegations mark the latest escalation in the US-China AI rivalry, bringing model distillation and intellectual property protection back into focus.
Siddharth Jindal ·
AMD to Invest Up to $5 Bn in Anthropic, Supply Up to 2 GW of MI450 GPUs
Anthropic will use AMD’s Helios systems for training and inference, while AMD adopts Claude across its engineering teams.
Siddharth Jindal ·
STT GDC India Launches Rajasthan’s First High-Performance Data Centre in Jaipur
With the launch, STT GDC India has expanded its national network to 34 data centres across 10 cities.
Shalini Mondal ·