AI News
Reporting, analysis and features from AIM's AI News section.
Wipro’s Large Deals Tumble 59% as IT Services Revenue Stays Flat
Wipro's operating margin widened sequentially, while operating cash flow rose 61.3% to $553.6 million from the June quarter.
Mukundan Sivaraj ·
Figma Research Finds AI Speeds up Product Building, Raises Quality Concerns
A survey of more than 500 Indian respondents found growing adoption of design AI, faster workflows, and rising concerns about generic AI output.
Sanjana Gupta ·
US-Based Reflect Orbital Books 2 Skyroot Launches for Its Spacecraft
The agreement expands Skyroot Aerospace’s commercial launch pipeline as Reflect Orbital develops satellite-based lighting services.
Sanjana Gupta ·
Gartner Warns $3.5 Trillion of AI Infra Spending Vulnerable to Diminishing by 2030-End
The research firm warns AI infrastructure spending could outpace revenue, which exposes trillions in assets to write-down risk and consolidates the neocloud market.
Mark Philip Jayan ·
TCS Launches Industrial Intelligence Foundry for Manufacturing AI
The offering targets product development, production, asset performance and quality management, with TCS projecting productivity gains of up to 25%.
Mukundan Sivaraj ·
IIT Kanpur to Invest in AI, Quantum Computing and Semiconductors Through $1 Bn Campaign
The campaign brings alumni, donors, companies and government partners together to fund these projects.
Siddharth Jindal ·
Workday Launches Work Intelligence to Help Companies Prepare Jobs for AI
The new tool provides a task-level view to help companies decide where AI can support work and where employees need to develop new skills.
Siddharth Jindal ·
Sachin Katti To Leave OpenAI After Leading Major Compute Expansion
He is slated to leave the company on November 15 and continue as an advisor after overseeing major infrastructure deals and the launch of GPT Infra.
Kileuna Haralu ·
Anthropic Revenue Jumps 46% to $16.8 Bn Ahead of IPO
In a meeting with investors in San Francisco, the company said it was profitable on an adjusted basis and generated positive cash flow during the quarter.
Siddharth Jindal ·
Figma Expands Into Coding, Hosting as CEO Rules Out Covering High-Traffic Bills
Figma said its new AI-powered tools will expand designers’ capabilities, while hosting costs could vary with traffic.
Sanjana Gupta ·
Mistral AI Models Run Aboard First Satellite of 50-Satellite AI Constellation
Orbitworks and Loft Orbital are deploying NVIDIA-powered satellites that process Earth observation data in orbit and deliver alerts in seconds.
Sanjana Gupta ·
DataLEADS, JanAI Plan 100 Swasth AI Hubs to Address India's Rural Health Needs
The hubs will conduct workshops, training, and community engagement in local languages to explain how AI can be applied responsibly in healthcare to students, faculty, and frontline healthcare workers.
Mark Philip Jayan ·
Odisha Approves ₹176.83 Crore Disaster Recovery Data Centre in Keonjhar
The Odisha State Data Centre (OSDC) will be established on the south campus of Dharanidhar University in the district.
Shalini Mondal ·
Accenture, Workday Launch Forward Deployed Engineering Programme for AI Agents
Engineers will work with client teams and Workday’s product staff to adapt agentic capabilities to enterprise workflows and inform future platform development.
Mukundan Sivaraj ·
TCS to Modernise Australian Financial Services Firm’s Core Banking Systems
TCS will deploy its BaNCS Global Banking Platform to help MyState consolidate its banking systems, business processes, data repositories, and customer service systems.
Mukundan Sivaraj ·
Forward Deployed Engineer Job Postings in India Grew Nearly 19x in a Year: Report
Forward Deployed Engineer positions appear across technology companies, consulting firms, startups, and specialist AI businesses, according to Indeed.
Kileuna Haralu ·
Anthropic Ditches Git In Its Monorepo, Builds In-House Version Control System
Scion cuts source control infrastructure requirements by 200 times as Anthropic rethinks code reviews, testing and merge queues for AI-generated code.
Supreeth Koundinya ·
Sarvam AI Launches Bulbul V4 Flash for Real-Time Speech in 11 Indian Languages
The model is priced at ₹20 per 10,000 characters, a one-third reduction from the ₹30 charged for Bulbul V3.
Siddharth Jindal ·
IBM, MeitY Startup Hub Sign MoU to Expand Technology Access for Deep-Tech Startups
The partnership will support startups working on AI, hybrid cloud and quantum computing through technical guidance, mentorship and enterprise engagement opportunities.
Ridhika Basnet ·
Parallel Loop Raises $6.6 Million to Make AI Work for Enterprises
Its AI stack is combined with forward-deployed engineers who work alongside client teams to connect existing systems, processes and organisational knowledge, and to build AI workflows and applications.
Mark Philip Jayan ·