Artificial Intelligence

TCS wage bill rises Rs 10,000 crore despite 23,000 fewer employees in FY26; restructuring at Rs 1,388 cr

The company said Rs 1,268 crore of the total restructuring provision was utilised in FY26 itself, indicating that most of the cost tied to employee exits and related measures has already been absorbed.

Reskilling, education reforms needed to harness AI potential: KV Kamath

"Building an LLM (large language model) is not necessarily the end of it... We should now look for where the application lies," Kamath said.

TCS Q4 results: Annualised AI revenue grows to $2.3 billion as AI deployment gains pace

In Q4, TCS announced a multi-dimensional strategic partnership with OpenAI, including developing AI infrastructure in India, with 100MW capacity in the initial phase, and an option to scale to 1 GW.

TCS reduced its head count over the full year by 3.9%

For the quarter, TCS' headcount increased by 2,356 employees on a net basis in the March quarter of FY26 (Q4FY26).

TCS reverses two-quarter headcount slide, adds 2,356 employees in Q4FY26

The latest reduction adds to a longer-term shift at TCS, which reported a fall in headcount in FY24 for the first time since its listing in 2004, marking a break from years of steady workforce expansion.

Indian IT firms face pricing pressures as AI deflation gets real in FY27

In FY26, Indian IT companies have seen around 5 to 15 percent revenue compression in areas where AI-led productivity gains are visible and measurable.

Waiting for DeepSeek: New model to test China's AI ambitions

More than a year has passed since the startup put Chinese AI on the map in early 2025 with a low-cost chatbot that performed at a similar level to US rivals

Meta eyes AI comeback with Muse Spark launch

Meta’s Muse Spark AI model launch comes after spending billions over the past year to rebuild its AI strategy and recruit top researchers within Meta Superintelligence Labs.

Meta debuts first AI model from prized superintelligence group

The model is the first major test for Zuckerberg’s new AI lab, known as MSL.

Creator-led commerce to hit $25 billion, influence 30% of India’s retail spend by 2030: Google-Deloitte report

Gen Z consumers will soon dominate India's online shopping base, accelerating digital-first experiences and personalised experiences. It will account for 45% of online spend by 2030, according to Google-Deloitte report.

Wipro-Mindsprint deal signals M&A surge in Indian IT as growth slows

Moreover, the deal spree also comes amid criticism that IT firms have not meaningfully deployed their sizeable cash reserves into future growth areas

Why Sam Altman was fired: New report reveals OpenAI board’s ‘lying’ and deception allegations

New details point to internal memos, Slack messages and long-standing concerns about transparency that led to Altman’s brief removal.

Anthropic unveils Mythos, an AI model so powerful it can out-hack most humans

Anthropic's Claude Mythos Preview will be available to select tech and cybersecurity firms like Amazon, Apple, Google, Microsoft, Nvidia, CrowdStrike, Palo Alto Networks through a new cybersecurity initiative called Project Glasswing.

India’s consumer tech is shifting to AI-led growth as customer acquisition gets cheaper: Bessemer

Companies are generating thousands of tailored creatives for micro-segments, continuously refining them based on user behaviour, the report said.

Anthropic's revenue run rate surpasses $30 billion as Claude demand accelerates

Anthropic said the number of business customers spending more than $1 million annually has doubled to over 1,000, from more than 500 in February 2026.

TCS Q4 preview: AI strategy, steady margins, FY27 outlook among five things to watch out for

Brokerages expect TCS to outpace Tier-I rivals in growth for the fourth quarter ended March 31

HCLTech’s US arm to cut 120 jobs in Orlando

The layoffs mirror a recent Infosys move in the US, highlighting a broader trend of headcount correction among Indian IT firms tied to slowing or ending client engagements

OpenAI, Anthropic, Google unite to combat model copying in China

The rare collaboration underscores the severity of a concern raised by US AI companies that some users, especially in China, are creating imitation versions of their products that could undercut them on price and siphon away customers while posing a national security risk.

PhD economist says his job now is removing ‘em-dashes’ from AI writing, post goes viral

US economist’s viral X post reveals how AI is reshaping academic work, with professionals now editing machine-generated text to make it appear human

Wipro wins $1-billion Olam deal, to acquire IT arm Mindsprint

The unit, which employs over 3,200 professionals, is important to Olam’s digital transformation efforts and brings domain-led capabilities in supply chain, digital platforms and proprietary solutions.

AI at war: Five things to know about Project Maven

Project Maven is the Pentagon's flagship artificial intelligence program, launched in 2017 as a narrow experiment to help military analysts make sense of the torrent of drone footage pouring in from conflict zones.

The $100 million ARR rush: Inside the metric being rewritten in the AI boom

AI startups are making money in very different ways. Revenue now comes from usage as much as subscriptions, and is often annualised from recent activity. That shift is changing how companies present ARR and how investors read it.

Trump admin appeals ruling that blocked Pentagon action against Anthropic over AI dispute

Department of Justice attorneys filed a notice in San Francisco federal court on Thursday of their intention to appeal last week's ruling by US District Judge Rita Lin.

OPINION | AI’s New Economics: What India must get right now

AI is not just scaling through better models, it is scaling through new ways of financing those models, and that is where the real competition is now shifting

Everything, everywhere all at once: Filmmaking gets a hybrid twist in Bengaluru studio

Collective Artists Network's Cinematic Labs, a small physical space, shows how hybrid filmmaking is the way forward with stunts, movements being captured in the physical studio with real-time AI editing

Can OpenAI spend NASA’s yearly budget in four months? The viral math behind its $122 billion fund raise

A viral claim says OpenAI may have just 18 months of runway. Reported numbers suggest the burn is real, but the math is more complicated.

ixigo-backed SqaaS rolls out agent platform ShellBot as the travel firm deepens AI push

An AI agent platform like ShellBot can manage your daily tasks like replying to emails, schedule meetings and ping you across apps like WhatsApp, Gmail, Slack or Teams.

Anthropic rushes to limit the leak of Claude Code source code

The artificial intelligence startup is also taking steps to tweak its internal systems to prevent a similar leak from happening again, including by improving its automation process.

Google faces calls to prohibit AI videos for kids on YouTube

More than 200 children’s specialists, advocacy groups and schools sent a letter to Google Chief Executive Officer Sundar Pichai and YouTube CEO Neal Mohan on Wednesday raising concerns about what they view as a lack of substance in many AI-generated YouTube videos that claim to be educational.

Oracle layoffs: Budget squeeze hits workforce; Cerner healthcare unit among worst affected

Moneycontrol spoke to several Oracle employees across the country, who said teams were asked to meet specific budget cuts rather than reduce a fixed percentage of workforce.

Oracle layoffs: Is India paying the price for its global AI push?

The layoffs, which impacted nearly 50 percent of Oracle’s India workforce, are part of a broader global restructuring that has seen about 30,000 jobs cut worldwide.

AI becomes creators’ ‘mini-accountant’, reshaping how influencers manage money

Many content creators in India are using AI not just for tracking income, but also for contract reviews, invoice management, and understanding diverse revenue streams.

AI could cut workweek, cure cancer but risks remain for workforce: J P Morgan CEO

While emphasizing AI's role in curing cancer and preventing car crashes, the banking leader also acknowledged some of the adverse effects AI could have on the US workforce.

Inside the Anthropic leak: 4 hidden Claude features that could redefine AI forever

The incident, described by the company as a “release packaging issue caused by human error,” exposed internal source code that included feature flags for tools still under development.

OpenAI valued at $852 billion after completing $122 billion round

Amazon.com Inc. agreed to invest $50 billion in the round, while Nvidia Corp. and SoftBank Group Corp. each put in $30 billion

Bachatt raises $12 million in funding led by Accel to expand AI-led savings, credit play

The company is targeting India’s 300 million-strong merchant and self-employed base with flexible debt mutual fund savings, while preparing to launch AI-led wealth advisory and instant credit offerings

India’s chip hiring spreads beyond Bengaluru; Hyderabad, Gujarat gain ground

The country’s semiconductor Global Capability Centres now employ over 65,000 professionals, but growth has slowed to about 3% over the past 12 months.

Gnani.ai raises $10 million from Aavishkaar Capital, Info Edge Ventures

The funds will be used to expand global footprint, invest in agentic AI capabilities, build multilingual and industry-specific solutions and strengthen engineering and product teams, the company has said

Emergent’s $100 million ARR puzzle: What counts as revenue in the AI era 

As AI startups blur the lines between subscription and usage-based models, Emergent’s rapid rise is putting revenue metrics under the spotlight

MS Dhoni invests in AI-led storytelling platform Kuku

Bengaluru-based Kuku operates a range of storytelling apps including Kuku TV (microdramas), Kuku FM (audio storytelling), and Guru (edutainment).

Hormuz disruption tests India's chip resolve, exposes weak links in gases, petrochemicals and power

From helium shortages to LNG-linked cost spikes, the Gulf crisis is beginning to squeeze India's semiconductor ambitions

Microsoft set for worst quarter since 2008 as AI fears converge

Although Wall Street remains optimistic that it will emerge as a long-term winner from AI, Microsoft still has to keep up with the hyperscaler spending race, a posture that could complicate any near-term sentiment reversal.

SoftBank secures $40 billion loan to boost OpenAI investments

The Japanese investment conglomerate, led by founder Masayoshi Son, continues to strengthen ties with OpenAI as global tech firms race to gain an edge in the increasingly competitive generative AI space

Anthropic wins court relief after judge halts Pentagon’s supply chain risk label

US District Judge Rita Lin on Thursday said she was also blocking President Donald Trump's directive ordering all federal agencies to stop using Anthropic.

Chip selloff deepens after Google touts memory breakthrough

Four hyperscalers, led by Amazon.com Inc. and Google, plan to spend about $650 billion this year to build data centers, scooping up Nvidia Corp.’s AI accelerators and related memory chips.

How AI boom is reshaping global chip industry

Surging demand for artificial intelligence has pushed semiconductor companies to the centre of global markets, driving valuations, revenues and competition to new highs

OpenAI indefinitely pauses plans to release erotic chatbot: Report

Employees and investors have raised concerns about the effect of sexualized AI content on society, the report said

Sam Altman’s blunt warning: AI is getting cheaper than human labour

Sam Altman tells Forbes AI will become cheaper than human labour, flags job disruption, reskilling needs, and India’s rapid AI adoption.

Meta boosts top executives' pay with stock options as AI race heats up

The options are the social media giant's first for its top brass and require steep stock milestones

Trump taps Zuckerberg, Andreessen and Huang for tech council

Trump has taken interest in establishing what the White House casts as “American dominance” in AI and digital assets.