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Indian IT firms well placed for AI services, says Ashwini Vaishnav amid job loss fears

The focus on AI-driven modernisation of legacy systems creates a significant opportunity for Indian IT firms even as the industry navigates workforce transitions, the minister tells Moneycontrol

Centre extends AI Impact Summit by a day till February 21: IT secretary

Bharat Mandapam will have restricted events on February 19th. People are advised not to come to the summit tomorrow, S Krishnan said

India AI summit: AI adoption key to India’s goal of doubling steel capacity expansion within a decade, says steel secretary Sandeep Poundrik

Sector would need $200 billion worth of investment, says steel secretary

AI Summit: Systems can win Math Olympiad gold but still make mistakes at elementary maths, says Google DeepMind’s Demis Hassabis

Today's AI systems are impressive but they still have many flaws, with consistency being a crucial one, Google DeepMind CEO Demis Hassabis said at India AI Impact Summit in New Delhi.

Why IIT-Madras Director Kamakoti believes AI disruption will be a blessing in disguise for core engineers

Kamakoti, who was recently awarded with a Padma Shri, said the type of IT jobs that attracted non-computer science graduates are increasingly vulnerable as AI automates routine and mundane work.

AI Summit: Microsoft India continues to hire for demand-driven skills, says Puneet Chandok

In 2025, the tech giant cut its work force in India and globally by around 15,000.

Galgotias University asked to vacate AI Summit following Chinese robot claim: Govt sources

The university was embroiled in a controversy on the day 2 of the summit held in Delhi, after it misrepresented a Chinese robot as its own innovation

OPINION | Evaluating India’s generative AI copyright framework and the DPIIT proposal

DPIIT proposes a mandatory blanket AI training licence with revenue-based royalties, raising concerns over fairness, rate-setting, compliance burdens, and unresolved personality rights implications

Why Jensen Huang missed India's AI Impact Summit: Nvidia executive explains

Vishal Dhupar, NVIDIA MD for South Asia, said Huang was unwell after weeks of extensive travel

Google DeepMind CEO says AI offers 'huge opportunity' for India's youth: 'You have all the tools'

CEO Demis Hassabis noted that tech is 'not there yet' when it comes to artificial general intelligence as there are certain things it still can’t do

AI Summit: "You need the best of model and product at enterprise scale" ElevenLabs CEO Mati Staniszewski on the Sarvam AI threat

ElevenLabs co-founder Mati Staniszewski spoke to Moneycontrol about why India is important to the voice AI company, Bengaluru office plans, and expanding their offerings beyond voice

Tiger Global, Adage Capital trimmed stakes in AI heavyweights in Q4

Tiger Global trimmed its stake in Microsoft to 5.47 million shares during the fourth quarter from 6.5 million shares as of September 30, 2025

AI Summit: Nvidia deepens India push with AI factories, sovereign cloud collaborations

Nvidia's India AI partnerships range from cloud providers to global system integrators and major industrial software firms.

'Have met every Bollywood studio': Talent, not tech, is real bottleneck in AI filmmaking, says Invideo CEO at AI Summit

Vikram Malhotra's Abundantia Entertainment along with Invideo are investing Rs 100 crore in AI-led film studio that is working towards a slate of 5 AI-driven films over the next 3 years.

AI now contributes 5.5% to Infosys revenue, clocks $275 million as monetisation gathers pace

India’s largest IT services firm TCS is running at about $1.8 billion in AI services revenue, while peer HCLTech has reported $146 million, or roughly 4% of total revenue.

AI Summit | India AI Mission to focus on applications, datasets, compute infrastructure in next 12 months: CEO

CEO Abhishek Singh says focus will remain on real-world deployments, datasets, and adoption layer; stresses governance and deepfake safeguards

Meta flags operational challenges with MeitY’s 3-hour takedown mandate under IT Rules amendments

Rob Sherman, Meta’s VP and Deputy Chief Privacy Officer, says virality concerns are valid but warns that compressed timelines could be an operational challenge for platforms

Pocket FM's creator-driven revenue cross Rs 300 crore amid AI-driven content boom

Pocket FM states that 300K creators publish using AI on the platform. Targets 1 million creators by 2026.

AI Summit: Somebody who has worked at Cisco for 15-20 years is considered unemployable, says Vinod Khosla

“(Earlier) they always trusted an IBM over a startup...Now, they always trust a startup over an IBM," Khosla said while highlighting how much credibility startups have gained over the years.

Inclusive AI systems should be core to India’s AI journey: Stats secretary Saurabh Garg

Ensuring that access remains inclusive, particularly through tools such as semantic search, will help democratise the benefits of AI rather than restrict them to a small group of users

PM Modi's reassurance amid concerns over job losses due to AI: 'Preparation best antidote to fear'

PM Modi said that history has shown that work does not disappear due to technology. "Its nature changes and new types of jobs are created. While some jobs may be redefined, digital transformation will also add new tech jobs to India's economy," he said.

India AI Summit: From grassroots to enterprises, TCS and HCLTech lay out AI playbooks

TCS demonstrated AI at the grassroots, while HCLTech focused on deploying AI across core business and engineering operations.

AI Summit: Emergent growing faster than the fastest growing company I had seen before: Khosla Ventures’ founder Vinod Khosla

Emergent, which reportedly achieved an Annual Recurring Revenue (ARR) of $50 million in January has seen its ARR double to $100 million in less than a month, Khosla, an investor in Emergent, told Moneycontrol

Multiple companies keen on memory chip manufacturing in India: Vaishnaw

Vaishnaw indicated that India’s semiconductor ambitions are expanding beyond assembly and packaging into deeper technology layers.

No one will need jobs by 2050, says Vinod Khosla in latest AI prediction

He argued that rapid advances in artificial intelligence will fundamentally disrupt traditional employment structures, particularly in countries like India that have relied heavily on IT-led growth.

Moneycontrol Pro Panorama | Bridging the gap between AI narratives and reality

In this edition of Moneycontrol Pro Panorama: India’s opportunity to shape global AI governance, market signals hint at looming sectoral stress, dollar dominance tested by trade shifts, balancing free speech with hate speech limits, and more

Will AI take over your job? Tracking predictions from tech bosses and experts

From '85 million jobs displaced' to 'half of white-collar work wiped out': A running record of the most consequential AI-and-labour predictions.

AI is a root-and-branch reset for businesses, says Infosys' Nandan Nilekani

Earlier shifts allowed enterprises to add a front-end or move applications from on-premise systems to the cloud without changing core processes but AI has upended the pace, Nilekani has said

AI Summit: 'I believe IT services will flourish if they deploy AI, be optimistic about India', says Zoho's Sridhar Vembu

According to Vembu, India has the momentum in AI adoption. “Today AI can write code really well,” he said, noting that this could significantly enhance productivity across industries.

Nandan Nilekani flags implementation gap, says AI models outpacing real-world use

While AI presents a major opportunity, the bigger risk for companies is execution. 'It’s not an opportunity risk, it’s an execution risk,' says the Infosys chairman

AI impact summit: 'Two kids in India can now compete with Salesforce,' says Replit CEO Amjad Masad

With the US becoming more restrictive on immigration, India is also the top choice for Replit's international expansion, Masad tells Moneycontrol

Writing code will no longer be the goal as AI reshapes tech jobs, says Infosys' Nandan Nilekani

Nilekani said enterprises will need new skills focused on AI engineering, agent orchestration, and managing non-deterministic systems, where the same prompt can generate different outcomes each time.

AI Summit: Philips is using India's innovation power to scale up AI application globally, says CEO Roy Jakobs

Philips sees India as both a development hub and a launchpad for global AI applications.

'No longer just IT services', Wipro to pitch AI pivot at India Impact Summit

Infosys, Cognizant, and HCLTech have all affirmed a similar shift, telling investors that AI-led platforms and productivity gains are redefining their business models

Neysa to triple revenue by FY27; expect strong demand from AI firms, SaaS startups: Co-founder Sharad Sanghi

Sanghi is in talks with coding companies and US-headquartered AI giants, including Perplexity, OpenAI and Anthropic, as they expand their footprint in India with research and development and AI solutions

India AI Summit: AI must be accessible, affordable and accountable; India needs indigenous AI, says Amitabh Kant

Kant observed that large volumes of data originating from developing economies are already being used to refine global AI models

AI Summit triggers premium rush in NCR, hotel rates double as top suites cross Rs 5 lakh

With premium properties charging anywhere between 50% to over 200% higher than early March levels — and in some cases even more — the surge highlights how major events and high-profile gatherings like the AI summit are reshaping hotel pricing power across the NCR ecosystem.

AI Summit: Centre open to mid-course corrections in IndiaAI Mission, says Meity secretary S Krishnan

The report is a result of a collaboration between UNESCO and Ministry of Electronics and Information Technology.

Why Anthropic says engineers 'matter more than ever' even as AI writes the code

Anthropic says its AI writes nearly all internal code, but insists engineers are “more important than ever” amid white-collar job fears.

Alibaba unveils major AI model upgrade ahead of DeepSeek release

Alibaba has been among the most aggressive investors in and advocates for AI since DeepSeek reinvigorated the local tech industry.

PM Narendra Modi inaugurates India AI Impact Expo 2026

Spread across 10 arenas, the AI Impact Expo covers more than 70,000 square metres, bringing together global technology firms, startups, academia and research institutions.

TCS, AMD to bring ‘Helios’ AI architecture to India; target 200 MW AI-ready data centre blueprint

Under the collaboration, TCS — through its subsidiary HyperVault AI Data Center Limited (HyperVault) — and AMD will co-develop the architecture that will be purpose-built to support 'sovereign AI factories' aligned with India’s national AI initiatives.

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