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Karnataka govt clears AI Centre of Excellence in partnership with NASSCOM

AI Centre of Excellence will come up at KEONICS’ HSR Layout facility in Bengaluru, with a total outlay of Rs 20 crore over four years, aimed at accelerating AI adoption and Industry 4.0 innovation.

Tredence opens new AI centre in eastern India, plans to scale workforce to 1,000 by 2027

The company said its overall workforce is about 4,200 employees globally.

Davos 2026: All major global technology players want to have a big presence in India, says Ashwini Vaishnaw

From AI investments to semiconductor momentum and the idea of an India-hosted Davos, Union IT minister Ashwini Vaishnaw lays out how global boardrooms are reading India right now.

Davos 2026: ‘Autumn Davos’ in India likely in 2027, says Ashwini Vaishnaw

Minister says talks with World Economic Forum were underway

Davos 2026: India needs to do more on AI models, 6 to be showcased at Impact Summit, says Ashwini Vaishnaw

India’s next AI breakthrough likely to come from maths or engineering, says Minister for Electronics and Information Technology Ashwini Vaishnaw

Davos 2026: Up to $100 billion investments may be announced at India AI Impact Summit, says Ashwini Vaishnaw

Minister says tech ecosystem showing strong interest across AI, chips, infrastructure and energy

WEF 2026: BPO is Cognizant’s fastest-growing business, says CEO Ravi Kumar

Cognizant CFO Jatin Dalal also weighed in on the intertwining of the operations and tech shift, saying it is forcing companies to rethink how services are priced in the AI era

AI to fast-track unclaimed share refunds; small claims to be processed in 7 days

The total number of unclaimed shares lying with the Investor Education and Protection Fund Authority is around 1 billion, valued about Rs 1 lakh crore

Pocket FM ropes in former Meta scientist Vasu Sharma to spearhead its AI efforts

Former Meta AI scientist Vasu Sharma said he will focus on advancing the Pocket LLMs and bolstering Pocket FM's creative assistant, AI CoPilot, for writers everywhere.

Davos 2026: Europe invests significantly less in AI than others, needs to step up, says McKinsey’s Kim Baroudy

Baroudy highlighted that despite being stringent with its regulations and frameworks, Europe’s regulated industries have been much more ambitious on AI and technology as compared to other countries.

Davos 2026: Wipro doing the right things under CEO Srinivas Pallia, says Premji

Premji said AI will create wider opportunities for technology services firms, from advisory work to implementation and delivery at scale.

Davos 2026: Indian IT is not lagging in AI, says Wipro chairman Rishad Premji

Talking about job and revenue deflation concerns stemming from AI, Premji tells Moneycontrol that the transition does not necessarily mean less revenue or fewer people, 'it just means a redistribution of what you’re doing'

Private equity piles into AI-led digital engineering, pushing average tech M&A deals past $200 million: Avendus

Global digital engineering services are set to grow at a 22% CAGR and expected to cross $550 billion by 2030 with the AI layer alone adding around $275 billion, says Avendus report

Mistral AI in talks to set up Bengaluru GCC, eyes phased engineering-to-research expansion

Mistral’s rivals are also moving into India. Anthropic plans to open a Bengaluru office in early 2026, while OpenAI has said it will set up its first India office in New Delhi.

Davos 2026: Indian govt taking a responsible, thoughtful approach to AI innovation, says Meta's Joel Kaplan

Meta's global policy chief Joel Kaplan told Moneycontrol that application layer is the right place for India to make the investment since the scale of investment to build foundation models is quite significant.

Davos 2026: India 'hugely important' for Meta's wearable and AI device strategy, says CTO Andrew Bosworth

Meta CTO Andrew Bosworth told Moneycontrol at Davos 2026 that the social media giant is eager to bring its wearables to India, since the demand has been huge.

Karnataka’s AI-based attendance system now tracks 1.3 lakh government employees

Kartavya, state’s in-house AI-driven attendance platform developed by Centre for e-Governance, is being rolled out across departments to replace biometric devices

Karnataka to set up AI Centre of Excellence for public sector innovation in Bengaluru

Karnataka’s Centre for e-Governance has identified a fully furnished 20,000 sq ft facility in Bengaluru, with CoE operating under IndiaAI Mission’s 40:40:20 funding model.

Davos 2026: India is our second-largest enterprise market as RoI drives adoption, says ElevenLabs

ElevenLabs’ India play initially accelerated through content creation and dubbing across multiple languages, but Reina said the next wave of growth is increasingly coming from “Agentic” deployments.

Voice AI startup Bolna raises $6.3 million in seed round led by General Catalyst

Since its first commercial deployment in May 2025, Bolna has scaled from handling about 1,500 calls a day to over 200,000 daily calls, marking a growth of more than 13,000 percent.

OPINION | The Great Compute Crunch: Why India’s AI destiny depends on backend infrastructure

The strategic pivot must be toward the "infrastructure layer"; comprising sovereign cloud architectures, orbital computing arrays, and domain-specific edge silicon. These backend companies are what will thrive immensely

AWS, OpenAI likely to come in as anchor tenants for TCS' Navi Mumbai data centre; TCS scouts sites in other states

Discussions with potential clients are at an early stage and no binding agreements have been signed. The focus is on hyperscalers and AI-led firms looking for large-scale, high-density computing infrastructure

LTIMindtree to close FY26 with 8,000 freshers onboard; CEO Venu Lambu says ‘future of IT hiring is skill-based’

LTIMindtree plans to run a structured programme to attract talent from premium colleges while also paying them higher than regular freshers, the CEO told Moneycontrol in an interview

Davos 2026: India should focus on applied AI, there are enough foundation model providers, says Google DeepMind CEO Demis Hassabis

"Indians love AI and they love using it. I think it's going to be a great technology for India economically" Google DeepMind CEO Demis Hassabis told Moneycontrol at Davos 2026

Davos 2026: Publicis Sapient's Nigel Vaz says enterprises see more value in AI

Clients, he noted, are no longer spending on AI because it sounds futuristic. Every discussion now centres on value.

Emergent raises $70 million from Khosla Ventures and SoftBank at $300-million valuation as AI funding stays hot

Emergent will use the funds to launch new products, strengthen offerings to smartphone users, kickoff enterprise relationships (B2B sales), hire more employees and set up an office in Europe, Mukund Jha, co-founder and CEO, told Moneycontrol.

OPINION | What AI changes for mobile developers - and what it doesn't

AI changes the tools, cost structures and even what users expect. What it doesn't change: the hard work of figuring out what's worth building, for whom, and why they'll care. That's still the game

Davos 2026: Long-time India fan Siemens sees huge AI data centre opportunity, says Cedric Neike

Neike said companies like Siemens are benefiting from the data centre boom because next-generation facilities look more like industrial systems than conventional server rooms.

Davos 2026: AI is continuously improving despite perception that excitement has faded, says Andrew Ng

In an interview to Moneycontrol at Davos 2026, Andrew Ng speaks about why open source should be key to India's AI strategy, why fears of mass AI-driven job losses are overstated, Google's comeback and the 'white-hot' AI race

Davos 2026: Clients have learnt to operate amid geopolitical uncertainty; it’s the new normal: HCLTech’s C Vijayakumar

“If you don't re-imagine the business, I don't think IT will be the big engine of jobs in India," Vijayakumar told Moneycontrol at World Economic Forum in Davos.

Davos 2026: “Only a fool would overlook India,” says Cerebras CEO Andrew Feldman on AI partnerships

Feldman says India’s talent, infrastructure push and partnership ecosystem make it impossible for global AI companies to ignore the country.

Davos 2026: US becoming less immigrant-friendly is a 'huge unforced error', says Andrew Ng

The United States has steadily tightened its visa regime since President Donald Trump returned to power in 2024.

Davos 2026: Cyber-enabled fraud is India’s most urgent digital risk, says WEF’s Akshay Joshi

Joshi said cyber fraud now affects individuals and enterprises alike

Davos 2026: Are we in an AI bubble? Andrew Ng says it depends on where you look

In an interview to Moneycontrol, Andrew Ng says he remains cautiously optimistic and generally bullish about the sector and most of the leading players in the field

Davos 2026: Andrew Ng says AI-driven job losses have been overstated

The AI researcher says most roles remain only partially automatable, though a small set of jobs faces real disruption

Davos 2026: Indian enterprises will be global role models for AI adoption, says ServiceNow vice-chairman

Calling it “the India century,” Tzitzon said he sees an explosion of energy and innovation across the country, including in Delhi, Hyderabad, Bangalore, and Mumbai.

Davos 2026: Google’s having a moment but AI landscape is ‘white hot,’ says Andrew Ng

In an interview to Moneycontrol, Andrew Ng said Google's Gemini and OpenAI's ChatGPT are the two market leaders in horizontal information discovery but there is room in coding and many other business verticals.

Davos 2026: Andrew Ng backs open source as key pillar of India’s AI strategy

At Davos, the AI pioneer says contributing to open models may secure India’s long-term AI access more effectively than sovereign control alone

Davos 2026: Fragmentation a global concern that could slow the pace of AI innovation, says WEF’s Stephan Mergenthaler

AI has been at the heart of the discussions in Davos for several years, but what has shifted is looking at the technology through the lens of practical applications, Mergenthaler told Moneycontrol at Davos 2026.

Davos 2026: India hitting energy transition milestones early, but AI power demand, energy security next tests: WEF’s Roberto Bocca

Bocca said India has a “very ambitious plan” and is already achieving some of the key milestones “even earlier than planned,” pointing to India’s progress in building renewable capacity and expanding electricity infrastructure.

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