OpenAI secures $110 billion funding boost from Amazon, Nvidia, SoftBank
Amazon is investing $50 billion in the round, while SoftBank Group and Nvidia have each committed $30 billion, OpenAI said
Optimum Solutions, ABeam set up GCCs in Hyderabad, Chennai; plan 2,000 hires by 2030
This expansion plan positions India as a strategic execution backbone for the partnership’s global transformation programmes.
Deepfakes need consent, platforms need checks: Vaishnaw flags new internet reality at Rising Bharat Summit
Ashwini Vaishnaw says the internet’s nature has changed and calls for measures to protect judiciary and legislature from platform-driven content risks.
Ashwini Vaishnaw says India has among highest AI diffusion rates, calls for AI infrastructure push
Ashwini Vaishnaw says India has high AI diffusion in consumer and enterprise sectors and calls for AI infrastructure and shared responsibility.
IT CEOs push back against AI disruption fears, warn of tough transition phase
The IT sector expects an AI-driven investment surge from enterprises, prompting companies to revamp their positioning and business models to capture rising demand.
Creative destruction will be brought upon by Al, says Telecom Minister Scindia at Rising Bharat Summit 2026
Scindia said AI would mark another major inflection point for the country
Are AI-fearing IT doomsayers jumping the gun?
This is a disruption on a scale not seen before. IT companies have proved their ability to reinvent themselves in the past. There is reason to be optimistic, even if cautiously
AI automation at world's largest bank: JPMorgan CEO Jamie Dimon confirms 'huge redeployment plans'
The lender - the world's largest by market value - spends nearly $20 billion annually on technology and has laid out plans to become "fundamentally rewired" for the AI era.
'Was advent of Microsoft Office substitute for office workers?' Citadel Securities trashes Citrini's dystopian AI report
Citrini founder James van Geelen has described the 2028 outlook as a hypothetical scenario, not a formal prediction.
Markets underestimating complexity of enterprise AI rollout: Cognizant AI Officer Hodjat
Babak also said that enterprises do not need perfectly organised data before deploying AI, as agent-based systems can work across fragmented environments.
India accounts for 15-17% of the global IT consulting and services market: BCG
The report argues that India needs to expand beyond IT services, into other growing segments such as hyperscalers, semiconductors, deeptech – for the next decade of its tech market.
Large enterprises are doubling down on tech spend, about 20% of budget earmarked for AI: McKinsey’s Noshir Kaka
Customers are coming for vendor consolidation and while bundling their work and spend, they are also expecting 20-40% productivity gains, Kaka tells Moneycontrol
OpenAI appoints startup founder Arjun Gupta as first 'Solutions Architect' in India
His appointment comes as demand grows in India for hands-on architectural support, with AI adoption moving beyond experimentation toward enterprise-grade implementation.
TCS CEO pushes for AI-first solutions, even at the risk of cannibalising revenue
TCS is not just encouraging but insisting that all employees become 'AI-fuelled', says K Krithivasan
India's IT industry to hit $315 billion in FY26 as AI revenues reach $10-12 billion: Nasscom
The projection implies a 6.1% growth rate for FY26, a marginal improvement over the estimated 5.9% expansion in FY25.
Market's reaction to IT industry is overblown: HCLTech’s C Vijayakumar
IT industry is undergoing a “painful” AI transition but it will emerge more relevant as the current inflection will make the sector significantly “reinvent” itself, Vijayakumar said.
AI slashes modernisation costs 10x but expands tech opportunity, says Nasscom's Velamakanni
Nasscom vice chairperson Srikanth Velamakanni said modernising an estimated 800 billion lines of legacy code at about $2 a line could translate into a $1.6 trillion opportunity enabled by AI
Bengaluru to get France’s Station F-like AI Superpark; NVIDIA, Bharat1 to house over 25,000 researchers
Planned as India’s largest dedicated AI innovation campus, the project outlays nearly 4 million square feet of commercial research and development space spanning AI labs, startups, applied research centres, and product companies.
'A tsunami is coming': Anthropic CEO Dario Amodei joins Nikhil Kamath for an unscripted AI talk on his podcast
Nikhil Kamath announces podcast with Anthropic CEO Dario Amodei, who warns AI’s economic and geopolitical impact will be enormous.
'Defining moment': Goyal links Lula visit to India’s FTA push and AI partnership play
India and Brazil seek deeper trade and AI ties as Lula visits Delhi, with Goyal highlighting FTAs, growth ambitions and expanding strategic cooperation.
India emerges as OpenAI's second-largest market, 18-24 age group leads ChatGPT usage: Report
Beyond professional tasks, TechCrunch reported that 35% of Indian users' messages seek guidance, 20% involve general information queries, and another 20% request writing assistance or content generation
India weighs fresh cyber law amid rising AI-led threat; Airtel-Zscaler set up research center
The announcement signals a broader policy pivot—from responding to cyber incidents to building proactive, AI-enabled defence systems
AI for agriculture to mother-tongue education: PM Modi's blueprint at big-tech roundtable
The meetings took place alongside the India AI Impact Summit at Bharat Mandapam from February 16-20, which brought together more than 500 global AI leaders, 150 academicians and researchers, and 400 chief technology officers, vice-presidents, and philanthropists
India AI Impact Summit declaration expected on Feb 21; signatories cross 70: Ashwini Vaishnaw
Vaishnaw said that “all major countries that matter in AI” have signed the declaration as of now.
TCS, Infosys, HCLTech CEOs strike confident note amid AI fears
Their remarks come amid $300 billion global tech stocks correction and concerns that generative AI tools could automate large swathes of coding and enterprise software work.
