ENTERPRISE SOFTWARE AI
AI majors building India base in Bengaluru boosting space demand
Bengaluru is rapidly becoming a global hub for AI innovation as major tech companies like Anthropic and OpenAI establish new offices. European firm Mistral AI is also in talks to open a capability center, drawn by the deep engineering talent.
Senior IT executives join AI party as startup founders
Senior Indian IT executives are launching their own AI startups, leveraging years of client contacts and enterprise knowledge to offer cost-efficient AI-led services. This trend is accelerating as agentic AI allows smaller, agile teams to compete with larger IT incumbents, filling niche market demands and attracting venture capital.
OpenAI B2B applications CTO Srinivas Narayanan announces exit after three years
Srinivas Narayanan, chief technology officer of business-to-business (B2B) applications at American AI company OpenAI, announced on Saturday that he will be leaving the company at the end of next week, marking the close of a three-year stint during a period of high-profile product launches.
Meet Srinivas Narayanan: IIT Madras alumnus who helped scale ChatGPT
Srinivas Narayanan, the Indian-origin senior executive is an alumnus of IIT Madras (Batch of 1995) and pursued Master’s programme in Computer Science from the University of Wisconsin-Madison. He will leave OpenAI at the end of next week. This marks a key leadership exit as the company rapidly expands its enterprise AI business.
White House and Anthropic CEO discuss working together amid rising fear about Mythos model
The meeting between CEO Dario Amodei and White House staff, which took place amid growing fears the AI startup's latest model will supercharge cyberattacks, suggests the two sides might be on a path to rebuilding trust.
Canva unveils new platform, transitions to ‘AI platform with design tools’ from ‘design platform with AI tools’
Design giant Canva unveiled its AI-native platform, Canva 2.0, powered by its own models. This shift transforms it into an AI platform with design tools, aiming for the next generation of users. The company also introduced a new AI Pass for enhanced AI capabilities.
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Samsung’s AI development is becoming more feedback-led, with India playing a larger role
Samsung's India R&D teams are significantly contributing to Galaxy AI features and flagship devices like the S26 series, with user feedback from channels like Samsung Members and service centers directly shaping product development. India-specific usage patterns are also influencing global software optimizations
Stellantis, Microsoft sign five-year partnership for AI push
Automaker Stellantis partners with Microsoft for five years. They will jointly develop artificial intelligence and cybersecurity. This collaboration aims to boost Stellantis' technology efforts. The partnership will also modernize Stellantis' IT infrastructure. This move helps Stellantis compete with tech-focused rivals. It focuses on enhancing vehicle features and customer experiences.
Claude AI-Anthropic down: Outage reported by users, reports Downdetector
is claude down : Claude AI-Anthropic outage: Developed by Anthropic, Claude AI is an artificial intelligece assistant platform.
TCS headcount fell by 23,460 in FY26; but no more layoffs for now: Sudeep Kunnummal, CHRO
India's largest IT firm, TCS, reported a significant headcount reduction of 23,460 in FY26, ending with 584,519 employees. The company has concluded its restructuring and plans aggressive campus hiring, aiming to onboard around 40,000 freshers annually. Despite this, TCS remains cautious about FY27 hiring due to unclear global demand.
Infosys signs Carlos Alcaraz as global brand ambassador, to co-develop AI-led performance tools
Infosys has named tennis star Carlos Alcaraz as its global brand ambassador in a multi-year partnership. The collaboration will leverage Infosys Topaz, an AI-first platform, for advanced match analytics and personalized performance applications to enhance Alcaraz's game. This alliance underscores a shared focus on performance, precision, and continuous improvement, extending to social impact initiatives.
Infosys, TCS, Wipro, other IT stocks climb up to 5%. Here's why
IT stocks rallied up to 5% on Wednesday, driven by improved market sentiment on hopes of fresh Iran-US talks and easing concerns around AI disruption. After earlier losses due to AI and inflation worries, the sector is seeing a partial recovery, with Nifty IT emerging as a top gainer.
Acquisition count rises: Inside OpenAI's major deals in 2026
The AI major’s half a dozen deals in the first quarter underscore its push to strengthen its position across enterprise software, developer tools, and consumer AI applications.
Nvidia launches open-source ‘Ising’ AI models to tackle quantum computing bottlenecks
Firms such as IBM, Google and Microsoft are building quantum hardware and software stacks, while startups like IonQ are focused on specialised systems. However, all players face a common challenge — making quantum computers stable enough for real-world use.
IT stocks to rally on Wednesday? Infosys, Wipro ADRs surge up to 5%. Here's why
IT stocks may rally on Wednesday as Infosys and Wipro ADRs surged overnight, supported by strong gains in US tech stocks and easing fears of AI-driven disruption. Optimism over renewed Iran-US peace talks and falling crude prices softened macro concerns, boosting sentiment for Indian IT companies heavily exposed to the US market.
AI-boosted hacks with Anthropic's Mythos could have dire consequences for banks
The model, announced April 7, is the company's "most capable yet for coding and agentic tasks," the company said in a blog post, referring to the model's ability to act autonomously. Its capabilities to code at a high level have given it a potentially unprecedented ability to identify cybersecurity vulnerabilities and devise ways to exploit them, experts said.
India Inc stares at a reckoning as Mythos rewires cybersecurity
Indian enterprises could be facing a structural cybersecurity risk after the release of the advanced AI model Mythos by Anthropic. As Mythos begins finding software vulnerabilities in hours, far faster than companies can fix them, experts said this could leave systems exposed, especially in sectors like banking and telecom that rely on older systems.
Anthropic's new Claude Mythos model: A new threat in the waiting for Indian IT stocks?
Indian IT stocks may face fresh turbulence as Anthropic’s preview model, Mythos, raises disruption risks. Analysts warn its sharp gains in software engineering tasks mark a “step-jump,” not incremental progress, potentially pressuring valuations. Kotak says the leap could have meaningful implications for IT services firms, narrowing adaptation time and intensifying concerns over near-to-medium term demand, pricing power, and margins.
From AI To Everything: How Anthropic is taking on tech’s old guard
AI firm Anthropic is disrupting the software market. It launched tools for legal, financial, and HR tasks, impacting partner companies. Anthropic also introduced a cybersecurity tool that scans code for vulnerabilities. This move challenges existing security vendors. Anthropic's strategy focuses on areas where its AI reasoning excels, driving enterprise productivity.
From users to builders: How AI and low-code are rewriting who builds software
Citizen development and AI-driven “vibe coding” are reshaping how software is built inside organisations, shifting creation power from IT teams to everyday employees. The story begins with workers like Priya, a sales operations manager in Pune, who once depended on IT queues for automation but later built her own workflow tools using low-code platforms without writing code. Such “citizen developers” are now becoming central to enterprise productivity.
Anthropic’s Claude Mythos AI fears trigger $2 trillion wipeout in IT stocks; JPMorgan CEO Jamie Dimon warns 'AI will likely worsen...'
Anthropic’s powerful new AI model, Claude Mythos Preview, has triggered a $2 trillion selloff in enterprise software stocks and prompted an emergency meeting at the US Treasury with top bank CEOs. The model’s ability to find and exploit software vulnerabilities has raised serious concerns about cybersecurity risks and market disruption.
Accenture invests in Replit to advance AI-driven software development for enterprises
Global professional services giant Accenture has strategically invested in AI software development platform Replit. This collaboration aims to accelerate AI-driven software creation for businesses worldwide. Accenture will integrate Replit's technology internally to boost productivity and assist clients in adopting AI tools for their development processes, signaling a significant shift in how software is built.
Commvault explores sale after takeover interest
Commvault, which has a market capitalisation of about $3.5 billion, is working with Goldman Sachs on its options after fielding inquiries from both private equity firms and strategic buyers.
TCS rides AI demand; mega deals power Q4 results
Per COO Aarthi Subramanian, a partnership with Anthropic is a possibility. During the year, the IT major pushed aggressively into the AI ecosystem through collaborations with global technology leaders and strengthened enterprise alliances. It also continued to secure large, multi-year transformation deals across sectors, including telecom, retail, banking, aviation and consumer industries.
AI-as-a-service vs lab-as-a-service: What’s the difference and how they are changing AI adoption
Businesses are now deciding whether to buy AI tools or build custom systems. AI-as-a-service offers quick solutions for simple tasks. Lab-as-a-service provides embedded teams for complex, tailored AI. This shift is crucial for high-trust, domain-specific AI applications. A hybrid approach combining both models is emerging for a layered AI ecosystem.
US software stocks fall as Anthropic's new AI model revives disruption fears
U.S. software shares tumbled on Thursday after Anthropic held back the wide release of a powerful AI model over concerns it could expose hidden cybersecurity vulnerabilities, deepening investor fears about the threat to traditional software firms.
Michael Burry drops a bomb on Palantir: Why is Palantir stock dropping big today and is it losing the AI race to Anthropic? Here’s what ‘Big Short’ warned on PLTR
Why is Palantir stock dropping sharply today after Michael Burry’s warning? The Palantir stock drop is suddenly back in focus after Michael Burry issued a fresh warning. Shares of Palantir Technologies slipped nearly 6% in one session. That sharp fall has triggered concern across Wall Street and retail investors alike. Burry suggested that Palantir may be losing ground in the AI race. His warning focused heavily on competition from Anthropic. According to emerging data, Anthropic is rapidly gaining enterprise traction. Its AI tools are easier to deploy and integrate. That makes them highly attractive for businesses seeking quick results.
AI startup Nava raises $22 million in round led by Greenoaks Capital
RTP Global and Unicorn India Ventures participated in the round. The company will use the fresh capital to expand its GPU compute and AI data centre capabilities and hire talent. Nava, which is expanding beyond its earlier software-led GPU cloud offering to a vertically integrated model, aims to target enterprises building AI models and applications, offering infrastructure through models such as GPU-as-a-service and bare-metal compute.
Enterprise AI startup Xccelera raises Rs 1.2 crore
Xccelera has raised Rs 1.2 crore from a group of founders, including Livspace cofounder Ramakant Sharma, TestMu AI’s Asad Khan, and Zipdial’s Amiya Pathak, as it looks to scale its enterprise automation platform. The capital will be used to expand the engineering team, strengthen its multi-agent orchestration and validation stack, and scale go-to-market efforts across global enterprise accounts, Xccelera said.
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