GARTNER
AI turns cyber threat into boardroom crisis
In India, State Bank of India disclosed that 375,000 customer records had been leaked on the dark web, while vulnerabilities in eMudhra’s digital certificate keys exposed websites to potential attacks.
India’s IT sector needs a new talent architecture
Growing demand for AI-related services is challenging providers, as they struggle to generate significant revenue. Companies must redesign their workforce models to capture opportunities in an AI-driven market. Existing talent architectures focus on old skill sets and hierarchies, which are becoming less relevant. Investing in specialized roles and capabilities will better align with the new market demands.
US Stock Market today: S&P 500, Nasdaq, Russell 2000 rise but Dow Jones fall as investors eye midterm elections 2026 results. Check top gaining, worst performing stocks
US Stock Market today: S&P 500, Nasdaq traded well as Wall Street investors are waiting for midterm elections 2026 results.
AI bubble bursting or just letting out air? Neoclouds may offer clues
Elon Musk has warned that over 200 neocloud companies may face significant challenges, including potential failures and consolidation. Despite high demand for AI computing capacity, rising credit costs impact the financial stability of these companies. Research firm Gartner anticipates that more than 80% of neocloud providers may cease independent operations by 2030. Tighter credit conditions could restrain excessive AI spending without affecting overall investment growth.
Musk's warning hits neocloud stocks as debt concerns mount
Shares of neocloud companies have fallen significantly amid concerns about consolidation in the sector. Elon Musk warned that many neoclouds may face closures as they struggle with heavy debt burdens. Research firm Gartner suggested that a high percentage of these companies could cease operations by 2032. Investor anxiety has increased due to mounting losses and a heavy reliance on AI spending.
Volkswagen bet on Xpeng to save its China business. It's not going to plan
Volkswagen’s ID. UNYX 08 electric SUV sold poorly, achieving only 267 units per month since its launch. The automaker initially aimed for 3,622 monthly sales but consistently missed this target. Local competitors have gained an advantage by offering advanced technology at lower prices, which has hindered Volkswagen's sales efforts. Despite these challenges, Volkswagen continues to pursue aggressive sales goals for the upcoming UNYX 09 sedan.

Low-cost jobs will be taken over by AI, most worried about outsourced ones: Workday CEO
Workday Chairman and Chief Executive Officer Aneel Bhusri told reporters at the Workday Rising Summit that AI will not lead to jobs moving out of the US or first-world countries, but may do the opposite.

CoreWeave's slump puts spotlight on debt behind AI boom
The loss-making AI cloud company, burdened with about $50 billion in debt, has become the poster child for mounting concerns that the data center boom is being fueled by credit, straining newer players and pressuring cash flows even at giants such as Alphabet and Meta Platforms.

US stocks: CoreWeave's slump puts spotlight on debt behind AI boom
CoreWeave's financial distress is highlighted by its $50 billion debt and significant default risks, causing stock prices to drop. Investors express concerns about how the AI industry's expansion is financed, especially with rising interest rates. The company's efforts to secure an investment-grade rating indicate attempts to access more capital. Analysts project a bleak future for many neoclouds, with potential shutdowns by 2030.

‘You cannot secure what you don't know exists,’ says TrendAI’s Sharda Tickoo on AI agents
Indian companies must prioritise governance as they adopt AI agents to mitigate risks and ensure security. Identifying and monitoring AI agents is crucial to avoid unforeseen security incidents. Companies should assess permissions and actions of each agent to define acceptable boundaries. Furthermore, clear accountability and intervention processes must be established before widespread deployment.

EY data breach puts spotlight on data security at Big Four as clients demand tighter controls
EY has reported a data breach that exposed sensitive client information and prompted regulatory notifications in multiple jurisdictions. This incident has raised concerns among top professional services firms regarding the protection of client data. Experts emphasize the need for tighter controls amid increasing cyberattacks and the complexity of technology used by these firms. Most communications between firms and clients are conducted over email, which poses additional risks.

What happens to the apprenticeship model when AI does the easy work?
As AI takes over routine assignments, companies face a question that productivity figures cannot answer: how will young professionals develop the judgment that comes from doing the work themselves?

IT Q2 preview: Muted growth, steady margins likely; deal conversion, AI deflation in focus
Research advisory UnearthInsight expects the top-five IT companies to grow 0.5-1% quarter-on-quarter in the second quarter of FY27, with little improvement over the April-June period.

IT Q2 review: Muted growth, steady margins likely; deal conversion, AI deflation in focus
India's leading IT firms are projected to exhibit modest revenue growth and stable margins for the second quarter. Analysts anticipate that discretionary spending will remain constrained due to geopolitical issues affecting client budgets. As such, decision-making cycles are expected to prolong for upcoming quarters. Additionally, AI advancements are predicted to impact traditional services and revenue generation timelines.

AI on bad data is a faster way off a cliff, warns Elastic CEO Ash Kulkarni
Kulkarni said companies faced the same problem when they began digitising their operations more than three decades ago. They had plenty of data but often did not know which information to trust or how to use it. The risk is greater with AI because it can use that data to make decisions and take action.

ETtech Explainer: Multi-billion dollar global battle for AI control
Chipmaker AMD announced on Monday that it is buying World Labs for $8.2 billion. This comes on back of Nvidia acquiring Hugging Face for $12.93 billion. Tanya Pandey explains whether this move points to a broader shift in AI, where companies see value in controlling more of the technology stack rather than relying entirely on other players.

AI agents take over online shopping: Ecommerce firms rethink pricing, verification
India’s ecommerce and digital platforms are preparing for a surge in personal AI agents that could increasingly make shopping decisions and transactions for consumers, forcing companies to rethink pricing, customer engagement and bot verification.

From CRM to performance intelligence: The next edge in enterprise sales
The companies that keep growing are the ones whose teams work to one plan and link the skills they build to the results they want.

Mavenir, Neysa partner to offer sovereign AI infrastructure to telcos, enterprises
Neysa, founded in 2023 and headquartered in Mumbai, provides AI cloud infrastructure, combining GPU compute, inference, orchestration and AI security. The company announced a capital raise of up to $1.2 billion led by Blackstone in February 2026. Mavenir serves more than 300 operators across over 120 countries, collectively accounting for more than half of the world’s telecom subscribers.
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