IBM AUTOMATION
UPI MDR rollout pushed; India’s first quantum computer coming soon
Happy Wednesday! The implementation of MDR on select UPI payments has been deferred beyond Diwali. This and more in today’s ETtech Morning Dispatch.
IBM to deploy India’s first quantum computer in Amaravati early 2027
The facility will focus on developing practical applications for quantum computing and helping Indian enterprises prepare their IT infrastructure for post-quantum cryptography.
India at defining moment, unique opportunity to shape exponential tech like AI: IBM India & South Asia MD
Indian enterprises stand at the threshold of transformation through AI and automation, with IBM emphasizing the crucial blend of real-time data and trust in these evolving systems. The ongoing collaboration with MeitY Startup Hub seeks to propel deep tech innovation among startups in India, fostering local technological excellence and offering access to vital mentorship and resources.
IBM, Yotta launch sovereign agentic AI platform for Indian enterprises
IBM and Yotta Data Services have introduced a sovereign AI platform specifically designed for Indian organisations. This new platform integrates IBM’s watsonx Orchestrate with Yotta’s Shakti Cloud and Shakti Studio. It aims to assist enterprises in managing AI agents while ensuring data and governance controls remain in India. The platform enables organisations to transition AI agents from pilots to full production effectively.
Patchwork algorithms get the job done: What is helping curb skyrocketing costs of enterprise AI?
As businesses navigate the AI frontier, many are embracing a blend of advanced models to address distinct needs effectively. Industry giants such as Snowflake and Nvidia are pioneering model-routing solutions, while innovative startups in India are joining the ranks. Research shows that leveraging multiple models can enhance efficiency and cut costs, though factors like language quality and security challenges impede progress.
Chip verification startup VerifAIX raises $5 million from Endiya, Bluehill VC
This is the company’s first institutional fundraise and will be used to advance its product, expand customer deployments, and grow its engineering teams across the US, India, and Israel, CEO Madhulima Tewari told ET. The company had previously raised capital from angel investors and industry advisors.

Governance, not models, is the biggest obstacle to enterprise: Red Hat’s Vincent Caldeira
Red Hat’s APAC CTO said the industry does not yet have a platform that can make an AI agent completely secure out of the box and companies must make a judicious call when opting for such solutions.

Adobe’s next boss joins a powerful club: Meet the Indian-origin CEOs running the world’s biggest companies
Adobe’s next CEO Anil Chakravarthy is joining a powerful club. From Microsoft and Google to Chanel, FedEx and Micron, Indian-origin executives now run companies spanning technology, banking, luxury, pharmaceuticals and manufacturing. Here are the leaders occupying some of the biggest corner offices in global business.

IBM signals a five-year horizon for its sub-1nm chips
Rao said the technology is the industry’s first demonstration of a staggered complementary field-effect transistor, or CFET, architecture at the 0.7nm node. Unlike conventional designs in which n-type and p-type transistors sit next to one another, CFETs seek to place them on top of each other, enabling greater density within the same silicon area.

The new economy: Less Java, more AI
Software engineering as we know it has changed, with AI generating as much as 70% of new code at large tech firms. As this automated tide rises, programming has transformed from a mere developer’s tool into the ultimate commercial goldmine for AI model creators, sparking a vibrant new ecosystem.

IBM stock crash: How a single blog post wiped $30 billion off IBM’s market value in one afternoon - here's what rattled investors
IBM stock crash shocked Wall Street. IBM shares fell 13% in one day. Nearly $30 billion in market value vanished. This was IBM’s worst drop since 2000. The trigger was not earnings. It was an AI blog post by Anthropic. The post introduced a COBOL modernization AI tool. Investors fear AI disruption in legacy systems. IBM mainframe revenue now faces pressure. Markets repriced risk instantly.

TCS, Wipro to work at IBM's Kochi centre to co-create AI-based automation tech
"India is an innovation and talent hub for IBM, and our collaborations with IIIT Kottayam, TCS, and Wipro will help us accelerate the adoption of automation for businesses across industries," IBM Automation General Manager Dinesh Nirmal said.

Persistent Systems deepens ties with IBM by joining its partner ecosystem
Persistent Systems has nearly a decade of experience as a key development, support and deployment partner across the IBM Automation portfolio.

Future of AI: Trustworthy, ethical and with governance framework
At IBM Research India, artificial intelligence is twinned with a hybrid cloud strategy while making AI trustworthy and ethical

LTI and IBM to expand global alliance; to set up CoE in Bengaluru
The companies will establish a centre of excellence in Bengaluru to help clients migrate and modernize core business applications leveraging IBM’s open hybrid cloud platform built on Red Hat OpenShift.

IBM India opens automation innovation centre in Pune
This is the company’s second automation innovation centre. The first centre was opened in Bangalore in 2017.

HDFC Ergo and IBM to jointly setup data lab in India
The first project is to develop an automated real-time email-communication solution for customer queries and reduce turn-around time on redressal.

IBM's Global Technology Services head says growth will absorb employees whose jobs are automated
Companies like Infosys and Wipro have been declaring the number of people who have been redeployed to other projects as their current jobs have been automated.

HCL and IBM enter 15-year partnership
HCL will build features and functions on top of existing IBM platforms and products such as Tivoli Workload Scheduler, Rational Testing, etc.
Load More
