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Internship stipends rise at top B-schools as recruiters step up hiring
Recruiters are focusing on summer internships for hiring, offering higher stipends for the 2026-28 batch. Top business schools like IIM Calcutta and IIM Lucknow report increased median stipends and recruitment participation. IIM Kozhikode has noted an improvement in pre-placement offers and conversions from internships. New recruiters have joined the hiring process, diversifying opportunities for students.
Musk and Zuckerberg officially adopt Trump’s “super intelligence” label for AI, other tech chiefs yet to follow
In a significant shift, tech giants Elon Musk and Mark Zuckerberg have embraced the term 'super intelligence' to describe AI, following a pivotal lunch with Donald Trump that resulted in a new safety standards agreement. Meanwhile, executives from Alphabet, Amazon, and Microsoft still favor the traditional AI nomenclature in their dialogues.
Bridging the AI production gap: Over 100,000 Indian engineers trained to Build with Gemini
India is seeing a significant shift in its technology workforce towards enterprise AI integration and solutions. The Build with Gemini initiative has trained over 100,000 developers and architects across several major organizations. This transition emphasizes the need for professionals skilled in engineering AI for production. Global System Integrators are crucial in facilitating this workforce transformation. The evolution aims to position India as a key player in AI architecture and engineering.
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.
In 1944, Howard Aiken and IBM engineers completed Harvard's Mark I, a 51-foot-long calculator that handled wartime calculations for the US Navy
In 1944, Harvard's Mark I emerged as a revolutionary 10,000-pound calculator for the U.S. Navy, pivotal in military operations such as ballistics during World War II. Grace Hopper notably influenced its functionality and pioneered the COBOL programming language. Mark I's legacy highlights the significance of government investment in technological breakthroughs, echoing its impact on modern artificial intelligence innovations.
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CoRover wins govt tender to build national unified AI assistant platform
Implementation to begin within 4 months with DigiLocker, will scale to hundreds of central, state departments, CEO says.
Piyush Goyal woos top US companies for investment
Commerce and Industry Minister Piyush Goyal has met various US firms in New York to discuss investment potential. Meetings included representatives from Blackstone, Neuberger Berman, and The Estee Lauder Companies, focusing on manufacturing and beauty markets. Discussions with IBM's CEO involved strengthening collaboration in AI and quantum computing technologies. Goyal also engaged with General Atlantic and AIA Group to explore opportunities in financial services and insurance sectors.
Piyush Goyal takes India investment pitch to AIA, MetLife, IBM and General Atlantic
Commerce Minister Piyush Goyal promoted India as an investment destination during meetings with leading global firms. He highlighted the country's regulatory reforms and demand for services, especially in the insurance sector. Goyal met with executives from AIA Group, MetLife, General Atlantic, and IBM to discuss growth opportunities. He emphasized the importance of India's technology talent pool for future collaborations.
In the 1950s, two IBM engineers built a new way to store computer data on spinning disks; it held 5 million characters and recalled a record in under 1 second
The IBM 350 disk storage unit revolutionized data management in the 1950s, allowing businesses to efficiently store and quickly retrieve five million characters. This landmark innovation replaced outdated punch cards and accelerated record updates. Though leasing the unit was costly given its modest storage, the foundational principles it introduced paved the way for the modern computing landscape.
Beyond the SIM: Inside Jio and Airtel’s high-stakes AI pivot
Jio and Airtel are taking their rivalry beyond connectivity as both invest heavily in AI-ready data centres, cloud platforms, enterprise tools and consumer services. Their expanding ambitions reveal how India’s telecom giants are positioning themselves for the next phase of AI adoption, where infrastructure, subscriptions and digital services increasingly converge.
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.
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.
After 18 years at helm, Shantanu Narayen passes reins to Anil Chakravarthy
Chakravarthy had been president of Adobe’s customer experience orchestration business and worldwide field operations, having joined the company in January 2020 from global enterprise cloud data management firm Informatica. Meanwhile, Narayen will transition to executive chairperson in December, the company said in a statement.
From IIT Varanasi to Silicon Valley peak: Who is Adobe's newly appointed CEO Anil Chakravarthy?
Adobe has appointed Anil Chakravarthy as its new CEO, succeeding Shantanu Narayen, who will become executive chair after more than 18 years at the helm. Chakravarthy will take over on December 1.
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.
IBM, Together AI ink $240 million deal for Nvidia-powered AI inference cluster
The cluster will provide inference for open-source AI models, which have gained traction as businesses seek to rein in AI costs and weigh concerns about cybersecurity incidents involving models from Anthropic, OpenAI and Meta.
IBM SkillsBuild AI & Cloud Internship 2025: Key dates, benefits, eligibility, application deadline & more
The IBM SkillsBuild for Academia Internship 2025, in partnership with Edunet Foundation, offers a 4-week virtual program focused on AI, ML, and IBM Cloud technologies. Open to Indian students in specific fields, it provides hands-on experience, mentorship, and IBM certifications. The deadline to apply for this unpaid internship is July 3, 2025.
L&T Infotech, IBM set up Innovation & Experience Centre in Bengaluru
This Innovation & Experience Centre will showcase LTI solutions that have been co-created using IBM technologies such as IBM Cloud and Cloud Parks.
Nearly all Indian firms are using some form of hybrid cloud architecture: IBM
A new study by IBM finds that the cloud market has entered the hybrid, multicloud era and concerns around vendor lock-in, security, compliance and interoperability remain paramount.
IBM releases Cloud Satellite for any environment
The technology major said its India Software Labs contributed majorly to the development of the IBM Cloud Satellite.
India moving fast on hybrid cloud adoption: IBM
IBM is betting big on hybrid cloud to drive the next wave of growth, bolstered in large part by its acquisition of Red Hat a few years ago.
HCL, IBM expand alliance to help organisations with digital transformation
HCL Technologies, in a statement on Thursday, said the IBM Ecosystem Unit (IEU) at HCL will assist clients, including enterprises in regulated industries such as financial services, telecommunications, life sciences and healthcare and energy and utilities.
India labs play key role in developing cloud innovations: IBM
Citing examples of work done by the India team for the US Open, SBI YONO and Watson AI, Patil said "there's a lot more innovation in the pipeline".
IBM, Persistent Systems collaborate on IBM Cloud Pak deployment and core IT modernization for enterprises
Pune-based Persistent also announced a new IBM Cloud Pak deployment practice to help organisations migrate and modernise IBM workloads across all cloud environments, including IBM public cloud and IBM Cloud services.
Tech Mahindra teams up with IBM to set up innovation centres
As part of this relationship, the two companies will establish innovation centres to address complex business problems across industries, including telecommunication, manufacturing, financial services, insurance, retail and healthcare.
IBM shifts software portfolio to cloud-native, rolls out Red Hat OpenShift
IBM said this transformation would majorly help clients move their core business applications to cloud securely.
IBM new Private cloud platform to strengthen its presence in the market
The company has been testing the product as a Beta since June this year and unveil to all its customers starting Wednesday.
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