IBM SECURITY
8 outlets across Hyderabad in 8 years after quitting her IBM job: Techie turns her love for desserts into a thriving business
Sahithya Raj quit her SAP BI consultant job at IBM in December 2017 to turn her love for baking into a business. Starting with brownies and cupcakes from her apartment kitchen, she gradually expanded production, secured Rs 1.3 crore in funding and built a boutique bakehouse brand with eight locations across Hyderabad. She was recognised at Times Power Women 2026.
Trump celebrates Diwali with Indian-American CEOs, entrepreneurs at Oval Office
During the Diwali celebration at the Oval Office, President Trump lit a diya in the presence of Indian-American guests. Notable attendees included entrepreneurs, CEOs, and India's Ambassador to the US. Celebrants shared their hopes for strengthening the friendship between India and the US. Founded by President George W Bush, the White House's Diwali celebrations have evolved over the years.
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.
Lockheed Martin to pay $29.5 million to settle federal claims it discriminated against white workers
Lockheed Martin has agreed to pay $29.5 million to settle claims of discrimination against white employees. The company faced allegations related to its diversity and equity initiatives in an internal bonus program. This settlement includes $22 million to the U.S. government and $7.5 million to over 1,000 affected employees. A former Lockheed Martin vice president filed a whistleblower complaint leading to the investigation.
Tesla, Samsung oppose new US tariffs on Vietnam as probe deadline nears
Businesses are divided over whether Washington should propose new tariffs on Vietnamese goods this month, with Tesla and Samsung not in favour, while others have called for penalties, submissions to the US government show.
Tesla, Samsung oppose new US tariffs on Vietnam as probe deadline nears
A trade investigation into Vietnam's intellectual property practices is nearing a conclusion with a November 29 deadline. Various industries have conflicting views on whether new tariffs should be imposed on Vietnamese goods. Tesla and Samsung are against additional tariffs, while steel and wood sectors advocate for penalties. Vietnam has faced escalating exports to the US, surpassing its previous trade standings.
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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.
QClairvoyance's quantum chemistry bet: Transitioning from research to pharma partnerships
QClairvoyance Quantum Labs has performed chemically precise simulations of eight small molecules on an actual quantum computer, marking progress towards drug discovery applications.
IBM India leases 2.83 lakh sq ft office space in Bengaluru for 10 years
IBM India has leased an extensive office space at Radon tower in Bagmane Solarium City. The lease agreement spans over a decade, with estimated costs totaling Rs 522 crore. IBM will pay a monthly base rent of Rs 2.49 crore, subject to a 15% escalation every three years. Additionally, the company will incur fit-out costs over five years, approximately amounting to Rs 179 crore.
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.
Meet Shruti Gandhi, who launched Array Ventures in 2016; 8 years later, her first fund had returned all its capital to investors
Gandhi announced the achievement in a year-end update in February 2025. It claimed that Array Ventures fully returned its 2016 Fund I in the first quarter in 2024. It also said it had distributed capital to its investors every year for the previous five years. This came at a time when venture capital investors were facing challenges in turning their startup investments into cash.
Ursula Burns was ready to leave Xerox for Dell. Then one phone call changed her career path
Ursula Burns joined Xerox as an engineering intern in 1980 and nearly left for Dell during the company’s financial crisis in 2001. A phone call from board member Vernon Jordan persuaded her to reconsider. Eight years later, she became Xerox CEO, succeeding Anne Mulcahy.
IBM executive warns of risk of quantum computing hacks
Organisations are unprepared for the risks posed by quantum computing, IBM's Europe and Africa vice-Wednesday, referring to the high-speed technology that could crack security encryptions and enable large-scale cyberattacks. I would say less than 10 percent today," Curioni said on the sidelines of a London conference organised by the American technology pioneer.
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.
IIM Lucknow completes summer placements with 600+ offers, average stipend up 3%
IIM Lucknow completed the summer placements for its 2026-28 PGP and PGP-ABM batches with total success. The average monthly stipend for interns increased marginally from last year's figures, while the highest stipend decreased slightly. Over 600 offers were made, showcasing opportunities in various sectors like consulting and e-commerce. Established and first-time recruiters participated, contributing to a diverse placement process for students.
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.
US green-card freeze hits TCS, Infosys, Wipro; GTRI warns of wider IT curbs
The US government has suspended eight technology companies, including TCS, Infosys, Wipro and HCLTech, from the PERM green-card sponsorship programme, raising concerns over potential restrictions on foreign tech workers. A Global Trade Research Initiative (GTRI) report warns that curbs could extend to H-1B hiring and skilled-worker mobility. The move may push Indian IT firms to diversify markets and expand domestic delivery.
India’s AI rules take shape; TCS profit jumps 15%
The government is set to release a consultation paper on AI regulations within a month. This and more in today’s ETtech Top 5.
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.
The curious case of hiring a Chief AI Officer
FOMO, board pressure or an actual need to hire a CAIO? The jury is still out on one of the most sought-after roles since the emergence of AI.
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.
Pope Leo puts AI risks at centre of Vatican’s global agenda: 'Future of humanity is at stake'
The Vatican warned about the risk of an apocalypse spurred by artificial intelligence years before major American firms sounded the alarm at the United Nations Security Council on Wednesday - a concern that Pope Leo is placing at the heart of his
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.
Europe expands AI computing network with €390 million order from France's Bull
The European Union's supercomputing body EuroHPC selected Bull to build LUMI-AI, the sixth machine ordered under its AI Factories programme. The system is a new supercomputer to be installed alongside the existing LUMI machine at Finland's supercomputing centre. It is expected to come online in the second half of 2027.
Pandemic-induced digital reliance to continue, create security concerns: IBM
Nearly half re-use the same credentials that they have used for other accounts, with 82% using the same passwords, leading to concerns around security for enterprises, the study shows.
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