Tag: AI

Anthropic is finalising a $1.5 billion joint venture with Blackstone and Goldman Sachs to sell AI tools.

India's PSBs are boosting tech and cybersecurity spending amid concerns over Anthropic’s Claude Mythos.

Visakhapatnam's transformation into "AI-Patnam" marks a historic shift, attracting global tech investments.

This week, 17 Indian startups raised around $187.2 million, with a mix of growth and early-stage deals.

April 2026 marked a pivotal month for tech, as AI layoffs surged, raising fears over cybersecurity risks.

Ujjwal Jain, CEO of PhonePe’s Share.Market, has stepped down after four years, hinting at a relaunch.

AI tools are aiding in tasks like drafting emails, but trust in their accuracy may be misplaced.

Cognizant plans to cut 1% of its workforce, impacting over 4,000 jobs due to slowing demand and automation.

Startup funding in April 2026 dropped to $865M, with KreditBee raising $280M as notable deal.

Meta is reportedly reducing its US workforce by 10% in May 2026, citing rising spending on AI investments.