News
Elon Musk drops key fraud claims in Open AI lawsuit ahead of trial
1+ hour, 51+ min ago (361+ words) Elon Musk has withdrawn several fraud claims in his lawsuit against Open AI, leaving two key charges ahead of trial. The case will examine allegations over Open AI's shift to a for-profit model, with damages sought up to $134 billion. New…...
Google plans 40 billion dollar investment in Anthropic as AI race intensifies
4+ hour, 9+ min ago (347+ words) Google plans to invest up to $40 billion in AI firm Anthropic, strengthening their partnership as global tech companies ramp up spending on advanced AI models and infrastructure, amid rising demand for generative AI tools and intensifying competition. New Delhi: US…...
KPMG to cut 10 pc of US audit partners amid global AI-driven layoffs
3+ hour, 51+ min ago (315+ words) KPMG plans to cut 10 per cent of its US audit partners after an early retirement push fell short, joining a broader wave of global layoffs as companies restructure and increasingly adopt artificial intelligence-driven operations. Hyderabad: Joining a series of multinational…...
AI engineering jobs in India surge 59. 5 pc, outpacing US and Europe: Linked In report
22+ hour, 56+ min ago (381+ words) AI engineering job postings in India rose 59. 5 per cent year-on-year, outpacing major global markets, driven by strong demand in Bengaluru, Hyderabad and emerging cities like Vijayawada, according to a Linked In report highlighting rapid adoption across industries. New Delhi: AI…...
Thousands of IT jobs set to disappear as Meta, Microsoft restructure workforce in AI era
1+ day, 4+ hour ago (398+ words) Meta Platforms and Microsoft plan major job cuts and buyouts amid rising AI investments. Workforce reductions and restructuring aim to streamline operations while expanding data centres and infrastructure to support growing artificial intelligence initiatives globally New Delhi: Tech giants Meta…...
FM flags AI risks, says banks ready for challenges
1+ day, 58+ min ago (334+ words) Finance Minister Nirmala Sitharaman said Indian banks are prepared for tech risks but warned about threats from Anthropic's Mythos AI, with Ministry of Electronics and Information Technology monitoring impacts and urging stronger safeguards New Delhi: Finance Minister Nirmala Sitharaman on…...
OU plans Cyber Skills Academy with Macquarie University, KPMG India
1+ day, 22+ hour ago (179+ words) Osmania University is exploring a cybersecurity education partnership with Macquarie University, KPMG India, and Austrade. The initiative aims to set up a Cyber Skills Academy and provide students with industry-aligned, job-ready training in digital trust and cybersecurity. In a virtual…...
India leads other countries, as 85 percent of patients turn to AI before doctors
2+ day, 2+ hour ago (348+ words) India leads global adoption of AI in healthcare, with 85 per cent of consumers consulting AI tools before doctors, according to a BCG study. The trend is driven by youth, though most users still prefer a hybrid doctor'AI model. Hyderabad: While…...
Cognizant embeds Open AI Codex into engineering workflows globally
2+ day, 22+ hour ago (225+ words) Cognizant has partnered with Open AI to scale Codex across enterprise clients, integrating the AI coding tool into its engineering workflows. The collaboration aims to enhance software development through automation, while combining human expertise with AI-driven capabilities. Hyderabad: Cognizant on…...
Redwood Software establishes India technology center in Hyderabad
2+ day, 23+ hour ago (214+ words) Redwood Software has inaugurated its India technology centre in Hyderabad to drive AI-powered automation and innovation. The company plans to hire over 300 professionals by 2027, strengthening its global operations and supporting more than 7, 000 customers worldwide. Hyderabad: Redwood Software, the orchestration platform…...