HCLTech and NetApp expanded their partnership on August 13 with a hybrid cloud storage-as-a-service offering for enterprise AI, generative AI, and data-driven workloads, combining HCLTech's U4X infras…
HCLTech and NetApp expanded their partnership to deliver an integrated hybrid cloud Storage-as-a-Service platform for enterprise AI and generative AI workloads, combining HCLTech's Utility for Everyth…
Proofpoint's threat research team reported that attackers exploited OAuth client ID spoofing to enumerate Microsoft Entra ID accounts without successful sign-ins, with two campaigns using fabricated a…
German enterprises are replacing legacy network architectures with software-defined models to unify cloud environments and support AI-enabled operations, according to a new report from Information Ser…
HCLTech will invest ₹142.57 billion ($1.48 billion) to build its first AI data center in Bhubaneswar, Odisha, with Sarvam AI as its model partner and the Odisha government providing financial assistan…
Infosys trimmed its full-year revenue growth forecast from 3.5% to 3% after reporting $5.08 billion in Q1 FY27 revenue, signaling that enterprise clients are reallocating budgets from traditional outs…
India has minted its second AI unicorn in a month, with Sarvam AI closing $234 million in funding at a $1.5 billion valuation and Emergent reaching a billion-dollar valuation through a $130 million Se…
Indian IT services firm LTM expects revenue from artificial intelligence to surpass its traditional services business, CEO Venu Lambu told Reuters on Monday, as the company disclosed AI-native revenue…
HCLTech won a $1.14 billion AI-driven IT contract from Mercedes-Benz, replacing Infosys as the incumbent vendor. The deal, running from July 2026 to December 2031, shifts from headcount-based outsourc…
The combined weight of India's software exporters in the Nifty index fell below 7.6%, a record low, as generative AI tools threaten the traditional outsourcing model worth up to $300 billion. The Nift…
HCLTech experts Piyush Saxena and Mangesh Mulmule outlined a blueprint for enterprises to adopt agentic AI, emphasizing data quality, operational safety, and modular design. The company is collaborati…
Sarvam AI raised $234 million at a $1.5 billion valuation, becoming India's newest unicorn as sovereign AI moves from slogan to necessity after US restrictions on Anthropic models highlighted foreign …
HCLTech acquired a 10.46% stake in Sarvam AI for ₹1,427 crore as the lead strategic investor in the startup's Series B, which has a first close of $234 million toward a planned $300 million round, val…
Sarvam raised $234 million at a $1.5 billion valuation in a Series B extension led by HCLTech, which contributed $150 million as the lead strategic investor. The Bengaluru-based AI startup, which has …
Sarvam AI, a Bengaluru-based startup founded in August 2023, raised $234 million in a funding round led by Bessemer Venture Partners, with HCLTech contributing $150 million, valuing the company at $1.…
Sarvam AI raised $234 million at a $1.5 billion valuation, becoming India's newest AI unicorn. HCLTech led the round with $150 million, joined by Bessemer Venture Partners, Khosla Ventures, and Peak X…
Indian IT stocks have fallen up to 34% year-to-date in 2026, compared to the Nifty50's 9% drop, as enterprises shift spending toward AI infrastructure and away from traditional outsourcing. Analysts r…