Microsoft launched its fourth cloud region in India, the India South Central datacenter region in Hyderabad, designating it a strategic hub for Asia and the Global South at the Microsoft AI Infrastruc…
The National Payments Corporation of India unveiled FiMI Banking at the Global Fintech Festival 2026, calling it India's first sovereign compact AI model built specifically for retail banking, with HD…
Microsoft announced the general availability of its India South Central cloud region in Hyderabad, Telangana, making it the company's fourth cloud region in India and giving it the country's largest h…
ServiceNow Ventures has taken a roughly 5% stake in BusinessNext, an Indian AI banking software company, for $40 million, valuing the Noida-based firm at $700 million. The deal, announced July 22, int…
ServiceNow invested $40 million in BusinessNext, an Indian banking software specialist, valuing the 24-year-old company at $700 million and taking a roughly 5% stake. The deal gives BusinessNext acces…
China, India, and Hong Kong are the only major stock markets where top companies' share of market capitalization has declined over the past year, reflecting their lag in the global AI race. In China a…