Artificial Intelligence - Entrepreneur News Network

Wipro Strengthens Databricks Partnership to Accelerate Enterprise Data and AI Transformation

July 29, 2026 by Ruchi Kumar

Bengaluru: IT services giant Wipro is deepening its collaboration with Databricks to help enterprises modernize their data infrastructure, accelerate artificial intelligence (AI) adoption, and build scalable analytics capabilities. As a Databricks Global Elite Partner, Wipro has established itself as one of the leading implementation partners, supporting organizations with cloud migration, data modernization, governance, and AI-driven … Read more

JPMorgan Reportedly Plans to Hire 1,000 Technology Professionals in India Amid AI and GCC Expansion

July 25, 2026 by Ruchi Kumar

JPMorgan Chase is reportedly planning to recruit around 1,000 technology professionals in India as the global banking giant expands its capabilities in artificial intelligence (AI), cloud computing, and cybersecurity, according to a Moneycontrol report. While the bank has not officially confirmed the hiring target, the reported recruitment drive reflects the growing importance of India’s Global … Read more

Accenture Appoints Sumit Sharma as Managing Director – Data & AI

July 23, 2026 by Ruchi Kumar

Accenture has appointed Sumit Sharma as Managing Director – Data & AI, strengthening its leadership team as enterprises accelerate investments in artificial intelligence, data analytics, and digital transformation. Based in Noida, Sharma joins Accenture after serving as Vice President and Head of Global Data & AI Delivery at Coforge, where he led large-scale AI and … Read more

ServiceNow Beats Q2 Expectations as AI Business Crosses US$1 Billion Annual Contract Value

July 23, 2026 by Ruchi Kumar

ServiceNow has reported stronger-than-expected financial results for the second quarter of fiscal 2026, exceeding the high end of its guidance across revenue and profitability while raising its full-year subscription revenue outlook. The enterprise software company reported subscription revenue of US$3.877 billion for the quarter ended June 30, 2026, representing 24.5% year-over-year growth. Total revenue reached … Read more

ST Telemedia Global Data Centres Launches Rajasthan’s First High-Performance Data Centre

July 22, 2026 by Ruchi Kumar

ST Telemedia Global Data Centres (India) (STT GDC India) is doubling down on India’s digital infrastructure boom with the launch of STT Jaipur 1, the first enterprise-grade colocation data centre in Rajasthan. The new facility positions Jaipur as an emerging destination for AI infrastructure, cloud computing, and enterprise digital transformation, while extending STT GDC India’s … Read more

TCS has acquired two land parcels to support OpenAI’s planned AI infrastructure in India

July 21, 2026 by Ruchi Kumar

Tata Consultancy Services (TCS) has acquired two strategic land parcels in Andhra Pradesh and Pune as part of efforts to support OpenAI’s planned artificial intelligence infrastructure expansion in India, according to media reports. The acquisitions represent a significant milestone in India’s rapidly evolving AI infrastructure landscape and underscore TCS’ growing focus on hyperscale data centres, … Read more

Skylark Labs Eyes $150 Million Funding at $1 Billion Valuation to Scale AI-Powered Defense Technology

July 21, 2026 by Ruchi Kumar

California-based artificial intelligence startup Skylark Labs is reportedly in advanced discussions to raise between $100 million and $150 million in a new funding round that could value the company at more than $1 billion, positioning it to join the growing list of AI unicorns. The company, which develops AI-powered autonomous systems for defense, border security, … Read more

Steptrade Capital Announces First Close of ₹500 Crore Chanakya Opportunities Fund II with Over ₹100 Crore in Commitments

July 20, 2026 by Ruchi Kumar

Ahmedabad-based investment firm Steptrade Capital has announced the successful first close of its Category II Alternative Investment Fund (AIF), Chanakya Opportunities Fund II (COF II), securing investor commitments exceeding ₹100 crore within just three months of its launch. The fund, introduced in February 2026 with a target corpus of ₹500 crore, is designed to invest … Read more

Global Aerospace Giants Expand GCC Presence in India, Reinforcing the Country’s Position as an Engineering Powerhouse

July 20, 2026 by Ruchi Kumar

India’s rise as a global engineering and innovation destination is gaining further momentum as several of the world’s leading aerospace and aviation companies continue to strengthen their Global Capability Centre (GCC) presence across the country. According to industry data highlighted by NASSCOM, multinational aerospace companies are increasingly leveraging India’s highly skilled engineering workforce to design, … Read more

UK-Based Kyren CS Expands operations to India

July 20, 2026 by Ruchi Kumar

India: As India continues to cement its position as one of the world’s fastest-growing technology hubs, Kyren Consultancy Services (Kyren CS) has announced the expansion of its operations into India, marking a significant milestone in the company’s global growth journey. Founded in the United Kingdom in 2022, Kyren CS is positioning its India expansion as … Read more

HCLTech expands India footprint with Global Technology Center in GIFT City

July 18, 2026 by Ruchi Kumar

Ahmedabad: HCLTech, one of the world’s leading technology companies, has inaugurated its Global Technology Center in GIFT City, Gujarat, marking a significant expansion of its artificial intelligence (AI) and digital engineering capabilities in India. The new center will develop AI-led solutions for global financial services clients while serving as a hub for technology innovation, research, … Read more

Madison Air Solutions Raises $2.23 Billion in Landmark IPO to Capitalize on AI Data Centre Boom

July 18, 2026 by Ruchi Kumar

New York: Madison Air Solutions (NYSE: MAIR) has raised $2.23 billion through its initial public offering (IPO), making it the largest U.S. industrial IPO since 1999. The offering values the company at $13.2 billion, underscoring growing investor confidence in businesses supporting the rapid expansion of artificial intelligence (AI) infrastructure. Rather than competing in the AI … Read more

Whale Raises $40 Million in Series C Extension, Total Series C Funding Reaches $100 Million

July 17, 2026 by Ruchi Kumar

Singapore: Enterprise artificial intelligence (AI) company Whale has secured $40 million in a Series C extension, taking its total Series C funding to $100 million. The fresh capital will support the company’s international expansion across North America, Europe, and the Middle East, while strengthening its AI-powered enterprise operations platform. The latest funding round underscores growing … Read more

Uttar Pradesh to Develop India’s Largest Robotics & AI Manufacturing Hub in Noida

July 17, 2026 by Ruchi Kumar

Lucknow: The Uttar Pradesh Government is preparing a major push into artificial intelligence (AI), robotics, quantum computing, semiconductor design, and other frontier technologies with plans to establish India’s largest integrated robotics and advanced manufacturing hub in Noida. The ambitious initiative forms part of the state’s broader strategy to position Uttar Pradesh as a national leader … Read more

Tech Mahindra Reports 28% Growth in Q1 FY27 Profit, Deal Wins Cross $1 Billion for Third Consecutive Quarter

July 16, 2026 by Ruchi Kumar

Pune: IT services company Tech Mahindra reported a strong financial performance for the first quarter of FY27, with consolidated net profit rising 28% year-on-year to ₹1,465 crore, supported by robust deal wins, expanding margins, and growing demand for AI-led digital transformation services. The company also posted 17.7% year-on-year growth in consolidated revenue, which increased to … Read more

Mandrake Bio Raises ₹16 Crore in Pre-Seed Funding to Advance AI-Powered Protein Design Platform

July 16, 2026 by Ruchi Kumar

Bengaluru: AI-driven biotechnology startup Mandrake Bio has secured approximately ₹16 crore in a pre-seed funding round co-led by Activate and Antler, marking a significant milestone in its mission to develop next-generation programmable gene-editing technologies. The funding round also attracted participation from Spectrum Impact and DeVC, along with notable angel investors including Vijay Chandru, Paras Chopra, … Read more

India’s AI Boom Has a Cooling Problem Nobody’s Solved Yet — And It’s Not About Chips or Capital

July 16, 2026 by Ruchi Kumar

Bengaluru: India’s data centre industry is racing to build AI-ready infrastructure worth billions of dollars, but a critical engineering challenge is rapidly emerging behind the scenes—how to efficiently cool next-generation AI servers without placing unsustainable pressure on the country’s electricity and water resources. As hyperscalers, cloud providers and enterprises accelerate investments in GPU-powered infrastructure, cooling … Read more

Naqi Logix Appoints Dino Mariutti to Board of Directors to Accelerate Global AI-Neurotechnology Growth

July 16, 2026 by Ruchi Kumar

Vancouver, Canada: AI-neurotechnology company Naqi Logix Inc. has announced the appointment of Dino Mariutti to its Board of Directors and as Chair of the Audit Committee, strengthening the company’s leadership as it expands its global commercialization strategy and AI-powered neural interface platform. The appointment comes as Naqi Logix accelerates the development and international deployment of … Read more

Cribl Acquires Israeli Cybersecurity Startup CardinalOps to Strengthen AI-Powered Security Platform

July 15, 2026 by Ruchi Kumar

San Francisco | Tel Aviv: U.S.-based telemetry management company Cribl has announced the acquisition of Israeli cybersecurity startup CardinalOps, strengthening its artificial intelligence-driven cybersecurity platform and expanding its global operations. While the companies did not officially disclose the financial terms of the transaction, industry estimates value the deal at approximately $100 million. The acquisition is … Read more

TCS Launches AI-Powered Autonomous Engineering Lab with NVIDIA in Bengaluru

July 15, 2026 by Ruchi Kumar

Bengaluru | Mumbai: Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has launched the TCS Autonomous Engineering Lab Powered by NVIDIA at its Global Axis campus in Bengaluru. The new facility will function as a dedicated Physical AI hub designed to accelerate the development, testing, and deployment of AI-driven … Read more