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Artificial Intelligence

Alphabet Market Cap Wipeout: Stock Sheds Nearly $500B

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google

November, 2, 2026 – Alphabet stock plunged nearly 13% on October 29, 2026, wiping out approximately $475 billion in market value after the Google parent reported weaker-than-expected earnings and negative free cash flow. Rising artificial intelligence infrastructure costs, slower-than-expected search advertising growth and uncertainty over future spending intensified investor concerns. Alphabet, the parent company of … Read more

Jio Platforms Stock Holds 28% IPO Premium After a Week

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jio

November, 2, 2026 – Jio Platforms shares climbed nearly 28% above their IPO price by October 30, 2026, following a strong market debut. The Reliance Industries subsidiary raised ₹30,213 crore through India’s largest-ever IPO, with investors watching its growth prospects in 5G, broadband, artificial intelligence and digital services. Jio Platforms shares continued to trade above … Read more

LSEG Octus Acquisition: Why the $3.535 Billion Deal Could Strengthen Its Position in the AI Era

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LSEG

November, 1, 2026  – The LSEG Octus acquisition marks a significant move in the battle for high-value financial data, as London Stock Exchange Group prepares to spend $3.535 billion in cash to acquire a specialist in private-credit intelligence. Announced on October 22, 2026, the transaction reflects a strategic priority for financial-data companies: securing information that … Read more

Anthropic Junk Credit Rating Warning Raises Questions Ahead of $1.5 Trillion IPO

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Anthropic

November, 1, 2026 – Anthropic could face a speculative-grade, or “junk,” credit rating following its anticipated public listing, according to reports citing guidance from investor Blackstone. The warning highlights a growing financial debate around the AI company’s rapid expansion, substantial infrastructure commitments and ability to sustain its growth. Anthropic’s reported IPO ambitions are colliding with … Read more

AI Law Firm Crosby Bids for Weil Gotshal’s Brand and Data as 95-Year-Old Firm Winds Down

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Information

November,1, 2026 –  AI-native law firm Crosby has reportedly submitted a letter of intent to acquire the brand, trademarks and internal data of Weil, Gotshal & Manges as the storied Wall Street law firm prepares to wind down. The proposed deal remains unapproved and highlights how artificial intelligence could reshape the legal services industry. Crosby, … Read more

Trackon Appoints Chandra Prakash as Chief Executive Officer

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Chandra Prakash

12 October 2026, India – Trackon Couriers Pvt. Ltd. has elevated Chandra Prakash, also known as CP, to the position of Chief Executive Officer, effective October 1, 2026. He will lead the company’s next phase of growth, with priorities spanning network expansion, technology adoption, channel partnerships and service reliability. A key focus of the new … Read more

HCLTech Partners With Anthropic to Scale Enterprise Agentic AI

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HCLtech

12 October 2026, India / Global – HCLTech has announced a Global Premier Partnership with Anthropic to accelerate the adoption of agentic artificial intelligence (AI) across enterprises, with a focus on safety, cybersecurity and governance. Under the partnership, HCLTech’s services teams will develop industry-specific solutions and offerings powered by Anthropic’s Claude, Cowork and Claude Code. … Read more

CoreWeave Enters India With 240 MW AI Data Center Campus in Navi Mumbai

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CoreWeave

October 8, 2026, Mumbai, India – AI cloud infrastructure provider CoreWeave has announced its entry into India through a collaboration with AdaniConneX, with plans to develop 240 megawatts (MW) of data center capacity in Navi Mumbai. The expansion will extend CoreWeave’s AI Cloud platform into one of the world’s fastest-growing AI and digital infrastructure markets, … Read more

CRMIT Solutions Acquires Brooke Global to Strengthen Public Sector Consulting in Australia

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Credit: L-R: Bruce McGregor (Brooke Global), Vinod Narapa Reddy (CRMIT Solutions)

October 8, 2026, Bengaluru, India / Australia – Bengaluru-headquartered CRMIT Solutions Pvt. Ltd. has announced that its Australian subsidiary, CRMIT Australia Pty Ltd, has acquired Brooke Global, an Australian consulting firm specialising in business process transformation, service redesign and digital consulting for public sector and regulated organisations. The all-cash acquisition will add Brooke Global’s 40-member … Read more

Birlasoft Named OpenAI Select Partner to Accelerate Enterprise AI Adoption

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Birlasoft

October 8, 202, India – Birlasoft has announced that it has been named an OpenAI Select Partner within the OpenAI Partner Network, strengthening its collaboration with OpenAI to help enterprises build, deploy and scale artificial intelligence solutions. The OpenAI Partner Network is designed to bring together organizations with industry expertise, technology delivery capabilities and established customer … Read more

Cognizant Extends Gilead Sciences Partnership for Five Years to Advance DevOps and Agentic AI

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cognizant

October 8, 2026, India –  Cognizant has announced a five-year extension of its collaboration with Gilead Sciences, expanding its role in supporting the biopharmaceutical company’s technology environment, DevOps capabilities and selected applications of agentic artificial intelligence. Under the extended agreement, Cognizant will support Gilead’s continued development of DevOps capabilities and the responsible use of agentic … Read more

CDK Names Sudhakar Ramakrishna as President and CEO

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Sudhakar

October 5, 2026 CDK has appointed Sudhakar Ramakrishna as President and Chief Executive Officer, as the automotive technology company prepares for its next phase of growth. Ramakrishna will also join the CDK Board of Directors, effective October 5. He succeeds Brian MacDonald, who is retiring from his role and will continue supporting Brookfield and CDK … Read more

HCLTech Announces AI Upskilling for 1,000 UP Students, HCL Group Plans ₹500 Crore Lucknow Expansion

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HCLtech

October 6, 2026, Lucknow and Noida, Uttar Pradesh –  HCLTech has announced a major talent development and infrastructure expansion initiative in Uttar Pradesh as the technology company marks 10 years of operations in Lucknow. The company plans to train 1,000 students across Uttar Pradesh in artificial intelligence and allied technologies during FY27 through its LITMUS … Read more

LTM Expands Google Cloud Collaboration to Accelerate Gemini Enterprise Adoption

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LTM

Mumbai, 7 October 2026: LTM has announced an expanded collaboration with Google Cloud aimed at helping enterprises accelerate the adoption of Google Cloud’s Gemini Enterprise and scale AI-powered solutions across their organizations. The collaboration combines Gemini Enterprise’s AI capabilities with LTM’s industry expertise, engineering talent and global delivery capabilities to help businesses move from experimental … Read more

Trentar Plans ₹30,000 Crore Green Integrated Hyperscale Data Centre in Maharashtra

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Trentar

Mumbai, Maharashtra | October 6, 2026 – Trentar, the technology and infrastructure arm of Dorf Ketal Group, plans to develop a 500 MW green integrated hyperscale data centre project in Maharashtra with a proposed investment of ₹30,000 crore ($3.3 billion). The company recently signed a Memorandum of Understanding (MoU) with the Government of Maharashtra for … Read more

Gnani AI Launches Ascent Partner Program to Accelerate Sovereign Enterprise AI Adoption

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Gnani.ai

Gnani AI has launched Gnani Ascent, a flagship partner program designed to accelerate the adoption of sovereign, frontier-grade AI across enterprises and help businesses move from AI experimentation to production. As enterprises increasingly transition from AI pilots to real-world deployments, the challenge is shifting from access to AI capabilities to integrating intelligence into existing systems, … Read more

Tech Mahindra Expands Agentic AI Capabilities With Google Cloud Partnership

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Tech-Mahindra-Accelerates-Enterprise-AI-Transformation-with-Gemini-Enterprise

6, October, 2026, India- Tech Mahindra is expanding its agentic AI readiness through its partnership with Google Cloud, with a focus on scaling hands-on expertise in Gemini Enterprise across its global workforce. The initiative is designed to strengthen Tech Mahindra’s ability to help enterprise customers transition from AI experimentation to production-ready deployment and adoption. The … Read more

Databricks Acquires Row Zero to Bring Governed Spreadsheets to Enterprise AI

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Databricks

SAN FRANCISCO — September 24, 2026: Databricks has acquired Row Zero, a spreadsheet platform designed to help business users and AI agents work directly with enterprise data. The acquisition is expected to expand the capabilities of Genie, Databricks’ AI coworker, by adding a familiar spreadsheet environment where teams can explore data, build models and collaborate … Read more

Check Point Software Appoints Krishnan V V as Managing Director and Country Head for India and South Asia

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Krishnan V V

September 23, 2026 | India Check Point Software Technologies Ltd. has appointed Krishnan V V as Managing Director and Country Head for India and South Asia, strengthening its leadership team as businesses across the region accelerate cloud adoption, digital transformation and artificial intelligence initiatives. The appointment comes at a time when cybersecurity requirements are expanding … Read more

Virtusa Appoints Srinivas BG as Chairman of the Board

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Srinivas-BG

September, 23, 2026 – Virtusa Corporation has appointed Srinivas BG as its new Chairman of the Board of Directors, effective October 1, 2026, bringing more than four decades of global leadership experience across technology, telecommunications, financial services and manufacturing. The leadership transition comes as the technology services industry undergoes rapid changes driven by artificial intelligence, … Read more