Business & Startups - Page 35 of 47
AI company news, venture capital funding, startup launches, mergers, acquisitions, and major market moves in the AI industry.
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Avanade expands India ops; CEO Nadella and Avanade's Kapoor discuss AI growth
India’s AI moment is not just coming, it has arrived, and the industry’s biggest players are doubling down.
Adobe reports record revenue, cites growing role in global AI ecosystem
Adobe's annual revenue hit a record $19.6 billion. A staggering fact now defines its business: one-third of that money depends on artificial intelligence. This isn't a celebration. It's a strategic retreat. The company lost the generative AI war.
NeoSapien raises USD 2M to launch NeoOS AI OS and NeoCore SDK for wearables
Forget bulky headsets and awkward smart glasses. NeoSapien is building the invisible brain behind the next generation of wearables, and it just raised $2 million to prove it.
Cognizant launches AI Lab and Moment Studio in Bengaluru, boosting USD 1B AI plan
Cognizant just laid the foundation for its billion-dollar gamble. Concrete was poured today in Bengaluru for a new AI Lab and Moment Studio, physically anchoring its massive generative AI investment in India.
Microsoft names Cognizant, Infosys, TCS, Wipro as Frontier Firms for Copilot
Microsoft has picked four winners for the AI grunt work. It named Cognizant, Infosys, Tata Consultancy Services, and Wipro as its official "Frontier Firms" for deploying Microsoft 365 Copilot. The label is marketing. The deal is not.
Okta to invest in R&D, expand Bengaluru AI hub, grow India staff 50% by 2026
The identity security giant is placing a massive bet on Bengaluru, and on the high-stakes game of securing artificial intelligence.
Meta may charge for future AI model, shifting from Llama 4 open-source
Mark Zuckerberg built Meta’s reputation on giving powerful AI away for free. The open-source Llama models were supposed to democratize intelligence, challenge the gatekeepers. Then came Llama 4.
Quilter's AI designs 843-part Linux board that boots on first try, defying 10% success norm
The hardware industry has long accepted a grim statistic: roughly nine out of ten first-pass board designs fail. That 10% success rate is baked into timelines, budgets, and resigned sighs. But Quilter’s AI just shattered that expectation.
Virtusa Acquires SmartSoC, Adds Semiconductor Chip Design to Cloud Services
Virtusa just bought a hardware company. That's the fact. The digital engineering firm, known for cloud services, is now digging directly into the physical guts of the machines its software runs on with its acquisition of semiconductor chip design...
Amazon to invest USD 35 B in India by 2030, add 1 M jobs, digitise 1.2 cr small firms
Amazon just announced another $35 billion for India. The company is past testing the waters. It’s pouring concrete. The plan runs to 2030. It includes a million new jobs and a pledge to wire AI tools into 15 million small businesses.
Leading AI firms unite under Agentic AI Foundation to set agent standards
Forget "chatbots." The new mandate is action: order supplies, file reports, execute code. But when every firm builds its own robotic butler with a unique command set, chaos reigns.
OpenAI appoints former Slack CEO as CRO, bringing 14 years at Salesforce
OpenAI just hired a corporate mechanic. Her name is Denise Dresser, former CEO of Slack, and her new title is chief revenue officer. The appointment trades pure research prestige for enterprise sales grit.
Brand-Context AI Makes Marketing AI a Strategic Partner, Not Isolated Output
Most marketing AI is a parrot. It mimics language without grasping your story, generating generic output that requires human correction. That's not a partner; it's a broken tool, a core frustration for teams using standard platforms.
The Vergecast 2025 Review: Tech’s Best, Worst, Biggest and Weirdest Moments
Tech years don't end cleanly. They sputter and crash, leaving a heap of dead gadgets, empty promises, and the occasional product that actually worked. The Vergecast crew is back to pick through the 2025 debris.
ElevenLabs adds USD 14 M ARR in one day, hits USD 200 M in August, eyes USD 300 M by Jan
The numbers for ElevenLabs no longer look like business metrics. They look like telemetry from a rocket mid-launch. The AI audio company booked $14 million in annual recurring revenue in one day this August, pushing its total past $200 million.
Microsoft pledges USD 17.5 bn to boost India's AI ambition, says minister
Microsoft's $17.5 billion pledge isn’t just a check, it’s a declaration. India, the minister says, is no longer just a digital public infrastructure powerhouse; it’s becoming the world’s AI public infrastructure partner.
Accenture to train 30,000 staff on Claude and roll out Claude Code to developers
The business of reinventing business is getting an artificial intelligence partner that thinks like a coder.
Stealth AI Startup Raises USD 475 M to Pursue Biology-Scale Compute
Forget incremental gains. A startup emerging from stealth with $475 million is betting on a radical premise: that the only way to sustain artificial intelligence is to mimic the efficiency of biology. The math is stark.
Emergent Secures Google AI Futures Fund to Grow Agentic Vibe-Coding Platform
Most AI startups sell a promise. Emergent sells a product, and Google just bought a piece of it. This week, the tech giant's AI Futures Fund cut a check. The company’s platform takes a rough idea and spits out a working app. No developers required.
Chinese AI firms build unregulated workforce via WhatsApp, mobile payments
A phone buzzes in Nairobi. Another task arrives in a WhatsApp group, another piece of the global AI puzzle assembled in Kenya. Payment flashes via M-Pesa minutes later. There’s no contract, no listed employer.
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