AI company news, venture capital funding, startup launches, mergers, acquisitions, and major market moves in the AI industry.
Why does a new research hub in Bangalore matter for a global consulting firm? Cognizant announced a $1 billion generative‑AI spend in 2023, but the details of how that money will be deployed have been sparse.
Microsoft has tapped four global services powerhouses—Cognizant, Infosys, Tata Consultancy Services and Wipro—to act as “frontier firms” for the rollout of its AI‑driven Copilot suite.
Okta’s latest move signals more than a budget line item. The identity‑management firm announced a fresh R&D budget aimed at bolstering its artificial‑intelligence operations on the Bengaluru campus, a site it has already positioned as a regional...
Meta is eyeing a paid tier for its next AI system, a shift that would mark a clear break from the model it rolled out last year.
Hardware designers have long accepted a costly reality: most initial prototypes miss the mark. A single revision often requires a costly redesign, pushing back product timelines and inflating budgets.
Virtusa’s latest move pulls the curtain back on a strategy that’s been hinted at for months.
Amazon announced a $35 billion infusion into India that will stretch to 2030, with a pledge to create roughly one million jobs and to roll out new artificial‑intelligence services across the market.
The AI world is coalescing around a new collaborative body. Earlier this month, several of the sector’s biggest names signed on to the Agentic AI Foundation, a nonprofit that promises to shape how autonomous software talks to the tools it needs.
OpenAI’s latest hire signals a clear push toward the business side of artificial intelligence.
Marketing teams have spent years feeding AI models with endless data feeds, only to get back polished copy or predictive charts that sit on a shelf.
The Verge’s flagship podcast has spent the past twelve months cataloguing a torrent of product launches, corporate shake‑ups and cultural oddities that defined the tech calendar.
ElevenLabs’ revenue trajectory looks almost cinematic. After rolling its voice‑generation suite to the public in January 2023, the startup hit the $100 million annual recurring revenue mark by October 2024—a milestone that would have seemed...
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