October 2026

Indian IT’s New Workforces Come with a Margin Challenge

More than 20,000 employees have moved from global capability centres (GCCs), enterprise IT subsidiaries and product operations to IT services providers over the past 12 months, estimates Pareekh Jain, CEO of EIIRTrend, a market research firm.  Around 3,000 were part of pure GCC transitions, with the rest coming from internal operations, third-party services, enterprise IT […]

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Anthropic Makes $2.08 in Revenue for Every $1 Spent on Compute — Here’s the Full IPO Story

Anthropic has filed to go public in the US. Its IPO filing offers a closer look at its exponential revenue growth, mounting infrastructure costs, potential losses and concerns over the safety of its AI systems. It plans to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol ANT.

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Venttup Raises $3 Million To Expand Precision Manufacturing

Venttup has raised $3 million in a pre-Series A round led by Rainmatter by Zerodha and Unicorn India Ventures to scale production for deep-tech companies and OEMs. The company plans to invest in precision manufacturing, rapid prototyping and AI-driven sourcing as it builds a more integrated pathway from engineering development and component validation to scalable

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Solink raises more than $100M to pull business data from security cameras with AI

Video intelligence company Solink Corp. revealed today that it has raised more than $100 million in new funding. Solink started out in Ottawa in 2009 selling cloud video surveillance, and its software now uses artificial intelligence to pull information out of the security cameras retailers, restaurants and warehouse operators already have installed. The company said

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Crux Labs raises over $6M to improve enterprise agents with human judgment

Crux Labs, an artificial intelligence platform turning enterprise judgment into continuous agent improvement, launched today with over $6 million in funding. Benchstrength and Misneach led the round, with participation from Analog Ventures and Pareto Holdings. The scale of enterprise AI agents in deployment can range from thousands to millions of user interactions per day. Existing observability

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Sarvam AI Rolls Out Indus Cowork to 2,500 Maharashtra Govt Officials

Sarvam AI’s Indus Cowork is being rolled out to 2,500 Maharashtra government officials following its launch by Chief Minister Devendra Fadnavis on October 28. The AI productivity platform is designed to help officials draft documents, analyse reports, summarise files and search government records. The Maharashtra government approved the deployment of Sarvam’s sovereign AI solutions in

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India’s Enterprises are Scaling AI. Is the Infrastructure Ready?

Indian enterprises are investing in artificial intelligence, but deploying AI agents across business operations presents a challenge that goes beyond the models themselves: whether existing digital infrastructure can support them. AI agents need to retrieve information from enterprise databases, connect with business applications and carry out tasks across systems. Yet many organisations still rely on

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NVIDIA Launches Open-Weight Transcription Model for 40 Languages

NVIDIA released Nemotron 3.5 Transcribe on October 28, an open-weight speech model that can transcribe audio in 40 languages, translate speech and identify speakers. Developers can use natural-language instructions to control transcript formatting without retraining the model, according to NVIDIA. The model supports verbatim transcripts, cleaned-up written text, domain-specific terminology and code-switched speech. It can

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Computerized clairvoyance: psychics push back against AI-generated readings

Human practitioners warn computer-generated offerings lack the empathy and connection central to divination “This journey isn’t just about algorithms or data,” an AI psychic named Urban Mystic recently told me. The chatbot, featuring an AI-generated profile photo of a smiling woman surrounded by palm trees, also said I will get married soon, that I have

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The AI Slowdown Narrative Doesn’t Reflect Enterprise Reality

While the West debates slowing frontier AI development, enterprises are rushing to adopt the technology across their business processes. But deploying AI at scale remains a challenge, as enterprises struggle to keep pace with rapidly advancing capabilities. Industry leaders across AI, data science, financial services, and technology say the challenge is no longer limited to

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