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Gartner Forecasts Global AI Spending to Hit $2.6 Trillion in 2026

New Delhi, May 19 -- Worldwide spending on artificial intelligence is projected to reach $2.59 trillion in 2026, growing 47% year-on-year, as hyperscalers, cloud providers, and technology vendors cont... Read More


Lightspeed Backs Trackk As Gen Z Joins Markets

New Delhi, May 19 -- Trackk has raised $3.7 million in seed funding led by Lightspeed, with participation from Info Edge Ventures and several angel investors. The Mumbai- and Bengaluru-based startup i... Read More


Ebix Technologies Targets 20% Growth in India Amid Insurance Tech Expansion

New Delhi, May 19 -- Ebix Technologies is expanding its India-focused insurance technology and financial services operations as the company projected more than 20% year-on-year organic growth in the c... Read More


IESA Calls Tata Electronics-ASML Tie-Up A Game Changer For India's Chip Manufacturing Push

New Delhi, May 18 -- India's semiconductor ambitions received a major boost as the Tata Electronics and ASML partnership announcement drew strong support from the India Electronics and Semiconductor A... Read More


AI Roles Now Drive One-Third of Startup Tech Hiring in India: foundit Report

New Delhi, May 15 -- India's startup hiring ecosystem is moving toward a more specialised and productivity-focused phase, with artificial intelligence (AI), software-as-a-service (SaaS), and mid-level... Read More


Gurugram-Based Instafix Raises Capital to Scale 30-Minute Phone Repair Service

New Delhi, May 14 -- Gurugram-based smartphone repair startup Instafix has raised Rs 7.55 crore in a pre-seed funding round co-led by Titan Capital and 8i Ventures, as investors continue to back start... Read More


IPL Cyber Frauds Rise With 600 Fake Ticket Sites And 400 Streaming Scams

New Delhi, May 13 -- As the frenzy around the Indian Premier League continues, cybersecurity researchers at CloudSEK have uncovered a sprawling cybercrime network exploiting cricket fans through fake ... Read More


Backed By Alphabet, Isomorphic Labs Raises $2.1 Billion To Scale AI Drug Discovery Platform

New Delhi, May 13 -- Isomorphic Labs, the AI-first drug discovery company founded by Demis Hassabis, has raised $2.1 billion in a Series B funding round as competition intensifies around artificial in... Read More


Celonis Acquires Ikigai Labs To Add Decision Intelligence And Forecasting

New Delhi, May 13 -- Celonis has launched the Celonis Context Model (CCM) and announced a definitive agreement to acquire Ikigai Labs, as the process intelligence company looks to address one of enter... Read More


Nasscom Highlights Hybrid Work Readiness as Fuel Concerns Rise

New Delhi, May 12 -- India's technology industry has said it is continuing with established hybrid work models as companies respond to Prime Minister Narendra Modi's recent call to reduce fuel consump... Read More