ICT sector stories - Page 12

Vertex Group names Puneeta Rajwant to steer India expansion, InfraTech launch and drive its Vertex 2.0 agenda towards INR ₹1,000 crore.

Mitsumi unveils India push with INR ₹700-1,000 crore IT and mobile distribution expansion across metros and smaller cities over 3 years.

CapitaLand India Trust to sell 20.2% stakes in three data centres to CapitaLand India Data Centre Fund for INR ₹7.02b to boost flexibility.

Accenture to acquire UK AI specialist Faculty for USD $1bn, in its biggest British AI startup deal and a major bet on AI safety expertise.

Marqeta has hired veteran payments executive Patti Kangwankij as CFO, completing a leadership reshuffle under chief executive Mike Milotich.

CFOs seize control of cloud spending as volatile infrastructure and AI costs erode tech start-up margins and strain forecast accuracy.

Linux Foundation unites Anthropic, Block and OpenAI in new Agentic AI hub to standardise tools and protocols for autonomous AI agents.

AI-powered cyber attacks are outpacing thinly staffed security teams, as firms prioritise defence but starve programmes of people and budget.

Snowflake will run Google's Gemini 3 AI models natively in Cortex, keeping enterprise data in-platform while deepening Google Cloud ties.

Airwallex secures USD $330m at a USD $8b valuation and names San Francisco a dual global HQ as it ramps US expansion and AI investment.

Ransomware attacks dipped in November, but ClickFix techniques and alliances between groups like Qilin and CL0P drove fresh risks.

AI dominates CEO earnings calls for the first time, as leaders pair record investment pledges with mounting warnings of an AI market bubble.

Tech Mahindra and Google Cloud will scale Gemini 2.5-based agentic AI to move enterprises from pilots to production-grade, governed workflows.

AI and cybersecurity roles are reshaping India's tech workforce, as tier-2 cities rise as hubs for next-generation digital skills.

Gartner names Google, Microsoft, OpenAI and Palo Alto Networks as frontrunners in nearly 30 fiercely contested AI market “races”.

Databricks secures over USD $4bn in fresh funding, lifting its valuation to USD $134bn as demand for AI data infrastructure surges.

BlackLine snaps up WiseLayer to embed AI agents in its Verity suite, automating complex close tasks and reshaping finance team workloads.

B2B buyers are rebelling against scripted 'discovery theatre' sales, accusing vendors of wasting time, misusing AI and eroding trust.

AI data centres are set to strain power grids, labour and emissions targets, forcing the UK and Australia to rethink energy and skills plans.

Snowflake and Anthropic deepen Claude tie-up with a USD $200m deal to push compliant AI agents across Snowflake's global data cloud.