IT Industry stories - Page 7

Juspay raises USD $50m in follow-on funding led by WestBridge Capital, lifting the payments firm to a USD $1.2bn valuation.

AI platform Emergent raises USD $70m Series B from Khosla Ventures and SoftBank to speed global software creation for non-coders.

AI app builder Emergent raises USD $70m Series B to deepen European push, add London offices and hiring as revenue soars to USD $50m ARR.

India and Canada have deepened AI collaboration in Toronto, mapping joint work on responsible tech ahead of the India AI Impact Summit 2026.

Tech Mahindra's sovereign multilingual AI, handling millions of queries in Hindi, Bahasa and regional dialects, is honoured by WEF's MINDS.

British Columbia inks Karnataka life sciences pact in Bengaluru push to deepen biotech, medtech and digital health trade ties with India.

Onepoint leader Sangeetha Viswanathan spotlights women steering global tech delivery, uniting UK-India teams through standards, trust and rigour.

GlobalLogic hires LuJean Smith as CMO to sharpen global brand, push VelocityAI and align with Hitachi's Inspire 2027 growth strategy.

Telcos race ahead on AI-first observability as New Relic links faster AI monitoring uptake to higher returns and fewer costly outages.

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

Zyxel Networks' USG FLEX 50HP firewall has been crowned Security Hardware of the Year at the 2025 PC Pro Excellence Awards in the UK.

Elon Musk's xAI raises USD $20 billion, turbocharging Grok model training and GPU build-out as rivalry in frontier AI heats up.

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.

Cloud.in appoints veteran Vishal Dhanfule as West India sales head to drive growth and deepen cloud adoption across key regional markets.

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

AI-driven demand is set to unleash up to USD $3 trillion in global data centre investment, doubling capacity to 200GW by 2030.

VOSS launches v25.3 of its workplace platform, boosting AI assistant Wingman, Microsoft 365 security, Teams insights and DEM capabilities.

Snowflake invests in Ataccama to embed automated data trust and quality tools deeper into the Snowflake AI Data Cloud for enterprise AI.

Leaseweb hires Jan Willem des Tombe as Global Strategic Relations Director to sharpen its sovereign and hybrid cloud push worldwide.

JFrog appoints former Udemy marketing leader Genefa Murphy as CMO to spearhead global growth in AI-driven software supply chain tools.