Data, AI, & Machine Learning
FM Sitharaman says India must lead GCC shift
Finance Minister Nirmala Sitharaman said India must move from hosting global capability centres to leading technology, product and enterprise work for multinational companies.
Finance Minister Nirmala Sitharaman said India must move from hosting global capability centres to leading technology, product and enterprise work for multinational companies.
India’s largest IT services company reported a 13.6% sequential rise in annualized AI revenue, helped by an $800 million SKF contract, new model partnerships and demand for AI-led operations work
This week brought major developments across AI policy, infrastructure and enterprise technology.
Chief Economic Adviser said the government has moved on Budget measures for GCCs, and industry must now step in by investing in skills, capabilities and innovation.
The ECB has given 110 major lenders until October 31 to prepare action plans, as regulators warn that frontier AI can turn software flaws into attacks within hours.