New Delhi, Feb 16 (IANS) US-based AI company Anthropic is in the middle of a deeper controversy as the Pentagon (now called the Department of War) is reportedly considering to snap its ties with Dario Amodei-run firm over its insistence on “maintaining some limitations” on how the US military uses its AI models.Anthropic’s AI model Claude was reportedly used in the US military’s operation to capture former Venezuelan President Nicolas Maduro (through its partnership with AI software f…
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New Delhi, Feb 16 (IANS) Indian IT companies will remain focused on profits rather than employment, as AI threatens to disrupt industries across the spectrum, former HCL Technologies CEO Vineet Nayyar said here on Monday while speaking at the ‘AI Impact Summit 2026’.Speaking at a session on the opening day of the AI Summit, Nayyar said that from an employment point of view, “I think it is very important for us to understand that Indian companies, including Indian IT companies, are going to…
Washington, Feb 13 (IANS) Artificial intelligence (AI) is no longer a future opportunity for India — it is an immediate strategic test, said Anupam Govil, Chief Tech and AI Evangelist and Managing Partner at global management consulting firm Avasant, adding that the country must lead in AI and must “reinvent how AI is being leveraged”.“India is at a pivotal point in its evolution as a technology hub,” Govil said in an interview with IANS ahead of the ‘India AI Impact Summit 2026’ i…
Mumbai, Feb 13 (IANS) The Indian equity markets posted notable losses early on Friday as IT stocks plummeted for the second consecutive session tracking weakness in US tech stocks over AI fears.As of 9.25 am, Sensex lost 672 points, or 0.80 per cent, to reach 83,002, and Nifty lost 207 points, or 0.80 per cent, at 25,600.Main broad-cap indices posted stronger losses than benchmark indices, as the Nifty Midcap 100 declined 1.38 per cent, and the Nifty Smallcap 100 dipped 1.62 per cent.All sectora…
New Delhi, Feb 12 (IANS) The technology sector saw heightened panic selling on Thursday, sending the Nifty IT index down 5.51 per cent to a four‑month low as investors were spooked over AI‑led disruption and weaker hopes for near‑term US interest‑rate cuts.The combined market capitalisation of Nifty IT constituents collapsed to Rs 27,32,579 crore down roughly Rs 1.6 lakh crore.Shares of major software exporters tumbled over 5.5 per cent each, with Tata Consultancy Services falling 5.48 p…
Mumbai, Feb 4 (IANS) Indian equity markets closed almost flat on Wednesday, snapping a two-day rally, as a sharp fall in information technology (IT) stocks weighed on the benchmark indices. Investor sentiment turned cautious after fresh concerns about advances in artificial intelligence (AI) hit global software stocks.At the closing bell, the Nifty rose 48.45 points, or 0.19 per cent, to settle at 25,776.00. The Sensex gained 78.56 points, or 0.09 per cent, to end at 83,817.69.Nifty traded in a …
New Delhi, Feb 4 (IANS) Concerns over software stocks globally impacted Indian IT stocks on Wednesday as US AI firm Anthropic expanded its enterprise AI assistant with a new automation layer designed to handle complete business workflows.Investor caution of artificial intelligence replacing significant portions of the software business, resulting in a massive sell-off now known as the “SaaSpocalypse.”The new AI assistant could automate legal document reviews, compliance checks, sales planning, m…
Mumbai, Feb 4 (IANS) The Indian equity markets posted moderate gains on Wednesday morning with broad-based gains across sectors, weighed down by losses in IT stocks due to AI-driven ‘SaaSpocalypse’.The Indian IT stocks plummeted tracking negative Wall Street cues over steeper competition and lower margins, stemming from AI advancement, after the latest launch of a legal tool by Anthropic for its Claude AI chatbot.As of 9.25 am, Sensex added 44 points, or 0.05 per cent, to reach 83,783, and N…
New Delhi, Feb 1 (IANS) The six-wheeled Perseverance rover has completed the first drives on Mars that were planned by artificial intelligence (AI), NASA said.Conducted on December 8 and 10, 2025, the demonstration used generative AI to create waypoints for Perseverance. The complex decision-making task is typically performed manually by the mission’s human rover planners at the US space agency’s Jet Propulsion Laboratory in Southern California.“This demonstration shows how far our capabil…
New Delhi, Jan 17 (IANS) India accounted for the second‑highest global use of US AI firm Anthropic’s Claude.ai, with most activity concentrated in technical and software development work, a report has said.The report from Anthropic said that five of the top 10 use cases in India fall within software development and that 45.2 per cent of use cases revolve around computer and mathematical work.The report highlighted that Indian users are two times overrepresented in the survey conducted on Claud…