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…
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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…
New Delhi, Jan 16 (IANS) US-based AI safety and research company Anthropic on Friday announced to hire Irina Ghose as Managing Director for India market, as it prepares to open its first office in the country.Ghose, who most recently served as Managing Director, Microsoft India, brings more than three decades of experience in scaling technology businesses.“India has a real opportunity to shape how AI is built and deployed at scale,” she said.Indian organisations are moving beyond experimenta…