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HCLSoftware ups AI, Data Stack with Wobby, Jaspersoft Acquisition

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HCLSoftware, the software business division of HCLTech, plans to acquire two analytics-focused firms—Belgium-based AI startup Wobby and Jaspersoft, a business unit of Cloud Software Group—to bolster its data and AI offerings under the Actian portfolio. HCLSoftware said the acquisitions are aimed at accelerating customers’ adoption of GenAI-driven analytics and expanding Actian’s capabilities across data management, […]

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Aerospace-Defence Firm CoreEL Technologies Raises $30 Mn in Series B Funding

Aerospace, AI News, Artificial Intelligence, defence, defence ministry, Funding

Bengaluru-based CoreEL Technologies has raised $30 million in a Series B funding round to scale manufacturing operations, expand research and support aerospace and defence programmes in India and overseas. The round saw a majority investment from ValueQuest Scale Fund, with participation from 360 ONE Asset, the company said in a statement. Steer Advisors acted as

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Alphabet to Acquire Intersect to Advance Data Centre Capacity, Energy Innovation

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Google parent Alphabet is set to acquire Intersect, a data centre and energy infrastructure solutions provider, for $4.75 billion in cash, along with taking on its existing debt. Google already holds a minority interest in Intersect. The acquisition aims to facilitate quicker activation of additional data centre and generation capacity, while promoting energy innovation and

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Yann LeCun, Demis Hassabis Clash Over What ‘General Intelligence’ Means

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A public disagreement between AI researchers Yann LeCun and Demis Hassabis has reopened a long-running debate on whether human intelligence can be described as “general”. In a recent podcast appearance, LeCun said the idea of general intelligence, when used to mean human-level intelligence, is flawed. LeCun argues that “there is no such thing as general

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Sarla Aviation Begins Ground Testing of Air-Taxi in Bengaluru

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Sarla Aviation began ground testing its half-scale electric vertical take-off and landing demonstrator, SYL-X1, at its Bengaluru facility, marking a key step in India’s private air-taxi development efforts. The Bengaluru-based company said the testing will validate structural performance, propulsion integration and system-level safety, as it moves from design and lab work to aircraft-scale trials. The

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Fintech Startup Prosperr.io Raises $4 Mn for AI-driven Tax Management

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Prosperr.io, a Bengaluru-based fintech SaaS company, has secured $4 million in seed funding to develop its AI-driven tax management platform. The funding round was primarily led by Jungle Ventures, with participation from Yatra Angel Network, Sadev Ventures, and other strategic backers. According to the company, this latest funding increases Prosperr.io’s total capital raised to $5.55

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The H-1B Visa Policy Change Might be Good News for Indian IT

Google, Apple, Microsoft Warn H-1B Workers Against Leaving US Amid Visa Delays

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Major US technology companies, including Google, Apple, and Microsoft, have advised some employees on work visas not to travel outside the United States, citing unusually long delays in visa re-entry processing, Business Insider reported. According to the report, immigration law firms representing Google, Apple, Microsoft, and ServiceNow warned employees who need visa stamping for US

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Foxconn hires 30,000 workers at Bengaluru iPhone plant in record ramp-up: Report

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Taiwanese electronics manufacturer Hon Hai Precision Industry (Foxconn) hired nearly 30,000 workers at its new iPhone assembly facility near Bengaluru over the last nine months, marking one of the fastest factory ramp-ups ever seen in India, according to a report by The Economic Times. The move underscores Apple’s strategy to diversify its manufacturing footprint beyond

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Odisha Partners With OpenAI to Train Students and Officials in AI

AI News, Artificial Intelligence, OpenAI

The Odisha government has partnered with OpenAI for multiple initiatives, including building AI skills among students and government officials, piloting AI-led public-sector applications, and supporting Odia-language use cases. Under the collaboration, OpenAI will deliver structured online AI training programmes for college students across Odisha. The company will also conduct training sessions for state-level government officials,

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Gnani.ai Launches Vachana Speech-to-Text Model Under IndiaAI Mission

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Gnani.ai, India’s conversational AI company, announced the launch of Vachana speech-to-text (STT), an Indic STT model trained on over one million hours of real-world voice data, as part of its selection under the Indian government’s IndiaAI Mission. The model is designed to support enterprise speech recognition across multiple Indian languages and sectors, the company said.

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