AI News

In a head-turning move, Sequoia Capital is set to join Anthropic’s cap table in a $25-billion funding round that will also see participation from Singapore’s GIC and US investor Coatue, the Financial Times reported. The investment would value the artificial intelligence startup at $350 billion—more than double its $170 billion valuation just four months ago.

India’s top five IT services firms have added just 17 net employees in the first nine months of FY26, marking an almost absolute freeze in hiring, according to a report by The Times of India. The figure is a steep fall from the 17,764 net hires recorded in the same period last year. The sharp

Tech Mahindra reported a strong December quarter, with consolidated net profit rising 14.1% year-on-year to ₹1,122 crore. Sharp margin expansion and improved operating performance added to the sharp rise in profits.  Revenue from operations increased 8.3% to ₹14,393 crore in Q3 FY26, compared with ₹13,286 crore in the same quarter last year. It indicated steady

Wipro increased its workforce in the December quarter. It added 6,529 employees in Q3 FY26, as fresher onboarding picked up pace amid modest improvement in business activity. The company’s total headcount stood at 2,42,021 at the end of the quarter. The rise in employee numbers comes even as the company reported a decline in profitability