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• IOB blames Infosys for NetBanking lapse, reverts to its old system

  Indian Overseas Bank reportedly experienced major internet banking lapses after rolling out a new platform. In a recent update to customers, the bank cited technical failures by its vendor, Edgeverve (Infosys' subsidiary), and its inability to solve the issues promptly as the reason for shifting back to the old platform.

  

• Big Tech may be breaking the bank for AI, but investors love it

  AI played a bigger role in driving demand across internet search, digital advertising and cloud computing in the April-June quarter, powering revenue growth at technology giants Microsoft, Meta, and Alphabet.

  

• IT firms pivot from mass fresher hires to specialised talent signups

  While base salaries for bulk hires remain largely flat, in the Rs 2.8-3.6 lakh per year range, freshers being hired for specialised skills are drawing up to Rs 12-15 lakh a year, according to data from recruitment firms like Adecco, Quess and NLB Services.

  

• 40 jobs at risk of replacement by AI tools like Copilot: Microsoft report

  A recent Microsoft study suggests that AI is likely to replace 40 jobs such as those of translators, writers, and customer service workers. These roles involve tasks that AI tools can now perform. While the study does not estimate job loss, it signals major changes ahead and calls for worker adaptability.

  

• Five in 10 GCCs planning to increase workforce: Report

  Indian GCCs are poised for talent expansion in 2025, with half planning workforce increases. Early career talent remains the focus, but rising churn necessitates internal mobility strategies. While Tier 1 cities dominate hiring, a growing interest exists in Tier 2 and 3 locations, and AI adoption in recruitment is on the rise.

  

• KPIT bets on AI-led mobility to fuel growth; partners with JSW Motors for SDVs

  The Pune-based engineering and software integration firm is intensifying its focus on AI integration, with more than 75% of ongoing programmes incorporating AI-driven applications such as ADAS, vehicle diagnostics, testing and simulation.

  

• Why Elon Musk hates researchers and loves engineers — after he corrected xAI employee Aditya Gupta's hiring post

  Elon Musk is advocating for a unified engineering workforce at xAI and SpaceX, eliminating the title "researcher." He believes this outdated term creates unnecessary hierarchies and hinders collaboration. Musk emphasizes that focusing on practical engineering and accountability will accelerate innovation and deliver tangible results in the fast-paced AI industry, fostering a meritocratic environment.

  

• Microsoft to spend record $30 billion this quarter as AI investments pay off

  ​​I​t came after Google said it would spend more on data centers to meet demand for AI services, and Meta projected higher sales with only modest increases in spending. The trio of results could help resolve investor questions about whether Big Tech is benefiting from its massive data center buildout, with capital spending to reach $330 billion this year.

  

• Is AI causing tech worker layoffs? That's what CEOs suggest, but the reality is complicated

  The template for tech CEO layoff notices in 2025 includes an AI pivot. That nuance is not always clear from the last six months of tech layoff emails, which often include a nod to AI in addition to expressions of sympathy.

  

• Microsoft's Azure cloud revenue surges as AI spending pays off

  Microsoft’s Azure cloud revenue grew 39% in Q4, beating expectations with sales above $75 billion annually. The company’s AI investments, including its OpenAI partnership, drive growth but face renegotiation challenges. Capital spending rose to $24.2 billion, supporting AI demand. Microsoft aims to diversify AI tech beyond OpenAI to maintain leadership.

  

• Agentic AI to impact 1.8 crore jobs across manufacturing, retail and education by 2030: Report

  High-automation positions such as change managers and payroll clerks are increasingly being redefined as AI agents take over repetitive and routine tasks.

  

• TSDSI, ATU ink pact for collaboration on 5G, 6G, AI, rural broadband standards

  TSDSI has already made significant contributions, including the 5Gi specification, aimed at improving rural 5G coverage. The ATU, as the ITU regional telecommunications body for Africa and the ICT arm of the African Union, has similarly coordinated common African positions at the ITU.

  

• Powering India's multilingual AI future with resilient data

  India's linguistic diversity presents both a challenge and an opportunity for AI development. Resilient, multilingual data systems are crucial for inclusive progress, enabling AI models to reflect the country's cultural reality. Solutions like Veeam's Data Platform ensure data protection, accessibility, and usability, fostering innovation in healthcare, agriculture, and e-commerce.

  

• Rapid GCC growth reshapes India's outsourcing industry

  MNCs, which are setting up these GCCs or expanding existing facilities, are also the top spenders of tech for the $280-billion listed Indian pureplay. The increasing insourcing of core tech tasks – especially the top end, high-value work - may be leading to one of reasons for the current rot in the outsourcing industry, marked by a protracted slowdown and now mass-layoffs.

  

• Reliance Jio announces India's first AI-ready cloud computer

  Reliance Jio on Tuesday unveiled JioPC, India's first AI-ready, cloud-based virtual desktop platform.

  

• No layoffs at Infosys: India's second-largest IT company plans to hire more amid buzz over TCS job cuts

  TCS’s decision to lay off over 12,000 staff has sent ripples through India’s IT sector, raising fears of wider job losses. Infosys, however, has ruled out layoffs for now, sticking to its goal of hiring 20,000 graduates while investing heavily in AI training. CEO Salil Parekh highlighted the company's long-term focus on reskilling and adaptability as key to navigating global headwinds. As the industry shifts, Indian IT giants are recalibrating growth strategies to balance talent, automation, and evolving client demands.

  

• OpenAI’s ChatGPT agent outsmarts ‘I am not a robot’ test without detection, raising cybersecurity concerns

  OpenAI's ChatGPT Agent has breached a key internet security measure by passing the 'I am not a robot' CAPTCHA test, raising concerns among cybersecurity experts. This AI's ability to autonomously navigate and perform tasks online challenges traditional verification methods. The incident highlights the urgent need for advanced security frameworks to differentiate between human and AI activity.

  

• TCS CEO earns Rs 26.5 crore as IT major announces massive layoffs

  Krithivasan's salary comprised a base salary of Rs 1.39 crore, alongside Rs 2.12 crore in benefits, perquisites, and allowances, as well as Rs 23 crore in commission, according to the latest annual report.

  

• Saudi Arabia and UAE rank among top 20 AI talent hubs globally

  Saudi Arabia and the UAE now rank among the world’s top 20 countries by AI talent density, holding 0.7% and 0.4% of the global AI workforce, respectively, according to the Global AI Competitiveness Index. Backed by strategic investments in education, infrastructure, and national AI programmes, both countries are rapidly advancing their talent pipelines.