Indian IT stocks have been under sustained pressure for the past four sessions, dragging benchmark indices lower amid concerns that artificial intelligence (AI) is likely to disrupt the labour-intensive domestic tech sector. The Nifty IT index plunged almost 1% on Monday, February 16, taking its four-day selloff to 9.4%. On a month-to-date basis, the index…
Show Quick Read Key points generated by AI, verified by newsroom Artificial Intelligence: According to the report of Thoughtworks, India has now become the leader in the whole world in adopting Artificial Intelligence models. Especially the use of Large Language Model i.e. LLM has increased fastest in India. The highest monthly and daily active users…
India’s push to adopt Artificial Intelligence (AI) could add as much as $1.7 trillion to the country’s economy by 2035, making technology one of the biggest drivers of growth over the next decade, according to government estimates. The projection comes at a time when India is significantly stepping up public investment and policy support for…
Legal tech AI firm Legora has raised $150 million in a Series C led by Bessemer Venture Partners, valuing the Stockholm-based company at $1.8 billion. The fundraise comes amid sharp demand: Legora’s customer base has risen from 350 to over 550 in six months, with operations now spanning more than 50 countries. Clients include Linklaters,…
