Vinod Khosla predicts AI will kill Indian IT sector in five years

Khosla, who cofounded Sun Microsystems and invented Java —once the world’s most used programming language—also pitched for India to build an “Aadhaar-like AI stack of public utilities,” stating that creating AI as a public-sector utility will help “truly democratize” the technology’s capabilities. “I’m proposing that every Indian can get a free doctor 24×7 because of…

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Coforge acquired for Rs 21,133 crore! US company to buy Encore under all-stock deal – FULL Details – Markets

Under this, 9,37,96,508 new equity shares will be issued to existing Encora investors at a price of Rs 1,815.91 per share in exchange for their stake in the target companies. The board has given special rights including preferential issue of these shares to non-promoter investors, board and committee nomination to incoming investors and also a…

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