Tech Mahindra

Axis Securities lists KPIT Tech and Persistent Systems as top Tier-2 IT sector picks post Q1 earnings

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Axis Securities lists KPIT Tech and Persistent Systems as top Tier-2 IT sector picks post Q1 earnings

The Indian IT services sector has demonstrated improved performance in the June quarter (Q1FY25), signaling a revision in demand and stabilization of uncertainties in key global economies. While there is a faster recovery in AI use cases, ER&D, and other emerging technologies, discretionary spending remains cautious due to ongoing macroeconomic concerns, said brokerage house Axis … Read more

This Jio Platforms-backed Silicon Valley startup wants to fix the AI language gap in India

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This Jio Platforms-backed Silicon Valley startup wants to fix the AI language gap in India

Backed by billionaire Mukesh Ambani’s Jio Platforms and South Korea’s Naver Corp, the artificial reality startup has released a multilingual LLM called Sutra as well as a beta version of a multilingual LLM-based chatbot called Geniya.  Two Platforms also plans to soon release an artificial intelligence-powered messaging and social app called Zappy in India, according … Read more