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Coforge sees artificial intelligence as a growth driver, not a threat to the IT services sector. The company reported strong financial results, with net profit doubling in the March quarter. AI is creating new high-margin business, similar to cloud migration's impact. Coforge anticipates significant
The One Of A Kind Startup Awards 2026 highlights execution-led growth, with the GTM Excellence category recognising startups that turn strong products into real market traction through smart, scalable distribution. Open to early-stage digital ventures, it offers both recognition and credibility to a
India and Vietnam are set to deepen their partnership in cutting-edge technologies. Discussions focused on Artificial Intelligence, cybersecurity, and semiconductors. Both nations aim to foster innovation and research. This collaboration will create new opportunities for entrepreneurs and researcher
Karnataka's tech sector secured $868 million in the first quarter of 2026. This marks a 16% drop from the previous quarter but a 7% increase compared to the year before. Investors are focusing on fewer, larger investments. Bengaluru dominated capital flow, receiving 98% of the total. Three Karnataka
Meta, the owner of Facebook and Instagram, is taking legal action against Britain's media regulator, Ofcom. The challenge concerns how fees and penalties are determined under the government's Online Safety Act. Ofcom stated that Meta is objecting to payments calculated based on a provider's 'Qualify
Cloud security firm Datadog has boosted its annual forecast. The company surpassed Wall Street expectations for its first quarter. Strong demand for its cloud security products, fueled by increasing artificial intelligence adoption, is driving this growth. Datadog now anticipates higher revenue and
DeepL, a leading AI translation firm, is laying off approximately 250 employees. This significant workforce reduction stems from artificial intelligence advancements making certain roles obsolete. The company's CEO highlighted a major structural shift in the job market driven by AI. This move follow
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Thursday, May 7, 2026.
InMobi, a Softbank-backed firm, has acquired MobileAction. This move strengthens InMobi's presence in Apple's iOS advertising space. MobileAction is known for its AI-driven app analytics and expertise in Apple ads. The acquisition will enhance InMobi's ability to help brands reach new app users. Mob
Generative artificial intelligence is being used by 17.8% of the world's working-age population, but the gap between wealthy and developing nations continues to widen, according to a report published Tuesday by Microsoft. In the first quarter of 2026, 27.5% of people aged 15-64 in developed countrie
Hiring in the India’s IT sector is witnessing a structural shift with emphasis on value based roles rather than volume focused recruitment.
Chiratae Ventures believes there is untapped potential of deeptech startups in India which are working on advanced technologies.
Google's DeepMind is partnering with the creators of EVE Online. This collaboration aims to train advanced AI tools using the game's complex simulation. Researchers will test AI models in a safe, offline version of the game. This move signifies a return to independence for CCP Games, now Fenris Crea
Newly revealed texts show OpenAI's chaos after Sam Altman's firing. Mira Murati warned Altman the board was unyielding, even if employees quit. Microsoft's Satya Nadella intervened, but Altman floated an acquisition. The board's stance ultimately crumbled, leading to Altman's swift return.
Newly revealed texts show OpenAI's chaos after Sam Altman's firing. Mira Murati warned Altman the board was unyielding, even if employees quit. Microsoft's Satya Nadella intervened, but Altman floated an acquisition. The board's stance ultimately crumbled, leading to Altman's swift return.
