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On February 18th, MakeMyTrip announced a partnership with OpenAI to improve AI-led trip discovery and collect searches with high intent. As part of the partnership, MakeMyTrip will integrate additional AI capabilities into its app by leveraging OpenAI's APIs. By integrating with the company's generative AI planning
On February 17th, the food delivery firm announced that it has deepened its strategic partnership with OpenAI in order to boost its AI capabilities company-wide. A number of its partner platforms and internal systems, including Zomato, Blinkit, District, and Hyperpure, will be improved by the AI. The partnership will centre
With the introduction of its subsidiary 'Exponent One,' the electric vehicle quick-charging startup Exponent Energy has entered the electric vehicle financing area. Now it will provide funding options to commercial EV operators. Venture capital firm AdvantEdge has invested $2 million (about INR 18.2 crore) in Exponent Inc.
Over a hundred positions have been eliminated at Sony Pictures Networks India (SPNI) due to a reorganisation. Approximately 10% of its employees might be impacted, according to media sources. In a challenging advertising climate, layoffs are part of a larger effort to rationalise costs. According to the sources, the layoffs
Spotify has announced that it will be laying off about 1,500 workers, or about 17% of its worldwide workforce. As part of his efforts to reduce expenses and streamline operations, CEO Daniel Ek has announced layoffs. It should be noted that the company's recent financial performance has
Sanofi, a French pharmaceutical giant, will increase its long-term presence in India by adding more than 4,500 jobs to its workforce at its global capabilities center (GCC) in Hyderabad. There are more than 2,600 people working at the centre right now. A "multi-hundred-million" investment will fund
A new phase of cooperation in artificial intelligence (AI) has begun between TCS and AMD, a US-based chipmaker. In an effort to compete with Nvidia, the two companies have joined up to set up rack-scale data centre infrastructure in India. On February 16th, the AI Impact Summit began in New
Bengaluru is now home to Anthropic's newest office. India is becoming an increasingly important player in the global AI competition, as the country has become the second-largest market for its AI assistant, Claude. According to the business, approximately half of Claude's usage in India is for
Following Paramount/Skydance Corp's submission of revised parameters intended to revive a purchase deal, Warner Bros. Discovery is considering reopening negotiations with the rival studio. This might put Netflix back in a high-stakes battle for one of Hollywood's most valuable content portfolios. The board has been
In its transition out of Hindustan Unilever, ice cream seller Kwality Wall's (India) intends to become a "snacking" company that sells its products all year round. According to Chitrank Goel, executive director of Kwality Wall’s (India) Ltd, the company is spearheading the transition of ice
Meta has officially stated that it has no plans to implement new performance-based layoffs. Consequently, the company is denying online rumours that it may resume workforce reductions that are associated with employee ratings. According to a representative from Meta who talked with a news outlet, the most recent modifications were
The Pentagon has selected two defence technology companies to compete for the development of voice-controlled, drone swarming software for the US military. OpenAI has partnered with these companies. For the sole purpose of converting spoken orders from military leaders into digital directives for the drones, OpenAI's technology would
According to Airbnb, its in-house AI agent is already taking care of about a third of customer support enquiries in the US, and the company is getting ready to launch the function worldwide. By the end of the next year, the business hopes that its AI voice and chat systems
According to multiple media outlets, ixigo has authorised the purchase of a 60% interest in Online Travel Solutions, a company established in Spain. This sale will mark ixigo's first significant international expansion. The binding agreements for the transaction, estimated at €11.70 million (more than INR 125 crore)
In a statement released on 13 February, Apple announced that its sixth store will be opening in Borivali, Mumbai. During the unveiling of the barricades for the forthcoming Apple store in India, the iPhone maker made the announcement. In April 2023, Apple debuted its first store in Mumbai and a
By 2026, IBM hopes to have tripled its entry-level workforce in the US. In response to rising fears that AI would reduce demand for entry-level positions, the corporation is taking a stand. Nickle LaMoreaux, CHRO of IBM, made the hiring news during the recent Leading with AI Summit hosted by
The joint venture between Telstra and Accenture Data and AI has suggested reducing approximately 209 jobs. The year-old cooperation aims to increase cost efficiency and streamline service. Hence, some functions are being abolished and others moved to India, according to media sources. Telstra established this seven-year joint venture in January
After a one-year delay since its last increment cycle in September 2024, Wipro will finally start giving out pay rises to staff on March 1, 2026. The corporation has not revealed the exact percentage rise, but the decision was conveyed internally to staff. Various media reports went on to say
The new fast-moving consumer goods (FMCG) factory that Dabur India is building in Tindivanam, Tamil Nadu, was officially inaugurated on 12 February. Located in the Tamil Nadu town of Tindivanam, the Tindivanam plant will mark Dabur's entry into the southern Indian market. In a press release, the company
In order to increase the capacity of its cloud infrastructure, Oracle intends to raise $45 billion to $50 billion in calendar year 2026. Both AI workloads and enterprise HR technology are profoundly affected by this change. The firm said to investors that the funding, which was authorised by the board,
As part of its merger with Credit Suisse, UBS intends to lose a comparable number of positions in Switzerland. However, it also intends to hire as many as 3,000 people in India. On 11 February, the Swiss lender announced plans to increase its presence in Hyderabad by adding 2,
Google has provided some employees in its business unit with voluntary exit packages (VEPs) in light of the continuing wave of layoffs in the IT industry. A severance payout is available to some teams within the global business organisation (GBO) if they choose to voluntarily quit the company, according to
After five high-profile senior executives left the company since December, Salesforce reshuffled its leadership ranks and promoted six new leaders. The media has reported that the moves involve both new hiring and promotions from inside. As part of its efforts to solidify leadership across critical divisions like Slack, Agentforce, and
Startup GoBoult, which specialises in smart wearables, intends to submit a DRHP to SEBI (the Securities and Exchange Board of India) in the months of October or November 2026. In the summer of 2027, according to cofounder Varun Gupta, the company plans to go public. The IPO process, he claimed,