Tag: Tech Industry
Sarvam AI Startup Programme Fuels Indic AI Builders
Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...
Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze
Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
Microsoft Plans More Layoffs, Focuses on Engineers
Microsoft is reportedly preparing for another round of layoffs by May, with the primary focus on reducing middle management and non-technical roles. The aim...
Tata Electronics, PSMC, Himax to Build Display Unit
Tata Electronics has signed a tripartite Memorandum of Understanding (MoU) with Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) and Himax Technologies, Inc. to establish a...
Infosys Delays Trainee Assessments Amid Layoff Controversy
Infosys has postponed internal assessments for trainees by a week, citing the need to provide them with additional preparation time. The decision follows the...
Microsoft Enforces Performance-Based Layoffs
Microsoft has begun performance-based layoffs that result in immediate termination and no severance pay, a move aimed at strengthening its competitive edge. The action,...
