Workday, a global HR tech major, has unveiled its new AI platform, Sana, designed to automate human resources and finance functions. Chairman and CEO Aneel Bhusri stated that AI is likely to replace low-cost, outsourced jobs due to increased productivity, rather than leading to jobs moving out of first-world countries. The platform uses AI agents for tasks like payroll and compliance, and Workday has acquired C1.ai to manage access rights for these agents. Bhusri emphasised that AI should augment humans, redefining roles rather than replacing them entirely.
'The Rs 35,000 crore of capex every year, I don't get to sign 35 paise out of this.'
Telangana Chief Minister A Revanth Reddy's planned visit to the United States has been denied political clearance by the Ministry of External Affairs (MEA), citing non-conformity with laid down norms, forcing him to cancel the US leg of his 'TelanganaRising' delegation tour and return to Hyderabad earlier than planned.
US Federal Reserve Chairman Kevin Warsh has picked former RBI governor Raghuram Rajan, Harvard University economics Professor Raj Chetty and Microsoft XBOX CEO Asha Sharma to be part of task forces constituted to examine the central bank's approach to monetary policy and propose transformational changes.
Vaniya Agarwal says Friday April 11 will be her last day at Microsoft
'Don't let the world put you in a box. If the world tries to put you in a box, don't stay in it. Step out of it. And if you have to, burn that box completely,' says Siddhata Patil.
The organisation further clarified that it will be represented by Ankur Vora, President of Africa and India Offices, who 'will speak later today at the Summit'.
Microsoft chairman and CEO Satya Nadella on Wednesday highlighted the importance of driving inclusivity and empowerment through technology and economic growth and asserted that the company is "very committed to India". He was speaking at Microsoft's Tech for Good and Education showcase, an event that highlighted the impact created by technology in the areas of philanthropic work and education. Nadella did a walk through, interacting with teachers, students and professionals who are making a difference in the society, by leveraging various Microsoft programs, initiatives and tools.
Tata Consultancy Services (TCS), Cognizant and eight other major corporations have been questioned by US Senators for filing thousands of H-1B skilled labour visa petitions after conducting "mass layoffs" of American employees.
Prime Minister Narendra Modi is promoting India as a global hub for digital infrastructure and artificial intelligence, highlighting the government's incentives for data center investments and inviting the world's data to reside in India.
'It is too early to conclude that there will be a bloodbath, that there will be no jobs, and that there will be civil unrest.' 'Let's calm down.' 'AI is a tool, it is not a weapon, it is not a virus.'
AI is changing jobs in India faster than ever, but professionals are learning the real skill isn't coding -- it's adaptability.
Billionbrains Garage Ventures, the parent company of stock broking firm Groww, on Thursday fixed a price band of Rs 95-100 per share for its upcoming Initial Public Offering (IPO), targeting a valuation of over Rs 61,700 crore (about $7 billion). The company's Rs 6,632 crore IPO would open for public subscription on November 4 and conclude on November 7, according to a public announcement.
'The Indian developer community is one of the most vibrant communities.' 'Indian builders are incredibly passionate, curious, and excited to embrace new technologies.'
'Every parent should rethink their decisions to send their children to the US.'
Shift from producing graduates proficient in analysis and strategy to producing graduates capable of initiating, executing, and scaling impactful actions in real-world environments, points out Ajit Balakrishnan.
Kasam Shaikh is the fifth person in India and first from Maharashtra to receive the award for Microsoft Most Valuable Professional title in Artificial Intelligence.
Microsoft will lay off 10,000 workers, about five per cent of its total workforce, its CEO Satya Nadella announced on Wednesday, terming it a hard choice that the tech giant had to make to remain a "consequential company" amid global economic uncertainties. Microsoft is the latest company after Facebook and Amazon to cut jobs as the bloodbath continues in the technology sector in 2023. Describing the current times as "significant change", Indian-origin Nadella said customers who accelerated their digital spend during the Covid-19 pandemic, are now optimising their digital spend to do more with less.
India has its share of both large tech companies and large national laboratories, but why is it that these don't seem to be at the forefront of any innovation news headlines? asks Ajit Balakrishnan.
'If I have to go back, I would rather go back now because I don't want to face that situation when I'm in my 40s.' A young couple's journey through immigration uncertainty reveals not just the human cost of policy announcements, but a surprising rekindling of love for the homeland left behind.
Tech giant Microsoft will set up its largest and fourth data centre in India at Hyderabad with an investment outlay of over Rs 15,000 crore over a period of 15 years. "I am very happy to say today that Hyderabad will be the destination for Microsoft's largest Data Centre investment in India with an investment of over Rs 15,000 crore over a period of 15 years. "This will be one of the largest FDIs that Telangana has attracted," Telangana Minister for IT and Industries KT Rama Rao on Monday said at an event marking the announcement of Microsoft's latest data centre region in Hyderabad.
The CBI has booked five people for allegedly posing as Microsoft tech support and siphoning off USD 400,000 (Rs 3.37 crore as per current rates) retirement funds of a US citizen, officials said on Friday.
Some of them include Spider G, NeuroTags, Genrobotic Innovations, AI Aeronautics, Synersense, Dealshare and NanoHealth. 'Highway to a Hundred Unicorns,' the Microsoft for startups initiative, works closely with local governments to strengthen the startup ecosystem in each state.
DeepSeek is a case in point on how economic interdependence between nations are utilised for geopolitical ambitions and global domination efforts, observes China expert Srikanth Kondapalli.
The rivalry between Tesla CEO Elon Musk and OpenAI CEO Sam Altman has intensified, centering on a groundbreaking artificial intelligence project known as Stargate, reported The Associated Press.
Leaders need to be ready to adapt to technological changes as quickly as possible, while they build the tech capabilities, Nadella said.
Wouldn't it be better to reach 45 with a backup engine of passive income that helps you glide through these years instead of grinding, asks Ramalingam Kalirajan
Organisations that reward constant optimism and penalise negativity create environments where employees feel pressured to hide their struggles, notes Sonica Aron, founder of HR consultancy firm Marching Sheep.
None of the Big Tech companies or tycoons appears to be playing a meaningful role in the testing, spread, cure, or eradication of the virus or even in contact tracing so far, says Prosenjit Datta.
Microsoft Corp announced its 'Windows 10' operating system on Tuesday to replace the largely unpopular Windows 8, skipping a number to mark a leap toward unifying the way people work on tablets, phones and traditional computers.
Altman said he was "looking forward" to returning to his previous role at the AI firm.
'It is mind-blowing to see how e-commerce is progressing in this country...am not bothered about their valuations but am more interested in the quality of their ideas, which is pretty good, Satya Nadella said.
American tech giants Microsoft and Facebook have disclosed the number of requests they had received from the US National Security Agency to reveal details, including internet usage of their consumers.
Humans will work far more collaboratively with artificial intelligence for rapid and complex decision-making.
Whenever you think of Microsoft, the only name that crosses one's mind is Bill Gates. But the tech behemoth was co-founded in 1975 by Gates and Paul Allen.
The latest ruling by the Registrar of Companies (RoC) in the LinkedIn Technology Information case for violating significant beneficial ownership (SBO) norms has brought the amended rules into the spotlight. Experts suggest that more entities, particularly multinational companies (MNCs), are expected to face greater scrutiny. "Companies are closely watching this space.
'We are the only country in the world where everybody gets a digital vaccination certificate immediately... Then as we open up, as they did yesterday, which I think is a welcome move, you will have lots and lots of points where people will come in'
Those on H-1B visas have to find a new job within 60 days or head back to India.
'The pressure on relative performance and the feeling of being left out among many investors may also account for the belief among many that this has to be a technology stock bubble.' 'The feeling of a bubble is also reinforced by the extreme performance gap between growth and value investing.' 'While at first glance, one can only stand back awestruck by the wealth creation delivered by technology stocks globally. It does not seem at all like the internet bubble of 1999-2000, says Akash Prakash.
Modi hopes to attract funds and skills from U.S. innovators to help India's burgeoning startup scene grow.