Uber is putting limits on employee use of AI coding tools after its spending on generative AI surged far beyond expectations, highlighting a growing challenge facing enterprises racing to adopt the technology. According to Bloomberg, the ride-hailing giant has introduced a monthly cap of $1,500 per employee for
Funding
Coralogix is positioning itself to capitalise on this shift by offering an observability platform designed for real-time analytics, full-fidelity data ingestion, and AI-driven operations.
As part of the initiative, Euroclear Sweden will implement TCS BaNCS™ for Market Infrastructure and Quartz™, TCS’ digital platform that combines distributed ledger technology with artificial intelligence.
Acquisition
The acquisition forms part of Neo4j’s broader $100 million AI investment strategy.
Indian IT
According to Microsoft, Infosys, TCS, and Wipro have each now crossed the 100,000-user threshold.
The company plans to leverage the fresh capital to strengthen its AI capabilities.
Expansion
The new office follows the launch of AHEAD’s flagship delivery centre in Gurugram in 2023 and its Hyderabad office in 2024.
Opinion
Tokenmaxxing borrows its name from internet slang such as "looksmaxxing" and "fitnessmaxxing," where individuals attempt to optimise a specific trait to the extreme.
AI News
Collectbot 3.0 introduces an AI-driven fraud analytics layer that can classify risks, detect anomalies, and support regulatory compliance in real-time.
Acquisition
Contentful, known for its headless content management architecture, allows organisations to create, manage, and distribute content across multiple platforms through a single content repository.
Data Centre
Built on Intel's 18A process technology, the new Xeon 6+ processors are designed for cloud-native applications, AI-driven workloads, and network-intensive environments.
Acquisition
StackAI’s platform is already used by organisations in highly regulated sectors including financial services, healthcare, and professional services.