AI Startups
AI Startup Wordsworth Shuts Down Despite Six-Figure Revenue
The startup had raised an $800,000 angel SAFE round in early 2024.
Pritam Bordoloi
Pritam Bordoloi is a senior technology journalist and founder of The Left Shift, covering AI, enterprise technology, startups, digital transformation, and the business of technology.
Internet
AI Bots Overtake Humans Online for the First Time, Says Cloudflare CEO
The company's real-time traffic dashboard currently shows that bots account for 57.5% of global internet traffic, while humans make up just 42.5%
AI Developments
6 Biggest Announcements From Snowflake Summit—and Why They Matter
One of the headline announcements was Snowflake CoWork (formerly Snowflake Intelligence), which is designed as a personal work agent for knowledge workers.
Uber Caps AI Spending at $1,500 Per Employee as Soaring AI Usage Triggers Budget Reality Check
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
AI Observability Startup Coralogix Raises $200 Mn to Build Intelligence Layer for Agentic Enterprises
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.
TCS Expands Euroclear Partnership, Brings AI and Distributed Ledger Technology to Sweden’s Securities Infrastructure
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
Neo4j Acquires GraphAware to Build AI-Powered Alternative to Palantir for Government Intelligence
The acquisition forms part of Neo4j’s broader $100 million AI investment strategy.
Indian IT
Infosys, TCS & Wipro Scale Microsoft Copilot to Over 300,000 Employees
According to Microsoft, Infosys, TCS, and Wipro have each now crossed the 100,000-user threshold.
Zuvees Raises $1.6 mn to Expand AI-Driven Cross-Border Gifting Business
The company plans to leverage the fresh capital to strengthen its AI capabilities.
Expansion
AHEAD Expands India Presence with New Bengaluru Office
The new office follows the launch of AHEAD’s flagship delivery centre in Gurugram in 2023 and its Hyderabad office in 2024.
Opinion
What is Tokenmaxxing & Why is it Already Fading?
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
Neokred Launches Collectbot 3.0 to Boost AI-Driven Fraud Detection and Compliance for Banks
Collectbot 3.0 introduces an AI-driven fraud analytics layer that can classify risks, detect anomalies, and support regulatory compliance in real-time.