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Microsoft boosts in-house AI models to cut costs
Microsoft is ramping up the use of its proprietary AI models across its software suite, aiming to reduce reliance on external providers like OpenAI and Anthropic. This shift is part of a broader strategy to manage AI infrastructure costs as demand for generative AI services grows.
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Microsoft announces 4,800 job cuts amid restructuring efforts
Microsoft plans to lay off 4,800 employees globally, primarily affecting its gaming division. The company emphasizes that these layoffs are not driven by AI replacements but by a need to realign resources with business priorities.
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Microsoft Frontier Company launched with $2.5 billion for AI integration
Microsoft has introduced the Frontier Company, a new initiative with $2.5 billion in funding aimed at helping enterprises optimize their AI investments. This move reflects the growing demand for flexible, multi-model AI strategies among organizations.
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SpaceXAI and Cursor to launch first AI model post-acquisition
SpaceXAI and Cursor are set to unveil their first AI model, enhancing their competitive edge in enterprise AI. The launch, initially delayed for efficiency improvements, could happen as soon as Wednesday.
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DeepReinforce Releases Ornith-1.0 Open Coding Model for Agentic Workflows
DeepReinforce has launched Ornith-1.0, an open coding model family designed for agentic workflows, local evaluation, and benchmarks. This model family prioritizes building its own scaffolding before solving tasks, offering a novel approach for developers.
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AWS launches Amazon S3 Annotations for enhanced metadata management
AWS has introduced Amazon S3 Annotations, allowing users to attach rich, searchable context to S3 objects. This feature enhances metadata management by enabling independent updates and queries across datasets.
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Build. Pitch. Win ₹6 Lakh*: Ideas for India 2026 Is Here
Turn your AI or tech idea into real impact with the Ideas for India 2026 Innovation Challenge. Compete for ₹2 lakh per category, gain national recognition, and showcase innovative solutions that address India's biggest challenges through technology.
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Oracle Expands Defense Ecosystem for AI, Cybersecurity Solutions
Oracle has announced the third cohort of its Oracle Defense Ecosystem, focusing on advanced defense technology solutions. This initiative aims to accelerate innovation in areas like cybersecurity and mission-critical AI for national security organisations.
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AI hiring surges 16% in India amid IT recruitment decline
AI hiring in India's IT sector increased by 16% year-on-year in June, contrasting with a 3% decline in overall technology recruitment. This shift underscores a growing emphasis on specialized AI talent.
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Devnext 2026
DevNext is where India's most ambitious AI-native tech builders converge for a day of depth, debate and high-signal networking — across keynote sessions, practitioner panels, live fireside chats, hands-on workshops and open floor debates that put the hardest engineering questions in the room.
TechDivas AI Global Summit 2026
Join the Agentic AI Summit - The Economic Times AI Summit to explore agentic systems, automation, and future AI innovations.
World Tech Summit 2026
Join the Agentic AI Summit - The Economic Times AI Summit to explore agentic systems, automation, and future AI innovations.
Top Latest News
Stay updated with the latest industry news and emerging trends.
SpaceXAI and Cursor to launch first AI model post-acquisition
SpaceXAI and Cursor are set to unveil their first AI model, enhancing their competitive edge in enterprise AI. The launch, initially delayed for efficiency improvements, could happen as soon as Wednesday.
Read Now
Build. Pitch. Win ₹6 Lakh*: Ideas for India 2026 Is Here
Turn your AI or tech idea into real impact with the Ideas for India 2026 Innovation Challenge. Compete for ₹2 lakh per category, gain national recognition, and showcase innovative solutions that address India's biggest challenges through technology.
Read Now
Anthropic expands Claude Cowork to mobile and web platforms
Anthropic has launched its Claude Cowork AI platform on mobile and web, initially for Max subscribers. This expansion allows users to continue tasks across devices with cloud processing capabilities.
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AWS enhances DevOps Agent with AI-driven release management features
Amazon Web Services (AWS) has expanded its AWS DevOps Agent, introducing AI-powered release management capabilities. These features aim to streamline code validation and testing processes before production deployment.
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InsightFinder launches ARI Mobile for on-call engineers
InsightFinder AI has introduced ARI Mobile, an operational AI agent for iOS and Android. This tool enables engineers to resolve incidents directly from their mobile devices.
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AI SaaS platforms reshape cloud-native application development
The integration of AI into cloud-native SaaS platforms is transforming application development. This shift enables businesses to create intelligent, scalable applications that enhance user experiences and automate workflows.
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Modernizing legal services with contract intelligence, regulatory automation, AI-assisted research, and digital compliance management.