AI & ML - Techstreet Now (Page 8)

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TECH NEWS

UK lawyers say the tide of AI-assisted employment claims is straining an already overloaded employment tribunal system, whose backlog has doubled in two years

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TECH NEWS

Indian IT company Persistent Systems offers to acquire its Germany-based peer Nagarro for $1.45B; Indian IT companies are ramping up M&A as AI reshapes growth

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TECH NEWS

CarbonSix, which is developing AI automation and robotic intelligence tech for manufacturing, raised a $40M Series A co-led by DSC Investment and LB Investment

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TECH NEWS

Indian tech tycoon bets $30M of his own money to build AI alternative to Microsoft Office

Indian serial entrepreneur Bhavin Turakhia is making a $30 million personal bet that there is still room for another enterprise AI company. His new venture, Neo, is built on a simple premise: workplace software designed before the AI era cannot simply be upgraded with chatbots — it has to be redesigned

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TECH NEWS

A major opportunity for AI-native companies and services firms

The enterprise software industry is approaching one of its biggest commercial shifts since the rise of cloud computing. According to new research from Gartner, as much as $234 billion in enterprise application software spending could be exposed to disruption from agentic AI by 2030, fundamentally altering how software is built,

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TECH NEWS

The 100% audit dream: How AI is finally solving quality control’s oldest problem

By Akhil Gupta, co-founder and CTPO of NoBroker There is a number that the quality control industry has quietly agreed never to say out loud. On their best days, with their best teams in place, they are reviewing somewhere between 2 and 5 percent of their customer calls. The rest,

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TECH NEWS

An EU draft proposal dated June 30 shows the bloc is weighing weaker climate impact rules for gas-powered data centers, after heavy lobbying from tech groups

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TECH NEWS

Google looks to electronic waste as cost-effective AI server solution

Every year, billions of phones are discarded globally, many of them with perfectly usable processors. At the same time, the tech industry is preparing to spend billions on new AI computing hardware, at high environmental costs. Google, in collaboration with researchers at the University of California, San Diego, is developing

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TECH NEWS

Nvidia promises to financially backstop young cloud providers like Firmus that rent out its AI chips, in exchange for a revenue share through a new program

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TECH NEWS

Purpose before technology: How Hero Housing Finance is redefining AI-driven lending

For decades, digital transformation in financial services was measured by technology deployments—new core systems, mobile apps, automation platforms, or AI pilots. But according to Vivek Madan, Chief Technology Officer at Hero Housing Finance, that mindset misses the point. “Digital transformation is about creating change,” he says. “But the first

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TECH NEWS

New humanoid robots from China look like creepy pop star action figures – complete with slightly dodgy lip-synch

AI AND ML They're 90 percent human in some ways, can provide daily companionship psychological support One of China’s emerging humanoid robotics companies has launched its most-realistic looking models yet and says it has already taken over 13,000 orders for the $17,600/ £13,300 machines.

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TECH NEWS

Sources: OpenAI has discussed giving a 5% stake to the US government as the company seeks to clear political obstacles by securing buy-in from the Trump admin

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