Tag: IT services
Infosys Launches AI and Cybersecurity Centre in Hubballi
Infosys has launched a new Centre for Advanced AI, Cybersecurity, and Space Technology in Hubballi, Karnataka, marking a strategic step in the company's decentralised expansion across tier-2 cities. The facility is part of Infosys Living Labs and aims to serve as both a client delivery unit and a hub for applied research and academic collaboration. Expanding innovation capacity beyond metros
The Hubballi centre reinforces Infosys’ strategy...
Meta Secures $29B for AI Data Centre Push
Meta has selected investment firms PIMCO and Blue Owl Capital to spearhead a $29 billion funding deal aimed at expanding its AI-focused data centre footprint in the United States. The financing will support major infrastructure projects in rural Louisiana and forms part of the company’s larger AI co-development strategy. $26B debt from PIMCO, $3B equity from Blue Owl
According to a source familiar with the matter,...
Infosys Expands into GCCs Under New Leadership
Infosys has taken a decisive step in scaling its presence in the Global Capability Centre (GCC) space by launching a dedicated GCC practice, with...
Infosys Offers Upskilling After Layoffs Hit 240
Amid ongoing market challenges and subdued demand, Indian IT major Infosys has reportedly laid off an additional 240 entry-level employees after they failed to...
Services Exports Should Surpass Goods in FY26: Goyal
Commerce and Industry Minister Piyush Goyal has urged India’s services sector to set its sights on surpassing merchandise exports in the next financial year,...
Global Tech Spending to Hit $4.9 Trillion by 2025: Forrester
A new Forrester report forecasts that global technology spending will grow to $4.9 trillion by 2025, marking a 5.6% annual growth rate. The expansion...
