Sunday, March 23, 2025

India’s IT sector treads the tightrope between tariff wars and recession fears

India's software services exporters face uncertainty as global tariff wars, particularly from the US, and economic concerns impact growth prospects. While demand from key sectors like BFSI showed early recovery, fears of recession, rising costs, and AI adoption challenges could dampen prospects. Hiring trends are increasingly centred around AI-related skill

from Tech-Economic Times https://ift.tt/qH5DUQN

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...