IT Industry stories - Page 6

AI platform Emergent raises USD $70m Series B from Khosla Ventures and SoftBank to speed global software creation for non-coders.

AI app builder Emergent raises USD $70m Series B to deepen European push, add London offices and hiring as revenue soars to USD $50m ARR.

Spanish Point expands UK presence after 31% revenue growth and wins rare role delivering Microsoft's 20-day AI Transformation Programmeme.

India and Canada have deepened AI collaboration in Toronto, mapping joint work on responsible tech ahead of the India AI Impact Summit 2026.

Tech Mahindra's sovereign multilingual AI, handling millions of queries in Hindi, Bahasa and regional dialects, is honoured by WEF's MINDS.

Mila, Bain & Company urge Canada to turn its AI research edge into homegrown startups by lifting annual AI venture funding from $2 billion to $10 billion.

Canada is investing CAD $92M in four quantum start-ups to speed up fault-tolerant computing for industrial and defence uses.

British Columbia inks Karnataka life sciences pact in Bengaluru push to deepen biotech, medtech and digital health trade ties with India.

GlobalLogic hires LuJean Smith as CMO to sharpen global brand, push VelocityAI and align with Hitachi's Inspire 2027 growth strategy.

The province's incubators commit to nine early-stage tech projects in mining, agtech, health and logistics to drive innovation.

Sage predicts mid-sized firms will embrace AI automation, sector-specific software and a more strategic, data-led role for finance by 2026.

Telcos race ahead on AI-first observability as New Relic links faster AI monitoring uptake to higher returns and fewer costly outages.

Zyxel Networks' USG FLEX 50HP firewall has been crowned Security Hardware of the Year at the 2025 PC Pro Excellence Awards in the UK.

Elon Musk's xAI raises USD $20 billion, turbocharging Grok model training and GPU build-out as rivalry in frontier AI heats up.

Accenture to acquire UK AI specialist Faculty for USD $1bn, in its biggest British AI startup deal and a major bet on AI safety expertise.

CFOs seize control of cloud spending as volatile infrastructure and AI costs erode tech start-up margins and strain forecast accuracy.

AI-driven demand is set to unleash up to USD $3 trillion in global data centre investment, doubling capacity to 200GW by 2030.

VOSS launches v25.3 of its workplace platform, boosting AI assistant Wingman, Microsoft 365 security, Teams insights and DEM capabilities.

Snowflake invests in Ataccama to embed automated data trust and quality tools deeper into the Snowflake AI Data Cloud for enterprise AI.

Leaseweb hires Jan Willem des Tombe as Global Strategic Relations Director to sharpen its sovereign and hybrid cloud push worldwide.