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Times of India | Nvidia CEO Jensen Huang agrees with CEOs of TCS, Salesforce, SAP and others that it is 'an incredible time to be a software company' AI generated summary, Read the full article for complete information. Jensen Huang, CEO of Nvidia, told the Computex audience that the rise of “agentic AI” – systems that can perform tasks with minimal human input – is opening unprecedented opportunities for software companies rather than ushering a “SaaSpocalypse.” He argued that AI agents will rely heavily on tools, so software firms remain essential if they adapt their products for agent use. Huang’s optimism mirrors the views of other tech leaders such as TCS chief K. Krithivasan, Salesforce’s Marc Benioff and SAP’s Christian Klein, all of whom say AI is enhancing, not replacing, enterprise software. He also dismissed the tendency of some CEOs to blame AI for recent layoffs, calling that narrative “lazy” because generative‑AI tools have only become broadly practical in the past few months. Read more: https://timesofindia.indiatimes.com/technology/tech-news/nvidia-ceo-jensen-huang-agrees-with-ceos-of-tcs-salesforce-sap-and-others-that-it-is-an-incredible-time-to-be-a-software-company/articleshow/131454814.cms #JensenHuang #Nvidia #TCS #Salesforce #SAP #KKrithivasan #MarcBenioff #ChristianKlein

Times of India | Big reset: Top 5 Indian IT cos shed nearly 7K jobs in FY26, reversing FY25 gains AI generated summary, Read the full article for complete information. India’s five largest IT services firms—TCS, Infosys, Wipro, HCLTech and Tech Mahindra—collectively cut 6,981 jobs in FY 2026, reversing the net gain of 12,718 hires recorded in FY 2025. The pullback, driven by demand uncertainty, delayed decision‑making and AI‑enabled efficiency gains, marks a shift from the traditional headcount‑focused growth model to one that emphasizes outcomes and AI‑augmented productivity. While TCS led the reductions with 23,460 cuts, Tech Mahindra shed 1,108 jobs; the remaining firms trimmed staff more modestly, focusing hiring on AI‑native, problem‑solving talent in data, cloud, cybersecurity and other frontier technologies. Industry data shows overall IT employment in India plateaued at about 5.9 million, with growth now concentrated in specialized, domain‑focused roles and driven by expanding global capability centres. Analysts predict a move toward a “digital labour” model, targeting 20 % AI‑driven workforces within two years and higher revenue per employee, even as overall workforce numbers recede. Read more: https://timesofindia.indiatimes.com/technology/tech-news/big-reset-top-5-indian-it-cos-shed-nearly-7k-jobs-in-fy26-reversing-fy25-gains/articleshow/130517837.cms #TCS #Infosys #Wipro #HCLTech #PhilFersht #RayWang

TCS CEO K Krithivasan is very upbeat on AI data centre plans: The company is in advanced discussions with multiple hyperscalers for new deals, building on its OpenAI partnership. India will need around 10 GW of data centre capacity by 2030, but only 5-6 GW worth of projects have been announced. https://timesofindia.indiatimes.com/technology/tech-news/tcs-ceo-k-krithivasan-is-very-upbeat-on-companys-data-centre-plans-says-we-see-a-huge/articleshow/129166569.cms #India #Tech #ITServices #TCS

TCS and ServiceNow enter multi-year partnership to accelerate AI adoption for enterprises. The collaboration focuses on reimagining work transformation through AI in back-office operations including HR, finance, supply chain, procurement and employee services. https://economictimes.indiatimes.com/tech/information-tech/tcs-servicenow-enter-multi-year-partnership-to-scale-enterprise-ai-adoption/articleshow/128714292.cms #India #Tech #ITServices #AI #TCS

Indian IT captains hold firm amid raging agentic AI storm. TCS CEO K Krithivasan says while it's not clear exactly what roles will be a few years down the line due to AI disruption, he does not envisage a significant shrinkage to TCS and the industry at large. https://economictimes.indiatimes.com/tech/information-tech/indian-it-captains-hold-firm-amid-raging-agentic-ai-storm/articleshow/128618703.cms #India #Tech #News #TCS #ITServices