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TCS Expands Euroclear Partnership to Modernise Sweden's Securities Depository Infrastructure

TCS Expands Euroclear Partnership to Modernise Sweden's Securities Depository Infrastructure

The IT major will deploy its BaNCS and Quartz platforms at Euroclear Sweden as part of the depository operator's Nordic transformation programme.

20 days ago

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Hexaware Adds Governance, Lifecycle Management Features to AI Agent Platform Agentverse

Hexaware Adds Governance, Lifecycle Management Features to AI Agent Platform Agentverse

The IT services firm said the latest enhancements are aimed at helping enterprises move AI projects beyond pilot stages by improving governance, security and lifecycle management of AI agents.

20 days ago

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The Startup That Raised $25 Million to Put Humans Back Into AI

The Startup That Raised $25 Million to Put Humans Back Into AI

With an expert network of over a million professionals, Deccan AI has grown tenfold in the last year providing post training for frontier tech companies.

20 days ago

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Anthropic Expands Project Glasswing to 15 Countries, Brings Claude Mythos to India

Anthropic Expands Project Glasswing to 15 Countries, Brings Claude Mythos to India

Anthropic on Tuesday announced the expansion of its advanced cybersecurity-focused AI model, Claude Mythos Preview, through its Project Glasswing initiative. The San Francisco-based AI startup said that about 150 new organisations across more than 15 countries will now have access to the model. At launch, it was limited to roughly 50 partners. India, notably, is among the countries selected for the expansion, alongside Canada, Australia, France, Germany, Japan, and South Korea.

20 days ago

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Microsoft Launches 7 AI Models Across Coding, Voice and Reasoning

Microsoft Launches 7 AI Models Across Coding, Voice and Reasoning

Microsoft also introduced Frontier Tuning, a reinforcement learning system that lets organisations customise AI models using their own workflows and data.

20 days ago

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Uber Limits AI Coding Tool Spend to $1,500 Per Employee a Month: Report

Uber Limits AI Coding Tool Spend to $1,500 Per Employee a Month: Report

The company has introduced monthly spending limits on agentic coding tools, including Claude Code and Cursor, after exhausting its AI coding budget earlier this year.

20 days ago

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OpenAI Wants Codex to Replace More Than Coding

OpenAI Wants Codex to Replace More Than Coding

New update marks OpenAI’s push to make Codex a platform for analysts, designers, sales teams, investors, and other knowledge workers.

20 days ago

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How India's Data Centre Boom Is Stoking a Crisis It Cannot Afford

How India's Data Centre Boom Is Stoking a Crisis It Cannot Afford

As cooling costs soar and cities run dry, the country's AI ambitions risk being built on dangerously depleted foundations.

20 days ago

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Microsoft Launches Scout, an Autonomous AI Agent Built on OpenClaw for Microsoft 365

Microsoft Launches Scout, an Autonomous AI Agent Built on OpenClaw for Microsoft 365

Microsoft Scout is integrated with Microsoft 365 services, including Teams, Outlook, OneDrive, and SharePoint.

20 days ago

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Cyera eyes $12B valuation at 80x ARR multiple despite operating losses

Cyera eyes $12B valuation at 80x ARR multiple despite operating losses

Data storage security companyCyerais finalizing a round led by Evolution Equity Partners of at least $300 million at a $12 billion valuation, according to four people with knowledge of the deal. Calcalistwas first to report the funding deal, although TechCrunch’s sources added new details about the company and its financials. Cyera has surpassed $150 million in annual recurring revenue (ARR), three people familiar with the matter told TechCrunch, though it remains far from profitable. The deal values Cyera at 80 times its ARR, a multiple that’s even higher than investors assign to many fast-growing AI startups. Sources told TechCrunch the company is spending money faster than it makes it. Some of those costs are directed at hiring sales staff. According to PitchBook, Cyera has added 500 jobs so far this year. Cyera’s spokeperson said that “the numbers cited are factually and significantly inaccurate.” Evolution Equity Partners didn’t respond to a request for comment. The new round is expected to come just five months after Cyera announced that it had raised a $400 million Series F at a$9 billion valuationled by Blackstone with participation from existing investors, including Accel, Coatue, Lightspeed, Redpoint, Sapphire, Sequoia, Cyberstarts, and others. The upcoming round will bring Cyera’s total capital haul to at least $2 billion. Cyera, which was founded in 2021, has benefited as enterprises turn to its platform to safeguard their data from attackers weaponizing AI. When it announced its Series F, the company claimed its customers comprised one-fifth of the Fortune 500, and its revenue had more than tripled in 2025. In recent months, the company has used its capital to finance operating losses as well as acquire other cybersecurity startups, including Index Ventures-backed Ryft and a less than one-year-old Genie Security.

20 days ago

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Amazon faces class action lawsuit over Ring facial-recognition feature

Amazon faces class action lawsuit over Ring facial-recognition feature

Amazon wassuedon Monday over alleged privacy violations from its Ring doorbell cameras. The class action lawsuit, filed in Seattle by Virginia resident Charles Sigwalt, claims that Ring’s Familiar Faces feature stores images of passersby without consent. Ring announced the Familiar Faces feature last September and faced pushback from consumer protection organizations like theEFF, as well asSenator Ed Markey(D-MA). But the company moved forward with its plans to launch the feature in December. Familiar Faces lets Ring users identify people who regularly come to their home through AI facial recognition. That way, if a regular guest, like a family member, mail carrier, or neighbor, comes to the door, the device will be able to recognize them and deliver more specific notifications like “Dad is at the door,” rather than “A person is at the door.” Ring users have to opt in to this feature, but privacy advocates noted that the people who walk past these Ring doorbells have not consented to these facial-recognition scans. That same concern is at the center of this class action lawsuit. According to the lawsuit, “Millions of other Americans passed by a Ring ​security camera and unknowingly had their facial recognition information collected.” Amazon did not immediately respond to a request for comment. At the time the feature was released, the company stated that face data is encrypted and never shared; unidentified faces are automatically removed after 30 days. Amazon’s Ring has a record of concerning behaviors regarding user privacy. In 2023, Amazonsettledwith the Federal Trade Commission (FTC) and paid a $5.8 million fine over allegations that the company’s staff and contractors had improperly accessed private videos from women customers; the FTC’s complaint said that every employee had full access to every customer video, even if the worker had no need to access that footage. Ring has also maintained relationships with law enforcement and oncegrantedpolice the ability to request Ring footage from users without a warrant. After airing a Super Bowl ad to introduce Search Party, an AI-powered feature that uses Ring footage to find lost pets, the company facedsimilar backlash. Days later, Ringcanceledits plans to partner with video surveillance company Flock Safety, which hasreportedlygiven footage to ICE and other federal agencies. When Ring founder Jamie Siminoff spoke with TechCrunch after Ring canceled its arrangement with Flock Safety, he indicated that the deal would’ve created too much of a “workload.”

20 days ago

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Microsoft offers devs a better way to control AI agent behavior

Microsoft offers devs a better way to control AI agent behavior

As AI agents grow ever more capable, enterprises racing to put them to work across applications, workflows, and products face a new challenge: ensuring an agent does what it’s supposed to do when it’s deployed across different environments. Microsoft is trying to solve this problem with a new open source standard called Agent Control Specification (ACS) that aims to give developers a more consistent and granular way to control what AI agents are allowed to do. The specification essentially lets developer, compliance, and security teams define their own policies for agents to follow. The rules can define what the agent may do, what it must not do, when a human should approve an action, and what evidence should be logged for later review. These policy files are checked at several “interception points” when the agent is off performing a task to make sure it stays within the guardrails. The spec comes as developers are improvising ways to control what their AI sees and does, especially with conversations focusing on AI workflows going wrong due totool misuse, or unintended actions that result in cascading failures. Today, developers might specify instructions in a system prompt, add custom checks in the application code, or use classifiers to catch problematic inputs and outputs. Those approaches work, but they often leave companies with fragmented controls that are hard to audit and harder to reuse across different frameworks, interfaces, and systems. ACS aims to integrate those controls into a common governance layer. Microsoft says the specification can be used to check whether an agent is sticking to guardrails at multiple points in its workflow — before it receives input, before it calls a tool, after a tool returns a result, and before the final response is sent to the user. A policy may allow an action, block it, redact sensitive information, or even ask a person to approve it. Developers can also insert classifiers for inputs and outputs to categorize information, predict outcomes, or determine how an agent should respond; add LLMs with prompts to act as a “judge” for policies; and logic for checking tool calls, tool selection, input accuracy, output usage, and responses. And because these policies can be written as single files, they can be bundled with agents, allowing a security policy to follow an agent across different frameworks and environments. ACS is shipping as an SDK with plug-ins for LangChain, the OpenAI Agents SDK, the Anthropic Agents SDK, AutoGen, CrewAI, Semantic Kernel, Microsoft.Extensions.AI, MCP tools, and more.

20 days ago

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