
HCLTech Bags $1.14 Billion AI Deal From Fortune Global 50 Firm
HCLTech has signed an AI-led contract worth an estimated $1.14 billion with a Europe-headquartered Fortune Global 50 company, one of the Indian IT major’s biggest deals in recent years.
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HCLTech has signed an AI-led contract worth an estimated $1.14 billion with a Europe-headquartered Fortune Global 50 company, one of the Indian IT major’s biggest deals in recent years.

Backed by an investment of $2.5 billion the company will provide a unique combination of skills inclusive of deep industry knowledge, change management and continuous improvement experience, and enterprise-grade AI engineering expertise.

The 40-member Independent International Scientific Panel on AI — co-chaired by Yoshua Bengio and Maria Ressa — released its first report on July 1, warning that AI safeguards are failing to keep pace with capabilities and that the Global South remains locked out of both AI development and governance. Guterres to governments: “Do not wait.”

In a post on X, the company said AI sovereignty determines an institution’s future, adding that sovereignty is the precondition for choice — and slammed “tokenmaxxing,” the pursuit of high AI token usage that it says creates an addictive feeling of false progress.

The report titled “From Agentic Risk to Human Wins” has revealed that 55% of employees admit to using unapproved AI tools, while 1 in 10 knowingly entered sensitive information into AI platforms despite understanding the risks.

On June 12, U.S. government had put Claude Fable and Claude Mythos under export control citing national security.

Google’s new white paper calls for a federally overseen Frontier AI Regulatory Organisation (FARO) to set safety standards for the most advanced models, while pushing the government to adapt existing laws for everyday AI tools like chatbots

Governor Gavin Newsom announced the partnership, which extends Claude access to California’s local governments and includes free workforce training, technical assistance and workflow support from Anthropic developers.

NVIDIA and Palantir have joined forces to deploy Nemotron open models inside secure, air-gapped environments for US government agencies and critical infrastructure operators.

Microsoft Vice Chair and President Brad Smith said the company is more than halfway toward its 2030 water-use intensity goal and replenished more water than it withdrew globally in FY2025.