India's Tech Mahindra partners with SpaceXSI for AI-powered software development
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/22/2026
- Nasdaq leads Wall Street lower on AI spending jitters; oil prices rebound
- Meta’s new Class C stock to keep Zuckerberg in California, fund AI spending spree
- Oil hits five-month high as Houthi attacks stoke supply fears
- Meta beats Q3 estimates, approves new nonvoting share class as AI spending surges
- Tesla stock up as automotive gross margin improves, free cash flow turns positive
Tweet
Share
E-mail
FILE PHOTO: Figurines with computers and smartphones are seen in front of Tech Mahindra logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
Oct 22 (Reuters) - Indian IT services firm Tech Mahindra said on Thursday it has partnered with SpaceXSI to use AI to help companies modernise legacy applications and speed up software development.
• India's fifth-largest IT firm will also be bringing in chatbot Grok Build to set up industry-specific solutions
• The partnership will focus on supporting organizations across key sectors such as technology, telecommunications and banking, financial services
• While Tech Mahindra has similar pacts with Google Gemini and Microsoft, this is the first time an Indian IT major is collaborating with the AI division of rocket maker SpaceX
(Reporting by Nishit Navin and Sai Ishwarbharath B in Bengaluru; Editing by Shilpi Majumdar and Aseem Gujar)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Trump says LeBron James disrespected US during National Anthem
- Nasdaq CEO flags 'modest softening' in IPO market as macro uncertainty hits debuts
- Arizona university suspends fraternity after rape allegation
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
