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AI NewsEXL to Acquire AI Training Firm iMerit in $310 Million Deal to Boost Enterprise AI Capabilities

EXL to Acquire AI Training Firm iMerit in $310 Million Deal to Boost Enterprise AI Capabilities

8:11 PM IST · June 25, 2026

EXL to Acquire AI Training Firm iMerit in $310 Million Deal to Boost Enterprise AI Capabilities

The acquisition will bring iMerit’s expertise in AI model training, reinforcement learning and multimodal evaluation to EXL, helping clients build more reliable and industry-specific AI systems.

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ITC Infotech-Happiest Minds Merger Is a Warning Shot for India's Mid-Tier IT

ITC Infotech-Happiest Minds Merger Is a Warning Shot for India's Mid-Tier IT

The ₹7,000-crore merger creates scale. But its bigger significance lies in what it says about the pressure building on India’s mid-sized IT services firms.

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Genesys Launches New Innovations To Automate End-To-End Customer Service

Genesys Launches New Innovations To Automate End-To-End Customer Service

Snippet: The platform retains information across interactions, determines its actions and coordinates work between AI and human employees while operating within predefined business rules.

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MongoDB Appoints Richard Scott as SVP for Asia Pacific & Japan

MongoDB Appoints Richard Scott as SVP for Asia Pacific & Japan

Scott, who brings more than 25 years of experience across the technology sector, joins MongoDB after holding senior roles at Salesforce, Microsoft and SAP.

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IIT Madras-Backed Bodhan AI, AI4Bharat Launch 4 AI Models for Students & Teachers

IIT Madras-Backed Bodhan AI, AI4Bharat Launch 4 AI Models for Students & Teachers

The models will be offered as Digital Public Goods, with open weights and sovereign APIs that let developers build applications without training language models from scratch.

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