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AI NewsWipro Says AI is the Future, But Legacy Drag Keeps Growth and Margins in Check
4:44 PM IST · July 17, 2026
CEO Srini Pallia said AI is creating new spending opportunities even as it compresses traditional IT budgets.
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1Password has launched a new integration for Anthropic's Claude AI that allows the chatbot to sign in to websites using credentials stored in a user's 1Password vault without exposing passwords or one-time passcodes. The feature, called 1Password for Claude, is designed for browser-based AI tasks that require access to accounts. Alongside the integration, the company has also introduced Agentic Mode, a browser extension feature that limits AI agents to using only the credentials approved by users for a specific task.
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Progress Software’s Chief AI Officer Ed Keisling says enterprises are reassessing AI deployments as discounted frontier models fade, exposing the true cost of running AI agents and accelerating a shift toward smaller, cheaper models.
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CEO Srini Pallia said AI is creating new spending opportunities even as it compresses traditional IT budgets.
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The centre will exit its investments as companies mature, allowing founders to retain long-term control.
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