US software stocks were down in premarket trading as IBM and ServiceNow reported quarterly results that intensified worries about AI-driven disruption. Investors appear concerned that new AI capabilities could reshape workflows, pricing, and competitive dynamics across the sector, driving renewed caution even among companies seen as major beneficiaries of automation and machine learning.
Nasscom Foundation has partnered with IBM to upskill more than 87,000 marginalised youth nationwide through the IBM SkillsBuild programme. The initiative offers free, future-ready training in areas such as AI, cybersecurity, cloud, data analytics and professional skills, with mentorship and hands-on learning to help participants gain real workplace readiness.
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