Indian IT giant in the spotlight
A wave of new AI-focused funding signals a shift toward enterprise-ready solutions. BAG Ventures raises a new fund to back AI-native startups, Dorm Room Fund expands with a $50 million AI-aligned pool, and Ema secures growth funding to expand multi-agent workflows. Spellbook appoints a new CMO as the legal AI space grows. Together, these moves indicate a push toward integrated, outcome-driven AI in businesses.
The Trump administration has suspended new and pending PERM applications for major tech firms and a set of universities as part of a broader crackdown on skilled-work visas. Officials say the move targets perceived abuses while firms argue most filings extend existing workers’ statuses. The development follows high-profile comments by Vice President JD Vance about replacing American workers with foreign labor.
The United States has suspended several major IT services firms and a tech giant from an immigration program amid investigations into H-1B visa abuses. The moves mirror a broader crackdown by federal authorities, underscoring heightened scrutiny of outsourcing firms with sizable operations in India.
The U.S. Labor Department has suspended permanent Labor Certification (Perm) for several Indian IT firms amid a broader immigration crackdown. Vice President JD Vance has accused the H-1B system of fraud and undercutting American workers, highlighting Microsoft’s and Tata Consultancy Services’ roles in the debate. Indian authorities condemn the language while stressing that talent mobility benefits both economies.
The administration has announced suspensions affecting Microsoft and several large IT firms in the H1B1 visa and PERM programs, citing fraud concerns and past worker replacements. The move comes as Labor Secretary confirms broad suspensions and notes extensive foreign-worker authorizations since 2009.