Tata Elxsi launched DevStudio.ai, an AI platform for automotive software. It aligns with ASPICE standards and integrates with OEM and tier-1 toolchains. It addresses the challenge of accelerating software development ‘at China speed’ while maintaining safety and regulatory standards. Shares of Tata Elxsi ended nearly 1% higher at ₹4,400 ahead of the announcement on Thursday, March 5.