Page 4 - Latest Updates on Artificial intelligence
Fintechs get boost from global AI firms as payment processing demand rises
Growing demand for AI services in India is creating a fast-expanding cross-border payments opportunity for domestic fintech companies
 "Fintechs get boost from global AI firms as payment processing demand rises")
The upskilling imperative: TCS' plan on AI agents must spur a new approach
IT majors, including TCS, recently experienced erosion in stock-market valuation mainly due to investor anxiety over AI threats as well as geopolitical factors
 "The upskilling imperative: TCS' plan on AI agents must spur a new approach")
New Army chief expected to continue multi-domain capability drive
Lieutenant General Seth will assume office on the afternoon of June 30, 2026, when the incumbent, General Upendra Dwivedi, retires from service
 "New Army chief expected to continue multi-domain capability drive")
AI rally showing first signs of fatigue since 2025: Elara Capital report
Investors are reducing exposure to AI-linked infrastructure and supply-chain plays, although confidence in core beneficiaries of the technology remains intact, according to Elara Capital
 "AI rally showing first signs of fatigue since 2025: Elara Capital report")
Soft skills make a comeback among employers as AI makes lookalike resumes
The surge in AI-written resumes is making it harder for employers to shortlist candidates based on CVs alone, prompting greater focus on behaviour, values and communication skills
 "Soft skills make a comeback among employers as AI makes lookalike resumes")
Anthropic halts foreign access to advanced AI models on US govt's directive
The net effect of this order is that we must abruptly disable Fable 5 and Mythos 5 for all our customers to ensure compliance; access to all other Anthropic models will not be affected, Anthropic said
 "Anthropic halts foreign access to advanced AI models on US govt's directive")
Meta made 'mistakes' in AI workforce shift, says CEO Mark Zuckerberg
Zuckerberg is pumping hundreds of billions of dollars into AI as he seeks to reshape his company's inner workings around technology, reflecting a broader pattern among major US companies this year
 "Meta made 'mistakes' in AI workforce shift, says CEO Mark Zuckerberg")
OpenAI under investigation by coalition of US state attorneys general
OpenAI also has been sued by individuals claiming a range of harms from the company's chatbot on children and adults alike, including accusations it has led to deaths by suicide
 "OpenAI under investigation by coalition of US state attorneys general")
Best of BS Opinion: Why PM Modi must leave the past behind and look ahead
From China's bid to expand the renminbi's global role to India's data centre boom, Narendra Modi's next challenges and Pope Leo XIV's views on AI, here's the best of BS Opinion
 "Best of BS Opinion: Why PM Modi must leave the past behind and look ahead")
AI's promise must not come at the cost of human dignity
Whether you agree with the Pope's interpretation depends in part on your answers to foundational questions about what it means to be human and the nature of consciousness
 "AI's promise must not come at the cost of human dignity")
Agri-tech startups must move beyond basic problem-solving: NITI official
NITI Aayog's Himanshu Joshi said Indian agri- and water-tech startups should adopt technologies for new markets and move beyond basic problem-solving to tackle regulatory challenges
 "Agri-tech startups must move beyond basic problem-solving: NITI official")
IndiaAI Mission-backed startup Avataar launches indigenous video AI model
The IndiaAI Mission-backed startup said Varya can generate video at a fraction of the cost of global models while better capturing Indian contexts and cultural diversity
 "IndiaAI Mission-backed startup Avataar launches indigenous video AI model")
IG Defence plans ₹10,000 crore deep-tech systems pipeline by FY30
The defence technology firm plans to expand its footprint in autonomous strike systems, AI-enabled warfare solutions and drone manufacturing as military demand rises
 "IG Defence plans ₹10,000 crore deep-tech systems pipeline by FY30")
Equal AI raises $30 mn to expand AI-powered assistant platform in India
The Series B round, co-led by Prosus Ventures and Tomales Bay Capital, will support the expansion of Equal AI's voice-based assistant and lifestyle services
 "Equal AI raises $30 mn to expand AI-powered assistant platform in India")
AI will not make GBS firms obsolete, but more important: BCG report
Global Business Services will evolve from service-delivery centres into enterprise AI orchestration hubs, the report said
 "AI will not make GBS firms obsolete, but more important: BCG report")
Don't know if Claude AI used in strike at Iran school: Anthropic CEO
Dario Amodei said the use case in this instance didn't violate the company's policies, arguing military decision makers make terrible mistakes even at the best of times
 "Don't know if Claude AI used in strike at Iran school: Anthropic CEO")
AI will create more jobs than it disrupts, says Microsoft India chief
Kumar said the country combines the world's second-largest engineering talent pool with immense digital ambition and the ability to innovate at scale
EY GDS launches flagship AI-focused client experience centre in Bengaluru
The ey.ai Center for Reimagination is part of EY's $1.4 billion AI investment plan and aims to help organisations translate AI ambitions into large-scale business transformation
 "EY GDS launches flagship AI-focused client experience centre in Bengaluru")
TCS announces strategic partnership with Anthropic; to set up dedicated BU
IT services company will equip 50,000 employees with Claude AI as part of a deal to expand enterprise AI transformation
 "TCS announces strategic partnership with Anthropic; to set up dedicated BU")
India's top companies must invest heavily in AI, says Mohandas Pai
The former Infosys CFO says India's leading firms need to increase investments in AI and R&D or risk losing competitiveness to global rivals
 "India's top companies must invest heavily in AI, says Mohandas Pai")