Page 12 - Latest Updates on Artificial intelligence
India, Japan unveil 16 summit outcomes to deepen strategic partnership
The two countries agreed to strengthen cooperation in energy security, AI, defence, supply chains, mobility and investments while advancing economic resilience and Indo-Pacific stability
 "India, Japan unveil 16 summit outcomes to deepen strategic partnership")
'Methyl isocyanate of law': Supreme Court sets aside AI-generated verdicts
The Supreme Court set aside an NCLT order over AI-generated fake precedents, directing zero tolerance for citing hallucinated judgments in courts
 "'Methyl isocyanate of law': Supreme Court sets aside AI-generated verdicts")
Amazon India legal chief steps up fight against fakes and AI-enabled scams
As Amazon commits $48 billion to India through 2030, legal chief Rakesh Mohan Bakshi says combating counterfeiting and AI-enabled fraud has become central to the company's strategy
 "Amazon India legal chief steps up fight against fakes and AI-enabled scams")
IT industry to undergo workforce transition due to AI: Neelkanth Mishra
Neelkanth Mishra says AI will reshape India's IT workforce through reskilling and new roles, while urging stronger research, deep-tech capital and domestic AI capabilities
 "IT industry to undergo workforce transition due to AI: Neelkanth Mishra")
Why United Nations wants stronger global oversight as AI evolves rapidly
UN's scientific assessment says AI capabilities are advancing faster than governments can regulate them, urging stronger global cooperation, independent oversight, and standardised evaluations
 "Why United Nations wants stronger global oversight as AI evolves rapidly")
AI was meant to cut costs. Why is it becoming the biggest new expense?
Firms embraced AI to boost productivity and cut costs; but with spending on subscriptions, infra and governance rising, is AI delivering returns, or simply creating another recurring business expense?
 "AI was meant to cut costs. Why is it becoming the biggest new expense?")
Serial entrepreneur Turakhia launches AI work platform Neo with $30 mn
Serial entrepreneur says AI-native platform integrates work, knowledge and execution into a single suite to help enterprises realise productivity gains
 "Serial entrepreneur Turakhia launches AI work platform Neo with $30 mn")
OpenAI discusses giving US govt 5% stake as Trump weighs public share in AI
OpenAI's proposal comes as the Trump administration weighs measures to ensure Americans benefit from profits made by AI companies while increasing scrutiny of advanced models
 "OpenAI discusses giving US govt 5% stake as Trump weighs public share in AI")
Why businesses are choosing cheap Chinese AI models over AI giants
Chinese AI models are winning users with lower costs and improving performance. But as they gain ground in cybersecurity benchmarks, concerns over data security and AI policy are growing
 "Why businesses are choosing cheap Chinese AI models over AI giants")
Palantir CEO criticises OpenAI, Anthropic's token-based AI pricing
Alex Karp also cautioned against underestimating China's rapid progress in AI, saying the country is advancing faster than many in the industry acknowledge.
 "Palantir CEO criticises OpenAI, Anthropic's token-based AI pricing")
US govt in advanced talks with AI companies for voluntary model standards
Washington has tightened oversight of new model releases to flag risks amid concerns advanced AI could be misused by military intelligence in China, Russia or other countries of concern
 "US govt in advanced talks with AI companies for voluntary model standards")
AI becomes largest hiring driver as GCCs ramp up demand for digital talent
India's GCC hiring continues to grow despite a broader slowdown in white-collar recruitment, with AI skills driving nearly two-thirds of new jobs in 2026
 "AI becomes largest hiring driver as GCCs ramp up demand for digital talent")
SBI rolls out AI-powered features on YONO, expands trade finance services
The bank introduced an AI-powered virtual assistant, digital account opening, mobile trade finance and sustainability features as part of its push to strengthen digital banking services
 "SBI rolls out AI-powered features on YONO, expands trade finance services")
Ahead of BRICS forum, BMS outlines AI agenda centred on labour protections
The proposed work programme focuses on workplace surveillance, automation-led job losses, platform workers' rights and ethical AI ahead of the BRICS Trade Union Forum in Hyderabad
 "Ahead of BRICS forum, BMS outlines AI agenda centred on labour protections")
Fugu vs GLM-5.2 vs Mythos: Why AI benchmarks crown different winners
New AI models from Japan's Sakana AI and China's Z.ai are posting higher scores than Anthropic's Claude Mythos on select benchmarks; here's what it actually means:
 "Fugu vs GLM-5.2 vs Mythos: Why AI benchmarks crown different winners")
Anthropic launches 'Claude Science' AI workbench for scientific research
The workbench offers scientists a user interface specifically designed for conducting research
 "Anthropic launches 'Claude Science' AI workbench for scientific research")
US govt lifts export restrictions on Anthropic's Fable 5 AI model
Anthropic said it had received notice that Commerce Department was lifting the curbs on access to both models. Some of the restrictions on Mythos had been eased on June 26
 "US govt lifts export restrictions on Anthropic's Fable 5 AI model")
AI's financial frontier: India must be prepared for potential macro risks
The BIS warns that the AI boom is becoming a macrofinancial risk, with concentrated investment and rising debt posing potential threats to global financial stability
 "AI's financial frontier: India must be prepared for potential macro risks")
Coding to AI returns: IT's moment of truth as tech reshapes services
Tech firms shift focus from labour arbitrage to outcomes as AI does most of the work
 "Coding to AI returns: IT's moment of truth as tech reshapes services")
IIMA Ventures launches AI residency programme for student entrepreneurs
The month-long, fully funded programme has selected 43 students from more than 11,000 applicants to help transform AI-led startup ideas into validated ventures
 "IIMA Ventures launches AI residency programme for student entrepreneurs")