Page 3 - Latest Updates on Artificial intelligence
Infosys, TCS to HCL Tech: AI slowdown calls send Nifty IT pack 5% higher
Indian IT stocks have been one of the biggest casualties of AI boom, having lost 21 per cent on a year-to-date basis.
 "Infosys, TCS to HCL Tech: AI slowdown calls send Nifty IT pack 5% higher")
No governments are ready for AI-driven societal changes, says Bill Gates
Bill Gates warned governments are lagging behind the rapid changes AI could bring, while his foundation plans to spend at least $1 billion to expand access to AI
 "No governments are ready for AI-driven societal changes, says Bill Gates")
AI may 'kill us all', says Google DeepMind researcher in exit post
Bilal is the latest AI researcher to voice grave concerns in recent days about the new technology's evolving but misaligned capabilities that could eventually destroy humankind
 "AI may 'kill us all', says Google DeepMind researcher in exit post")
Barack Obama calls for AI safety measures, rebukes Trump's approach
The former president criticized the hands-off approach to AI regulation championed by President Donald Trump, though he did not mention his successor by name
 "Barack Obama calls for AI safety measures, rebukes Trump's approach")
ANZ CEO Nuno Matos warns of AI risks, job cuts after Musk, Altman alert
The bank boss warned about the potentially destabilizing impact of AI adoption on society should mass job losses emerge, and didn't rule out the possibility of sweeping cuts at ANZ due to AI
 "ANZ CEO Nuno Matos warns of AI risks, job cuts after Musk, Altman alert")
Oracle begins fresh layoffs as AI infrastructure spending keeps rising
Oracle has begun another round of layoffs after its workforce fell by 21,000 in financial year 2026, as the software giant ramps up spending on AI data centres and infrastructure
 "Oracle begins fresh layoffs as AI infrastructure spending keeps rising")
US senators weigh requiring AI giants to commit to preventing catastrophe
AI-related stocks fell worldwide on Monday after leaders of some of the industry's largest companies called for slowing the pace of the technology's development
 "US senators weigh requiring AI giants to commit to preventing catastrophe")
Elon Musk's X Corp and SpaceXAI resolve antitrust lawsuit against Apple
The resolution ends a high-profile legal battle between Musk and one of the world's most valuable companies over control of the AI chatbot market, though the claims against OpenAI will continue
 "Elon Musk's X Corp and SpaceXAI resolve antitrust lawsuit against Apple")
Sick conspiracy against AI, data centres: Trump calls AI risks a 'hoax'
The president was pushing back against calls by tech leaders such as Anthropic's Dario Amodei, OpenAI's Sam Altman and SpaceXAI's Elon Musk to have greater government oversight of AI
 "Sick conspiracy against AI, data centres: Trump calls AI risks a 'hoax'")
Beijing hits back at Anthropic CEO's call to curb China's AI development
Beijing urged countries to cooperate on AI governance, rejecting calls for tighter US restrictions on China's AI capabilities as 'fearmongering' and confrontation
 "Beijing hits back at Anthropic CEO's call to curb China's AI development")
Pacing the AI frontier
Self-regulation will be challenging
 "Pacing the AI frontier")
Global AI stocks fall as industry chiefs call for slowing development
AI-linked stocks plunged globally after industry leaders urged slower development over safety risks, while OpenAI ruled out an IPO this year and Anthropic pressed ahead
 "Global AI stocks fall as industry chiefs call for slowing development")
Microsoft drafts AI code to keep all future systems under human control
Draft code would prohibit Microsoft's AI from resisting correction or shutdown, reject model rights and be used to train future systems after six weeks of public feedback
 "Microsoft drafts AI code to keep all future systems under human control")
Google picks 4 Indian startups for inaugural DeepMind AI accelerator
Google selects four Indian startups for its first DeepMind climate accelerator, backing AI-led solutions in agriculture, carbon removal and biodiversity
 "Google picks 4 Indian startups for inaugural DeepMind AI accelerator")
Trai calls for human oversight, safeguards as AI reshapes telecom
COAI and UK government sign MoU to strengthen cooperation on AI, digital connectivity, digital trust and responsible technology-led innovation
 "Trai calls for human oversight, safeguards as AI reshapes telecom")
AI helps students with work, but more use doesn't mean better scores: Study
The report said students who do not use AI for schoolwork generally score higher in science than students who do
 "AI helps students with work, but more use doesn't mean better scores: Study")
COAI, British High Commission sign pact on AI, digital trust, connectivity
The memorandum of understanding (MoU) was inked at the CO.AI 2026 event organised by Cellular Operators Association of India (COAI), in association with the British High Commission
 "COAI, British High Commission sign pact on AI, digital trust, connectivity")
ICBC, HSBC among major lenders on ByteDance's $30 billion financing
The three-year borrowing, which could be extended to as long as five years, attracted 28 banks, some of which committed via various branches or subsidiaries
 "ICBC, HSBC among major lenders on ByteDance's $30 billion financing")
Anthropic expects profit this quarter ahead of potential $2 trillion IPO
The AI company's revenue jumped 14-fold to $11.5 billion in Q2, while annualised revenue reached $65 billion in July as CEO Dario Amodei urged the industry to slow AI development
 "Anthropic expects profit this quarter ahead of potential $2 trillion IPO")
AI offers opportunity but needs safeguards, right governance: Trai chief
Trai Chairman Anil Kumar Lahoti said AI can improve telecom network management and fraud detection, but stressed safeguards, human oversight, auditability and accountability
 "AI offers opportunity but needs safeguards, right governance: Trai chief")