Page 5 - Latest Updates on Artificial intelligence
AMD sees compute market zooming to $2 trn by 2030, launches new products
The chipmaker unveiled new AI processors and infrastructure at its Advancing AI Summit, betting on surging demand for agentic AI, inference workloads and open computing platforms
 "AMD sees compute market zooming to $2 trn by 2030, launches new products")
Coforge bags $230 million AI transformation deal from European client
The five-year contract is among the company's largest AI-led transformation engagements in Europe and underscores rising enterprise spending on AI-driven digital modernisation
 "Coforge bags $230 million AI transformation deal from European client")
China's memory chip makers ride AI boom to new power and US scrutiny
The clash illustrates the changing dynamics of China's semiconductor industry. CXMT has risen to become the world's fourth-biggest maker of memory
 "China's memory chip makers ride AI boom to new power and US scrutiny")
Coforge secures $230 mn AI transformation contract with European client
The contract is expected to improve decision-making, boost productivity, reduce manual effort and speed up service delivery, Coforge said in an exchange filing
 "Coforge secures $230 mn AI transformation contract with European client")
Amazon cuts jobs in AGI unit as it sharpens focus on key AI projects
The layoffs come as Amazon reorganises its Artificial General Intelligence (AGI) business, consolidating teams and redirecting resources towards projects with the greatest customer impact
 "Amazon cuts jobs in AGI unit as it sharpens focus on key AI projects")
Best of BS Opinion: Reviving 1991 reform spirit vital for India's growth
Today's Best of BS Opinion examines lessons from the 1991 reforms, safeguards for offline UPI, enterprise digital infrastructure, state capacity and the costs of children growing up online
 "Best of BS Opinion: Reviving 1991 reform spirit vital for India's growth")
Enterprise DPI can help India reclaim its advantage in the AI game
How enterprise digital public infrastructure can become the new rails on which India re-enters the AI game
 "Enterprise DPI can help India reclaim its advantage in the AI game")
Meesho reports narrower loss, says AI is becoming core to business
The company expects AI to lower the cost of innovation, enabling it to build products faster while maintaining disciplined capital allocation and creating long-term value
 "Meesho reports narrower loss, says AI is becoming core to business")
IMF urges stronger AI safeguards as India deepens financial sector adoption
The multilateral institution warned that rapid AI adoption could amplify systemic and cyber risks, urging stronger oversight, governance and international cooperation
 "IMF urges stronger AI safeguards as India deepens financial sector adoption")
ITC eyes ₹8 trillion FMCG market by 2035, bets on AI, premiumisation
ITC expects India's FMCG market to expand to around ₹8 trillion by 2035 and plans to drive growth through brand-building, AI-led consumer insights, digital commerce, and strategic acquisitions
 "ITC eyes ₹8 trillion FMCG market by 2035, bets on AI, premiumisation")
OpenAI models carry out hack in hours that may usually take weeks
OpenAI said it informed law enforcement and other US authorities after learning of a reported breach involving Hugging Face, as claims emerged that AI tools may have completed the cyberattack in hours
 "OpenAI models carry out hack in hours that may usually take weeks")
AI-powered robot DSC ARJUN joins ECoR network to boost rail safety
The robotic surveillance platform uses facial recognition, crowd analytics and automated alerts to strengthen station security and support Railway Protection Force personnel
 "AI-powered robot DSC ARJUN joins ECoR network to boost rail safety")
Advanced skills dictate IT firms' campus hiring as AI reshapes demand
IT services firms are cutting back on mass recruitment from engineering colleges and are instead, stepping up hiring of fresh graduates with specialised skills in AI as well as cybersecurity
 "Advanced skills dictate IT firms' campus hiring as AI reshapes demand")
Decoded: How AI guardrails fell short in Hugging Face's AI-driven breach
Hugging Face says an autonomous AI agent breached part of its infrastructure, while safety guardrails on commercial AI models slowed forensic analysis, exposing a new challenge for cyber defenders
 "Decoded: How AI guardrails fell short in Hugging Face's AI-driven breach")
AI models breached Hugging Face's system during capability test: OpenAI
OpenAI said in a blog post Tuesday that the models broke into Hugging Face's infrastructure during an evaluation of their cyber capabilities
 "AI models breached Hugging Face's system during capability test: OpenAI")
Rethink on safe harbour rules for AI models and tools on the cards
One major point of discussion, a source said, was the liability framework for companies developing frontier AI models and tools, and whether safe harbour protection should be extended to them
 "Rethink on safe harbour rules for AI models and tools on the cards")
UK PM Burnham names Kanishka Narayan as first AI minister to attend cabinet
Narayan, a Labour politician from Wales, was appointed minister for AI and online safety in September 2025 under Burnham's predecessor Keir Starmer
 "UK PM Burnham names Kanishka Narayan as first AI minister to attend cabinet")
Clinicians embrace AI tools, but hospitals lag on training, governance
A global survey of nearly 2,800 clinicians finds AI is now part of everyday healthcare, but weak trust, limited training and poor governance threaten its wider adoption in clinical practice
 "Clinicians embrace AI tools, but hospitals lag on training, governance")
Moonshot AI pauses Kimi subscriptions amid surging demand, IPO push
Moonshot said on Sunday that since Kimi K3's release, it has drawn massive user interest, leading to 'unprecedented compute challenges'
 "Moonshot AI pauses Kimi subscriptions amid surging demand, IPO push")
Aditya Birla Capital bets on AI-led growth, aims 25% loan CAGR in 3 years
ABCL is embedding generative and agentic AI across key functions while targeting 25 per cent loan growth over the next three years, backed by retail and MSME lending
 "Aditya Birla Capital bets on AI-led growth, aims 25% loan CAGR in 3 years")