Page 5 - Latest Updates on Artificial intelligence
MoS External Affairs Singh to lead India at UN AI governance forum
Minister of State for External Affairs and Environment, Forest & Climate Change, Singh, will be leading the Indian delegation to Geneva, Switzerland
 "MoS External Affairs Singh to lead India at UN AI governance forum")
AI focus, weak spending to weigh on IT firms in June quarter: Equirus
Equirus expects the top six Indian IT services companies to report constant-currency organic US-dollar revenue performance ranging from a 1.7 per cent decline to 1.1 per cent growth quarter-on-quarter
 "AI focus, weak spending to weigh on IT firms in June quarter: Equirus")
Nvidia supplier Foxconn's sales surge 40% on robust AI server demand
Shipments of AI racks are expected to maintain their momentum in the current quarter, while demand for information and communications technology products is entering peak season
 "Nvidia supplier Foxconn's sales surge 40% on robust AI server demand")
Investors turn to India as AI market storm rattles global equities
India's lack of AI plays has been a hurdle most of the year as investors turned to markets like South Korea and Taiwan that delivered stellar returns
 "Investors turn to India as AI market storm rattles global equities")
HCLTech wins $1.14 billion deal from Fortune Global 50 European client
The five-year deal with a European Fortune Global 50 company will help HCLTech transform and manage the client's global digital workplace and enterprise networks
 "HCLTech wins $1.14 billion deal from Fortune Global 50 European client")
Govt to soon start work on new legal framework for AI: IT Secy Krishnan
The government will soon begin stakeholder consultations on a dedicated legal framework for artificial intelligence as evolving AI capabilities require a separate regulatory regime, IT Secretary
 "Govt to soon start work on new legal framework for AI: IT Secy Krishnan")
Time has come to look at separate AI legislation, says IT Secy S Krishnan
Policymakers, across the globe, are grappling with challenges posed by generative AI, including deepfakes, misinformation, and online harms
 "Time has come to look at separate AI legislation, says IT Secy S Krishnan")
AI agent tech progressing slower than expected, says Mark Zuckerberg
Zuckerberg added that a company reorganization that included major job cuts was not as "clean" as it could have been and that executives had miscalculated on the timing of the changes
 "AI agent tech progressing slower than expected, says Mark Zuckerberg")
Datanomics: India second hardest hit as AI-driven tech layoffs accelerate
Oracle joins a growing list of tech firms cutting jobs as AI adoption accelerates, with 2026 layoffs already surpassing the total recorded in 2025
 "Datanomics: India second hardest hit as AI-driven tech layoffs accelerate")
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
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")