Page 9 - Latest Updates on Artificial intelligence
Mutual funds' IT exposure at eight-year low amid AI, growth worries
IT stocks now account for just 6.7% of MF equity holdings, the lowest in eight years: Report
 "Mutual funds' IT exposure at eight-year low amid AI, growth worries")
OpenAI celebrates court win against Musk, but more challenges lie ahead
A US court victory against Elon Musk has removed one obstacle for OpenAI's IPO ambitions, but rising competition, copyright cases and safety concerns continue to mount
 "OpenAI celebrates court win against Musk, but more challenges lie ahead")
Tata Realty & Infra, Salesforce tie up for AI-led customer experience
Tata Realty has partnered with Salesforce to deploy AI-powered customer engagement tools aimed at improving responsiveness and lead conversion rates
 "Tata Realty & Infra, Salesforce tie up for AI-led customer experience")
Ed-tech firm Stemrobo Technologies aims tie-up with 1,000 schools in Gulf
Stemrobo Technologies plans to expand its AI, robotics, and STEM education footprint across GCC countries through large-scale school partnerships
 "Ed-tech firm Stemrobo Technologies aims tie-up with 1,000 schools in Gulf")
StanChart planning to lay off thousands of support staff amid AI push
London-headquartered bank said it would cut corporate functions roles by more than 15 per cent by 2030 and scale practical uses of AI to streamline processes
 "StanChart planning to lay off thousands of support staff amid AI push")
Salesforce burns 12 trillion AI tokens, says won't displace humans
Not every process needs to be agentified, says Vala Afshar
 "Salesforce burns 12 trillion AI tokens, says won't displace humans")
AI For Good: Can artificial intelligence become a force for humanity?
AI for Good is structured like a travelogue and the author's prose is breezy, concise and well observed. But travellers don't always come home with a nuanced understanding of what they've seen
 "AI For Good: Can artificial intelligence become a force for humanity?")
L&T Technology Services aims to double AI patent filings in three years
LTTS plans to expand its AI and GenAI patent portfolio to 500 filings over three years as it sharpens focus on engineering innovation and enterprise AI adoption
 "L&T Technology Services aims to double AI patent filings in three years")
ICAI to embed AI, data analytics in CA curriculum to match industry changes
Lakhs of students are pursuing chartered accountant programme at the Institute of Chartered Accountants of India (ICAI), which has more than five lakh members
 "ICAI to embed AI, data analytics in CA curriculum to match industry changes")
India missed out on AI and now its run as 'market darling' may be over
In a stark shift, the country's stock market is on the verge of dropping out of the world's five biggest for the first time in three years
 "India missed out on AI and now its run as 'market darling' may be over")
Technology only effective answer to wastage of judiciary's time: CJI
Technology and AI hold the key to reducing judicial delays, says CJI Surya Kant.
 "Technology only effective answer to wastage of judiciary's time: CJI")
Anthropic's dispute with US govt emerges as risk factor for Figma, others
Design software maker Figma Inc. said it may harm its ability to sell to the government if Anthropic continues to be declared a 'supply chain risk'
 "Anthropic's dispute with US govt emerges as risk factor for Figma, others")
Meta AI gets Gemini Live-like conversational feature, live visual feed
Meta AI's new capabilities allow the chatbot to hold real-time contextual conversations with the user and take live camera feed as input, similar to what Google offers with its Gemini Live interface
 "Meta AI gets Gemini Live-like conversational feature, live visual feed")
South Korean startup trains humanoid robots using human workers' skills
RLWRLD is among a wave of South Korean high-tech firms and manufacturers competing in the unproven yet fiercely contested global market for "physical AI"
 "South Korean startup trains humanoid robots using human workers' skills")
Fractal cofounder sees opportunity in partnering OpenAI, Anthropic
Fractal co-founder Srikanth Velamakanni said the company expects to benefit as OpenAI and Anthropic accelerate efforts to embed AI tools across enterprise workflows
 "Fractal cofounder sees opportunity in partnering OpenAI, Anthropic")
IMD launches two AI-enabled monsoon forecast models for first time in India
IMD says 2026 monsoon likely to reach parts of south Bay of Bengal, Andaman Sea and Andaman & Nicobar Islands by the weekend
 "IMD launches two AI-enabled monsoon forecast models for first time in India")
AI ads face ASCI test as draft rules target deepfakes, misleading claims
The guidelines also state that AI-driven paid or sponsored product suggestions would need to be specifically labelled as "sponsored by". ASCI has sought feedback by June 13
 "AI ads face ASCI test as draft rules target deepfakes, misleading claims")
HrdWyr raises $13 mn to scale AI-native chips for edge devices globally
The Indian semiconductor startup is developing AI-native processors for appliances, EVs and industrial systems that process data closer to where it is generated
 "HrdWyr raises $13 mn to scale AI-native chips for edge devices globally")
Google reports its first discovery of a zero-day exploit made with AI help
Google says threat actors likely used AI tools to identify and develop a zero-day exploit, marking what it describes as the first known case of its kind
 "Google reports its first discovery of a zero-day exploit made with AI help")
Fractal Analytics Q4 result: Profit doubles to ₹116 cr, revenue rises 17%
The consolidated revenue from operations of Fractal Analytics grew by 17 per cent to ₹886 crore during the reported quarter, from ₹757.5 crore in the March 2025 quarter
 "Fractal Analytics Q4 result: Profit doubles to ₹116 cr, revenue rises 17%")