Artificial Intelligence

Fintechs get boost from global AI firms as payment processing demand rises

Growing demand for AI services in India is creating a fast-expanding cross-border payments opportunity for domestic fintech companies

Updated On: 14 Jun 2026 | 11:45 PM IST

The upskilling imperative: TCS' plan on AI agents must spur a new approach

IT majors, including TCS, recently experienced erosion in stock-market valuation mainly due to investor anxiety over AI threats as well as geopolitical factors

Updated On: 14 Jun 2026 | 11:14 PM IST

New Army chief expected to continue multi-domain capability drive

Lieutenant General Seth will assume office on the afternoon of June 30, 2026, when the incumbent, General Upendra Dwivedi, retires from service

Updated On: 14 Jun 2026 | 9:48 PM IST

AI rally showing first signs of fatigue since 2025: Elara Capital report

Investors are reducing exposure to AI-linked infrastructure and supply-chain plays, although confidence in core beneficiaries of the technology remains intact, according to Elara Capital

Updated On: 14 Jun 2026 | 9:33 PM IST

Soft skills make a comeback among employers as AI makes lookalike resumes

The surge in AI-written resumes is making it harder for employers to shortlist candidates based on CVs alone, prompting greater focus on behaviour, values and communication skills

Updated On: 13 Jun 2026 | 11:37 AM IST

Anthropic halts foreign access to advanced AI models on US govt's directive

The net effect of this order is that we must abruptly disable Fable 5 and Mythos 5 for all our customers to ensure compliance; access to all other Anthropic models will not be affected, Anthropic said

Updated On: 13 Jun 2026 | 9:31 AM IST

Meta made 'mistakes' in AI workforce shift, says CEO Mark Zuckerberg

Zuckerberg is pumping hundreds of billions of dollars into AI as he seeks to reshape his company's inner workings around technology, reflecting a broader pattern ‌among major US companies this year

Updated On: 13 Jun 2026 | 7:43 AM IST

OpenAI under investigation by coalition of US state attorneys general

OpenAI also has been sued by individuals claiming a range of harms from the company's chatbot on children and adults alike, including accusations it has led to deaths by suicide

Updated On: 13 Jun 2026 | 7:40 AM IST

Best of BS Opinion: Why PM Modi must leave the past behind and look ahead

From China's bid to expand the renminbi's global role to India's data centre boom, Narendra Modi's next challenges and Pope Leo XIV's views on AI, here's the best of BS Opinion

Updated On: 13 Jun 2026 | 6:15 AM IST

AI's promise must not come at the cost of human dignity

Whether you agree with the Pope's interpretation depends in part on your answers to foundational questions about what it means to be human and the nature of consciousness

Updated On: 12 Jun 2026 | 11:33 PM IST

Agri-tech startups must move beyond basic problem-solving: NITI official

NITI Aayog's Himanshu Joshi said Indian agri- and water-tech startups should adopt technologies for new markets and move beyond basic problem-solving to tackle regulatory challenges

Updated On: 12 Jun 2026 | 10:34 PM IST

IndiaAI Mission-backed startup Avataar launches indigenous video AI model

The IndiaAI Mission-backed startup said Varya can generate video at a fraction of the cost of global models while better capturing Indian contexts and cultural diversity

Updated On: 12 Jun 2026 | 10:05 PM IST

IG Defence plans ₹10,000 crore deep-tech systems pipeline by FY30

The defence technology firm plans to expand its footprint in autonomous strike systems, AI-enabled warfare solutions and drone manufacturing as military demand rises

Updated On: 12 Jun 2026 | 10:04 PM IST

Equal AI raises $30 mn to expand AI-powered assistant platform in India

The Series B round, co-led by Prosus Ventures and Tomales Bay Capital, will support the expansion of Equal AI's voice-based assistant and lifestyle services

Updated On: 12 Jun 2026 | 6:03 PM IST

AI will not make GBS firms obsolete, but more important: BCG report

Global Business Services will evolve from service-delivery centres into enterprise AI orchestration hubs, the report said

Updated On: 12 Jun 2026 | 1:45 PM IST

Don't know if Claude AI used in strike at Iran school: Anthropic CEO

Dario Amodei said the use case in this instance didn't violate the company's policies, arguing military decision makers make terrible mistakes even at the best of times

Updated On: 12 Jun 2026 | 11:03 AM IST

AI will create more jobs than it disrupts, says Microsoft India chief

Artificial Intelligence is poised to create more opportunities than it disrupts, and Indian engineers must shift their focus from job security fears of collaborating with the technology, a senior Microsoft India executive has said. Rajiv Kumar, Managing Director and President of Microsoft India Development Center (IDC), in a blog post on Thursday, said the rapid evolution of technology is shrinking the lifespan of technical skills, making continuous learning and adaptability crucial for the workforce. Citing the World Economic Forum's Future of Jobs Report 2025, which surveyed over 1,000 employers across 22 industry clusters and 55 economies, Kumar noted that 39 per cent of core job skills are expected to change by 2030. In India specifically, an estimated 63 per cent of the workforce will need significant upskilling or reskilling by the same year. "Virtually every major technology wave in history has ultimately created more opportunities than it destroyed... The real question is n

Updated On: 12 Jun 2026 | 12:21 AM IST

EY GDS launches flagship AI-focused client experience centre in Bengaluru

The ey.ai Center for Reimagination is part of EY's $1.4 billion AI investment plan and aims to help organisations translate AI ambitions into large-scale business transformation

Updated On: 12 Jun 2026 | 12:09 AM IST

TCS announces strategic partnership with Anthropic; to set up dedicated BU

IT services company will equip 50,000 employees with Claude AI as part of a deal to expand enterprise AI transformation

Updated On: 11 Jun 2026 | 11:07 PM IST

India's top companies must invest heavily in AI, says Mohandas Pai

The former Infosys CFO says India's leading firms need to increase investments in AI and R&D or risk losing competitiveness to global rivals

Updated On: 11 Jun 2026 | 6:52 PM IST