Artificial Intelligence

The audit regulator's first technology guidance says AI can support audit quality but cannot substitute professional judgement, scepticism or auditor accountability

A first of its kind project in India, the facility will provide secure, scalable and inclusive digital infrastructure for government, research institutions, startups and enterprises

Growing use of artificial intelligence (AI) across all spheres is set to take the overall market for compute infrastructure to USD 2 trillion by 2030 from USD 365 billion in 2025, global semiconductor major AMD said on Thursday. Eyeing the 40 per cent compounded annual growth in the market that it expects, the company unveiled a slew of products, including advanced microprocessors at its annual Advancing AI Summit here. Lisa Su, the Chairman and Chief Executive of the company that has been competing with bigger rival Nvidia, said AI had moved beyond chatbots to reasoning models and was now entering the era of agentic AI, where AI systems autonomously execute multi-step tasks, dramatically increasing demand for computing power. "AI is the most important technology of the last 50 years, and frankly, the progress that we're seeing in the industry is just incredible. Every few months, we see something new that was far beyond our imagination," Su said, adding that the industry was still

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

The clash illustrates the changing dynamics of China's semiconductor industry. CXMT has risen to become the world's fourth-biggest maker of memory

The AI race between the US and China is heating up. Washington has accused Chinese startup Moonshot AI of using American technology to build its powerful Kimi K3 model,

The contract is expected to improve decision-making, boost productivity, reduce manual effort and speed up service delivery, Coforge said in an exchange ​filing

The layoffs come as Amazon reorganises its Artificial General Intelligence (AGI) business, consolidating teams and redirecting resources towards projects with the greatest customer impact

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

How enterprise digital public infrastructure can become the new rails on which India re-enters the AI game

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

The multilateral institution warned that rapid AI adoption could amplify systemic and cyber risks, urging stronger oversight, governance and international cooperation

ITC expects its FMCG market to expand to around Rs 8 lakh crore by 2035 as the conglomerate looks to strengthen its position through a combination of brand-building, digital commerce expansion, and strategic acquisitions, Chairman & Managing Director Sanjiv Puri said on Thursday. Addressing shareholders at the company's Annual General Meeting (AGM), Puri said the Indian FMCG market was "poised for significant expansion" as the consumer landscape evolves rapidly. "The rise of aspirational Bharat, premiumisation, Gen Z and Gen Alpha consumers, expanding digital access and the growth of quick commerce are reshaping categories, channels and expectations," he said. To capitalise on these trends, ITC is leveraging an AI-led consumer insight ecosystem that enables micro-segmentation and supports the development of differentiated offerings tailored to evolving consumer needs, lifestyles and occasions, Puri said. He also underscored the growing role of online and omnichannel commerce in ...

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

The robotic surveillance platform uses facial recognition, crowd analytics and automated alerts to strengthen station security and support Railway Protection Force personnel

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

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

OpenAI said in a blog post Tuesday that the models broke into Hugging Face's infrastructure during an evaluation of their cyber capabilities

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

Narayan, a Labour politician from Wales, was appointed minister for AI and online safety in September 2025 under Burnham's predecessor Keir Starmer