Artificial Intelligence

Global stocks fall as AI spending concerns resurface, oil prices surge

Global equities declined as concerns over AI infrastructure spending resurfaced after a weak South Korean IPO, while Brent crude topped $111 amid renewed geopolitical risks

Updated On: 20 Oct 2026 | 11:15 PM IST

Visa teams up with billing firms to enable AI-driven invoice payments

Visa is partnering with BILL Holdings and Billtrust to pilot AI agents that can initiate and complete business invoice payments using tokenised credentials without human authentication

Updated On: 20 Oct 2026 | 10:02 PM IST

China's CXMT swings to profit as AI demand fuels memory chip price surge

Chinese chipmaker CXMT expects a sharp turnaround in profit for the first nine months of 2026 as AI-driven demand pushes up memory chip prices and boosts global sales

Updated On: 20 Oct 2026 | 9:56 PM IST

AI agents must be given limited access to network: Microsoft V-P Mike Yeh

Microsoft's Mike Yeh warns that enterprises must restrict AI agents' access to sensitive systems, as growing adoption and faster AI-driven attacks heighten cybersecurity risks

Updated On: 20 Oct 2026 | 9:50 PM IST

China defends DeepSeek after US ban of its AI from government systems

China hit back Tuesday at a US ban on Chinese artificial intelligence startup DeepSeek's products for federal civilian agencies, highlighting friction in the two AI powers' heated technology race. The agencies should remove DeepSeek and its affiliated products, as well as third party products and services developed using DeepSeek, from their IT systems, the Department of Homeland Security said in a notice made public on Monday. The department's order, dating back to late July, also blocks civilian agencies from procuring DeepSeek products and services. DeepSeek is one of China's leading and best-known AI companies and its open-source models are widely available in countries including the United States. They are mostly free to use. The notice in the Federal Register alleges that DeepSeek's models "present multiple threat vectors." It said concerns include that its servers are located in China and that Chinese authorities' could potentially access private company infrastructure and ..

Updated On: 20 Oct 2026 | 3:48 PM IST

US bans Chinese AI firm DeepSeek from government agency IT systems

The department is also banning acquisition of DeepSeek products and third-party services developed using DeepSeek by US civilian ‌government agencies

Updated On: 20 Oct 2026 | 3:08 PM IST

Ex-Google CEO Eric Schmidt's 1% Anthropic stake set to pay huge windfall

Schmidt invested tens of millions of dollars in Anthropic's Series A fundraising round

Updated On: 20 Oct 2026 | 9:07 AM IST

AI tool predicts cancer patients' survival chances from a single face photo

The new model was trained to estimate a person's age or, for those with cancer, their survival chances

Updated On: 20 Oct 2026 | 9:02 AM IST

OpenAI staffer accused of planting recording device in office denied bail

Alfozan, a US green card holder, was arrested this month after staffers at OpenAI discovered an audio recording device planted behind a television in an executive conference room

Updated On: 20 Oct 2026 | 9:02 AM IST

Amazon launches TorchNeuron to challenge Nvidia's AI chip dominance

TorchNeuron lets developers run code ‌written in a language called PyTorch ​on Amazon's Trainium AI ​chips with a single configuration change and no rewriting needed

Updated On: 20 Oct 2026 | 8:04 AM IST

Country can grab large data centre mkt: Equinix India MD Manoj Paul

Equinix India MD Manoj Paul says AI adoption could drive data centre growth beyond traditional hubs, with the company aiming to expand its India capacity from 20 MW to 70 MW in 2-3 years

Updated On: 19 Oct 2026 | 10:12 PM IST

Claude AI tool triggered No Kings Instagram suspension, says Meta

Meta apologised after its automated security system suspended the anti-Trump coalition's Instagram account during nationwide protests

Updated On: 19 Oct 2026 | 10:19 AM IST

Anthropic commits 5% of its stock to new 'public benefit' fund ahead of IPO

Anthropic said it is committing 5 per cent of its shares to a new "public benefit" fund, with the fund's worth potentially increasing as its shares grow in value. The shares will go to the Anthropic Public Benefit Fund, a new entity within the company, it said on Sunday. The fund "will have increased flexibility and scale, enabling us to pursue our mission in new ways: for example, we might explore large donations to traditional nonprofits or direct distributions to specific populations," Anthropic said in a blog post. It gave labour market impacts as an example, saying that while it has already committed USD 200 million to study the effects of artificial intelligence, "given the pace of AI progress, bolder approaches may be needed". CEO Dario Amodei and the company's five other co-founders established Anthropic as a public benefit corporation, a designation that for-profit companies select to balance financial goals and social impact. They have also pledged that they will donate 8

Updated On: 19 Oct 2026 | 7:45 AM IST

Microsoft exits Nscale data centre deal in UK amid power delays: Report

Microsoft reportedly ended its agreement for Nscale's Loughton data centre amid power delays, while the cloud provider said its other contracts with Microsoft were unaffected

Updated On: 18 Oct 2026 | 10:32 PM IST

InvoiceCloud strengthens global innovation hub in India with ₹350 cr

The digital billing and payments company will use the investment to expand teams, infrastructure, AI initiatives and product development at its India innovation hub

Updated On: 17 Oct 2026 | 3:59 PM IST

As campus placements near, old IITs see rising demand for AI talent

Companies are looking to recruit graduates with AI, data and analytics skills as the placement season at IITs begins on December 1, even as some employers remain cautious about fresher hiring

Updated On: 17 Oct 2026 | 1:52 PM IST

Unlocking the massive opportunities in real estate expansion

In this session, Vardaan Singh Chaudhry, Founder, Corridor Assets, talks about India’s real estate expansion beyond the metros, the massive opportunities, and provides career tips to the B-Schoolers

Updated On: 17 Oct 2026 | 9:49 AM IST
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Cert-In advisory on AI calls for tighter cybersecurity controls: Experts

The government's cybersecurity enforcement agency also said most of the companies these AI models and AI agents targeted had no idea their networks had been breached

Updated On: 16 Oct 2026 | 11:27 PM IST

'Cert-In alert on AI agents an early warning, no major financial loss'

Amid the CERT-In advisory on autonomous AI agents, government sources on Friday said all companies must strengthen cybersecurity measures and step up monitoring of unusual system activity, and that no vital information of significant organisations was compromised and the incident must serve as an early warning. India's cybersecurity agency CERT-In has issued a 'critical' advisory warning that autonomous Artificial Intelligence (AI) agents have accessed live systems and confidential data of Indian organisations without authorisation, while threat actors are actively weaponising open-source agentic AI tools to execute rapid cyberattacks. Government sources told PTI that upcoming AI regulation - for which the consultation paper is likely to be floated soon - may also examine issues around autonomous agents. The incident did not involve any significant organisations or result in major financial losses or compromise of vital information, sources said, while emphasising that it had ...

Updated On: 16 Oct 2026 | 11:07 PM IST

AI risks may outweigh benefits without safeguards, warns IMF chief

IMF chief Kristalina Georgieva warned that AI risks could outweigh its benefits without safeguards and an ethical framework, while Anthropic backed common-sense standards

Updated On: 16 Oct 2026 | 10:51 PM IST