Artificial Intelligence

Business beyond hugs and handshakes: Bank-fintech ties enter a new phase

The bank-fintech partnership is undergoing a structural shift as governance premium takes top billing

Updated On: 12 Jul 2026 | 11:31 PM IST

A first in 9 years: HDFC Bank trims workforce amid tech, AI ramp up

India's third largest private sector lender, Axis Bank had also reduced its workforce by around 3,100 in FY26 as investments in technology over the years began yielding productivity gains

Updated On: 12 Jul 2026 | 11:28 PM IST

Govt, Nasscom working on AI curriculum for undergraduate programmes

The government is working with IT industry body Nasscom for developing an artificial intelligence curriculum for undergraduate programmes, a senior executive said on Thursday. The National Association of Software and Services Companies (Nasscom) is a leading IT industry body. "The government is working with Nasscom to review and change the AI curriculum for all undergraduate (programmes)," the industry grouping's President Rajesh Nambiar told PTI. With the increasing use of AI in various areas, there is also a need to provide reskilling and upskilling opportunities for graduates. Nambiar said it would take around six months to finalise the curriculum for the undergraduate programmes as various bodies, including the All India Council for Technical Education (AICTE) and the University Grants Commission (UGC), need to go through it. Nambiar spoke on the sidelines of a briefing in the city by IBS Group, where it announced the launch of a vertical AI company, Naviq Technology. "AI is

Updated On: 12 Jul 2026 | 5:58 PM IST

TCS plans up to 8,900 AI deployment engineers, seeks AI acquisitions

The IT major plans to build a team of forward-deployed engineers, explore acquisitions in AI and cybersecurity, and deepen client engagement

Updated On: 12 Jul 2026 | 3:44 PM IST

Zhipu founder backs open-source AI as global security debate intensifies

Founder Tang Jie said frontier AI should remain widely accessible under open-source principles, arguing that transparency and broad participation offer stronger safeguards than restrictions

Updated On: 12 Jul 2026 | 2:21 PM IST

Future wars may use AI, but soldiers will win them: Rajnath Singh

Future wars may be fought with Artificial Intelligence, but they will still be won by national resolve, trained soldiers and robust military power, Defence Minister Rajanth Singh said on Saturday. Speaking at the commissioning ceremony of INA Mahendragiri here, Singh also said Andhra Pradesh has emerged as a new powerhouse of India's defence and aerospace manufacturing. "Future wars may be fought with Artificial Intelligence, but they will still be won by national resolve, trained soldiers and the capable military power. So, I would say that new technologies and conventional platforms are not opposed to each other, but supplement each other, complete each other. Without conventional platforms, new technologies are incomplete in themselves," he said. According to Singh, it is certain that new technologies have certainly reshaped warfare, but they have not diminished the role of conventional warfare means. The strong conventional capability that is still necessary for the fulfilment

Updated On: 11 Jul 2026 | 3:07 PM IST

Meta removes AI image feature days after launch following privacy backlash

Meta has withdrawn its new AI image-generation feature, launched earlier this week, after criticism over its use of public Instagram content and concerns that it was enabled by default

Updated On: 11 Jul 2026 | 8:18 AM IST

Apple accuses OpenAI of stealing trade secrets in lawsuit over AI devices

Apple has accused OpenAI and its hardware chief, former Apple executive Tang Tan, of encouraging employees to share confidential information, components and designs related to unreleased products

Updated On: 11 Jul 2026 | 7:21 AM IST

Best of BS Opinion: Does the world need an international anti-ecocide law?

Today's opinions examine environmental destruction in war, the strategic race for frontier AI and the lessons India can draw from Brazil's ethanol transition.

Updated On: 11 Jul 2026 | 6:15 AM IST

JPMorgan's AI agents outperform 60/40 portfolio in historical backtests

JPMorgan's AI-powered investing agents outperformed a traditional 60/40 portfolio in historical backtests, though the bank cautioned that the results are based on simulations

Updated On: 10 Jul 2026 | 11:00 PM IST

AI export curbs blur the line between security and mercantilism

Are restrictions on frontier models really driven by national-security concerns?

Updated On: 10 Jul 2026 | 10:47 PM IST

A $3.2 trillion global dealmaking frenzy is spurred by AI economy

This year's boom includes the most spent on global deal-making in a six-month period in a decade, but questions persist about whether it can continue

Updated On: 10 Jul 2026 | 8:24 AM IST

AI real threat to GCCs handling low-cost, repetitive work: CEA Nageswaran

Highlighting the evolution of India's GCC ecosystem, the CEA said multinational companies initially came to India for lower costs but stayed because of the country's capabilities

Updated On: 09 Jul 2026 | 6:14 PM IST

Will AI be making UPI payments for you now? Here's how it may work

NPCI is reportedly developing a Unified Agent Protocol (UAP), a proposed framework to verify and authorise AI agents within the UPI ecosystem.

Updated On: 09 Jul 2026 | 4:41 PM IST

AI has no capacity for originality, zero role in literature: Salman Rushdie

Celebrated author Salman Rushdie does not believe AI has any role to play in creative work as it has no capacity for originality. The Booker-winning author spoke about AI before accepting Liberatum's 14th Cultural Honor at a ceremony in London on July 8. "Nothing. Zero," Rushdie told Variety when asked what part AI should play in creative work. "It's not useful to creative work because AI has no capacity for originality. What it can do is suck up enormous amounts of information and produce versions of that. But what it can't do is something nobody's done before. And that's what art is, is to find things people haven't done before. So, I mean I have less than zero interest in AI." "Art at its best is a lot more than entertainment. It's challenging. And you challenge people, sometimes people don't like it, but that is all the more reason for doing it." Rushdie, who had once collaborated with director Deepa Mehta to adapt "Midnight's Children for the 2012 film, also discussed the she

Updated On: 09 Jul 2026 | 3:42 PM IST

Why OpenAI, Anthropic and Google are funding startups with AI credits

AI firms are spending millions on free credits as they compete to become the preferred platform for the next generation of startups

Updated On: 09 Jul 2026 | 2:57 PM IST

China asks users to update Claude Code over 'backdoor' security risk

China's National Vulnerability Database alleged that certain versions of Anthropic's AI coding tool may transmit sensitive user information without consent and advised users to update or uninstall it

Updated On: 09 Jul 2026 | 11:02 AM IST

OpenAI set to launch most capable GPT model after delayed rollout

The release of OpenAI's most advanced AI model was delayed after US government requests amid growing concerns over the misuse of powerful artificial intelligence technologies

Updated On: 09 Jul 2026 | 10:37 AM IST

Courts step in to check AI-driven breaches of personality rights

These orders allow plaintiffs to subsequently implead additional infringers without repeated court intervention, the experts said

Updated On: 08 Jul 2026 | 11:42 PM IST

Customers using AI tools 3 times more likely to buy: Amazon's Kishore Thota

Amazon says customers using its generative AI-powered shopping tools are three times more likely to make purchases, with adoption in India rising sharply year-on-year

Updated On: 08 Jul 2026 | 8:35 PM IST