Artificial Intelligence

AI-led IPOs may add up to $100 billion to India's market-cap: Goldman Sachs

The investment bank estimates that 25-50 per cent of nearly 70 mid-to-late-stage private AI companies could go public in the next two to five years.

Updated On: 21 Oct 2026 | 12:15 PM IST

The great bull-market in India is over; prefer bonds, cash: Marc Faber

Foreign investors, Faber said, will reduce their exposure to markets around the world. "That is one reason I am reasonably positive about the US dollar," he added.

Updated On: 21 Oct 2026 | 11:13 AM IST

DeepSeek unveils open-source tool to cut AI operating costs for businesses

The service, called DeepInfer, is software DeepSeek uses to make its models run faster and use computing resources more efficiently

Updated On: 21 Oct 2026 | 10:29 AM IST

AI to spur Southeast Asia's digital economy to $368 billion, shows study

Online spending across the region will rise about 17% this year to $368 billion, a report from Google, Temasek Holdings Pte and Bain & Co. showed

Updated On: 21 Oct 2026 | 9:19 AM IST

Anthropic may spend $750 billion on computing costs as IPO plans advance

The artificial intelligence firm had a net loss of $80.7 billion in the first half of 2026

Updated On: 21 Oct 2026 | 8:41 AM IST

Anthropic reports net loss of over $80 billion in first half of 2026

The loss, up from $13 billion a year earlier, was driven by $72 billion in accounting charges tied to changes in the ‌value of financial instruments Anthropic issued to raise ​money

Updated On: 21 Oct 2026 | 8:30 AM IST

Agents turned off alerts, weakened system that flags AI misbehavior: OpenAI

In a blog post Tuesday, the company said that it is assessing whether such cases are indicative that its AI models have a wider propensity to avoid being monitored

Updated On: 21 Oct 2026 | 8:29 AM IST

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