Artificial Intelligence

Meta executive leading 'AI for work' overhaul exits amid restructuring

Emily Dalton Smith, who has been with the Facebook owner since 2015, previously held roles as vice president of product management and head of product for Meta's Twitter-like microblogging app Threads

Updated On: 18 Jun 2026 | 7:42 AM IST

Canada Pension Plan Investment Boards invests up to ₹7,000cr in CtrlS

Partnership includes an 8.2 per cent stake acquisition and a joint venture to develop hyperscale datacenter campuses across India amid rising AI and cloud demand

Updated On: 17 Jun 2026 | 11:40 PM IST

Jio IPO details, data centre strategy: Expectations from RIL's 49th AGM

RIL's annual report, according to CLSA, highlights the company's ambition to leverage AI offerings, plans to expand data centre capacity, along with progress in new energy.

Updated On: 17 Jun 2026 | 10:40 PM IST

Pramaana Labs raises $27 million in seed funding led by Khosla Ventures

AI verification startup plans to use proceeds to train formalisation models, expand research team and scale operations across regulated sectors

Updated On: 17 Jun 2026 | 10:00 PM IST

Who backed Sarvam AI & what it means for India’s AI sovereignty

Sarvam AI has become a unicorn after raising $234 million in a Series B funding round. The round was led by HCLTech and Bessemer Venture Partners, with participation from existing investors Khosla Ven

Updated On: 17 Jun 2026 | 7:49 PM IST
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India among Asia-Pacific's most AI-ready healthcare markets: Report

India has emerged as one of Asia Pacific region's most AI-ready healthcare markets, with 78 per cent of consumers using GenAI to better understand diagnoses and treatment options, according to a report by Bain & Company. Healthcare systems in Asia-Pacific are facing growing strain as rising patient expectations collide with a stretched clinical workforce, accelerating the shift toward new care models and AI-enabled support, said the report titled '2026 Asia-Pacific Front Line of Healthcare Report'. Consumers across Asia-Pacific are increasingly taking a proactive role in managing their health while expecting more convenience, responsiveness and coordination from the healthcare system, it said. As per the report, 84 per cent of consumers expect greater convenience from the healthcare system, while 71 per cent expect doctors to be more responsive through channels such as phone, WhatsApp or email. Three out of five consumers now also schedule regular checkups and screenings, compared

Updated On: 17 Jun 2026 | 2:39 PM IST

SpaceX deal with Cursor turns four MIT classmates into billionaires

SpaceX formally agreed to buy Cursor Tuesday in an all-stock deal that values the company at $60 billion

Updated On: 17 Jun 2026 | 7:50 AM IST

Howard Lutnick's letter to Anthropic warned of curbs on top AI models

The letter ordered Anthropic not to give its Fable 5 and Mythos 5 artificial intelligence models to foreign nationals anywhere in the world without a license from the Commerce Department

Updated On: 17 Jun 2026 | 7:41 AM IST

Best of BS Opinion: Why India must confront deeper economic risks

Today's opinions explore India's external vulnerabilities, the concentration of global capital in US technology, energy reforms, disclosure norms, and a nuanced portrait of Kashmir through the Chenab

Updated On: 17 Jun 2026 | 6:15 AM IST

HCL Tech's gains from Sarvam AI bet hinge on execution and scale-up

Brokerages see strategic benefits from HCL Tech's investment in Sarvam, though long-term returns will depend on the AI firm's ability to scale and execute effectively

Updated On: 16 Jun 2026 | 11:35 PM IST

Biopharma entering innovation power decade, says Bernstein report

Brokerage says India should focus on specialty medicines and incremental innovation rather than copying Big Pharma's new-drug discovery model

Updated On: 16 Jun 2026 | 11:18 PM IST

Wipro sets up facility for Claude models to accelerate enterprise AI

The new centre will focus on accelerating enterprise AI adoption, building specialised talent and developing AI-native platforms and industry solutions across sectors

Updated On: 16 Jun 2026 | 10:45 PM IST

AI strengthens, not weakens, the case for quarterly reporting of results

As AI lowers reporting costs, the SEC's proposal to allow semi-annual disclosures sparks debate over transparency, accountability and investor protection

Updated On: 16 Jun 2026 | 10:35 PM IST

Era of software, MBA advantage over; equip yourself with trade skills: CEA

India's Chief Economic Adviser urges youth to prioritise skills that remain valuable amid technological changes over traditional career paths

Updated On: 16 Jun 2026 | 4:02 PM IST

Restrictions on Anthropic underscore need for sovereign AI: Upstage CEO

US has ordered Anthropic to disable access to its most advanced AI platforms for all foreign nationals after discovering it's possible to 'jailbreak' or bypass the guardrails of new Fable 5 AI model

Updated On: 16 Jun 2026 | 11:30 AM IST

US court rejects Musk's xAI suit accusing OpenAI of stealing trade secrets

The judge said asking job candidates to discuss their prior work was routine, and one could not infer that OpenAI pushed Li to leak anything confidential

Updated On: 16 Jun 2026 | 10:03 AM IST

Microsoft sued by shareholders over expenses, Azure cloud business, AI

The proposed class action led by a Michigan pension ​fund was filed in Seattle federal court on Friday, after Microsoft shares fell 10 per cent on January 29

Updated On: 16 Jun 2026 | 9:48 AM IST

US saw risk of Anthropic AI models being used by foreign military: Lutnick

The stakes are high, with the government seeking assurances that the models cannot be used to harm the US, while Anthropic is pushing to restore access to its top-tier models

Updated On: 16 Jun 2026 | 9:41 AM IST

Cybersecurity experts urge Trump admin to lift curbs on Anthropic AI models

A group of cybersecurity executives and experts is asking the Trump administration to lift its directive preventing the use of Anthropic's latest artificial intelligence models by foreign nationals, saying the move could help US adversaries more than it hurts them. Anthropic said Friday it has taken its latest artificial intelligence models, known as Fable 5 and Mythos 5, offline to comply with the directive. The AI giant said it did not believe the steps taken by the government were warranted by the concern it flagged about a potential security issue. Anthropic has said it was limiting use of some its latest technology to select customers because of its ability to surpass human cybersecurity experts in finding and exploiting computer vulnerabilities. The San Francisco-based company has had discussions with the White House previously about the latest models' capabilities. In the letter Sunday, more than 100 cybersecurity experts and leaders from companies including Adobe and Nvidi

Updated On: 16 Jun 2026 | 7:16 AM IST

Andhra Pradesh, Google to form task force for AI and digital governance

The joint task force will explore collaboration in AI, cloud computing and digital governance as Andhra Pradesh seeks to position itself as a digital infrastructure hub

Updated On: 16 Jun 2026 | 12:41 AM IST