The draft framework requires regulated entities to establish board-approved model risk management systems covering all models, including AI and machine learning applications
The acquisition will strengthen EXL's AI capabilities, expand its presence in high-growth sectors and deepen partnerships with foundation model developers
AI investment is accelerating across industries, but enterprises are increasingly focused on measuring returns, scaling deployments, adopting agentic AI, and reshaping workforces
A supercomputer in Shenzhen was declared the world's fastest. It uses only standard microprocessors and not the special-purpose chips called graphics processing units
The suit, filed Tuesday in federal court in Washington, comes less than two weeks after Anthropic disabled access to its most advanced AI models, Fable 5 and Mythos 5
The proposed framework is expected to set guardrails for AI tools, create a regulatory sandbox and define accountability norms for companies operating in India
A sharp selloff in South Korean chipmakers fuelled concerns over the sustainability of artificial intelligence spending, dragging equity markets lower worldwide
What are Fugu and Fugu Ultra, the AI systems through which Japan's Sakana AI is betting on 'One Model To Command Them All' and claiming Mythos-level performance on some benchmarks?
While AI as a concept is here to stay, said U R Bhat, co-founder & director, Alphaniti Fintech, it is the valuation of the related companies that's worrisome.
Anthropic has disabled access to its recently launched AI models, Fable 5 and Mythos 5, after a US government export-control directive requiring it to block access for all foreign nationals
PPFAS Mutual Fund's $14.9 billion Flexi Cap Fund has added exposure to IT services companies over the past three months to May as valuations cooled sharply
Naukri parent has invested more than Rs 1,000 crore across over 50 AI and deep-tech startups since 2020, with its overall startup portfolio now valued at Rs 41,300 crore
