Artificial Intelligence

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

India must use AI to move GCCs up value chain, says 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 | 1:31 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

India becomes world's largest retail GCC hub with 180 centres: Report

Retail GCCs in India now employ over 0.27 million professionals, with hiring increasingly shifting towards AI, engineering and supply chain roles, a report said

Updated On: 08 Jul 2026 | 6:12 PM IST

Google picks 20 Indian AI startups for 2026 accelerator programme

Google has selected 20 Indian AI startups for its 2026 accelerator programme, offering access to its AI stack, technical mentorship and support for scaling globally

Updated On: 08 Jul 2026 | 5:42 PM IST

Amazon's new bonds sale draws muted demand as AI debt floods market

Order book settled at about 1.6 times the deal size, below this year's average for US investment-grade bonds, as AI-related debt issuance continues to surge

Updated On: 08 Jul 2026 | 9:05 AM IST

India calls for inclusive, responsible AI governance at UN Global Dialogue

Minister of State for External Affairs and Environment, Forest & Climate Change Kirti Vardhan Singh on Tuesday called for responsible, secure and inclusive global governance of Artificial Intelligence (AI) while addressing the United Nations Global Dialogue on AI Governance in Geneva.Addressing the gathering, Singh said, "India firmly believes that responsible AI governance must rest on strong foundational principles: preserving human oversight, upholding human rights, and preventing its misuse."He said these principles, reflected in the recent India AI Impact Summit, are essential to ensuring that AI systems operate across borders in an ethical, secure and beneficial manner.Highlighting India's approach to AI, Singh said, "Our National Strategy for AI and National AI Governance Guidelines embody the philosophy of 'AI for All'--inclusive growth for everyone without stifling innovation."He, however, stressed that developing countries need greater support to participate ...

Updated On: 08 Jul 2026 | 7:45 AM IST

Samsung posts 19-fold jump in profit, but AI demand concerns hit shares

Samsung shares nevertheless dropped as ​much as 7.9% in morning trade, while rival SK Hynix's shares ​fell as much as 7.3%, dragging the benchmark KOSPI down 6%

Updated On: 07 Jul 2026 | 9:37 PM IST

Beijing weighs curbs on overseas access to China's advanced AI models

Companies that attended the meetings included Alibaba, ByteDance and startup Z.ai, the sources said. They were not authorised to speak to the media and requested anonymity

Updated On: 07 Jul 2026 | 9:22 PM IST

Fractal selected as preferred services partner in Claude Partner Network

Fractal Analytics has joined Anthropic's Claude Partner Network as a Preferred Services Partner, expanding its ability to deliver enterprise AI solutions across industries

Updated On: 07 Jul 2026 | 7:47 PM IST

Inside Claude: Anthropic finds AI uses a human-like reasoning workspace

Anthropic study finds Claude uses an internal reasoning workspace before generating responses, while stressing the findings do not suggest the AI is conscious

Updated On: 07 Jul 2026 | 3:32 PM IST

Physical AI startup Mowito raises $3 million in pre-seed funding round

Funding led by Version One Ventures will help the Bengaluru and Detroit-based startup expand in the US and scale AI foundation models for industrial robot arms

Updated On: 07 Jul 2026 | 2:38 PM IST

Blurgs AI, an IIT-Madras alumni deep tech startup, raises $2.2 mn

Funding led by Pravega Ventures and Shastra VC will support global expansion, strengthen AI capabilities and accelerate product development across defence and commercial maritime markets

Updated On: 07 Jul 2026 | 11:42 AM IST

India can emerge as a 'connector economy', says Anand Mahindra

Anand Mahindra says India is well placed to bridge geopolitical blocs, while Group CEO Anish Shah says artificial intelligence will power the conglomerate's next phase of growth

Updated On: 06 Jul 2026 | 10:49 PM IST

Enhance monitoring: Social media needs stronger safeguards to protect kids

MeitY's action against Meta over CSAM ads highlights the need for stronger AI oversight, platform accountability and stricter safeguards for online child safety

Updated On: 06 Jul 2026 | 10:16 PM IST