Artificial Intelligence

A little-known Indian stock's 530% rally reveals hidden AI winners

Leading the AI rally is Sterlite Technologies, up over 530% this year after securing a $1.1 bn US hyperscaler contract; Peers HFCL and MTAR Technologies have gained 191% and over 200%, respectively

Updated On: 05 Jun 2026 | 8:25 AM IST

Best of BS Opinion: Credit, AI risks in BFSI, and Bengal's transition

From challenges in retail credit access and the fallout of Donald Trump's tariff policies to banking cybersecurity, regional connectivity and Indonesia's cultural landscape, today's opinions offer wid

Updated On: 05 Jun 2026 | 6:15 AM IST

SC releases draft rules for use of AI in courts, allows use with disclosure

The proposed framework allows AI-assisted legal work and court administration but bars the technology from influencing judicial decisions, bail determinations and sentencing

Updated On: 04 Jun 2026 | 11:26 PM IST

Why AI companies need consumers to pay for service, but may not get them to

AI firms are betting users will pay monthly for advanced models, but subscription fatigue and bundled ecosystems may reshape how artificial intelligence is monetised

Updated On: 04 Jun 2026 | 2:56 PM IST

Govt to use AI for machine-readable standards to cut compliance costs

The Consumer Affairs Ministry is planning to develop machine-readable, SMART standards using artificial intelligence tools to reduce compliance burden on industry, a senior official said on Thursday. Machine-readable standards translate regulatory requirements into structured digital rules that computer systems can process directly, enabling automatic compliance verification without manual intervention. SMART (Standard Machine Accessible, Readable and Transferable) formats go a step further by being dynamic, constantly updated and integrated into software and manufacturing lifecycles. Addressing a FICCI-organised event here, Consumer Affairs Secretary Nidhi Khare said the department was looking at ways to leverage emerging technologies, particularly AI, to modernise the country's standards ecosystem. "We also understand that the emerging technologies which are coming up in a big way, especially the AI, it may be creating a lot of disruption, and it could be creating more challenges

Updated On: 04 Jun 2026 | 2:48 PM IST

Brick by brick: Build your real estate careers

In this session, Khalid Masood, Managing Director, Shalimar Corp, talks about India's real estate sector and provides career tips to B-Schoolers.

Updated On: 04 Jun 2026 | 11:22 AM IST
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Sam Altman rules out donations in 2026 US elections, backs funding reform

OpenAI's top competitor Anthropic PBC has given $20 million to a rival super PAC, Public First Action, which advocates for tougher AI safety regulations

Updated On: 04 Jun 2026 | 8:22 AM IST

Demand for forward deployed engineers surges as companies adopt AI

Demand for forward deployed engineers is soaring as enterprises and AI firms seek specialists who can bridge business needs and accelerate AI adoption

Updated On: 04 Jun 2026 | 12:12 AM IST

IT stocks plunge on renewed AI fears after biggest rally in a year

The Nifty IT index slumped 5.6 per cent, its steepest fall in four months, as concerns over AI-driven revenue deflation weighed on investor sentiment

Updated On: 04 Jun 2026 | 12:07 AM IST

Banking resilience now hinges on adapting to new risks: DG Swaminathan

The RBI deputy governor said banks must prepare for emerging risks ranging from cyber threats and AI to geopolitical shocks and climate-related disruptions

Updated On: 03 Jun 2026 | 10:54 PM IST

Martin Scorsese embraces AI, teams up with company Black Forest Labs

Legendary filmmaker Martin Scorsese has become one of Hollywood's most prominent directors to openly embrace AI as a creative tool by joining artificial intelligence company Black Forest Labs as an adviser. The Oscar-winning director, who has made classics such as "Taxi Driver", "Raging Bull", "Goodfellas", "Cape Fear", "The Aviator", "Shutter Island" and many more, said he has been using the company's FLUX generative AI model to create storyboards for an upcoming film. Scorsese, 83, described his experience of using the AI as "creatively freeing." "For 70 years, I've been creating my own storyboards. There's always been this problem of how do you communicate what you see in your head to your cast and crew," Scorsese said in a statement. "I recently tested this out on a scene and the ability to visualize and immediately share the storyboard was creatively freeing. During the pre-production process, time costs money, and this allowed us to move faster without sacrificing quality or

Updated On: 03 Jun 2026 | 10:32 PM IST

Nvidia CEO highlight role of connectivity in powering next-gen AI infra

Nvidia CEO Jensen Huang has highlighted the growing importance of connectivity in powering next-generation artificial intelligence infrastructure as he joined Marvell chief Matt Murphy on stage at Computex 2026 and described the semiconductor company as a potential "trillion-dollar company". "The next trillion-dollar company, ladies and gentlemen," said Jensen Huang, as soon as he arrived on the stage, drawing applause from the audience on Tuesday. Marvell stocks soared over 30 per cent after the Nvidia chief's announcement, according to various media reports. Earlier this year, Nvidia announced USD 2 billion investment in Marvell Technology to deepen their strategic partnership. Huang on Tuesday highlighted the importance of connectivity in enabling AI infrastructure, with Marvell's technology playing a crucial role in scaling and interconnecting data centres. "Useful AI has arrived. It's the reason why your demand is going through the roof. It's the reason why my demand is going

Updated On: 03 Jun 2026 | 2:36 PM IST

AI agents set to become centre of users' digital lives: Qualcomm CEO

Qualcomm has outlined its vision for an AI-driven future where autonomous AI agents will perform tasks independently across devices and eventually become the centre of users' digital lives, reducing the pivotal role currently played by smartphones. Addressing Computex 2026 in Taipei on Monday, Qualcomm President and CEO Cristiano R Amon said 2026 would be "the year of agents" as artificial intelligence evolves beyond responding to prompts and starts taking actions on behalf of users. Qualcomm, which has a significant presence in India and has one of its largest employee bases outside the US in the country, is betting big on Agentic AI. It also operates major research, software and hardware design centres in Bengaluru, Hyderabad and Chennai. "2026 is the year of agents and it's now how AI is really evolving," Amon said in his keynote address at the global technology event organised by the Taiwan External Trade Development Council. Amon said AI is evolving from being a tool that ass

Updated On: 03 Jun 2026 | 1:37 PM IST

Windows to AI models and Solara: Everything Microsoft announced at Build

At Build 2026, Microsoft outlined a shift across Windows, AI models, hardware and quantum computing, positioning AI agents and on-device intelligence at the centre of its future roadmap

Updated On: 03 Jun 2026 | 1:01 PM IST

ChatGPT becomes fastest app to cross 1 billion monthly active users

The record comes amid growing competition between Anthropic and OpenAI for dominance in the rapidly expanding artificial intelligence market

Updated On: 03 Jun 2026 | 12:23 PM IST

Japan's Nikkei tops 68,000 for first time on AI-driven chip stock surge

Japan's Nikkei 225 index topped 68,000 for the first time on Wednesday after US stocks pushed further into record territory. The dollar briefly surpassed 160 Japanese yen before slipping back slightly. Oil prices rose more than USD 1 a barrel. Buying of technology shares linked to the boom in artificial intelligence has been driving rallies worldwide. By midafternoon, the Nikkei 225 was up 2.9% at 68,634.74. Shares in computer chip equipment maker Tokyo Electron gained 13.4%, while those for chip testing equipment maker Advantest gained 5.9%. In Hong Kong, the Hang Seng lost 1.7% to 25,596.92, while the Shanghai Composite index added 0.4% to 4,092.53. Australia's S&P/ASX 200 advanced 0.9% to 8,806.40 and Taiwan's Taiex gained 2%. In India, the Sensex lost 1.1%. Markets in South Korea were closed for a holiday. On Tuesday, winners of the artificial-intelligence boom kept driving higher, pushing US stocks to more records. "One thing that stands out in today's market is how littl

Updated On: 03 Jun 2026 | 12:00 PM IST

Japanese toilet maker Toto ramps up its ceramics for AI chipmakers

Shares of Toto jumped as much as 11% in Tokyo on Wednesday, the biggest intraday jump in over a month

Updated On: 03 Jun 2026 | 11:54 AM IST

JioStar bets big on AI-generated shows after success of Mahabharat

JioStar, a joint venture between Reliance Industries Ltd. and Walt Disney Co., is planning a slate of series that would be written, animated, voiced and edited entirely by artificial intelligence

Updated On: 03 Jun 2026 | 9:41 AM IST

India's high-stakes push for sovereign AI faces funding, infra hurdles

India's ambition to build and export a sovereign AI template across the world is colliding with various structural constraints

Updated On: 03 Jun 2026 | 9:14 AM IST

Microsoft launches 'Scout' AI assistant that works like executive assistant

While AI bots like ChatGPT or Copilot are only visible to the user, the new tool, dubbed Scout, will appear on internal email and calendar systems as if it were just another helpful employee

Updated On: 03 Jun 2026 | 8:09 AM IST