Software services exports now account for 5.2 per cent of GDP, up from 3.3 per cent before the pandemic, while business services have more than doubled their share to 3.3 per cent
The Indian rupee may need to weaken further to align with shifting trade fundamentals and relatively weaker productivity gains from AI, according to an Axis Bank assessment
What began as an AI evaluation effort has grown into an independent research organisation examining how advanced models behave and what risks their capabilities could pose
The cases include models hiding mistakes, fabricating data and moving files online without permission as OpenAI says AI safety and monitoring remain unresolved
The results of a simulation called Emergence World 2, purport to show what happens when autonomous agents are confronted with black swan events, including phishing attacks and misinformation campaigns
A policy framework is needed to prevent India from becoming dependent on others and to retain some control over AI
Jack Clark has said that major AI labs already have mechanisms to shut down their systems, but adds that governments may need to mandate independently verifiable safeguards as safety concerns grow
Bill Gates warned governments are lagging behind the rapid changes AI could bring, while his foundation plans to spend at least $1 billion to expand access to AI
China's Ministry of Foreign Affairs on Monday hit back at a call from the head of Anthropic for the US to curb China's artificial intelligence capabilities, which he issued as he argued for a global slowdown on AI development. US President Donald Trump and Chinese leader Xi Jinping are expected to discuss AI governance, among other topics, at a meeting planned on September 24. Anthropic CEO Dario Amodei in a lengthy essay published on Saturday warned that a "Chinese lead in AI would pose grave danger for the United States and the world." He called for continuing restrictions on sales of cutting-edge AI chips and chipmaking equipment to China in order to keep the US' AI edge. China's Ministry of Foreign Affairs responded to a question about Amodei's essay by saying that all parties should work together on AI. "Fearmongering, confrontation and vicious competition will only disrupt the process of global AI governance which serves no one's interest," spokesperson Guo Jiakun said at a .
The AI company's revenue jumped 14-fold to $11.5 billion in Q2, while annualised revenue reached $65 billion in July as CEO Dario Amodei urged the industry to slow AI development
The ongoing transition to an AI-driven world is irreversible, but regulation and cost of usage will ultimately determine just how rapidly and deeply it permeates businesses and everyday life, TeamLease EdTech Founder and CEO Shantanu Rooj has said. As infusion of AI becomes mainstream, merely possessing AI skills will cease to be a differentiator, and domain expertise, understanding of markets and consumers, and the ability to deploy the frontier technology to generate business advantages will gain an edge, he said. "...people with domain skills, analytical skills and transformation professionals who can look at workflows, industries, inefficiencies, use AI to improve revenues, reduce cost or improve engagement will possibly gain a lot of favour," Rooj told PTI. He likened AI-led disruption to "climate change" and said it should not be construed as "a passing shower". "Whatever is happening all around us because of AI, to my mind, is not a passing shower, it's (akin to) climate ...
China's state security minister Chen Yixin has warned that hostile use of AI could endanger political, institutional and ideological security and expose vulnerabilities in critical systems
The Claude chatbot maker is seeking to raise as much as or more than SpaceX in an IPO that could take place as soon as October
Experts say all the concerns of doomsday can only be addressed if the frontier model companies stay invested in what they say
Calls by AI leaders to slow advanced model development could pressure chip and tech stocks initially, but strong demand for computing infrastructure may limit the impact
Joe Benton has left Anthropic's safety team to work on independent AI evaluations, warning that frontier companies need greater transparency and oversight as they race towards highly capable systems
The fintech has begun rolling out its consumer agents and plans to cover all of its customer base in the next two months, Chief Executive Officer Prakash Sikaria said
Trump rejected concerns that AI could threaten humanity, saying his priority is keeping the US ahead of China in the race to develop the technology
Altman told employees that OpenAI could potentially pace its AI development - perhaps in conjunction with several other AI labs
The technology is far from the only existential risk our species faces. But weighing such cosmic fears can become a mind-bending exercise