Page 3 - Artifical Intelligence

Fintechs embrace AI, but 84% see no financial payoff yet: PwC survey

Despite heavy AI investment, 84 per cent of fintech respondents have yet to see measurable financial results. The sector is also preparing for tighter capital and consolidation

OpenAI board member says firm not doing enough, warns of catastrophic risks

Paul Christiano, who is a technology adviser to the US government, said the AI industry is not doing enough to reduce the risks posed by AI to an acceptable level.

Anthropic says it blocked AI use linked to biological weapons research

Anthropic has disclosed five cases in which researchers used its Claude AI models for work that could support biological weapons development, including research involving viruses, toxins

From Oracle to Amazon: Tech giants drive global wave of layoffs in 2026

More than 128,000 tech jobs have been cut globally in 2026, surpassing last year's total, as companies including Oracle, Amazon, Dell and Uber restructure and boost AI spending

US senators call for AI rules after Anthropic researchers' safety warnings

OpenAI bats for safety rules OpenAI said it was pushing for mandatory national AI safety requirements in the US.

Anthropic gives EU access to Mythos months after model's release

"Following our constructive engagement with Anthropic, we can confirm that the EU's cybersecurity agency ENISA has been granted access to Mythos 5 and is testing it now," said Thomas Regnier

Mukul Agrawal portfolio stock ASM Tech zooms 49% in 6 days; here's why

ASM Technologies share price hit a new high of ₹7,248, soaring 11 per cent on the BSE in Thursday's intra-day deals, extending its past one week rally.

Finolex Cables stock on 4-day winning run; up 100% from Feb low

Finolex Cables hit a new 52-week high of ₹1,398.55, gaining 3.4% on the BSE in Thursday's intra-day deals, and has surged 15% in the past four trading days.

ESDS dream run continues; zooms 264% against issue price within a week

Share price of ESDS hit a new high of ₹1,560.35 on Thursday, zooming 264 per cent in just four trading sessions against its IPO issue price of ₹429 per share.

Google to invest $15 bn in AI infra and buy nuclear power in Finland

The Finland deal also includes a 22-year purchase agreement for up to 50% of the energy output ​of one of the country's two nuclear plants

AI-led personalisation to open opportunities for new startups: Razorpay CEO

Razorpay CEO Harshil Mathur said AI could lower personalisation costs and help startups target niches such as Gen Z payments, HNI wealth management and multilingual platforms.

India will lead in AI adoption, scale over next decade: Sarvam cofounder

Sarvam cofounder Pratyush Kumar said India has its own AI models, access to GPUs and a growing talent pool, with financial services set to drive adoption and demand.

Agentic AI, AI PCs reshaping Dell India strategy, says MD Manish Gupta

India MD Manish Gupta says enterprises are moving towards AI PCs, desk-side agentic deployments and end-to-end infrastructure as Dell scales manufacturing and AI capabilities

Anthropic researcher quits over fears of 'out of control' AI systems

The Anthropic researcher said that he does not want to participate in an industrywide rush to build AI systems that can improve themselves

Meta's Muse AI agent can book, buy, and browse for you: Here's how it works

Meta's Muse is a personal AI agent that can browse the web, book travel, send emails, make purchases and continue working on tasks in the background, while asking users to approve sensitive actions

Kuku Technologies plans 1,000 hires for AI-powered content production

The mobile-content company is building an AI-native production unit to cut costs and accelerate the creation of micro-dramas for India and global markets

India's ecommerce market looks at AI to drive next leg of growth

Executives says customer relevance, responsive supply chains are key

Hospitals to step up AI spending despite deployment hurdles: CII-PwC

While 64 per cent of healthcare leaders surveyed have piloted AI applications, only 11 per cent have moved them into production, with data quality the biggest hurdle

An AI-generated lung medicine may also 'cure' ageing, trial shows

The company says that data from the same trial shows a more intriguing possibility: that the drug could also slow the ageing process.

ER&D firms need new playbook: Nasscom Vice-Chairperson Kishor Patil

Indian ER&D companies need to focus more on products and outcome-based models as AI squeezes traditional revenue streams, says KPIT co-founder Kishor Patil