Page 3 - Artifical Intelligence

Nifty IT index up 3%; Infosys, Tech Mahindra, LTM, Persistent gain 4%

In the past four trading days, IT index outperformed the market by soaring 9 per cent, as against a 2 per cent gain in the Nifty 50.

First AI-run ransomware attack highlights emerging cyber threat landscape

Researchers at Sysdig say the first fully agentic ransomware attack shows AI can independently plan, adapt and execute cyberattacks, raising fresh concerns for enterprise cybersecurity

India's agentic AI dream for fintech needs an infrastructure relook

Use cases raise questions around permissions and security, as deployments progress beyond proof-of-concept

Yotta raises $150 mn at ₹37,000 crore valuation to fund AI expansion

Yotta has raised $150 million at a ₹37,000 crore valuation to expand its AI infrastructure, scale GPU capacity and support its pre-IPO growth plans

Mukesh Ambani among three Indians on AI for Good Global Commission

Mukesh Ambani, Lakshmi Mittal and Sunil Mittal are among the founding members of the AI for Good Global Commission, which aims to advance responsible and inclusive AI globally

Mukesh Ambani, Mittals join global AI panel led by ITU, Salesforce

The aim of the panel is to strengthen trust in the technology and accelerate its use in addressing global challenges

OpenAI proposes handing Trump administration 5% stake, say reports

OpenAI has reportedly discussed giving the US government a 5% stake as Washington weighs stricter oversight of AI and broader public participation in the sector's growth

The great data game: Why data sovereignty matters more than ever before

The contest for data has only just begun. Those who govern it will shape the future

Fallen on hard times: AI pressure is mounting on the Indian IT industry

AI-led disruption, weak client spending and the rise of GCCs are reshaping India's IT sector, weighing on earnings, hiring and stock valuations

Five firms in race to build India's new Customs Integrated System for trade

LTTS, Wipro, IBM India, TCS and Infosys are competing to build India's Customs Integrated System, a unified AI-powered platform for faster trade clearances

Unchecked AI may pose catastrophic risks, warns UN panel preliminary report

A UN expert panel warned AI is advancing faster than science and regulation, saying there is no guarantee increasingly capable systems will not cause catastrophic harm

Next trade order needs stronger developing-world voice: ICC Chair

Harsh Pati Singhania says his ICC tenure will focus on giving developing economies a stronger voice in global trade, AI governance and digital standards

US lifts curbs on Fable 5, Mythos 5, Anthropic restores access to AI models

Artificial intelligence major Anthropic has restored access to its advanced AI models, Fable 5 and Mythos 5, after the US government lifted export controls that abruptly halted access earlier this month over national security concerns. Fable 5 will become available to users globally starting July 1 across Anthropic's platforms, including Claude.ai and Claude Cowork, the company said in a blog post. On the other hand, access to Mythos 5 resumed for select US organisations following government approval on June 26. Anthropic said it is now coordinating with the US government to expand access to broader domestic and international partners under its Project Glasswing initiative. "After a series of productive conversations with the US government, we're redeploying the model (Fable 5) with a new set of classifiers to target and block more cybersecurity tasks. "We've also begun drafting a consensus framework-with Amazon, Microsoft, Google, and other Glasswing partners-for assessing the ..

India Inc's $3.4-trillion club: AI, IPL, defence emerge as new wealth creators

The latest Burgundy Private Hurun India 500 report shows that the combined valuation of the country’s top 500 most valuable private companies has crossed Rs 3.4 lakh crore.

Humanities graduate in the age of AI? Tech giants need your skills

As engineering tasks become increasingly automated, companies are prioritising emotional intelligence, ethics and adaptability over traditional engineering degrees

India is our third largest market in Asia, says Autodesk country head

Company is targeting the creator economy in smaller cities, while integrating AI into its products, says Kamolika Gupta Peres

Agentic AI may put $234 bn of SaaS spending at risk by 2030: Gartner

AI agents that complete tasks across multiple applications could upend the traditional software licensing model, forcing vendors to shift from selling user licences to delivering business outcomes

A robust platform: Mospi's latest initiative will strengthen governance

Mospi's proposed AI-powered Common Data Platform could unify official statistics, improve policymaking and lay the foundation for an India-specific statistical LLM

Nifty IT logs worst first half since 2003 as AI fears weigh on sector

The Nifty IT index fell 31 per cent in January-June 2026 as AI disruption, weak global demand and slowing growth weighed on India's information technology sector

BIS flags AI spending boom as growing threat to global financial stability

Bank for International Settlements says AI has supported global growth, but warns that opaque financing, rising debt and trillion-dollar infrastructure spending could become a systemic financial risk