Page 6 - Artifical Intelligence

Who is Kanishka Narayan? Indian-origin MP named UK's first AI minister

Kanishka Narayan had previously served as Minister for AI and Online Safety since September 2025 under former Prime Minister Keir Starmer

AI travel startup 30 Sundays raises $6.7 million in Bessemer-led round

The company, which uses conversational AI to plan and book overseas holidays, will use the funds to expand into new markets and grow its engineering team

Kimi K3's huge size keeps demand strong for AI memory and processors

Kimi K3 contains 2.8 trillion parameters, China's largest model yet, pushing the sparsity ratio - a measure of computing efficiency - to a record

Bezos backs this AI startup to discover new materials for chipmaking

CuspAI initially started out with a focus on finding new materials for carbon capture and water purification

S&P 500, Nasdaq edge higher as chips recover; megacap earnings in focus

A surge in AI capital spending by ​hyperscalers has been a major driver behind this year's market gains, lifting chip stocks and other companies seen as beneficiaries of the buildout

Data centres to drive exponential increase in server demand: Lenovo

Lenovo India expects rising data centre investments and AI infrastructure demand to double or triple the country's enterprise server market over the next few years

Decoded: What is Kimi K3, an open AI model challenging OpenAI and Anthropic

Moonshot AI says its 2.8 trillion-parameter Kimi K3 matches or outperforms leading proprietary models in several coding and software engineering benchmarks, highlighting the rise of open-weight AI

How generative AI is weakening digital trust in financial services sector

Check Point Research warns that AI-generated faces, voices and identity documents are making remote identity verification less reliable, forcing banks to rethink digital trust and KYC security

Nifty IT index up 12% in July; HCL Tech, TechM gain 20% from 52-week lows

However, despite recovery from lows, the Nifty IT index underperformed the market by falling 22 per cent, as against a 7.2 per cent decline in the Nifty 50 thus far in CY2026.

Carmakers switch lanes to bring more software engineers on board

Trend leads to more women being employed on vehicle assembly lines

AI hardware startup Aina raises $5.5 mn to build next-generation interface

The startup, founded by a former Ultrahuman executive, is developing a context-aware computing interface as AI agents reshape how people interact with smartphones and computers

Open models match closed AI, but deployment remains real hurdle: Mozilla

Mozilla says open-weight AI has nearly matched closed models in capability and costs less, but businesses still favour proprietary systems because deployment, support and governance remain harder

Explainer: What is Bonsai 27B, an AI model for phones with an Apple link

PrismML says Bonsai 27B compresses Alibaba's Qwen3.6 27B model enough to run locally on phones and laptops, highlighting how low-bit quantisation could expand on-device AI

Proprietary vs open-weight AI: Inside the battle shaping the future of AI

Proprietary and open-weight AI represent two competing approaches to building and commercialising artificial intelligence. Here's how they differ in technology, deployment, costs and business strategy

What is AI squatting? An emerging cyber threat targeting AI hallucinations

AI hallucinations are no longer merely producing wrong answers. Attackers are registering fake domains and software packages that models may recommend, creating new routes for phishing and malware

Fed's Lisa Cook says ready to act if inflation does not cool soon

Federal Reserve Governor Lisa Cook said inflation risks now outweigh labour market concerns and signalled she is prepared to act if disinflation does not resume soon

AI coding startup Emergent hits $1.5 bn valuation in Series C round

Emergent has raised $130 million at a $1.5 billion valuation as rapid global adoption of its AI-powered software development platform drives strong revenue and user growth

Speed to safety: Why tech leaders are pushing for stronger AI regulation

As frontier AI advances faster than existing safeguards, technology leaders and experts are calling for stronger rules on testing, accountability, cybersecurity and autonomous systems

Gen AI goes mainstream on smartphones, influences purchase decisions: CMR

AI is becoming central to the smartphone experience, with 71 per cent of Indian users reportedly using generative AI features and 59 per cent considering AI when buying a new device

New York to impose country's first statewide moratorium on data centres

New York will block the construction of any new large data centres for up to a year so the state can create rules to protect the environment and energy grid from the power-hungry facilities that fuel artificial intelligence technology. Gov. Kathy Hochul is set to sign an executive order on Tuesday morning imposing the country's first statewide moratorium on hyperscale data centres, which house thousands of computer servers and require massive amounts of energy and a steady supply of water to keep cool. "As data centre development threatens to hike up utility bills, deplete our natural resources, and create uncertainty for New Yorkers, it's my responsibility to take action and lead," Hochul, a Democrat, said in a statement. The order will pause state permitting for new large data centres and direct state regulators to create standards that address environmental impacts, energy demand, water usage and other factors, the governor's office said. Tech companies and other backers have ..