Page 9 - Artifical Intelligence

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

Experts explain why enterprise AI projects struggle to move beyond pilots

As enterprises race to adopt AI, many projects remain stuck at the pilot stage. Speaking to Business Standard, industry experts explain the barriers preventing AI from scaling across organisations

Beyond Sarvam: Where India's AI opportunity lies beyond language models

Sarvam's success shows that India can build foundational AI infrastructure. The bigger opportunity may lie in domain-specific AI built for Indian realities and emerging markets

Sovereign AI's next challenge: Can India balance innovation and trust?

As India pushes to build sovereign AI, governance may become its biggest challenge. With deepfakes, accountability and public-sector use rising, policymakers must balance innovation with trust

Exl sees iMerit as gateway to foundation model training: Rohit Kapoor

EXL says its $310-million iMerit acquisition will strengthen foundation model training capabilities as enterprises increasingly adopt AI-driven business operations

AI's hidden footprint: Ambitions must be matched by resource planning

The challenge is that many of the states attracting these investments are already grappling with water stress and rising electricity demand

Indian banks may face an AI compliance bill: Who will bear the cost?

RBI's proposed AI risk framework could raise compliance costs across banks, NBFCs and fintechs, creating new demands for audits, oversight and governance

Ford rehired veteran engineers after AI fell short on quality: Report

The automaker brought back experienced engineers after finding that AI alone could not deliver the expected improvements in vehicle quality, according to a Bloomberg report

Prompt injection to deepfakes: How AI rewrites rules of enterprise security

From AI agents and deepfakes to prompt injection, cybersecurity teams are confronting risks that traditional defences were not designed to handle

Lytmus AI raises ₹5 crore in pre-seed round led by Boundless Ventures

The ed-tech startup will use the fresh capital to strengthen its AI capabilities, expand its NEET-focused platform and build personalised AI mentors for students

AI cybersecurity firm Kratikal Tech to launch ₹39.7 crore IPO on June 30

AI-driven cybersecurity firm Kratikal Tech Ltd will launch the Rs 39.7-crore initial public offering (IPO) for public subscription on June 30. The three-day issue, which will close on July 2, is entirely a fresh issue of up to 29.4 lakh equity shares. The anchor portion will open for a day on June 29, the company said in a statement. The company has fixed a price band at Rs 128-135 per share. Its shares will be listed on the BSE SME with a tentative listing date fixed as July 7, it added. The IPO proceeds will be used for investments in its subsidiaries - Threatcop FZ LLC, UAE, and Threatcop AI Inc, USA - towards sales and marketing activities and workforce expansion, besides funding product development and meeting general corporate requirements. "The proceeds from the issue will enable us to accelerate our global expansion, strengthen our product portfolio, invest in innovation, and further enhance our sales, marketing, and talent capabilities across key markets," Pavan Kumar, ...

Tech services to remain relevant in AI era: Nasscom US CEO Forum

Nasscom says AI will transform-not replace-Indian IT services, with enterprise AI adoption expected to create a $300-400 billion global opportunity by 2030