Page 13 - Artificial Intelligence

AI is changing banking: Here's why RBI wants banks to be careful | Mythos AI | Cybersecurity

Why has the RBI asked banks to prepare for AI-powered cyber threats? The regulator has warned banks to assess risks linked to advanced frontier AI models and strengthen their cybersecurity systems.

“Control AI now”: Why is Anthropic CEO worried?

Should advanced AI be regulated like airplanes and medicines? Anthropic CEO Dario Amodei thinks so. He argues that the world’s most powerful AI systems should undergo independent safety testing

US AI restrictions underscore risks of dependence: Canadian PM Carney

Canadian Prime Minister Mark Carney said Sunday US restrictions on Anthropic's newest AI models show the dangers of overreliance on a limited number of American providers. AI giant Anthropic said Friday it has taken its latest artificial intelligence models, known as Fable 5 and Mythos 5, offline to comply with a directive from the Trump administration to prevent their use by foreign nationals. The export controls mark the US government's most significant step to date to restrict access to the most advanced AI models. Anthropic released Fable widely this week. That model is a limited version of the even more advanced Mythos, to which the company has tightly limited access due to cybersecurity fears. "The situation we're in collectively right now with Mthos and Fable is something that can happen with overreliance on certain models" Carney said. "Nobody has done anything wrong in the situation. But we will have done something wrong if we just accept this, don't take the lesson, don't

Best of BS Opinion: When access becomes power

From AI access and workforce disruption to economic reform and market opportunities, this edition explores how nations and industries navigate narrowing gateways

Fintechs get boost from global AI firms as payment processing demand rises

Growing demand for AI services in India is creating a fast-expanding cross-border payments opportunity for domestic fintech companies

The upskilling imperative: TCS' plan on AI agents must spur a new approach

IT majors, including TCS, recently experienced erosion in stock-market valuation mainly due to investor anxiety over AI threats as well as geopolitical factors

New Army chief expected to continue multi-domain capability drive

Lieutenant General Seth will assume office on the afternoon of June 30, 2026, when the incumbent, General Upendra Dwivedi, retires from service

AI rally showing first signs of fatigue since 2025: Elara Capital report

Investors are reducing exposure to AI-linked infrastructure and supply-chain plays, although confidence in core beneficiaries of the technology remains intact, according to Elara Capital

Soft skills make a comeback among employers as AI makes lookalike resumes

The surge in AI-written resumes is making it harder for employers to shortlist candidates based on CVs alone, prompting greater focus on behaviour, values and communication skills

Anthropic halts foreign access to advanced AI models on US govt's directive

The net effect of this order is that we must abruptly disable Fable 5 and Mythos 5 for all our customers to ensure compliance; access to all other Anthropic models will not be affected, Anthropic said

Meta made 'mistakes' in AI workforce shift, says CEO Mark Zuckerberg

Zuckerberg is pumping hundreds of billions of dollars into AI as he seeks to reshape his company's inner workings around technology, reflecting a broader pattern ‌among major US companies this year

OpenAI under investigation by coalition of US state attorneys general

OpenAI also has been sued by individuals claiming a range of harms from the company's chatbot on children and adults alike, including accusations it has led to deaths by suicide

Best of BS Opinion: Why PM Modi must leave the past behind and look ahead

From China's bid to expand the renminbi's global role to India's data centre boom, Narendra Modi's next challenges and Pope Leo XIV's views on AI, here's the best of BS Opinion

AI's promise must not come at the cost of human dignity

Whether you agree with the Pope's interpretation depends in part on your answers to foundational questions about what it means to be human and the nature of consciousness

Agri-tech startups must move beyond basic problem-solving: NITI official

NITI Aayog's Himanshu Joshi said Indian agri- and water-tech startups should adopt technologies for new markets and move beyond basic problem-solving to tackle regulatory challenges

IndiaAI Mission-backed startup Avataar launches indigenous video AI model

The IndiaAI Mission-backed startup said Varya can generate video at a fraction of the cost of global models while better capturing Indian contexts and cultural diversity

IG Defence plans ₹10,000 crore deep-tech systems pipeline by FY30

The defence technology firm plans to expand its footprint in autonomous strike systems, AI-enabled warfare solutions and drone manufacturing as military demand rises

Equal AI raises $30 mn to expand AI-powered assistant platform in India

The Series B round, co-led by Prosus Ventures and Tomales Bay Capital, will support the expansion of Equal AI's voice-based assistant and lifestyle services

AI will not make GBS firms obsolete, but more important: BCG report

Global Business Services will evolve from service-delivery centres into enterprise AI orchestration hubs, the report said

Don't know if Claude AI used in strike at Iran school: Anthropic CEO

Dario Amodei said the use case in this instance didn't violate the company's policies, arguing military decision makers make terrible mistakes even at the best of times