Page 36 - Artificial Intelligence

IT stocks plunge on renewed AI fears after biggest rally in a year

The Nifty IT index slumped 5.6 per cent, its steepest fall in four months, as concerns over AI-driven revenue deflation weighed on investor sentiment

Banking resilience now hinges on adapting to new risks: DG Swaminathan

The RBI deputy governor said banks must prepare for emerging risks ranging from cyber threats and AI to geopolitical shocks and climate-related disruptions

Martin Scorsese embraces AI, teams up with company Black Forest Labs

Legendary filmmaker Martin Scorsese has become one of Hollywood's most prominent directors to openly embrace AI as a creative tool by joining artificial intelligence company Black Forest Labs as an adviser. The Oscar-winning director, who has made classics such as "Taxi Driver", "Raging Bull", "Goodfellas", "Cape Fear", "The Aviator", "Shutter Island" and many more, said he has been using the company's FLUX generative AI model to create storyboards for an upcoming film. Scorsese, 83, described his experience of using the AI as "creatively freeing." "For 70 years, I've been creating my own storyboards. There's always been this problem of how do you communicate what you see in your head to your cast and crew," Scorsese said in a statement. "I recently tested this out on a scene and the ability to visualize and immediately share the storyboard was creatively freeing. During the pre-production process, time costs money, and this allowed us to move faster without sacrificing quality or

Nvidia CEO highlight role of connectivity in powering next-gen AI infra

Nvidia CEO Jensen Huang has highlighted the growing importance of connectivity in powering next-generation artificial intelligence infrastructure as he joined Marvell chief Matt Murphy on stage at Computex 2026 and described the semiconductor company as a potential "trillion-dollar company". "The next trillion-dollar company, ladies and gentlemen," said Jensen Huang, as soon as he arrived on the stage, drawing applause from the audience on Tuesday. Marvell stocks soared over 30 per cent after the Nvidia chief's announcement, according to various media reports. Earlier this year, Nvidia announced USD 2 billion investment in Marvell Technology to deepen their strategic partnership. Huang on Tuesday highlighted the importance of connectivity in enabling AI infrastructure, with Marvell's technology playing a crucial role in scaling and interconnecting data centres. "Useful AI has arrived. It's the reason why your demand is going through the roof. It's the reason why my demand is going

AI agents set to become centre of users' digital lives: Qualcomm CEO

Qualcomm has outlined its vision for an AI-driven future where autonomous AI agents will perform tasks independently across devices and eventually become the centre of users' digital lives, reducing the pivotal role currently played by smartphones. Addressing Computex 2026 in Taipei on Monday, Qualcomm President and CEO Cristiano R Amon said 2026 would be "the year of agents" as artificial intelligence evolves beyond responding to prompts and starts taking actions on behalf of users. Qualcomm, which has a significant presence in India and has one of its largest employee bases outside the US in the country, is betting big on Agentic AI. It also operates major research, software and hardware design centres in Bengaluru, Hyderabad and Chennai. "2026 is the year of agents and it's now how AI is really evolving," Amon said in his keynote address at the global technology event organised by the Taiwan External Trade Development Council. Amon said AI is evolving from being a tool that ass

Windows to AI models and Solara: Everything Microsoft announced at Build

At Build 2026, Microsoft outlined a shift across Windows, AI models, hardware and quantum computing, positioning AI agents and on-device intelligence at the centre of its future roadmap

ChatGPT becomes fastest app to cross 1 billion monthly active users

The record comes amid growing competition between Anthropic and OpenAI for dominance in the rapidly expanding artificial intelligence market

Japan's Nikkei tops 68,000 for first time on AI-driven chip stock surge

Japan's Nikkei 225 index topped 68,000 for the first time on Wednesday after US stocks pushed further into record territory. The dollar briefly surpassed 160 Japanese yen before slipping back slightly. Oil prices rose more than USD 1 a barrel. Buying of technology shares linked to the boom in artificial intelligence has been driving rallies worldwide. By midafternoon, the Nikkei 225 was up 2.9% at 68,634.74. Shares in computer chip equipment maker Tokyo Electron gained 13.4%, while those for chip testing equipment maker Advantest gained 5.9%. In Hong Kong, the Hang Seng lost 1.7% to 25,596.92, while the Shanghai Composite index added 0.4% to 4,092.53. Australia's S&P/ASX 200 advanced 0.9% to 8,806.40 and Taiwan's Taiex gained 2%. In India, the Sensex lost 1.1%. Markets in South Korea were closed for a holiday. On Tuesday, winners of the artificial-intelligence boom kept driving higher, pushing US stocks to more records. "One thing that stands out in today's market is how littl

Japanese toilet maker Toto ramps up its ceramics for AI chipmakers

Shares of Toto jumped as much as 11% in Tokyo on Wednesday, the biggest intraday jump in over a month

JioStar bets big on AI-generated shows after success of Mahabharat

JioStar, a joint venture between Reliance Industries Ltd. and Walt Disney Co., is planning a slate of series that would be written, animated, voiced and edited entirely by artificial intelligence

India's high-stakes push for sovereign AI faces funding, infra hurdles

India's ambition to build and export a sovereign AI template across the world is colliding with various structural constraints

Microsoft launches 'Scout' AI assistant that works like executive assistant

While AI bots like ChatGPT or Copilot are only visible to the user, the new tool, dubbed Scout, will appear on internal email and calendar systems as if it were just another helpful employee

Asia faces rate-hike pressure as energy shock, AI boom fuel inflation

Asia is particularly vulnerable because it sits at the center of global manufacturing and technology supply chains while remaining heavily reliant on imported energy

Trump orders US agencies to partner with AI firms on cyber defence

Tuesday's order emphasises voluntary participation by developers despite earlier deliberations about mandating government approval of new AI systems

IIT Guwahati develops semiconductor for solar cell, neuromorphic computing

The perovskite-based platform combines high-efficiency solar energy conversion with advanced memory functions needed for AI and neuromorphic computing applications

Rich Insights on the digital shift | From Wipro’s tech expert

In this session, Gaurav Gupta, Program Manager, Wipro shared his insights on digital transformation. Note: The opinions are those of the speaker and do not represent the employer or any companies.

Workers should be paid 'as much as possible', says Nvidia CEO Jensen Huang

From South Korea to Taiwan, the prime beneficiaries of the global artificial intelligence rollout are coming under growing pressure to share more of their profits

Chinese labs with links to military seek access to Nvidia's AI chips

Two of the institutions that have expressed interest in the H200 chips- Beihang University and Northwestern Polytechnical University- rank among China's 'Seven Sons of National Defence'

Black Box and AIONOS collaborate to accelerate enterprise AI adoption

Black Box and AIONOS partner to accelerate enterprise AI transformation by combining digital infrastructure with AI platforms for global-scale deployment