Page 41 - Artificial Intelligence

Fractal Analytics Q4 result: Profit doubles to ₹116 cr, revenue rises 17%

AI company Fractal Analytics on Tuesday said its consolidated profit after tax has doubled to Rs 116 crore in the fourth quarter ended March 31, 2026, driven by growth in the healthcare and life sciences segment. The company had posted profit after tax (PAT) of Rs 55.5 crore in the same period a year ago, Fractal Analytics said. "Growth was spearheaded by the Healthcare and Life Sciences (HLS) segment, which grew 82 per cent YoY in Q4 and 66 per cent for the full year. The Banking, Financial Services, and Insurance (BFSI) segment followed with 32 per cent full-year growth," Fractal Analytics, Group CEO, Srikanth Velamakanni said. The consolidated revenue from operations of Fractal Analytics grew by 17 per cent to Rs 886 crore during the reported quarter, from Rs 757.5 crore in the March 2025 quarter. "We were selected as a strategic execution partner by a top five US life sciences company to deliver two flagship AI companions across commercial pharma marketing and field excellence,

Gathered proof of Altman's dishonesty for a year: Ex-OpenAI exec Sutskever

The testimony comes in 3rd week of a trial that could determine the future of OpenAI, which has been raising billions of dollars from investors to build its computing power ahead of potential IPO

AI-driven layoffs? Cloudflare cuts 1,100 jobs: Know why

Cloudflare is set to cut more than 1,100 jobs globally, reducing about 20 per cent of the workforce, as it restructures operations around adopting artificial intelligence tools.

Adani calls for India to build, power, and own AI infra on home soil

Billionaire Gautam Adani said on Monday that energy security and digital infrastructure would define geopolitical power in the coming decades, as he called on India to build sovereign capabilities across the artificial intelligence value chain. Addressing the Confederation of Indian Industry's (CII) Annual Business Summit 2026, the chairman of the Adani Group said the assumptions underpinning decades of globalisation were being dismantled amid rising geopolitical fragmentation. "The world that is emerging is not flat. It is fractured and contested," Adani said. "Semiconductors have become instruments of statecraft. Data is being treated as a national resource. Clouds are being weaponised. And Artificial Intelligence is being built behind the protective walls of data centres." Referring to recent geopolitical conflicts and attacks on infrastructure, Adani said "energy security and digital security are now the twin pillars of national power." "The country that controls its energy wil

OpenAI to alert 'Trusted Contact' if it detects potential self-harm risk

OpenAI has introduced a 'Trusted Contact' feature in ChatGPT that can alert a chosen person if conversations suggest serious self-harm or emotional distress

Our 'screenified' future: How screens turned people into performers online

The book is at its strongest when Garber gets hyperspecific, forcing the reader to wrestle with the fact that the far-reaching power of the screen has touched all parts of life

Flipkart deploys AI tools to scale small-town sellers across India

Walmart-owned Flipkart is using AI-powered dashboards and regional-language support to help Tier 2 and 3 sellers expand nationally ahead of a planned IPO

US official urges India-US tech cooperation avoiding adversarial dependence

India and the US must be guided by the principles of openness and avoid any dependencies on adversarial nations to fully realise the potential of areas such as artificial intelligence, a senior US official said here on Friday. Addressing the US-India AI and Emerging Technology Forum, US Deputy Assistant Secretary of State Bethany Morrison said the US wants to make sure that countries in the region have access to world-class technology and get that integrated into society to deliver the best value and results for their people. "But in order to fully realise the benefits of this incredible technology, we must be guided by the principles of openness, as well as focus on our security and our interoperability, and avoid any dependencies on adversarial nations," Morrison said at the event organised by the US-India Strategic Partnership Forum, ORF America and the Motwani Jadeja Foundation. She said the private sector has already invested more than USD 300 billion in the development of AI .

Rajnath Singh asks armed forces to preserve 'element of surprise'

Defence Minister Rajnath Singh urged the armed forces to strengthen AI, cyber, and autonomous capabilities while maintaining strategic unpredictability

All about Pathfinder, India’s first orbital data centre being built by Pixxel and Sarvam

India is set to build its first orbital data centre satellite, with Pixxel and Sarvam announcing the ‘Pathfinder’ mission that will process data directly in space.

Cars24 posts first-ever quarterly profit on strong growth in core business

SoftBank-backed auto-tech firm posts ₹20 crore adjusted EBITDA profit in Q4 as lending, retail sales and ownership services expand

Why Musk's $60 billion Cursor bet is really about AI's 'last mile'

SpaceX has secured an option to acquire AI coding startup Anysphere for $60 billion, placing Elon Musk in the race to control how AI-powered software is built

Practo crosses $100 million GMV in the US as AI push gains pace

Health-tech platform expands investment in AI-driven healthcare systems that support patient and provider decision-making while growing its engineering team

AI disruption, West Asia war top concerns for India Inc in Q4: ICICI Sec

ICICI Securities said that AI-led disruption in IT services and inflationary pressures from the West Asia war have emerged as key risks for India Inc during Q4FY26 results season

India has opportunity to shape AI-native govt: ServiceNow vice chairman

Leading AI platform for business transformation ServiceNow Vice Chairman Nick Tzitzon said there's an opportunity to shape AI-native government in India as it aims to enhance the quality of life while reducing costs and strengthening data privacy. An AI-native government is a model of governance where artificial intelligence is an intrinsic, trusted component, built naturally into all public services and administrative processes. "An AI-native government will protect the identity of its citizens, and ultimately help the people who serve them to get a better outcome for the quality of life at a lower cost to deliver the services," Tzitzon told PTI on the sidelines of the Knowledge 2026 AI conference, underway in Las Vegas. Asked how ServiceNow will drive AI use in India's public sector, Tzitzon spoke of the need to maximize the quality of the services to the public in a way that minimizes the need to consistently raise tax revenue. "If you were going to sit with me next year or two

Best of BS Opinion: Credit guarantee scheme will help small businesses

Today's opinion wrap explores the economic fallout of the West Asia conflict, digital governance reforms, telecom disaster preparedness and the growing role of AI in policymaking

NSE developing in-house GenAI tools for compliance, operational efficiency

NSE is developing in-house generative AI tools for compliance, customer support and operational efficiency as it strengthens technology infrastructure and resilience

Reimagining Government: Handy AI guide for govt, but falls short on detail

While the book is written obviously for policymakers in the United States, it can actually pretty well be used by most governments in both developed nations and fast-developing nations like India

Why AI data centre boom is leaving consumer electronics short of chips

The AI boom has changed memory demand from a broad consumer cycle into a more segmented market centered on high-bandwidth memory chips

NPCI explores agentic AI layer for faster UPI compliance cycles

Currently, banks require four to eight weeks for certification with UPI's operating circulars (OCs) that NPCI releases from time to time