Page 5 - Artificial Intelligence

Wipro, Databricks expand partnership to help firms scale enterprise AI

As part of the collaboration, the IT services company has created a dedicated Databricks business practice to develop industry-specific AI solutions and accelerators

Bombay HC permits Gadkari to sue Meta, X, others over defamatory deepfakes

The Bombay High Court on Monday permitted Union Minister Nitin Gadkari to file a civil suit against Meta Platforms, X Corp, Google LLC and other unknown persons over "defamatory" deepfakes and AI-generated posts uploaded against him. The Union Minister for Road Transport and Highways and senior BJP leader had filed a leave petition under Clause XII of Letters Patent, a procedural requirement wherein permission of the court is sought before filing of a suit, when part of the cause of action arises outside the territorial jurisdiction of the high court. Such leave (permission) is necessary to enable the court to hear and decide a suit despite jurisdictional limitations. Gadkari's leave petition came up for hearing on Monday before a single bench of Justice Abhay Ahuja. His lawyer Sandeep Ladda submitted that online platforms have made alleged defamatory and deepfake content publicly available, including to users in Maharashtra. Since this content is accessible here, Ladda argued that

AI infra boom to push global IT spend by 14.2% to $6.4 trn in 2026: Gartner

Worldwide IT spending is expected to climb 14.2% to $6.37 trillion in 2026 as enterprises and hyperscalers invest heavily in AI infrastructure, cloud platforms and next-generation data centres

KDK Software Brings AI To Financial Governance

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AI unwinding real? Analysts decode Indian market impact, sectoral winners

The correction in chip stocks and concerns surrounding the AI trade have the potential to revive FPIs ' enthusiasm for Indian stocks.

DeepSeek puts fundraising on hold after founder's remarks go viral: Report

The Chinese AI pioneer verbally informed some of its would-be backers that they wouldn't be signing investment agreements in the coming days, as they had expected

Odisha to house HCLTech's first data centre; ₹15,000 cr AI push planned

A first of its kind project in India, the facility will provide secure, scalable and inclusive digital infrastructure for government, research institutions, startups and enterprises

AI cannot replace auditor judgement, flags automation bias in audits: NFRA

The audit regulator's first technology guidance says AI can support audit quality but cannot substitute professional judgement, scepticism or auditor accountability

AMD sees compute market zooming to $2 trn by 2030, launches new products

Growing use of artificial intelligence (AI) across all spheres is set to take the overall market for compute infrastructure to USD 2 trillion by 2030 from USD 365 billion in 2025, global semiconductor major AMD said on Thursday. Eyeing the 40 per cent compounded annual growth in the market that it expects, the company unveiled a slew of products, including advanced microprocessors at its annual Advancing AI Summit here. Lisa Su, the Chairman and Chief Executive of the company that has been competing with bigger rival Nvidia, said AI had moved beyond chatbots to reasoning models and was now entering the era of agentic AI, where AI systems autonomously execute multi-step tasks, dramatically increasing demand for computing power. "AI is the most important technology of the last 50 years, and frankly, the progress that we're seeing in the industry is just incredible. Every few months, we see something new that was far beyond our imagination," Su said, adding that the industry was still

Coforge bags $230 million AI transformation deal from European client

The five-year contract is among the company's largest AI-led transformation engagements in Europe and underscores rising enterprise spending on AI-driven digital modernisation

China's memory chip makers ride AI boom to new power and US scrutiny

The clash illustrates the changing dynamics of China's semiconductor industry. CXMT has risen to become the world's fourth-biggest maker of memory

Why is the US accusing China’s Moonshot AI of stealing American technology

The AI race between the US and China is heating up. Washington has accused Chinese startup Moonshot AI of using American technology to build its powerful Kimi K3 model,

Coforge secures $230 mn AI transformation contract with European client

The contract is expected to improve decision-making, boost productivity, reduce manual effort and speed up service delivery, Coforge said in an exchange ​filing

Amazon cuts jobs in AGI unit as it sharpens focus on key AI projects

The layoffs come as Amazon reorganises its Artificial General Intelligence (AGI) business, consolidating teams and redirecting resources towards projects with the greatest customer impact

Best of BS Opinion: Reviving 1991 reform spirit vital for India's growth

Today's Best of BS Opinion examines lessons from the 1991 reforms, safeguards for offline UPI, enterprise digital infrastructure, state capacity and the costs of children growing up online

Enterprise DPI can help India reclaim its advantage in the AI game

How enterprise digital public infrastructure can become the new rails on which India re-enters the AI game

Meesho reports narrower loss, says AI is becoming core to business

The company expects AI to lower the cost of innovation, enabling it to build products faster while maintaining disciplined capital allocation and creating long-term value

IMF urges stronger AI safeguards as India deepens financial sector adoption

The multilateral institution warned that rapid AI adoption could amplify systemic and cyber risks, urging stronger oversight, governance and international cooperation

ITC eyes ₹8 trillion FMCG market by 2035, bets on AI, premiumisation

ITC expects its FMCG market to expand to around Rs 8 lakh crore by 2035 as the conglomerate looks to strengthen its position through a combination of brand-building, digital commerce expansion, and strategic acquisitions, Chairman & Managing Director Sanjiv Puri said on Thursday. Addressing shareholders at the company's Annual General Meeting (AGM), Puri said the Indian FMCG market was "poised for significant expansion" as the consumer landscape evolves rapidly. "The rise of aspirational Bharat, premiumisation, Gen Z and Gen Alpha consumers, expanding digital access and the growth of quick commerce are reshaping categories, channels and expectations," he said. To capitalise on these trends, ITC is leveraging an AI-led consumer insight ecosystem that enables micro-segmentation and supports the development of differentiated offerings tailored to evolving consumer needs, lifestyles and occasions, Puri said. He also underscored the growing role of online and omnichannel commerce in ...

OpenAI models carry out hack in hours that may usually take weeks

OpenAI said it informed law enforcement and other US authorities after learning of a reported breach involving Hugging Face, as claims emerged that AI tools may have completed the cyberattack in hours