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Singapore says AI-related demand lifting economyStrong AI-related demand helped the electronics and precision engineering clusters of the manufacturing sector, as well as the machinery, e...
AI in banking must move beyond retail to farms, MSMEs: SBI Chairman SettyIn a recent statement, CS Setty, Chairman of the State Bank of India, underscored AI's transformative potential for the Indian banking sect...
Forget gold and stocks: Nvidia CEO Jensen Huang aims to make chips an investable asset, lines up $500 bn in financingNvidia CEO Jensen Huang said AI compute is emerging as a new investable asset class as the chipmaker partners with six major financial firm...
Nvidia partners with Wall Street giants to raise $500 billion for AI buildoutIn an ambitious collaboration, Nvidia is joining forces with six prominent financial institutions to establish compute financing platforms ...
Finance panel calls for AI checks for tax refundsA parliamentary committee has identified a concerning surge in income tax refunds that are taking too long to process. To expedite genuine ...
Mark Zuckerberg dispels doomsday fears, heralds a rosy AI dawnIn a blog post, Zuckerberg said, "I do not understand why anyone who believes that AI will eliminate most jobs and much of humanity's relev...
North Korean hacking group builds AI tools for cyberattacks, report saysThe cybersecurity firm, Genians, said it found evidence that the North Korean-linked group Kimsuky had set up tools for running and manag...
Nearly 32% entities expect AI to drive re-skilling over job cuts: SurveyAround 32 per cent of surveyed entities expect AI will drive significant re-skilling and job transformation rather than large net reduction...
Financial sector must build safeguards against AI risks before using it: CEAThe financial sector cannot afford to ignore emerging AI-related threats until they become a reality, he said at an event organised by indu...
Financial sector can't afford to ignore AI risks, CEA V Anantha Nageswaran warnsChief Economic Adviser V Anantha Nageswaran urged financial institutions to prioritize AI security. He warned against waiting for AI threat...
AI safety: India must keep humans in the loop, prevent exclusion, says CEA NageswaranChief Economic Adviser V Anantha Nageswaran stressed proactive AI safety and security in finance. He warned AI must not foster financial ex...
Microsoft opens its largest India data center hub as AI race heats upMicrosoft launched its largest India data center in Hyderabad on Thursday. This new facility brings Microsoft's cloud regions in India to f...
Global Market: SoftBank's AI strategy stays on course despite flat OpenAI valuation in Q1SoftBank reported an 18% decline in first-quarter net profit, though earnings exceeded expectations as strong gains from Intel and ByteDanc...
AI adoption in finance hits 76%, governance and AI-centric operating models key to future edge: KPMGArtificial intelligence (AI) has reached an inflection point in finance, with 76% of organisations already using it in financial planning. ...
- AI is now finance's decision engine, but data quality is key: Report
Artificial intelligence is increasingly driving finance decisions and improving performance. Active AI use in finance has more than doubled...
Global Market: Europe’s tech giants emerge as surprise AI winners as enterprise adoption takes offEurope’s established technology companies are emerging as unexpected winners of the AI boom as enterprises move from experimentation to lar...
AI cloud startup Volta valued at $2.4 billion, announces $10 billion AI partnershipVolta Infra, a new AI startup, secured a significant cloud contract. This deal is reportedly with Anthropic for European cloud computing se...
Global Market: SoftBank earnings in focus as AI investment push raises funding, debt questionsSoftBank faces investor scrutiny over financing its AI expansion and managing debt. The company plans to fund significant AI commitments wh...
When AI agents start fixing financial systems, trust becomes the real currencyAs AI agents move beyond detecting problems to resolving them autonomously, financial institutions face a new challenge: balancing speed wi...
From financial reporting to strategic decision-making: AI's new role for CFOsAI is no longer being used only to automate reporting or reduce manual work. Today's AI products are helping finance leaders understand tra...