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AI helps insurers cut onboarding costs, speed up claims processing: McKinseyArtificial intelligence is transforming the insurance industry by enhancing sales efficiency and minimizing customer onboarding expenses. T...- Everything Sarvam AI announced at its Epoch Builder EditionSarvam AI launched new models and infrastructure tools at its Epoch Builder Edition event. The company plans to develop a trillion-paramete...
- Scale AI taps former Google Cloud executive as CEOScale AI appointed Francis DeSouza as chief executive officer, effective August 10. DeSouza brings over thirty years of enterprise technolo...
- Sarvam appoints Thinking Machines Lab founding member Devendra Singh Chaplot as advisorSarvam AI has appointed Devendra Singh Chaplot as an advisor. Chaplot was a founding member of Mistral AI and Thinking Machines Lab. The ap...
- Capgemini sees multi-year IT modernisation boom as firms prepare for AICapgemini's CEO Aiman Ezzat highlighted legacy systems as AI adoption's main hurdle. Companies must modernize data and infrastructure for e...
- Hated till June, hottest in July! What’s driving the Rs 3.8 lakh crore boom in IT stocks?Indian IT stocks saw a remarkable July rally, adding significant market value and reversing investor pessimism. This surge was largely driv...
- GenAI may replace up to 12% of India's non-farm jobs, says Goldman SachsGenerative AI could substitute twelve percent of Indian non-agricultural jobs. Forty-eight percent of jobs will likely be complemented by t...
- Vishal Sikka bets on 'AI surfing' with Hang Ten, raises $32 million to help enterprises ride the waveHang Ten Systems, a new enterprise AI startup, has secured significant seed funding. The company aims to guide businesses in leveraging art...
- Paytm founder Vijay Shekhar Sharma calls AI a once-in-a-generation opportunity for IndiaPaytm Founder Vijay Shekhar Sharma sees artificial intelligence as a major opportunity. India can create new jobs and economic growth throu...
- Global Market | AI boom could complicate central banks’ inflation assessment, monetary policy decisions: BISArtificial intelligence complicates economic assessments for central banks globally. The technology simultaneously boosts demand and expand...
- How AI fraud detection is reshaping banking and financial services in IndiaEvery digital payment, loan approval and investment decision carries an invisible layer of intelligence. AI products are quietly helping fi...
- Nvidia behind $50 billion lease on Texas data center, FT reportsIn an impressive move, Nvidia is reportedly set to lease Hut 8's data center in Texas, with the value of the arrangement potentially soarin...
- ET Graphics: The curious case of missing AI specialistsDespite the world’s largest talent pool, when it comes to advanced AI roles, India has the world’s most severe hiring shortage, which is co...
- China accuses US of 'AI hegemonism', threatens countermeasures over potential probesThe ministry said Washington was threatening Chinese companies with punishment based on allegations they used "distillation" to copy advanc...
- Private equity investors shift tech bets from IT services to AI startupsBankers and investors told ET that interest is expanding beyond capital-intensive AI infrastructure to applications that automate business ...
- Global Market Update | South Korea's Naver jumps 10% on Nvidia's $1 billion investment planNvidia will invest one billion dollars in Naver's new shares. This investment supports expanding an AI data center project in South Korea. ...
- Nvidia, SK Group unveil $500 billion-plus AI data centres initiative, memory partnershipAs part of the initiative, SK Telecom plans to build a 2-gigawatt AI data centre powered by Nvidia's Vera Rubin chips and SK Hynix's HBM4 ...
- South Korea President Lee looking to open new era of AI in with global tech companiesPresident Lee delivered a keynote address unveiling a "San Francisco AI Declaration" that outlined South Korea's AI ambitions and its visio...
- Coforge secures over $230 million AI transformation contractCoforge announced a significant five-year contract valued over $230 million. This AI-led transformation engagement is with a major European...
- Governments must move beyond AI pilots to redesign public services: McKinseyGovernments must move beyond isolated AI pilot projects. Redesigning processes is crucial for fully realising AI's potential. A four-step a...
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