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CHALLENGES OF AI IN FINANCE
India tops world in IPO count, ranks third in fundraising in FY26: SEBI Annual ReportIndia maintained its global lead in IPO numbers during FY2025-26. The nation secured third place worldwide for total funds raised through t...
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. ...
Why AMD's solid quarterly earnings failed to impress investorsAMD beat earnings estimates and issued strong guidance, but its shares fell as investors sought bigger AI gains, higher margins and stronge...
What the ET AI Conclave and Awards 2025 indicate about meaningful brand partnershipsThe ET AI Awards 2025 brought together India's AI ecosystem while demonstrating how editorial credibility, influential audiences and strate...
Tamil Nadu unveils roadmap to build $1.5-trillion economy by 2031Tamil Nadu's finance minister presented the 2026-27 budget, aiming for a $1.5 trillion economy by 2031. A new industrial policy will foster...
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...
Europe's established tech firms emerge as unexpected AI winnersSAP, Capgemini, Sopra Steria and OVHcloud have all reported stronger demand, faster growth or upgraded outlooks as companies move from expe...
Business outcomes, not AI models, will decide enterprise deals: Gnani.ai CEO Ganesh GopalanIn an interview with the Economic Times, Gnani.ai CEO Ganesh Gopalan said the biggest challenge to enterprise AI adoption was not other AI ...
Mark Zuckerberg's wife Priscilla Chan invested $125 mn in a school for poor kids. Now she is shutting it down to invest in AIA free school for underprivileged children will close after the 2025-26 academic year. The Chan Zuckerberg Initiative is redirecting funds ...
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...
Indian businesses still rely on manual invoicing despite digital adoption: StudyNearly seventy percent of businesses still struggle with manual invoice processing. This remains the biggest accounting challenge for India...
Finance ministry calls for faster policy action to sustain growth amid global uncertaintyIndia's finance ministry stressed faster policy responses and stronger implementation for investment. The economy shows resilience despite ...
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...
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...
Global Market | AI boom, market correction risks emerge as major credit threats: FitchRatings agency Fitch highlights AI boom and market correction as major global credit risks. Unprecedented AI spending and soaring valuation...
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...
US faces risk of 'massive capital destruction' as Chinese AI models challenge hyperscalers: JefferiesThe United States could face "massive capital destruction" from its artificial intelligence (AI) investment boom as Chinese open-source AI ...
AI adoption reshapes workflows and hiring across high-growth technology companies: ReportArtificial intelligence adoption is rapidly transforming high-growth technology companies. Many businesses are deploying AI across engineer...
OpenAI agents have lifted support resolution 50%, cut turnaround time 80%: Cars24 CEOCars24 has boosted customer support resolution rates by fifty percent. Turnaround time across key workflows has reduced by eighty percent. ...