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FINANCIAL SERVICES AI
Tech Mahindra, SpaceXSI partner to accelerate AI-powered software engineeringThe company said it will combine its global engineering, enterprise transformation and AI consulting capabilities with SpaceXSI's AI-powere...
AI is rewriting the rules of investment for India's big-ticket playersPrivate equity investors in India are integrating artificial intelligence into their investment analysis and strategies. AI is being utiliz...
RBI asks banks, payment firms to forensically clear tech environments in case of a data breachThe RBI has asked financial entities to remove management and administrative interfaces from public internet access, enforce multi-factor a...
Anthropic unveils Claude Duet AI agent appAnthropic on Thursday unveiled Claude Duet, a standalone AI agent app designed to act as a proactive assistant for professionals and small-...
Why sovereign AI is critical to India’s next growth leap?India has already created considerable momentum. The priority now is to connect government initiatives, industry investments, academic rese...
PSBs step up AI adoption, cyber resilience under EASE₹ise 8.0 reformsPublic sector banks in India are focusing on adopting artificial intelligence and enhancing cyber security measures. They are modernizing t...
IT companies likely to see 2-3% AI led deflation over the next 1-2 yearsThe rise of artificial intelligence is anticipated to contribute to ongoing revenue challenges within the IT services sector. Leading firms...
India's listed AI market could gain USD 100 billion from IPOs over next 5 years: Goldman SachsIndia's artificial intelligence sector is poised to contribute between USD 50 billion and USD 100 billion from forthcoming IPOs. Goldman Sa...
AI needs $760 billion in annual profit to justify $7 trillion infra investment by 2030: McKinseyWhile new AI businesses, products and services will contribute to returns, a significant share of the value will need to come from companie...
Jio IPO beyond telecom: Why the Ambanis are pitching AI, cloud and 7,220 patents as Jio’s tech futureJio Platforms ₹30,213 crore IPO marks a significant shift toward technology-driven digital services. With a focus on leveraging its connect...
'Humans are cows of the future': Harsh Goenka shares 'a frightening AI thought' by Yuval Noah HarariHarsh Goenka has shared a frightening AI warning by celebrated author of Homo Sapeins, Yuval Noah Harari, who has compared humans to cows o...
Singapore-headquartered tech giant Sea plans IPO for financial services arm, memo saysSingapore-headquartered tech conglomerate Sea Limited is planning a public listing for its financial services arm and will launch an AI ent...
LTM boss sees short-tenure AI deals fuelling quicker revenue boost in H2Deal closures are also at an inflection point with LTM's sales teams targeting AI deals that are shorter tenured but generate revenue quick...
Infosys expands partnership with Truist, builds AI-first GCC in HyderabadThe GCC will be adding 1,000 employees later this month, Infosys informed in a statement, and is expected to further expand with more peopl...
ISB programme explores AI’s growing role in the future of digital financeThe Executive Programme in Fintech and AI at ISB is crafted to equip finance professionals with cutting-edge skills in financial services. ...
AI infra boom faces financing risks as data centre bond spreads widen: Goldman SachsThe report said high-yield bonds issued by data centre companies are facing pressure as investors assess the risks of financing the rapid e...
Cyberattacks on critical financial infra could disrupt payments, credit and market confidence, IMF warnsCyberattacks targeting critical financial institutions and market infrastructure could disrupt essential financial services and undermine m...