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AI TECHNOLOGY IN WEALTH MANAGEMENT
Never cognitive surrender: Wealth management wins when AI ‘second opinion’ sharpens human judgement, not replace itAI is a tool to enhance human investment judgment, not replace it. Investors increasingly use AI to test existing ideas rather than generat...- AI in this decade is what digitsation was in the last: RBI governorBanks must understand artificial intelligence deployment for future success. AI can enhance financial inclusion and improve existing public...
- AvenuesAI Q1 PAT rises 45 percent; Company positions Rediff, US Payments and AI as next growth enginesAvenuesAI's consolidated revenue from operations more than doubling 109% year-on-year to Rs 2,680.4 crore and profit after tax rising 45% t...
- US stocks: S&P 500, Nasdaq edge lower as tech weakness offsets Iran deal hopesUS stock markets saw mixed trading as technology shares declined. Optimism grew regarding a potential peace agreement between the United St...
- Rapid7 cuts 12% of workforce as it invests more in AI tools; CEO says it is a ‘good company ready to be great’Rapid7, a notable player in cybersecurity, has announced a workforce reduction of around twelve percent as part of its strategic shift towa...
- AI can transform banking, but data, privacy, governance remain key challenges: CEOsTop bank CEOs discussed AI's beneficial use in banking operations. They highlighted generative and agentic AI for customer service and inte...
- IBM, Together AI ink $240 million deal for Nvidia-powered AI inference clusterThe cluster will provide inference for open-source AI models, which have gained traction as businesses seek to rein in AI costs and weigh...
- ETMarkets Management Talk| North America, AI adoption and recurring revenues to fuel Newgen's next leg of growth: Tarun NandwaniWhat is particularly encouraging is the shift in customer priorities. Enterprises are moving beyond automating individual processes and are...
- Cement, bricks and AI: India's $650-billion real estate industry has a new formulaArtificial intelligence is transforming India's real estate sector beyond customer interactions. Developers now use AI for crucial decision...
- 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...
- ETMarkets Smart Talk | Direct stocks are not the answer for global investing; fund of funds makes more sense: Rahul JainAccording to Rahul Jain, President & Head – Wealth Management at Nuvama, direct stock-picking is not the answer for most investors looking ...
- PEs trade big buyouts for founder-led and AI-driven nimble companiesSuch investments are focused on digital, AI-infrastructure and data services stack. Valuations are selectively improving with business deli...
- As AI moves beyond pilots, Dell Technologies sees India entering a new phase of enterprise adoptionAgentic AI, infrastructure modernisation, and growing boardroom interest are driving Indian enterprises from experimentation to execution.
- Europe's hot stock markets catch global investors' eyeEurope's stock market is experiencing a robust rally, attracting significant investor interest. Strong earnings growth and improving econom...
- Nazara’s new raise; PEs gravitate to startupsHappy Friday! Nazara Technologies will raise funds via a preferential issue. This and more in today’s ETtech Morning Dispatch.
- ETMarkets Smart Talk | AI infrastructure, not just AI software, will drive India's next wealth cycle: Amit JoshiFrom data centres and power transmission to manufacturing and the energy transition, these sectors are emerging as the real enablers of the...
- Fisdom founders to exit Groww after completing wealth business integrationGroww described the departures as part of a planned management transition, and said it does not plan to appoint external replacements. Its ...
- 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...
- Elon Musk loses nearly half of his wealth as SpaceX shares crash 46%. More downside ahead?Musk’s wealth peaked at around $1.33 trillion on June 16, when SpaceX shares soared to a lifetime closing high of nearly $202 apiece. Howev...
- Goldman Sachs Asset Management launches AI investment platform: ReportGoldman Sachs Asset Management has launched AlphaAI, an artificial intelligence investment platform. Lou D'Ambrosio will lead this new plat...
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