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AI AND FINANCIAL INSTITUTIONS
AI adoption surges in Asia as companies set up new hubs in Singapore, IndiaAI and generative AI investment in Asia is projected to reach $175 billion by 2028. Many employees across Asia-Pacific already use AI at wo...- Global economy in tug-of-war between oil shock and AI boom: IMF chiefThe global economy is weathering an oil shock better than feared. An investment boom in artificial intelligence is now a growth engine. Dra...
- US Stock Market: Nvidia earnings to test AI boom as markets brace for sharp moveNvidia options are pricing in a 5.4% post-earnings move, implying a potential $280 billion swing in market value after its Q2 results. The ...
- 93-year-old widow Ruth Gottesman gave $1 billion to make medical school free: Why her gift changed Albert Einstein College of Medicine foreverAt 93, widow Ruth Gottesman made a historic $1 billion donation to Albert Einstein College of Medicine in the Bronx, creating a scholarship...
- VCs step up wealthtech bets; Blinkit freezes new launchesInvestors are pouring fresh capital into wealthtech startups as demand for financial products grows. This and more in today's ETtech Top 5.
- AI, trust, and the future of money: With AI making payments invisible, trust becomes the new currencyArtificial intelligence will shift payments from digital to delegated commerce, enabling machines to transact for consumers. Trust and real...
- Nvidia faces growth test as Rubin debut meets AI financing scrutinyThe chipmaker has been the biggest beneficiary of the race to build AI infrastructure. Recently, though, its stock has come under pressure ...
- Before the first server hums: India needs an impact test for the AI ageBefore advancing with AI infrastructure in India, it is crucial to conduct thorough impact assessments. Large data centres have high demand...
- Netweb Technologies shares fall 4% after raising Rs 1,200 crore through QIPNetweb Technologies shares fell nearly 4% after the company completed its Rs 1,200 crore Qualified Institutions Placement (QIP), its first ...
- US Stock Market: Nvidia earnings, Jackson Hole to test strength of AI-led stock rallyNvidia’s earnings and Fed Chair Kevin Warsh’s Jackson Hole debut are poised to test the AI-driven stock rally. Rising Treasury yields, infl...
- ET WLF: India's growth story holds firm as AI boom redirects global capitalGlobal capital is temporarily drawn to massive US AI investments. India's long-term growth prospects remain strong despite this shift. Demo...
- Only 9% of India's finance aspirants feel ready to compete in AI-driven job market: StudyThe study found that the gap in AI readiness was the widest difference between the two groups. About 56% of Indian respondents said AI and ...
- Shriram Wealth plans to expand into Rs 10 lakh-Rs 2 crore client segment: CEO Vikas SatijaShriram Wealth aims to target new clients with investable assets from ten lakh rupees. The company will utilize the Shriram Group's extensi...
- Indian CEOs must target AI ‘moonshots’, build task forces: Anthropic India MD Irina GhoseIndian CEOs must build real AI products and solutions, moving beyond simple chatbot experiments. Companies are accelerating AI adoption and...
- From AI strategy to enterprise execution: The leaders shaping India’s AI transformationThe Economic Times AI Business Transformation Masterclass & ET Most Innovative AI Product Awards 2026 brings together leaders from NVIDIA, ...
- Citi, HSBC, StanChart adopt Ant International's forex AI toolThe Singapore-based fintech giant rolled out its Falcon Time-Series Transformer Model 2.0 and has partnered with six large banks including ...
- RBI deputy governor Murmu calls for focus on meaningful financial inclusionBanks must measure financial inclusion by effective usage and informed decisions. Technology shifts and consumer behavior necessitate respo...
- AI in finance: From crunching numbers to making decisions, how far can it go?Artificial intelligence is increasingly assisting in financial tasks and decision-making. Organisations report improved decision quality an...
- SIDBI backing is a ‘huge stamp of credibility’ for Cedar Hill Capital: Sahil AnandSIDBI’s backing of Cedar Hill Capital’s fund marks a strong vote of confidence in its strategy of investing in AI-first enterprise FinTech,...
- Vecton AI raises Rs 6 crore in pre-seed funding led by Zeropearl VC to help financial institutions with AI transformationThe investment will strengthen Vecton's transformation model, enabling financial institutions to accelerate enterprise AI adoption and unlo...
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