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Agentic AI can cut banks' transaction monitoring workload by up to 50%, improve compliance quality: McKinseyBanks could reduce the human effort required for transaction monitoring investigations by 30-50% by deploying agentic artificial intelligen...- China's CXMT to start advanced AI memory production despite poor yieldsThe decision highlights China's intense shortage of the AI memory chips, which are essential to a government-backed push to develop domesti...
- Indian IT firms poised to benefit from enterprise AI adoption as infrastructure costs rise: ReportIndian information technology (IT) companies are well-positioned to benefit from the growing adoption of artificial intelligence (AI) by en...
- Tyler Perry viral pictures real or fake? Here's the truthTyler Perry has sparked online buzz after viral pictures allegedly showing him kissing another man circulated on social media. Grok AI sugg...
- Microsoft, Amazon and Google may spend $600 billion on AI in 2026. Will investors see returns?Microsoft, Amazon and Google could spend as much as $600 billion on AI in 2026, but investors want to know whether the massive investment w...
- Anthropic vs OpenAI: How Claude maker’s growth is challenging ChatGPT ahead of IPOAnthropic has seen significant revenue growth, reaching $16.29 billion in the first half of 2026. OpenAI continues to expand its business m...
- AI is changing online ads, and brands have a new fight on their hands: ReportAs consumers increasingly use AI for product discovery and comparisons, brands must adjust their advertising strategies. Research shows tha...
- India's daily multimodal AI use to nearly double to 43% by 2030: Ericsson reportDaily use of multimodal AI in India is expected to nearly double by 2030 from current levels. The report highlights a shift towards more fr...
- Global Market | SK Hynix weighs $12 billion special dividend ahead of Q3 Results: ReportsSK Hynix said it would announce shareholder-return measures alongside its quarterly results amid reports that it was considering a special ...
- AI adoption rises sharply among US small businesses, but technical expertise remains key challenge: Goldman SachsAI adoption among rural small business owners has significantly increased, reaching 80% in 2026. Despite this growth, a lack of technical e...
- Luis Ceze, a professor, turned his lab's project into a startup. Nvidia bought it, made him Vice President, and he kept teachingNvidia acquired OctoAI, a software startup founded in 2019, reportedly for $165 million. Following the acquisition, OctoAI was dissolved as...
- AI ad blitz distorts US midterms 2026AI-generated political advertisements are becoming more prevalent as the November elections approach, raising concerns among voters. Resear...
- AI could unlock $2.52 trillion in annual global economic value: ReportArtificial intelligence is projected to generate $2.52 trillion in annual economic value globally through automation. However, increased de...
- US data centre spending seen more than doubling to $2.1 trillion by 2028, estimates BoFAGlobal data centre spending is expected to reach $1 trillion in 2026 and more than double to $2.1 trillion by 2028, driven by rising demand...
- Meta falls as investors balance Muse growth with rising AI costsShares of Meta Platforms fell about 3% in premarket trading on Thursday, as investors weighed the benefits of the company's fast-growing AI...
- Meta falls as investors balance Muse growth with rising AI costsShares of Meta Platforms declined in premarket trading as investors evaluated costs against growth in the AI sector and faced legal hurdles...
- Bengaluru: Bihar worker arrested after posting AI-generated video of Vidhana Soudha being blown upA shocking incident unfolded in Bengaluru when a 25-year-old worker from Bihar, Hazrat Ali Shoiab, was detained for creating and posting an...
- India's AI financing demand to shift towards data centres, but GPU, regulatory risks persist: ReportAs India embraces the AI revolution, the sector's growth is bolstered by a surge in internet and smartphone users, alongside a wave of gene...
- 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...
- China's AI data centre boom faces Return-on-Investment test as financing costs rise: Goldman SachsGoldman Sachs examined three business models in China's data centre sector: traditional powered-shell facilities, integrated AI data centre...
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