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AI GOVERNANCE AND ACCOUNTABILITY EXPLAINED
Financial regulators scramble to counter AI rise with own toolsSwiss financial regulator Marlene Amstad urges banks and watchdogs to rapidly adopt new technology to counter escalating cybersecurity thre...- Before you nominate: The 4 questions every AI product should be able to answerThousands of AI products are launched every year. Only a small number stand out. The difference isn't always a bigger model, a longer featu...
- AI levels the playing field as IT giants target mid-market gameWith the disruption that artificial intelligence has brought, mid-market companies have now accelerated tech spending, creating scalable op...
- Living on borrowed AI won’t end well for India, warn expertsIndia's reliance on foreign-controlled advanced AI models, like Anthropic's, is under scrutiny after a US government directive suspended ac...
- Over 78% of firms expect AI agents to handle customer support within 18 months, Adobe findsIndian businesses are racing towards AI-powered customer support, with nearly 78% expecting AI agents to handle interactions soon. However,...
- UK overtakes India in global unicorn rankings as AI-driven valuations surge: HurunIndia has dropped to fourth place globally in unicorn rankings, with the UK now holding third position. While the US and China lead, India'...
- Anthropic says Alibaba illicitly extracted Claude AI model capabilitiesUS AI firm Anthropic has accused Chinese tech giant Alibaba of orchestrating the largest known attempt to steal its artificial intelligence...
- IndiaAI backing could make government a minority shareholder in SarvamThe central government could end up with a 1-2% stake in AI startup Sarvam, valued at $1.5 billion, as part of its $300 million funding rou...
- Meet former Google engineer Aashna Doshi who quit her high-paying job to start a podcast and a startupAashna Doshi, a former Google engineer, has embarked on a new venture, launching her AI startup, Bounty. Driven by a desire for creative fr...
- RBI mandates kill switch for AI models at banks, introduces comprehensive model risk frameworkThe Reserve Bank of India is implementing stringent rules for banks and financial entities using Artificial Intelligence. A new draft frame...
- No Form 16? Here's how salaried taxpayers can file ITR using AIS and Form 26AS for FY 2025-26Salaried individuals awaiting Form 16 for ITR filing can still proceed without it. Employers must issue this TDS certificate by June 15th. ...
- Oil, AI and chips: The new resource race redrawing markets and nationsThe leap to a $5 trillion valuation for Nvidia underscores a dramatic paradigm shift: semiconductors have become the driving force of globa...
- AI risks spark 30% surge in India cybersecurity spends as enterprises ramp up defencesCorporate India is witnessing a significant surge in cybersecurity spending, up 30% year-on-year, as businesses race to safeguard data and ...
- Kunal Shah’s WhatsApp win; India bourses insulated from AI boomIn bagging the top job at WhatsApp, Cred’s Kunal Shah has done what no Indian entrepreneur could do. This and more in today’s ETtech Top 5.
- As AI adoption grows, token consumption comes under close scrutinyBusinesses are facing hefty AI bills, prompting a shift from simply counting AI tokens to scrutinising their actual value. Companies are no...
- Talent shortage slows AI project progress beyond pilot stagesIndia faces a looming AI talent crisis, with projections indicating a shortage of over a million professionals by 2027. Companies are strug...
- The next AI arms race will be over certainty, not intelligenceRecent AI model restrictions by the US government signal a new era of uncertainty, impacting global tech development. India faces a critica...
- Filing pension complaints gets easier as PFRDA rolls out AI-enabled Pension Sahayak: Key features explainedPFRDA has launched Pension Sahayak, an AI-powered platform simplifying pension grievance redressal. This upgrade from the old CGMS offers w...
- Not job loss, AI's biggest danger is something much worse. Why doctors and techies could be the first victims, research findsAs artificial intelligence becomes a routine part of work in healthcare, software development and other professions, researchers are warnin...
- Bid management firm ContraVault AI raises $3.1 million from Chiratae, Titan; eyes US expansionBid management firm ContraVault AI has secured $3.1 million in a funding round led by Chiratae Ventures. The startup will use the capital t...
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