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AI IN FINANCE
Nvidia partner ChipAgents raises $60 million to accelerate chip design with AI agentsChip design startup ChipAgents has secured a significant $60 million funding round. This investment will accelerate their plans to speed up...
Vishal Sikka bets on 'AI surfing' with Hang Ten, raises $32 million to help enterprises ride the waveHang Ten Systems, a new enterprise AI startup, has secured significant seed funding. The company aims to guide businesses in leveraging art...
China is throwing a 1-2-3 punch at the global AI tradeIn quick succession, China has thrown a powerful 1-2-3 punch at the global AI trade. On July 16, Beijing-based startup Moonshot AI released...
Global Market | AI boom could complicate central banks’ inflation assessment, monetary policy decisions: BISArtificial intelligence complicates economic assessments for central banks globally. The technology simultaneously boosts demand and expand...
Nvidia-backed neoclouds hover over India to lease data centre capacityCoreWeave, Together AI, Nebius, Lambda Labs, Crusoe and Nscale are in various stages of discussions with companies such as Sify Technologie...
Fitch warns AI market correction emerging as major global credit riskRatings agency Fitch warns of significant AI-related market correction risks. Unprecedented AI spending and soaring tech valuations raise c...
How AI fraud detection is reshaping banking and financial services in IndiaEvery digital payment, loan approval and investment decision carries an invisible layer of intelligence. AI products are quietly helping fi...
US faces risk of 'massive capital destruction' as Chinese AI models challenge hyperscalers: JefferiesThe United States could face "massive capital destruction" from its artificial intelligence (AI) investment boom as Chinese open-source AI ...
Global Market: Samsung, SK Hynix plunge up to 11% as investors reassess AI chip boomSouth Korean chip stocks experienced sharp declines on Tuesday. Major companies like Samsung Electronics and SK Hynix saw significant drops...
Nvidia in talks with OpenAI to guarantee $250 billion financing for data centre: WSJThe power for the project is controlled by the US government and funded separately by Japan under a recent trade deal, with US Commerce S...
Private equity investors shift tech bets from IT services to AI startupsBankers and investors told ET that interest is expanding beyond capital-intensive AI infrastructure to applications that automate business ...
Global Market Update | South Korea's Naver jumps 10% on Nvidia's $1 billion investment planNvidia will invest one billion dollars in Naver's new shares. This investment supports expanding an AI data center project in South Korea. ...
AI adoption reshapes workflows and hiring across high-growth technology companies: ReportArtificial intelligence adoption is rapidly transforming high-growth technology companies. Many businesses are deploying AI across engineer...
OpenAI agents have lifted support resolution 50%, cut turnaround time 80%: Cars24 CEOCars24 has boosted customer support resolution rates by fifty percent. Turnaround time across key workflows has reduced by eighty percent. ...
AI investment boom faces growing credit risks as hyperscalers ramp up debt: JefferiesInvestors are now scrutinising massive artificial intelligence infrastructure spending by major tech companies. Hyperscalers are increasing...
SAP trims 2026 profit goal, signalling cost of AI pushUnlike consumer AI tools, enterprise AI depends heavily on structured, secured and regulatory compliant company data. Vendors such as SAP ...
SAP CFO says AI must move beyond chatbot 'low-hanging fruit' before seeing returnsCompanies have poured money into generative AI but are still seeking evidence of broad productivity gains, and SAP is arguing that the re...
AI-led boom in IPOs raises concerns about a bustThis has been a banner year for stock listings, thanks largely to AI firms, but the massive size of the operations raises questions about w...
QX Global Group appoints Vijay Pahuja as Group Chief Executive OfficerLong Ridge Equity Partners-backed finance, accounting and recruitment KPO leader appoints industry veteran Vijay Pahuja to lead its next ph...
AI adoption rises, but 93% of finance professionals question AI-generated insights: ReportEven as finance teams increasingly adopt artificial intelligence (AI) to improve business decision-making, 93 per cent of finance professio...