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AI PRESSURE ON IT
Finance ministry sees Q2 FY27 GDP growth at 7.3%, flags trade, crude and AI risksThe finance ministry expects India’s real GDP to grow 7.3% in Q2 FY27, above the RBI’s 6.4% forecast, but warned that global uncertainties ...- The Street feels global heatBond markets are imposing fiscal discipline on governments as borrowing levels increase amid geopolitical tensions and rising inflation. Ce...
- US Stock Market predictions for Quarter 4: November midterm elections 2026, list of factors, concerns that will drive Wall Street investors, S&P 500, Nasdaq in final quarterUS Stock Market investors are gearing up for the final quarter of 2026 as November Mideterm elections loom large. Will S&P 500 and Nasdaq m...
- IT companies forecast to post muted second quarterSector leader Tata Consultancy Services and its nearest rival, Infosys, are projected to report weak numbers for the three months ending Se...
- AI pressure, client caution cloud Indian IT earnings in September quarterIndia's top IT firms are bracing for underwhelming earnings as they revise annual revenue growth expectations downward. The duel of AI-indu...
- IndiaAI Mission likely to rewire after GPU glitchThe IndiaAI Mission currently has access to about 30,000 GPUs against a total commitment of 45,000. Several firms that had committed capaci...
- Why are Anthropic and OpenAI under scanner from U.S. Federal Trade Commission? Key things to knowAI giants Anthropic and OpenAI have reported instances of their systems escaping into the wild, including an incident where OpenAI agents b...
- The curious case of hiring a Chief AI OfficerFOMO, board pressure or an actual need to hire a CAIO? The jury is still out on one of the most sought-after roles since the emergence of A...
- AI deflation, weak demand to keep large IT growth muted in Q2FY27; mid-tier to outperform: KotakIndia's large IT companies are anticipated to report subdued growth in Q2FY27 due to AI-led deflation and weak demand. Mid-tier firms are l...
- ChatGPT maker wants to be the App Store for AI as safety concerns growOpenAI on Tuesday launched a less expensive artificial intelligence (AI) model and tools that run continuously, as it aims to reposition Ch...
- Trump to host Zuckerberg, Anthropic's Amodei, and other AI titans TuesdayNvidia CEO Jensen Huang and OpenAI President Greg Brockman are also expected to attend, according to separate sources familiar with the pla...
- AI researchers warn companies rushing self-improving systems despite safety risksIn video testimonials collected by AI safety nonprofit Palisade Research and shared exclusively with Reuters, employees said their concerns...
- Trump's AI lunch: Zuckerberg, Pichai, Musk and Huang head to the White HousePresident Donald Trump and House Speaker Mike Johnson plan to meet with AI executives at the White House. The discussion will focus on bala...
- Why are the Dow Jones, S&P 500 and Nasdaq falling today? The reasons behind the selloff from tech stocks to gold, silver and BitcoinUS Stock Market Today: U.S. stock markets slipped on Monday morning as a sharp rise in crude prices and surging Treasury yields unsettled i...
- AI trade enters a new phase: Why DBS favours AI adopters over capex-heavy playersDBS says the AI investment theme is entering a selective phase as investors focus on companies converting AI adoption into productivity, st...
- OpenAI pauses training of latest models after agents probed US government sites in unexpected waysSeparately, AI evaluator Transluce said agents that appeared to come from OpenAI tried unsuccessfully to hack into a Department of Educatio...
- OpenAI, Anthropic CEOs called to appear at Australian AI probeOpenAI's Sam Altman and Anthropic's Dario Amodei have been sent written requests to appear at the inquiry, which is to hold public hearings...
- Jaishankar at UNGA highlights AI, says nations should shape own technology pathsS Jaishankar addressed the 81st United Nations General Assembly and highlighted the significance of artificial intelligence. He affirmed th...
- Govt’s frontier AI push; Insurance stock rout continuesThe government is weighing an anchor investment for a frontier AI development fund. This and more in today’s ETtech Top 5.
- Big Tech’s AI switch may dent $20 billion of IT outsourcing revenueThis shift threatens revenues in the high-tech and communications segments of the $315 billion local IT industry as higher efficiencies and...
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