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AI REGULATION IN BANKING
OpenAI and Anthropic fear a major AI crisis in the next 6 to 12 months. Here’s what they’re preparing forOpenAI and Anthropic are preparing for a potential AI crisis, with industry insiders warning that a major incident could occur within six t...11 Oct, 2026, 02.01 AM IST- The auditor is no longer alone. There’s another intelligence in the roomAuditors are increasingly adopting artificial intelligence to enhance the efficiency and accuracy of audits in India. These technological a...09 Oct, 2026, 12.06 PM IST
- South Korea, Japan buffeted by hacks as AI lowers bar for cybercriminalsNine South Korean banks and two mega-churches are probing cyberattacks that may have involved AI tools, while Japanese companies including ...09 Oct, 2026, 10.10 AM IST
- Chinese developer makes ARTEX AI agent closed-source after Korean bank hackThe Chinese developer of ARTEX said they have converted the AI agent to a closed-source project after cybersecurity firms identified it as ...09 Oct, 2026, 09.29 AM IST
- Govt fast-tracks safer AI blueprint, paper on regulation out in a monthSpeaking at a World Bank group event, Vaishnaw said the paper will be released in one month, and will focus on AI safety, humanity, skillin...09 Oct, 2026, 06.00 AM IST
- Tech stocks drag Nasdaq lower on report of OpenAI revenue fall, high yieldsUS equity indexes fell, influenced by megacap technology stocks and concerns regarding OpenAI's revenue performance. The Nasdaq 100 and S&P...09 Oct, 2026, 01.26 AM IST
- India’s AI rules take shape; TCS profit jumps 15%The government is set to release a consultation paper on AI regulations within a month. This and more in today’s ETtech Top 5.08 Oct, 2026, 07.38 PM IST
- Only 4% of Indian jobs at risk from AI disruption, far below developed markets: World Bank Group EDSpeaking to on the sidelines of the IndiaAI Mission and World Bank Group's India launch of the World Development Report 2026, Mishra said t...08 Oct, 2026, 03.27 PM IST
- Govt asks banks to develop a sector-wide quantum transition along with an AI resilience frameworkAccording to the industry, major concerns in this segment include 'harvest now, decrypt later' threats, where cyber adversaries stockpile e...07 Oct, 2026, 11.23 PM IST
- AI asset valuations pose global risk, but cyber threat biggest concern for central banks: RBI GovernorThe Governor made the remarks in response to an question at the post-policy press conference, after the RBI flagged elevated AI-related ass...07 Oct, 2026, 02.05 PM IST
- Gnani AI launches Ascent partner programme to scale sovereign AI across enterprisesGnani AI has introduced the Ascent programme to assist enterprises in scaling sovereign AI across their operations. This initiative connect...06 Oct, 2026, 03.34 PM IST
- South Korea's Lee says AI appears to have been used in bank hacksSouth Korean President Lee Jae Myung said on Tuesday that AI models are believed to have been used in some recent hacking incidents against...06 Oct, 2026, 08.05 AM IST
- Anthropic's Claude can now process AI requests locally in India through Amazon BedrockAnthropic has launched its Claude AI models in India for local processing through Amazon Bedrock. This development addresses data residency...05 Oct, 2026, 12.01 PM IST
- SoftBank’s Masayoshi Son has rare cautionary note on AI safetyIn a recent statement, Masayoshi Son underscored the critical importance of international unity in managing the safety risks associated wit...04 Oct, 2026, 09.42 PM IST
- India needs its own AI safety framework, not a copy of US pact: Industry expertsIndia should build its own artificial intelligence (AI) safety framework suited to its languages, scale, and application-led AI ecosystem r...04 Oct, 2026, 07.21 PM IST
- South Korean president orders probe into data leaks across financial industryFinancial Services Commission (FSC) Chairman Lee Eog-weon convened an emergency meeting with financial industry associations, regulators an...04 Oct, 2026, 05.24 PM IST
- India needs its own AI safety framework, not a copy of US pact: Industry expertsIndustry experts say India should develop an AI safety framework tailored to its own languages, scale and application-driven ecosystem rath...04 Oct, 2026, 04.02 PM IST
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