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UK banks' lack of Mythos access a wake-up call, government AI adviser saysHarriet Rees, chief information officer at Starling Bank, who was appointed "AI champion" by the finance ministry in January, said Britain ...- 7,700 jobs down: India’s top private banks’ workforce reduce as tech wonder gets busyIndia's largest private banks are reducing staff numbers. This shift reflects increased automation and artificial intelligence adoption. Te...
- Canada regulator cited Anthropic's Claude Mythos in warning to banks on cyber risks, email showsThe regulator, the Office of the Superintendent of Financial Institutions, sent the email to chief technology officers, chief information s...
- AI, Iran war risks weigh on Indian IT firms’ earnings outlookIndian IT companies like HCL Technologies and Wipro are reporting earnings amid AI concerns. Macroeconomic uncertainty and Middle East conf...
- Korea's Kospi hits 8% lower circuit, trading halted. What's rattling investors today?South Korea's benchmark Kospi index plunged 8% to lower circuit on Monday as rising tensions in the Gulf and soaring oil prices rattled glo...
- Carlyle Consortium set to take control of defence parts supplier Micropack with a ₹1,175 crore betCarlyle plans a significant investment in Micropack, an Indian defence electronics manufacturer. This deal marks a major private equity ent...
- Apple files lawsuit accusing ChatGPT maker OpenAI of stealing trade secretsApple has accused OpenAI of stealing its trade secrets for new hardware. Two former Apple employees now working for OpenAI are named defend...
- AI can't replace mental health therapists. But here's where it might make a differenceThe appeal is easy to understand. Chatbots don't judge. Unlike stretched mental health services in countries such as New Zealand and Austra...
- JioStar taps AI for shopping, TV movie night ideasJioStar is integrating generative AI for conversational content discovery and commerce. This technology allows users to find shows and prod...
- China plans to let top AI firms buy limited Nvidia H200 chips: ReportChina plans to permit its leading artificial intelligence companies to acquire Nvidia's H200 chips. Officials have informed Alibaba, ByteDa...
- SanDisk shares crash 10% as AI chip selloff spreads to memory stocksSanDisk share crash why, chip stocks falling today, AI rally over or not, Micron Intel share fall reason, memory stocks crash news, Samsung...
- Micron, Intel shares crash up to 8% as Samsung fails to calm concerns over AIGlobal semiconductor stocks fell sharply as Micron and Intel dropped up to 8%, tracking weakness in Asian peers despite strong Samsung earn...
- AI-driven governance essential for detecting fraud, managing high financial data volatility: ExpertsIndustry leaders and financial experts highlighted the necessity of integrating Artificial Intelligence (AI) into financial reporting and c...
- Global Market: UK regulator urged to consider rules for AI chatbots in financial adviceA UK regulatory review has recommended that the Financial Conduct Authority consider bringing AI models such as ChatGPT, Claude and Gemini ...
- View: Meta's cloud play will spice up Ambani-Adani rivalryMeta Platforms is leasing its excess AI compute capacity to enterprise clients. This move will reshape the rivalry between Indian tycoons M...
- After Operation Sindoor, trust in 'made-in-India' defence platforms got enhanced: Rajnath SinghDefence Minister Rajnath Singh highlighted a significant boost in confidence for "made-in-India" defence platforms following Operation Sind...
- Reliance market value now equals India's top five IT companies combinedA sharp selloff in Indian IT stocks has reduced the combined market capitalisation of the top five IT firms to nearly match Reliance Indust...
- Mukesh Ambani, Sunil Mittal named founding members of global AI panelIndian business titans Mukesh Ambani and Sunil Mittal have joined the AI for Good Global Commission, a new initiative by the International ...
- A coastal city in the south is quietly powering India's AI futureVisakhapatnam is emerging as India's next AI infrastructure hub, attracting massive investments from tech giants like Google and Reliance. ...
- Reliance Power shares soar 18%, snap 4-day losing streak. What’s triggering the sharp surge?Reliance Power shares rose sharply on Wednesday, snapping a four-day losing streak after the company announced plans to expand into artific...
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