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BANKING EFFICIENCY GAINS WITH AI
US Midterm elections, Apple earnings, jobs data to test Wall Street after AI routWall Street faces a pivotal week as US midterm elections, major corporate earnings and October jobs data test investor sentiment. Recent AI...- Digital payments firms race to fortify defences as cyberattacks intensifyAt Bengaluru-based Cashfree, attempted attacks have been taking place repeatedly over the past three weeks, occurring at least 10 times as ...
- Banks report 10-50% gains in productivity, turnaround time and costs from AI-led initiativesSeveral banks in India have implemented artificial intelligence initiatives that have increased productivity and efficiency significantly. ...
- Hospital balance sheet: How AI could cut costs and improve efficiencyAs hospitals grapple with soaring costs in drugs, supplies, and labor, the integration of AI emerges as a vital necessity.
- Nasdaq futures sink as Amazon, Intel intensify AI spending fearsShares of Amazon.com were down 6.3% in premarket trading after the company reported a sharp cash outflow in the third quarter and signaled ...
- Yen steady before BOJ, AI jitters drive Treasury rally, weigh on dollarThe yen remains steady as the Bank of Japan gears up for its expected interest rate policy decision. The dollar has slipped lower, respondi...
- AI boomerang: What one should keep in mind if Microsoft, Barclays Bank, Kroger rehire sacked employees?Microsoft, Barclays Bank and supermarket chain Kroger are among the latest entries on a growing list of companies that have announced AI-re...
- SEBI to make direct mutual fund plans default from November 1; reviews IPO and SME listing rules: ReportsSEBI will make direct mutual fund plans the default option on AMC digital platforms starting November 1, while investors choosing regular p...
- Australia's corporate regulator probing failed $5 billion Firmus IPOAustralia's corporate regulator said on Thursday it was probing the failed $5 billion initial public offering of AI data centre operator Fi...
- IT firms navigate peak pessimism by prioritising growth in stable Q2Analysts said that artificial intelligence (AI) is becoming a significant revenue driver for the majority of Indian IT companies. However, ...
- UBS says it does not permit the use of external AI models for client transactionsConcerns that sophisticated AI agents could harm the financial system have risen within the banking industry. Major US banks have been bloc...
- Why AI stocks rallied after Anthropic’s IPO filingAI stocks rallied after Anthropic disclosed IPO paperwork, with Nvidia gaining nearly 3% and the Philadelphia Semiconductor Index climbing ...
- Global Market: China, Hong Kong stocks slip as technology shares extend lossesChina and Hong Kong stocks edged lower as weakness in technology and AI-related shares outweighed faster industrial-profit growth and fresh...
- AI halves drug discovery times, but =trial bottleneck remains a costly realityNovo Nordisk, Sanofi and Dr Reddy’s Laboratories are among the companies exploring applications ranging from drug discovery to laboratory a...
- Eye for an eye? Think AI for AI: How one startup is using AI to make AI chips more energy-efficientDiscovered Materials, a groundbreaking startup led by founders Akash Ramdas and Advaith Sridhar, is dedicated to advancing chip materials. ...
- AI stocks rise as Anthropic nears Wall Street debut amid investor cautionA successful flotation by a pure-play AI giant such as Anthropic could reshape how markets value parts of the booming industry, including c...
- Ather rides to profit; Pronto's US AI playAther Energy swung to profit in the July-September quarter. This and more in today’s ETtech Top 5.
- Big Tech’s AI push faces a $1 trillion profit test, says UBSUBS Global Research indicates that major cloud companies must generate an additional $1 trillion in operating profits by 2031. They are exp...
- $7.7 trillion AI bet: Can hyperscalers earn enough to justify the spending?Six major hyperscalers are projected to spend $7.7 trillion on AI between 2026 and 2030, but generating adequate returns will be a challeng...
- AI efficiencies shield Q2 IT margins from transatlantic macro headwindsHCLTech’s margin rose 131 basis points quarter-on-quarter to 18.2%, Tech Mahindra’s increased 40 basis points to 14.8%, Wipro’s climbed 50 ...
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