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Small Urban co-operative banks face risks bigger than their size due to cyber threats: RBI Dy GovernorUrban co-operative banks may be limited in size but face risks far beyond their physical footprint, RBI Deputy Governor Swaminathan J said....
Alibaba reports 9% rise in quarterly revenueAs businesses increasingly deploy artificial intelligence applications, demand for the cloud computing power needed to train and run those ...
Citi, HSBC, StanChart adopt Ant International's forex AI toolThe Singapore-based fintech giant rolled out its Falcon Time-Series Transformer Model 2.0 and has partnered with six large banks including ...
Can’t trust an agent to secure the agent: Check Point’s Nadav ZafrirFrontier AI models are making cyberattacks cheaper and expanding the attack surface, Check Point CEO Nadav Zafrir told ET. He said securing...
AI in Indian banking: Why technology may reshape jobs, not replace bankersIndia’s banking sector is entering an AI-driven transition, with private banks cutting headcount even as public sector hiring offsets some ...
Cognizant hires 489 B-school graduates, over 37% from non-STEM backgroundsCognizant has hired 489 graduates from 58 B-schools across 37 cities, with over 37% coming from non-STEM backgrounds and more than 42% bein...
AI in finance: From crunching numbers to making decisions, how far can it go?Artificial intelligence is increasingly assisting in financial tasks and decision-making. Organisations report improved decision quality an...
India sees sharper demand for specialised, mid-career talent as GCC hiring acceleratesGlobal capability centres are rapidly increasing hiring for specialized and mid-career professionals. Technology and innovation are now key...
Baidu CEO vows to return Ernie to AI frontier as revenue miss sinks sharesIts Ernie large language model has gone months without a major upgrade, while competitors such as Alibaba and Moonshot have continued to r...
Top 10 private banks cut over 10,000 jobs in FY26 as AI reshapes hiringIndia's top private banks are reducing their employee numbers significantly. This workforce contraction occurred after substantial hiring i...
AI writes 86% of Paisabazaar’s new code, but CTO says engineers aren’t going anywhereCTO Mukesh Sharma says AI has helped Paisabazaar increase production releases while allowing the company to tackle a bigger backlog of prod...
Goldman in talks with investors on Nvidia financing deal after landing prized roleNvidia announced on August 10 it has partnered with six major financial institutions including Goldman to launch compute platforms aimed at...
India less exposed to AI job risks than others, Goldman saysIndia's large workforce performing physical tasks faces minimal AI job losses. Services sector roles may see some substitution risks, impac...
Goldman Sachs taps investors for Nvidia’s $500 billion AI financing pushGoldman Sachs is negotiating with investors for Nvidia's massive AI financing initiative. U.S. insurers and money managers will likely form...
Why every business owner in India needs to understand AI, even without a tech backgroundAI is no longer just for tech teams; it's a business imperative for Indian entrepreneurs. Understand where AI creates value, not how it's b...
US stocks: CoreWeave, Super Micro surge on signs of sustained AI buildoutCoreWeave and Super Micro have seen their stock prices soar to new heights amid a rising tide of demand for AI infrastructure. CoreWeave ha...
CoreWeave boosts 2026 spending plan, beats quarterly estimates on AI demand surgeThe AI cloud company also lifted its targets for 2026 revenue and adjusted profit, banking on a ballooning order book, after its revenue ...
AvenuesAI Q1 PAT rises 45 percent; Company positions Rediff, US Payments and AI as next growth enginesAvenuesAI's consolidated revenue from operations more than doubling 109% year-on-year to Rs 2,680.4 crore and profit after tax rising 45% t...
AI can transform banking, but data, privacy, governance remain key challenges: CEOsTop bank CEOs discussed AI's beneficial use in banking operations. They highlighted generative and agentic AI for customer service and inte...
AI in banking must move beyond retail to farms, MSMEs: SBI Chairman SettyIn a recent statement, CS Setty, Chairman of the State Bank of India, underscored AI's transformative potential for the Indian banking sect...