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GENERATIVE AI IN BANKING
ISB programme explores AI’s growing role in the future of digital financeThe Executive Programme in Fintech and AI at ISB is crafted to equip finance professionals with cutting-edge skills in financial services. ...- OpenAI’s IPO dream may shatter with sistress sale to MSIn a recent discussion, Gary Marcus raised critical flags about OpenAI's fiscal responsibilities as the stock market faces instability. He ...
- Who will pay for today's optimism if AI goes wrong? CEA Anantha Nageswaran answersChief Economic Adviser Anantha Nageswaran raised concerns over the financial risks linked to artificial intelligence. He stated that financ...
- Chip selloff deepens Wall Street losses as doubts grew over AI returnsA significant selloff in semiconductor stocks affected major US indexes amid rising concerns regarding AI investment returns. The Nasdaq 10...
- Modernising legacy systems: How traditional industries are rethinking business operationsTraditional industries are investing in AI to improve operational efficiency, forecasting and decision-making. Yet integrating AI into esta...
- China eyes curbs on AI, biotech, solar exportsChina has unveiled a draft for export controls targeting artificial intelligence and biotechnology technologies, aiming to impose a total b...
- AI cost savings may be offset by rising verification expenses: Deutsche BankThe report, titled "AI boom or doom: what will superintelligence feel like and when will we get there?", said that while AI has made it che...
- World Bank has a $19 billion gameplan to expand its critical minerals business in five yearsWorld Bank President Ajay Banga has set a target to quintuple the lender’s critical minerals business over five years, with financing proje...
- India’s family offices bet on homegrown AI firms to gain groundIndia’s tech landscape is witnessing an influx of investments from family offices and wealthy individuals. Key players like Premji Invest a...
- Voice-first India is reshaping OpenAI’s priorities: Applications CTOIndian users frequently switch between English and Hindi during the same conversation, a behaviour OpenAI wants its models to understand an...
- At 40, Tally Solutions is ready to junk its old code for an AI-first futureMD Tejas Goenka says the accounting software maker is rebuilding its core for the sixth time, even as it remains uncertain about how AI wil...
- Global Market: Japan’s Nikkei plunges nearly 5% as AI stocks tumble on CoreWeave debt concernsJapan’s Nikkei 225 plunged, while the broader Topix fell 2.5%, as AI-linked stocks led a broad selloff. Sentiment was hit by concerns over ...
- India can catch up in AI by focusing on applicationsIndia faces significant threats in the global AI landscape as investments surge globally. While it has missed some initial chances, the nat...
- Kumar Mangalam Birla plans $30 billion push undeterred by crisesKumar Mangalam Birla announced plans to invest $30 billion over the next two to three years. This investment will target businesses both in...
- AI boom’s funding web could spread losses across global markets, IMF warnsThe IMF reports that global AI investment could induce a significant market correction if expectations are unmet. Economic growth has been ...
- AI could free up 40% of banks' middle and back-office capacity by 2030: BCG ReportThe integration of artificial intelligence is set to drastically reshape the workforce in the banking industry's middle- and back-office se...
- Global Market | European companies better positioned to withstand energy price shock than in 2022: AnalystsEuropean companies appear better equipped to withstand rising oil and gas prices than during the 2022 energy crisis, supported by changing ...
- UPI MDR rollout delayed; Rs 7,131 crore RDI deploymentNPCI has pushed back the UPI MDR rollout until after the festive season. This and more in today's ETtech Top 5.
- Nandan Nilekani, NEET reform panel head, wants to end ‘question papers’: Infosys co-founder has an unusual plan to prevent paper leaksNandan Nilekani's Anti-Neet Paper Leak Plan: Nandan Nilekani has proposed generating NEET question papers at the last minute using AI and a...
- AI investment boosts growth prospects for Asian economies: IMFIMF Managing Director Kristalina Georgieva said artificial intelligence infrastructure investment is supporting global growth at around 3%,...
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