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Wipro shares could crash 17% on Thursday if ADR is an indicator. What’s worrying investors?Wipro shares are poised for a significant drop following a steep decline in its ADRs, fueled by investor worries about future earnings and ...- Alternatives to OpenAI, Anthropic: With US prime AI off the table, India opts for fine ChinaChinese open-source models, already popular among startups due to lower costs, may now make their way to large enterprises looking to avoid...
- Delhivery gets ecommerce bump; Amazon shakes up qcommDelhivery CEO Sahil Barua said ecommerce deliveries are leading the company’s growth. This and more in today’s ETtech Top 5.
- Canadian lender TD tells some employees it will use software to monitor their workTD said in a statement to Reuters the deployment is "standard practice across the industry." "In various parts of our business, we use auto...
- Canadian lender TD tells some employees it will use software to monitor their workIn a bid to refine efficiency, Toronto-Dominion Bank is introducing software to monitor employee activities in its financial crimes and ris...
- 'Do not use': US banking giants JPMorgan and Goldman Sachs restrict Anthropic AI access abroad. Here's whyMajor US banks, JPMorgan Chase and Goldman Sachs, have restricted employees outside the US from using advanced AI tools like Anthropic's Cl...
- US stocks: Dow hits record high as oil slides; SpaceX shares soarThe Dow Jones Industrial Average reached a new record high on Tuesday, driven by falling oil prices amid optimism for a U.S.-Iran peace dea...
- Bezos’ industrial AI firm Prometheus raises $12 billion; valued at $41 billion: ReportIndustrial AI startup Prometheus has secured a massive $12 billion in its Series B funding round. This significant investment propels the c...
- Why is the US stock market down today? Dow Jones, S&P 500 and Nasdaq crash big as strong jobs report, rising Treasury yields and AI stock selloff shake Wall Street — here are today's biggest gainers and losersWhy is the stock market down today? A hotter-than-expected jobs report erased any lingering hope for near-term Federal Reserve rate cuts — ...
- OpenAI has discussed adding Citigroup, JPMorgan to bank lineup for IPOOpenAI filling out its roster of underwriters would bring it a step closer to an IPO, which could come later this year. A confidential IPO ...
- IBM commits $5 billion to secure open-source softwareThe initiative, called Project Lightwell, seeks to create a "clearinghouse" for open source security, establishing a model for managing ris...
- American Airlines plans to double India tech hub staff, sources sayAmerican Airlines is set to significantly expand its technology hub in Hyderabad. The company plans to double its workforce to approximatel...
- Europe’s banks embrace AI — and confront the price of dependence on US techThe finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...
- Glean CEO Arvind Jain says AI will never replace a single worker: ‘We're not seeing any role getting eliminated, not today.'While headlines warn of AI eliminating half of all office jobs, Glean CEO Arvind Jain argues AI will augment, not replace, human workers. D...
- JPMorgan rolls out AI tools in investment banking globally, senior banker saysJPMorgan is widely implementing AI tools across its global investment banking operations, signaling a significant shift in the sector. The ...
- Anthropic's Mythos sends US banks rushing to plug cyber holesAmerica's top banks are racing to patch IT system flaws identified by Anthropic's powerful Mythos AI tool. This advanced technology is unco...
- Google disrupts hackers using AI to exploit unknown weakness in a company's digital defenceGoogle has stopped criminals using artificial intelligence to find and exploit a company's digital weakness. This zero-day exploit could ha...
- Mythos: A challenge for the Indian banking systemClaude Mythos, a cutting-edge AI tool, has unearthed significant weaknesses in cybersecurity systems. In response, Indian authorities are s...
- Jane Street rakes in record first-quarter trading haul of $16.1 billion, sources sayJane Street achieved a record $16.1 billion in trading revenue for the first quarter, driven by market volatility and gains in AI company s...
- A Silicon Valley CEO just sent the most savage staff memo ever, and the fallout is enormousCloudflare is making massive job cuts, impacting over 1,100 employees worldwide. The internet security firm is undergoing a significant res...
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