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MCKINSEY REPORT ON AI
Binance extends pre-IPO perpetual lineup to OpenAI after SpaceX successBinance is democratizing pre-IPO price discovery with its new Pre-IPO Perpetual Contracts. These products allow eligible users to speculate...
Amid tech layoffs, this engineering role sees 700% surge in demand, offers salaries up to $200K; Anthropic, OpenAI, Google Cloud and McKinsey are hiringAt a time when tech companies are laying off employees, there is a surprising boom for a specific engineering role, with job postings skyro...
The rupee warning: Six actions for business leadersThe Indian rupee is dipping to historic lows, approaching the 100-dollar threshold. Driven by market sentiment and a perilous cycle of fore...
India’s tech workforce is at a turning point. Reskilling will define what comes nextThe Indian software engineer's career path is rapidly evolving due to generative AI and intelligent automation. A significant talent gap ex...
Hollywood, Bollywood and AI: Who controls storytelling now?The landscape of entertainment is undergoing a dramatic transformation, thanks to artificial intelligence. Enhanced AI technologies are now...
Saving supply chains from climate shocks is a lure for investorsCompanies are increasingly focused on supply chain resilience. This trend is expected to continue, offering new opportunities and protectin...
Banks need to act fast as customers turn to AI for stock picks and savings yields: McKinsey & CompanyCustomers are embracing generative AI at an unprecedented pace. This rapid adoption is outpacing traditional technologies, leaving banks wi...
Andreessen Horowitz cofounder Marc Andreessen says AI beats humans in coding because 'AI never gets drunk, sick, or high' and never files 'HR complaints.'Venture capitalist Marc Andreessen believes AI coding agents are superior workers, citing their tireless nature and lack of human flaws. He...
AI edge will depend on building hard-to-copy systems, says McKinseyCompanies can no longer gain a competitive edge with standard AI models, as nearly 90% of organisations now use large language models said ...
Pizza Hut's AI system promised 30-minute delivery, now it's facing 45-minute waits and a $100M lawsuit insteadPizza Hut's new AI system, Dragontail, has led to a major lawsuit. A large franchisee claims the technology backfired, causing delivery del...
Airbnb says AI now pens 60% of its code as tech firms trim teamsAirbnb's CEO revealed that nearly 60% of code was AI-generated last quarter, accelerating feature development and improving API partner too...
Beyond the prompt: The rise of the agentic organisationAI is evolving beyond assistants to become autonomous agents. This shift requires enterprises to redesign their operations. New goal-driven...
Banks not getting expected benefits from AI due to outdated systems: McKinseyWhile banks are championing artificial intelligence with hefty investments, the anticipated benefits are falling short. According to a McKi...
India's chemicals industry to reach $255 billion by 2030: ReportIndia's chemicals sector is poised for significant growth, reaching $230-255 billion by 2030. Emerging sectors like semiconductors and elec...
Agentic AI transforms banks frontline sales, boosts productivity and revenue: ReportAt leading global banks, agentic AI is already being deployed across prospecting, lead nurturing and account management, delivering measura...
Is AI helping corporates or taking your job? 6 key takeaways from McKinsey’s 2025 AI reportAI impact on workforce: Nearly nine out of ten companies use artificial intelligence, but most are still experimenting. AI agents are gaini...
McKinsey bars China business from generative AI consultancy work: ReportConsulting firm McKinsey has reportedly directed its China branch to avoid generative AI projects. This decision follows increased US gover...
Companies with $500 million+ revenue adopting AI faster than smaller firms: McKinseyThe report says that the organisations are beginning to create the structures and processes that lead to meaningful value from GenAI. While...
Biggest losers of AI boom are knowledge workers: McKinsey reportA few years ago, McKinsey had estimated that about half of worker hours worldwide were spent on tasks that could be automated. Now it’s rai...
Generative AI can add $4.4 trillion in value to global economy, study says"Generative artificial intelligence" is set to add up to $4.4 trillion of value to the global economy annually, according to a report from ...