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AI DISRUPTION
US stocks today: Dow Jones crashes 500 pts, Nasdaq over 2.5% as AI cash burn fears spark tech selloffUS stocks tumbled on Friday as disappointing results from Intel and Amazon reignited concerns over rising artificial intelligence spending ...- Reddit stock plunges 30% as Google's AI search threatens traffic and user growthReddit shares plunged 23% after the company warned that Google's AI powered search features were hurting referral traffic and could lead to...
- Private equity companies add AI-disruption clauses to buyout loan agreementsPrivate equity firms are adding AI disruption clauses to buyout loan agreements, allowing companies to delay default consequences if artifi...
- TRAI proposes board-approved AI policies, risk classification and mandatory incident reporting for telecom operatorsTRAI has proposed draft guidelines requiring telecom operators using AI to adopt board-approved policies, classify AI systems by risk and r...
- Google AI avoids answering who won 2020 US presidential election, sparking debate: Here’s what we knowGoogle AI faced backlash for failing to accurately respond to queries about the 2020 US presidential election results. Users noticed discre...
- Redefining corporate leadership and enterprise growth with CFOs and CHROsThe role of CFOs and CHROs is shifting from basic management to high-level strategy. Today’s business leaders need to stay flexible and bri...
- Executive search defies broader job market uncertaintyIndia's executive search firms are reporting strong growth despite layoffs, AI-driven disruptions and global economic uncertainty. Leading ...
- Rupee to benefit from dollar retreat, plunging US yields; oil surge tempers impactThe Indian rupee is set to begin trading on a flat note or with a slight increase, driven by falling US Treasury yields. However, the loomi...
- Software stocks slide as Fortinet, ServiceNow fail to meet lofty investor expectationsSoftware companies have been under intense scrutiny this year as investors weigh the likelihood of newer AI models disrupting traditional b...
- Amid layoffs, Sam Altman has an advise for MBA grauates that can keep them employable for a longer periodOpenAI CEO Sam Altman has urged MBA graduates to explore new opportunities created by artificial intelligence instead of following outdated...
- ‘The risk is getting ever more real’: Zoho’s Sridhar Vembu issues a chilling warning about AI and jobsZoho founder Sridhar Vembu has warned that AI could allow one skilled person to do the work of 10, triggering a painful economic shift. Whi...
- Zoho’s Sridhar Vembu sees a painful rebalancing of jobs in the AI ageSridhar Vembu expressed concerns regarding the impact of artificial intelligence on computer-based employment. He indicated that AI could a...
- Freshworks acquires AI startup Robusta to strengthen IT operations platformThe acquisition will bring Robusta’s AI-based incident investigation technology to Freshservice, Freshworks’ IT service management platform...
- AI makes continuous upskilling critical for IT professionals, says KhargeKharge noted that the unprecedented pace of AI adoption had created uncertainty over how job roles and skill requirements would evolve, mak...
- Bill Gates says next 20 years to be the most tumultuous in human history as Microsoft announces buyouts to 60,000 employeesMicrosoft Layoffs: Bill Gates has warned that the next 20 years could be among the most tumultuous periods in human history as artificial i...
- AI kids need adult eyes in the labSatya Nadella and Sam Altman call for a crucial reassessment of AI safety frameworks. Advanced artificial intelligence presents significant...
- Anthropic IPO: Firm uses ‘catastrophic’ word 10 times in document to highlight ‘humanitarian’ AI risksAnthropic’s IPO filing highlights an unusual risk for investors, warning that its AI technology could pose “catastrophic or existential ris...
- Cognizant signs five-year large deal with Europe's EBRDWhile the financial terms were not disclosed, two people privy to the matter told ET that the deal was estimated to be in the range of $100...
- Meet Mahmoud Felfel and Hammad Syed, two Egyptian founders who built a text-to-speech tool; their voice AI startup was later acquired by MetaMahmoud Felfel and Hammad Syed are the founders of PlayAI. Both of them Egyptian entrepreneurs who had previously worked at Dubai-based cla...
- Ukraine’s drone strikes hit Yandex, Sberbank and VKontakte. Is Russia’s AI future at risk?Ukrainian drone strikes have damaged data centers belonging to Yandex, Sberbank and VKontakte, disrupting digital services across Russia. W...
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