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AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...- India to have 26,000 high net-worth families by 2030, says reportThe number of high-net-worth families (with wealth over $30 million) in India is set to increase from 16,000 in 2025 to about 26,000 by 203...
- India to hold vice-presidency of global financial crime watchdog FATF for first timeIndia is set to assume the vice-presidency of the Financial Action Task Force (FATF) for the first time, with Vivek Aggarwal appointed to t...
- RMZ to ramp up data center capacity with $35 billion push, exec saysThe Bengaluru-headquartered company, which currently has 250 megawatts of capacity, is in the final stages of discussions for three data ce...
- Hexaware to invest Rs 310 crore to expand UK operationsThe move is expected to create around 1,200 jobs in AI, digital services, and quantum computing alongside new research and development (R&D...
- French president urges US to share cutting-edge AI and democracies to cooperate on regulationFrench President Macron urged wealthy democracies to unite on AI regulation, a sentiment echoed by OpenAI's CEO. Amidst US restrictions on ...
- Over one-third of entry-level tasks in India done by AI, finds Cognizant-Pearson studyAI is now performing nearly 37% of entry-level tasks in India, exceeding the global average. HR leaders anticipate entry-level roles will e...
- At G7, PM Modi warns against misuse of AIPrime Minister Narendra Modi cautioned world leaders at the G7 summit about the dangers of artificial intelligence. He stressed the need fo...
- AI startup Genspark valued at $2.6 billion in latest funding roundGenspark.ai secured $100 million in funding, valuing the company at $2.6 billion. This investment underscores strong investor confidence in...
- UK regulator sets out conduct requirements for Google's search servicesThe first requires Google to improve transparency and fairness in how search results are ranked, while the second requires Google to allow...
- AI use in UK hits 'tipping point' as companies scale up, Google exec saysBritain is now at a crucial stage for artificial intelligence adoption. Companies are moving beyond just testing AI tools to using them for...
- AI executives gather at G7 as Europeans seek checks on American dominanceIn a rare huddle of AI industry figures, leaders of three of the most powerful AI companies -- OpenAI CEO Sam Altman, Google DeepMind CEO D...
- India's Wipro opens AI centre for Anthropic's Claude in BengaluruWipro has launched a new AI hub in Bengaluru. This centre focuses on Anthropic's Claude models. It aims to help businesses adopt AI more wi...
- Why the ET Most Innovative AI Product Awards 2026 are spotlighting industry-specific innovationThe most impactful AI products of 2026 aren't built to do everything; they're built to solve one problem exceptionally well. The ET Most In...
- Sarvam joins unicorn club; Razorpay lines up IPOFresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5.
- Grok's AI image generation tool violated Canadian privacy law, says watchdogxAI's Grok chatbot violated Canadian privacy laws by launching an image-generation tool that allowed users to create and share non-cons...
- TCS and Anthropic launch global premier partnership to drive enterprise AI scalingUnder the deal, TCS becomes a Global Premier Partner in Anthropic's Claude Partner Network. The company will deploy Claude to 50,000 of its...
- Prince William says UK homelessness 'preventable' with AIPrince William announced at London Tech Week that AI technology can prevent homelessness in the UK. His charity, Homewards, launched a data...
- Global watchdog calls for tighter controls on agentic AI in financeThe Financial Stability Board (FSB) in a report on Wednesday "strongly" encouraged boards to consider implementing safeguards to mitigate r...
- OpenAI weighs leasing Ohio data center with Nvidia backing: ReportOpenAI is in negotiations to lease a proposed 10-gigawatt data center campus on federal land in Ohio, in a deal that could include finan...
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