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ARTIFICIAL INTELLIGENCE IN ACCOUNTING
AI in finance: From crunching numbers to making decisions, how far can it go?Artificial intelligence is increasingly assisting in financial tasks and decision-making. Organisations report improved decision quality an...- AI researcher buys Rs 670 crore California mansion with nine-hole golf course after just 6 years of serviceAI researcher Tony Yuhuai Wu has reportedly bought a Rs 670 crore mansion in California after six years in the AI industry. The 12-acre Vil...
- Sebi to soon roll out AI rules with a ‘kill switch’ for stock marketSebi will soon issue guidelines for responsible AI and machine learning use in India’s securities market, with mandatory safeguards includi...
- Hong Kong Exchange posts record profit as AI, tech IPO boom drives fundraisingHong Kong Exchanges and Clearing posted record first-half 2026 results, with profit rising 24% to HK$10.6 billion. Strong IPO activity, par...
- US housing market weakens as AI boom drives factory outputUS housing activity weakened sharply in July, with single-family homebuilding hitting a more than three-and-a-half-year low as high mortgag...
- OpenAI slows advanced AI development after cyberattackChatGPT creator OpenAI said Tuesday that it was tapping the brakes on development of its most advanced AI model and tightening internal con...
- 29 states in US want Meta to change how Facebook and Instagram operate and give $1.4 trillion penalty; the case now threatens Mark Zuckerberg's AI planA groundbreaking federal trial has begun against Meta Platforms, with 29 US states alleging that the company intentionally designed its soc...
- SilverFox hackers use fake Claude apps to target companies in Asia: KasperskyCybersecurity group SilverFox is exploiting artificial intelligence across Asia Pacific. They distribute fake Claude AI applications for va...
- Govt launches two modules to digitise PMGSY processThe modules are electronic measurement book (e-MB) and electronic billing (e-billing), replacing the paper-based measurement and billing sy...
- Amber Enterprises to make Oppo, OnePlus, Realme phones in India from March 2027Amber Enterprises will begin smartphone production for Oppo, OnePlus, and Realme in 2027-28. The company plans to produce eight million uni...
- AI could cut cost of running insurance by eliminating repetitive work: ReportThe report said AI is being embedded across underwriting, customer service, fraud detection, claims processing and internal operations. Ins...
- AI-skilled job postings more than double in Q1 FY27 as demand spreads beyond tech roles: ReportJob postings for artificial intelligence skills have more than doubled in India. Demand for AI capabilities is now spreading beyond special...
- AI firm Databricks valued at $190 billion as it bags $5 billion in fundingThe funding comes six months after Databricks was valued at about $134 billion in a previous round, as investor demand for companies tied...
- AI to reshape banking, governance must evolve to curb cyber risk: BCG's Hardik ShahArtificial intelligence is set to reshape India's banking sector over the next decade, but banks, regulators and the government will need t...
- 400 goodbye messages, yoga and late-night soccer: Jeff Dean’s final 48 hours after 27 years at Google, co-leading Gemini and becoming ‘unemployed’ for one minuteAfter 27 years at Google and helping oversee and co-lead the development of Gemini, Jeff Dean’s final 48 hours were filled with emotional g...
- SBI uses AI to underwrite nearly Rs 1 lakh crore in MSME loans in FY26State Bank of India underwrote nearly one lakh crore rupees in MSME loans using artificial intelligence. AI is also automating the processi...
- RBI Governor Malhotra outlines which Indian banks will win the AI eraRBI Governor Sanjay Malhotra said banks that succeed in the AI era will be those that understand the technology they deploy and maintain cl...
- Don't worry about AI! Why PPFAS CIO Rajeev Thakkar wants Indian investors to read what tech analyst Benedict Evans saidPPFAS CIO Rajeev Thakkar says fears that AI will destroy IT jobs are exaggerated. Citing Benedict Evans and historical automation, he argue...
- Finance panel calls for AI checks for tax refundsA parliamentary committee has identified a concerning surge in income tax refunds that are taking too long to process. To expedite genuine ...
- Visa beefs up cybersecurity offerings with $2.4 billion BioCatch dealVisa is acquiring fraud intelligence provider BioCatch for $2.4 billion. This acquisition aims to significantly bolster Visa's cybersecurit...
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