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BANK GENAI OPERATIONS
Tech jobs go cold; Chip startups shift gearIndia’s tech hiring has fallen to its lowest level in more than two years. This and more in today's ETtech Top 5.- BFSI firms set to see AI-led decision-making and real-time fraud detectionHowever, before large-scale adoption, companies need to address challenges around AI governance, infrastructure, and security
- Morgan Stanley sees Reliance Industries’ AI, new energy bets powering next growth chapters. Here’s whyMorgan Stanley believes Reliance Industries has entered its fifth monetisation cycle, with artificial intelligence infrastructure and new e...
- BFSI firms set to see AI-led decision making & real-time fraud detectionIndian banks and financial firms are increasingly using AI for critical tasks like fraud prevention and decision-making. While early adopte...
- Rewiring payments for the AI era: Inside PayU’s transformation playPayU is ramping up its AI-led payments push, building infrastructure for agentic commerce as UPI volumes surge and digital transactions sca...
- YC partner on AI's funding gap, Indian startups; TCS CEO talks IT's resilienceHappy Monday! Y Combinator’s Ankit Gupta told ET in an exclusive chat that AI money is crowding at the top while early founders scramble fo...
- From OpenAI to Nvidia, tech firms channel billions into AI infrastructure as demand boomsTech giants are making massive investments in artificial intelligence. CoreWeave and Meta have expanded their cloud capacity agreement to $...
- Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuationDigital lending firm Kreditbee has raised $280 million, becoming a unicorn with a $1.5 billion valuation. This funding marks their last pri...
- ITC Infotech expands global innovation ecosystem with new Digital and AI Experience Centres and AI studioITC Infotech has launched Digital & AI Experience Centres and an AI Studio to boost enterprise AI adoption. Inaugurated by Sanjiv Puri, the...
- Who is David Rice? HSBC’s first chief AI officerRice, who has been with HSBC since 2006, was previously its COO for the corporate and institutional banking vertical. His appointment comes...
- GenAI could increase banking operations' productivity up to 46% by 2030: EY reportGenerative AI is set to boost productivity in India's financial services by up to 38% by 2030, and up to 46% for banking operations, accord...
- AI and Unstructured Data: A Roadmap for India's Digital Transformation with Elastic CEO
- About 50% of employers in India looking to skill workers in Gen AI by end of FY25: SurveyA recent survey by Great Learning reveals that half of organizations in India plan to upskill their employees in generative artificial inte...
- AI company Tredence to scale up India operationsArtificial intelligence (AI) company Tredence is also recruiting for innovative roles to meet clients’ growing needs in GenAI while launchi...
- Banking on GenAI: The artificially intelligent future of financeTop Indian banks like SBI, HDFC, and Axis are adopting GenAI for better services. Data shows that the BFSI sector's IT spending was a whopp...
- How GenAI is becoming key part of large, mega IT dealsIT service providers are integrating Generative AI into large deals, indicating its advancement from PoC stage. Traditional IT budgets are ...
- PSBs set to develop road map for deploying GenAI systemsAccording to sources familiar with the matter, state-owned banks are preparing to devise a comprehensive strategy and roadmap for implement...
- GenAI spending by banks to reach $85 billion globally by 2030: reportLeading banks will adopt generative AI services to offer more personalised user experiences, enabling them to provide increasingly compelli...
- GenAI-backed financial services becoming popular among Indian users: reportA study by FIS, a technology solutions provider for financial institutions, suggests that preference for new technology (60%) and the desir...
- EXL eyes $2 billion revenue in two years on data, generative AI focusNasdaq-listed EXL caters to segments such as banking and financial services, healthcare and retail and made a strong pivot to digital five ...
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