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After cloud spending, IT companies see 'token maxxing' as AI's next cost challengeIT firms are flagging a new AI challenge: 'token maxxing,' where companies prioritize AI usage metrics over actual business results. This t...
AI to manage AI? Claude creator says prompt engineering is ending too, just like software engineering. Reveals what's nextThe AI landscape is shifting as experts predict the decline of prompt engineering. Instead, "loop engineering" is emerging, where AI agents...
Staggering amounts of fentanyl hit US streets as the DEA watched and took no action, records showDEA agents in New Mexico allegedly allowed hundreds of thousands of fentanyl pills onto streets between 2023-2025, prioritizing larger case...
UnitedHealth’s $3 billion AI push has bots calling doctorsThe largest US health insurer plans to invest $3 billion in AI over 2026 and 2027. UnitedHealth executives say they’re seeing a 2-to-1 retu...
Trump asks Americans to vote for rebranding "ICE" to "NICE" in efforts to cool down critics over stance on illegal immigrationFormer President Donald Trump is proposing to rename Immigration and Customs Enforcement (ICE) to "NICE" as part of a public poll. He belie...
AI, AI Sir! Indian execs back in the classroom for a fresh chapterOnline education companies such as Coursera, Eruditus, upGrad and Simplilearn are reporting a sharp rise in enrolments over the past year $...
Adobe expands Creative Agent across Firefly and Creative Cloud applicationsAdobe is significantly enhancing its creative tools with an AI-powered "Creative Agent" integrated across Firefly and major Creative Cloud ...
AI-generated ads should be exempt from EU transparency rules, retail association saysThe European Union AI Act, which enters into force on August 2, requires companies to clearly label where artificial intelligence has bee...
Time for long-term investors to look at them again? 9 NBFC stocks with upside potential of up to 22%The reason NBFC stocks reacted quickly to the easing of the US-Iran war risk is not difficult to understand. For a lender, macro relief tra...
TSC India announces expansion into hotels and visa servicesJalandhar-based TSC India Ltd has expanded its travel services platform by entering the hotels and visa segments. The company acquired GITH...
Inside KPMG's AI report scandal: False claims, bogus case studies and hallucinated success storiesKPMG has retracted a global report after major organizations like UBS and the NHS denied claims of using AI for operational transformations...
Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
RBI puts curbs on banks' sale of third-party productsThe Reserve Bank of India has prohibited third-party incentives to employees of regulated entities, while allowing banks and NBFCs to rewar...
Talent shortage triggers AI adoption among insurersA shortage of trained insurance professionals is driving insurers to automate claims processing, underwriting, and customer onboarding. Thi...
Irdai seeks to ease investment rules in insurance sectorThe Insurance Regulatory and Development Authority of India (Irdai) is proposing significant changes to ownership and capital structure reg...
Salesforce to buy AI agent platform Fin for about $3.6 billionSalesforce is acquiring Fin, an autonomous AI agent platform, for approximately $3.6 billion. This move will strengthen Salesforce's Agentf...
Agentic AI adoption drives stronger governance oversight, risk controlsIndian companies are prioritising local AI rules over international ones. They are focusing on ethics, identity, and privacy as AI adoption...
Indian AI startups pitch for funds from venture capitalists in US: Anirudh ArunIndian artificial intelligence companies are increasingly securing funding from the United States. Investors are drawn to promising returns...
Indian-American arrested in California for allegedly defrauding bank of $100 millionAn Indian-American man, Mahender Makhijani, was arrested in California for allegedly defrauding a bank of nearly $100 million. He is accuse...
Proposed commission caps may drive consolidation in insurance distribution: Acko CEOAcko founder Varun Dua anticipates regulatory changes to insurance distributor commissions will drive consolidation and professionalization...