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FINANCIAL FIRMS AI INVESTMENTS
AI boom’s funding web could spread losses across global markets, IMF warnsThe IMF reports that global AI investment could induce a significant market correction if expectations are unmet. Economic growth has been ...
Survey reveals Wall Street firms are linking bonuses and promotions to AI competency among employeesAs artificial intelligence reshapes the landscape of Wall Street, its expertise is increasingly tied to salary and promotions in financial ...
India Inc to give 9.1% pay hike in 2027, almost similar to 2026: AonIn 2027, employees across India Inc are projected to enjoy a salary boost of 9.1%, as reported by Aon Plc. However, the attrition rate has ...
Wall Street firms tie bonuses, promotions to AI skills, survey findsAI capabilities are rapidly gaining importance on Wall Street, with a growing trend of companies tying compensation to AI expertise. Approx...
Why governments might secretly wish for an AI stumble: Mike DolanConcerns over AI-related investment instability are prompting a notable pivot towards government bonds among investors. Top asset managers ...
South Korea finds hacking incidents at total of 16 financial firmsSouth Korea has found hacking incidents at a total of 16 financial firms and around 100,000 cases of data leaks so far, the country's finan...
After US, India is easiest place to list a company, says Blackstone president and COO Jonathan Gray, eyes $100 billion investment in the countryBlackstone's president and chief operating officer Jonathan Gray has stated plans to increase their investment in India to $100 billion. He...
AI boom drives record sales at Dutch tech giant ASMLASML, a leading Dutch technology firm, has announced unprecedented profits, fueled by a surge in demand for semiconductor manufacturing rel...
Why is Getty Images filing for bankruptcy? Failed Shutterstock merger and AI pressure explainedGetty Images is planning to file for bankruptcy to reorganize its finances and seek new investments. The company has secured funding commit...
- Ashish Kacholia, Kotak Life lead Fusion CX’s Rs 315-crore anchor book ahead of Rs 702-crore IPO
Fusion CX raised Rs 315 crore from anchor investors ahead of its Rs 702-crore IPO, with Ashish Kacholia and Kotak Mahindra Life Insurance a...
Global Market: AI trade faces biggest test yet as chip stocks tumble across AsiaAsian AI stocks tumbled as rising bond yields, higher financing costs, and concerns over excessive infrastructure spending weakened investo...
- CoinSwitch Ventures goes global as BlackLane Capital, plans to back startups with cheques of up to $5 million
CoinSwitch’s investment arm, CoinSwitch Ventures, has rebranded as BlackLane Capital, expanding beyond crypto and Web3 to invest in early-s...
FM holds talks with global financial leaders in Singapore, pitches for boosting investment in IndiaFinance Minister Nirmala Sitharaman held meetings with global financial leaders in Singapore to encourage investments. Discussions included...
Personal Finance tips: More and more American younger generations are taking financial guidance from AI, experts want them to remember few pointsWhile AI can be utilized for research, some financial experts are skeptical about the legal responsibilities of the technology. Certified f...
SoftBank seeks $100 billion from Gulf states for AISoftBank Group Corp. is in discussions to raise up to $100 billion from Gulf investors for future AI investments. Founder Masayoshi Son has...
ET Alpha Wealth Summit 2.0: AI can analyse portfolios, but investor behaviour drives returns, says Ravi DharamshiThe rise of artificial intelligence is transforming how we analyze data and derive investment insights, yet human judgment plays an irrepla...
The auditor is no longer alone. There’s another intelligence in the roomAuditors are increasingly adopting artificial intelligence to enhance the efficiency and accuracy of audits in India. These technological a...
Hexaware Technologies shares surge 11% on multi-year pact with AnthropicHexaware Technologies shares surged after the IT services firm announced a multi-year partnership with Anthropic to integrate its Claude AI...
Piyush Goyal woos top US companies for investmentCommerce and Industry Minister Piyush Goyal has met various US firms in New York to discuss investment potential. Meetings included represe...
Keeping AI models under control: When an agent causes harm, who bears the blame?If an AI agent goes rogue, who do you hold responsible— the agent, the LLM developer or the human? asks EY partner Shivaprakash Abburu. Exp...