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FINANCIAL INSTITUTIONS AND AI
Nvidia partners with Wall Street giants to raise $500 billion for AI buildoutThe move highlights how surging demand for AI computing capacity is drawing institutional investors, as governments, companies and startups...- Vecton AI raises Rs 6 crore in pre-seed funding led by Zeropearl VC to help financial institutions with AI transformationThe investment will strengthen Vecton's transformation model, enabling financial institutions to accelerate enterprise AI adoption and unlo...
- 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...
- Nvidia partners with Wall Street giants to raise $500 billion for AI buildoutIn an ambitious collaboration, Nvidia is joining forces with six prominent financial institutions to establish compute financing platforms ...
- In financial services, trust comes before speed; AI doesn't replace itIndia is a compelling place to test that idea, because India has been quietly building something transformative. Only a decade ago, shopkee...
- Nearly 32% entities expect AI to drive re-skilling over job cuts: SurveyAround 32 per cent of surveyed entities expect AI will drive significant re-skilling and job transformation rather than large net reduction...
- AI’s volatile power demand is damaging its own data centersAI data centres’ volatile power demand is damaging batteries, turbines and other equipment, raising downtime costs, delaying projects and c...
- 6 reasons you may get income tax notice even after meeting July 31 ITR filing deadlineFiling your income tax returns punctually doesn't guarantee immunity from tax department notices. Often, discrepancies arise between report...
- Financial sector must build safeguards against AI risks before using it: CEAThe financial sector cannot afford to ignore emerging AI-related threats until they become a reality, he said at an event organised by indu...
- Financial sector can't afford to ignore AI risks, CEA V Anantha Nageswaran warnsChief Economic Adviser V Anantha Nageswaran urged financial institutions to prioritize AI security. He warned against waiting for AI threat...
- AI frenzy spooks investors but JPMorgan CEO Jamie Dimon says spending boom likely to pay off. Here's whyJPMorgan Chase CEO Jamie Dimon believes massive capital expenditure in artificial intelligence by hyperscalers will ultimately pay off desp...
- AI safety: India must keep humans in the loop, prevent exclusion, says CEA NageswaranChief Economic Adviser V Anantha Nageswaran stressed proactive AI safety and security in finance. He warned AI must not foster financial ex...
- Scientists use AI to create viruses that don’t exist in nature for the first timeScientists have designed and created new viruses using artificial intelligence. These AI-designed bacteriophages successfully replicated an...
- Fusion Klassroom Edutech shares to list today: Check GMP ahead of debutFusion Klassroom Edutech will list on the BSE SME platform today, August 7. The Rs 39.04-crore IPO was subscribed 1.50 times overall, with ...
- Global Market: SoftBank's AI strategy stays on course despite flat OpenAI valuation in Q1SoftBank reported an 18% decline in first-quarter net profit, though earnings exceeded expectations as strong gains from Intel and ByteDanc...
- Can you get income tax notice for making digital payments through UPI, NEFT, RTGS, and IMPS? Know when it can be triggeredDigital transactions like UPI and NEFT can trigger income tax notices. These notices arise when transactions do not match your declared inc...
- Uttar Pradesh cabinet approves establishment of deep tech innovation centre U-HubUttar Pradesh will establish deep tech U-Hubs in Lucknow and Noida. These hubs will foster innovation and create thousands of technology jo...
- Major Wall Street firms targeted in attempted cyberattacks, sources sayMajor Wall Street financial firms faced sophisticated cyberattacks recently. Hackers used phone calls to trick employees into granting acce...
- The AI layoffs are backfiring: Why companies are rehiring employees they let goCompanies are rehiring workers after AI failed to fully replace human expertise. Ford and Klarna found AI could not detect all defects or m...
- When AI agents start fixing financial systems, trust becomes the real currencyAs AI agents move beyond detecting problems to resolving them autonomously, financial institutions face a new challenge: balancing speed wi...
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