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GLOBAL MONETARY SYSTEM AI RISKS
Physical security startup Coram AI raises $35 million co-led by Ansa Capital, Battery VenturesThe San Francisco-based company was cofounded by Ashesh Jain, formerly head of autonomy at Lyft's self-driving division, and Peter Ondruska...- AI risks are here, time for tough rules: Anthropic CEO Dario AmodeiAs artificial intelligence grows more powerful, governments must move beyond transparency measures and introduce stronger regulations to ad...
- 84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: ReportAs artificial intelligence increasingly reshapes the financial sector, Indian banks are facing a sharp rise in fraud-related challenges, wi...
- Musk's xAI accused of illegally firing engineer who raised safety concernsDevin Kim, a former engineer at xAI, has launched a lawsuit alleging wrongful termination after he voiced serious concerns about the safety...
- If AI Can Create Anything, How Do We Know What's Real?As generative AI makes it easier to create realistic images, documents, and digital content, organisations are investing in AI-powered frau...
- Anthropic unveils Claude Fable 5, making a shift toward autonomous AI agentsAnthropic has launched Claude Fable 5 and Claude Mythos 5, introducing a new class of AI models designed for long-horizon, autonomous tasks...
- Global watchdog calls for tighter controls on agentic AI in financeThe Financial Stability Board (FSB) in a report on Wednesday "strongly" encouraged boards to consider implementing safeguards to mitigate r...
- Why tomorrow’s finance leaders must think beyond spreadsheetsFinance leadership is shifting from historical accuracy to navigating future uncertainty, with AI becoming crucial for decision-making. Org...
- Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, s...
- India can take the lead in applying AI in industries: SAP CEO Christian KleinSAP CEO Christian Klein believes India can lead in applying AI to industries like manufacturing and finance, rather than just replicating l...
- Will India's AI multibaggers face a reality check as global bubble fears test valuations?India's AI stocks are facing scrutiny as global concerns about a tech bubble grow. Companies linked to data centers and high-performance co...
- Cerebras shares climb as Wall Street brokerages back AI chip strategyCerebras shares saw a rise on Monday. Several Wall Street firms initiated coverage with positive outlooks. They are backing the chip design...
- Lawyers welcome SC’s AI rules against ‘algorithmic justice’The Supreme Court has released a draft framework for AI in courts, aiming to balance innovation with judicial safeguards. The proposed regu...
- India can win in AI deployment despite lagging in advanced chips: Neelkanth MishraIndia can create significant economic value by deploying artificial intelligence to solve real-world problems in healthcare, education, and...
- RBI says fully prepared to tackle ‘Mythos’ cyber threat; advisories issued to banksWith the looming cybersecurity risks posed by the Mythos platform, the Reserve Bank of India is taking significant precautions. They've alr...
- RBI says fully prepared for 'Mythos' cyber threat; advisories issued to regulated entitiesThe Reserve Bank of India is ready for cyber threats from the Mythos platform. Advisories have been sent to financial entities. The RBI is ...
- Anthropic wants AI development to slow down globally, warns humans could lose control otherwiseIn a long article on its website, titled "When AI builds itself", Anthropic said it would be good to have the option to slow or temporarily...
- Global Market: Fed's Daly dismisses AI as near-term inflation risk amid rising pricesSan Francisco Fed President Mary Daly stated that while Artificial Intelligence may lower prices long-term, it's not a current concern for ...
- Anthropic says AI labs need coordinated plan to halt development if risks riseAI that can build itself would be a major development in the history of technology, but "full recursive self-improvement also might increas...
- India's rise is coming at an important time... because the world needs India, says Jane Fraser, Board Chair and CEO, CitiGlobalisation is changing. It now balances efficiency with resilience and security. This shift benefits India, a nation with strong tech ta...
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