AI AGENT FOR GOLD PURCHASES
UPI and AI: 'Buy Rs 500 worth gold if price drops below Rs 16,000/g'; your wish is AI agent's command, and it can make UPI payments at your target price
The P3P AI agent can complete a UPI payment without any human authentication. However, the human still stays in control. Currently, AI agents need a human authentication step, an MPIN, to make any payments. Pine Labs has removed this wall. It builds on UPI’s existing mandate framework - UPI One Time Mandates (OTM) and Reserve Pay.
Agentic AI returns in India poised to grow fivefold to $14.4 million: SAP study
Globally, India ranks second in strategic approaches to AI investment. Reflecting this momentum, Indian organisations plan to invest $25.9 million in AI, with spending expected to rise 45% over the next two years, it said.
TCS partners with Anthropic to deploy Claude across enterprise operations at scale
TCS and Anthropic have partnered to deploy Claude across enterprise operations, from software engineering to customer service, signalling a decisive shift from AI experimentation to large-scale adoption. As AI evolves into an agentic technology capable of executing complex, multi-step tasks, businesses are no longer asking whether to adopt AI, but how to embed it at the core of how they operate. For TCS, this collaboration is a strategic move to lead that transformation on behalf of enterprises worldwide.
OpenAI to acquire Ona to strengthen Codex cloud capabilities
OpenAI is set to acquire Ona, a cloud execution firm. This move will boost OpenAI's Codex platform, enabling AI agents to run complex, long-term tasks in secure cloud environments. The acquisition aims to support growing Codex usage and help enterprises deploy AI in production. Ona's team will join OpenAI post-deal.
If AI agents can act on their own, who is responsible for their actions?
Microsoft CEO Satya Nadella believes businesses should begin treating AI agents more like employees, complete with identities, permissions, oversight, and governance. As AI systems evolve from passive assistants into autonomous agents capable of carrying out tasks independently, a new challenge is emerging for enterprises: accountability.
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Visa plugs its payment network into ChatGPT letting AI agents shop, pay for users
It is not OpenAI's first attempt at e-commerce. The company late last year announced Instant Checkout, which allowed ChatGPT to scour the internet for a specific item like a digital personal shopper. But the process was prone to errors and was not widely adopted by merchants due to the fee that OpenAI was charging merchants. The company retired Instant Checkout in March.
AI gold rush upends San Francisco housing market
In San Francisco, the longtime hub of the US tech sector, fortunes tied to artificial intelligence startups are inflating home prices and fueling a spike in evictions, splitting the city's population into two different trajectories. Whether the home could be bought with shares remains to be seen, but the frenzy around it sparked a larger conversation about San Francisco housing.
Fable 5: Anthropic's latest AI model could transform IT, but at a cost
Anthropic's Fable 5 AI model showcases advanced agentic coding, capable of autonomous complex task completion and outperforming benchmarks. While its power promises to transform IT operations, high compute costs and token consumption may hinder widespread adoption. Experts note its enterprise-grade nature, comparing it to a powerful but costly tool.
How autonomous AI is transforming the future of enterprise innovation
Artificial intelligence is evolving beyond task-based automation toward autonomous systems capable of reasoning, planning, and executing complex workflows with minimal human intervention. As businesses prioritise measurable outcomes and real-world impact, Agentic AI is emerging as a key driver of enterprise transformation. Recognition platforms such as the ET Most Innovative AI Product Awards 2026 are spotlighting breakthrough innovations that are redefining the future of intelligent systems.
Anthropic unveils Claude Fable 5, making a shift toward autonomous AI agents
Anthropic has launched Claude Fable 5 and Claude Mythos 5, introducing a new class of AI models designed for long-horizon, autonomous tasks. The release highlights the industry’s shift toward agentic AI, combining breakthroughs in software engineering and scientific research with stringent safeguards aimed at mitigating emerging cybersecurity and biosecurity risks.
Specs stopped selling smartphones. Intelligence is the new benchmark - A breakdown of Google I/O and Apple’s WWDC 2026
Smartphones are evolving beyond just hardware. Companies like Google and Apple are now prioritizing artificial intelligence. This means phones will understand users better and perform tasks automatically.
Global watchdog calls for tighter controls on agentic AI in finance
The Financial Stability Board (FSB) in a report on Wednesday "strongly" encouraged boards to consider implementing safeguards to mitigate risks from AI, including from "agentic" AI - or those systems capable of planning, reasoning and executing tasks with limited human oversight.
Meta launches business agent AI to automate customer service, sales and business operations
Meta has unveiled Meta Business Agent, an AI-powered assistant designed to help businesses automate customer support, sales, scheduling and other operational tasks. The launch signals Meta’s growing ambitions in enterprise AI and highlights the rise of agentic AI, where intelligent systems move beyond chatbots to manage workflows, customer relationships and business operations autonomously.
India can take the lead in applying AI in industries: SAP CEO Christian Klein
SAP CEO Christian Klein believes India can lead in applying AI to industries like manufacturing and finance, rather than just replicating large language models. He emphasised workforce transformation and sees India's talent, infrastructure investment, and government support as key to its continued tech powerhouse status amidst global AI shifts.
AI not a threat, but opportunity for IT services: TCS chairman N Chandrasekaran
Addressing the concerns that AI could reduce demand for traditional IT services, Chandrasekaran said the market has misunderstood the relationship between AI and technology services. "Far from being a mortal threat, AI is the most significant opportunity yet for TCS and, in fact, for the IT industry as a whole," he said.
India a major growth market for Celonis, says senior exec
The Germany-based company said it already serves 260 global capability centres (GCCs) in India, counting companies such as Mercedes-Benz, Hitachi Energy and AstraZeneca as its clients, and sees a larger opportunity ahead as enterprises try to connect AI systems with operational data spread across departments and software systems.
Apple bets on overdue Siri fix to close AI gap
The revamp, unveiled at its annual Worldwide Developers Conference in Cupertino, California, introduces "Siri AI," a more conversational assistant with a standalone app and the ability to analyze what is on a user's screen and pull in information from the web. The update comes two years after Apple first promised major upgrades that were repeatedly delayed.
Your vote for their prompts: Risk of ‘AI swarms’ automating political movements rises
They said 2026 marked the first year of grand-scale AI adoption in political management, the results of which will likely be visible in 2027 and beyond. “Everyone’s online, everyone has access to AI tools and if right now people are vibe coding $100 million companies, why can’t we be vibe coding political movements?” said Sudhanshu Kaushik, president and CEO of the Centre for Youth Policy.
As Apple's WWDC conference kicks off, investors want to know if AI will save Siri
Apple prepares to reveal its AI advancements. A revamped Siri and new developer tools are expected. This move aims to bridge the gap with competitors. Apple's strategy will focus on practical AI applications for users. The company seeks to integrate AI seamlessly into its devices. This event marks a significant step in Apple's AI journey.
220% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into Rs 3.20 lakh
The Reserve Bank of India has set the premature redemption price for Sovereign Gold Bond 2021-22 Series-III. Investors can redeem these bonds from June 8, 2026. The redemption price is fixed at Rs 15,512 per unit.
Change drivers : creating industry-wide impact
This article highlights individuals driving innovation and trust in various sectors. Shiva Sankeerth Reddy Yarradla is revolutionizing enterprise AI by tackling its core challenges. Prasad Maderamitla is building trust in AI systems at Salesforce. Aaditya Raj Goyal is transforming India's precious metal industry with transparency. Ashish Agarwal is architecting resilient funding ecosystems for businesses.
Saving Siri: After two years of stumbles, is Apple's AI moment here?
Siri debuted in 2011 and is accessible through the bulk of Apple's installed base of 2.5 billion devices, but hundreds of millions of consumers have been chatting with apps from OpenAI and Anthropic instead. In China and elsewhere, consumers are turning to AI agents - bots that can carry out complex tasks on behalf of human users - to manage daily schedules and take care of rote tasks.
AI agents now drive more web traffic than humans — is India any different?
For the first time, artificial intelligence agents have generated more web traffic than humans globally, according to Cloudflare. This shift, driven by the rapid growth of AI agents, means over 57% of HTTP requests now originate from bots, surpassing human activity.
China bets on AI to promote President Xi Jinping's thinking
The project, known as "Xinhua Yudian," meaning Xinhua lexicon, is "an intelligent agent for learning, researching, and disseminating Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era," the company said.
Meta enters enterprise AI race with new business agent
Meta Platforms has unveiled a cutting-edge AI assistant crafted to streamline daily operations for businesses. This innovative tool is capable of handling tasks such as scheduling appointments and finalizing sales transactions. You'll find it integrated into Meta's widely used platforms like WhatsApp, Messenger, and Instagram.
AI agents to become centre of digital life: Qualcomm CEO
Qualcomm envisions a future where autonomous AI agents will manage tasks independently across devices, shifting the digital experience away from smartphones. President and CEO Cristiano R Amon declared 2026 "the year of agents," highlighting AI's evolution from prompt-response to proactive action. These agents will become the new centre of digital life, operating across all connected devices, he said.
After the AI binge, companies balk at soaring bills
Artificial intelligence is becoming more expensive as companies rethink their initial embrace. The era of "subsidized intelligence" is ending, with rising costs for AI agents and computing power. Businesses are now seeking smarter spending strategies, exploring open-source models and specialized AI to manage expenses.
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