ARTIFICIAL INTELLIGENCE
Human-centric technology at heart of India's AI ambitions: PM Narendra Modi at Bharat Innovates 2026
Prime Minister Narendra Modi emphasised India's "technology for humanity" approach at Bharat Innovates 2026 in Nice, aligning with India's vision of "AI for all." French President Emmanuel Macron echoed this, advocating for ethical and responsible AI development, cautioning against power concentration.
'Shared ambition of reliable, open, safe AI': Macron at Bharat Innovates seeks ethical use of AI
French President Emmanuel Macron urged against AI monopolisation and called for international cooperation, emphasising India and France's shared commitment to ethical and responsible AI development. The leaders jointly inaugurated 'Bharat Innovates 2026' in Nice, showcasing deep-tech startups and fostering collaboration in innovation and technology for global good.
CEA Anantha Nageswaran says AI stock valuations definitely in a bubble
India's Chief Economic Advisor V Anantha Nageswaran warns that artificial intelligence stock valuations are a bubble. He believes the narrative around AI's productivity gains and impact on jobs is exaggerated. Global investors have poured billions into AI-linked companies, driving record valuations for firms like Nvidia. Concerns are rising about a potential market correction as investor positioning becomes crowded.
Amazon to expand automation use in inventory management at India fulfilment centres
In an interview with PTI, Amazon Robotics Chief Technologist Tye Brady said the company already uses several automation solutions in its Indian fulfilment network and remains committed to investing in the market, where it has announced significant long-term capital commitments.
World's first trillionaire: SpaceX premium debut briefly hands Elon Musk historic status
Elon Musk briefly touched a trillion-dollar net worth as SpaceX shares surged on its Wall Street debut, though his wealth later settled below that mark. The rocket company's IPO positions it among the largest US-listed firms, with Musk reiterating his ambition to take humanity to Mars and beyond.
How a 22-year-old Indian techie dropped out to build an AI startup
A 22-year-old Indian entrepreneur, Kinjal Nandy, has secured significant pre-seed funding for his AI startup, Sonatic, at a ₹191 crore valuation. Backed by prominent Silicon Valley investors, Nandy left Cornell University to focus on developing adaptive AI systems that assist users beyond simple prompts, aiming to shift workflows towards outcomes.
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Laid off by Amazon and Microsoft in 3 years, techie shares the golden rule for surviving AI-era job loss
After being laid off by Amazon and Microsoft within three years, tech professional Dave Lewis was forced to rethink his career path in an industry increasingly shaped by artificial intelligence. The former Google employee eventually joined an AI startup after deciding to focus on roles that align with emerging technologies and long-term growth. His story comes at a time when AI-related layoffs are rising.
Global space leaders to gather in Delhi next week for India Space Congress
New Delhi will host the India Space Congress 2026 from June 15 to June 17. Policymakers, diplomats, and industry leaders from over 25 countries will attend. The event will focus on India's ambition to build a USD 44 billion space economy by 2033. Discussions will cover technology, policy, and investment.
Ukraine's defence AI chief predicts 'new paradigm' of warfare
Ukraine's military is integrating artificial intelligence into its defense systems, anticipating a future "war of operating systems" with Russia within three to five years. AI is already enhancing drone operations, combat planning, and data analysis, with a goal to unify weapons and data into a single, coordinated network. This technological race aims to accelerate decision-making and gain battlefield advantage.
Some German firms see AI reducing need for degrees, Ifo says
The survey also showed that about 15% of the companies surveyed deemed it easy to replace experienced employees with AI-enabled staff with less experienceThe survey also showed that about 15% of the companies surveyed deemed it easy to replace experienced employees with AI-enabled staff with less experience
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.
UAE launches major digital upgrade for students and universities
The UAE's Ministry of Higher Education is launching a major digital overhaul, consolidating 38 services into 18 streamlined offerings and boosting AI use. This initiative aims to simplify student and university experiences via a unified platform, enhancing efficiency, personalization, and accessibility.
Geopolitical crises, economic cooperation, artificial intelligence to be key focus areas of G7 meet in France: Sources
The 52nd G7 Summit in Evian, France, will focus on geopolitical crises, economic cooperation, AI, and developmental partnerships. Discussions will include Ukraine, Middle Eastern countries, and global imbalances with invited nations like India. Key themes are concrete measures, reconvergence, and international action on ongoing crises.
Gulf countries act as propellants for SpaceX IPO as billions flow in
Saudi Arabia's Public Investment Fund and Kuwait Investment Authority have each placed orders for shares worth $1 billion to $5 billion, the people said, asking not to be identified discussing confidential information. The $580 billion Qatar Investment Authority is also likely to make a significant commitment, the people said.
Weis Markets rolls out Instacart's AI-powered caper carts to reinvent in-store shopping
Weis Markets has partnered with Instacart to launch AI-powered Caper Carts, bringing smart shopping cart technology to select grocery stores. Featuring computer vision, digital coupons, loyalty rewards and real-time spending updates, the initiative highlights how artificial intelligence in retail is reshaping the in-store shopping experience and driving the next phase of retail innovation.
AI risks are here, time for tough rules: Anthropic CEO Dario Amodei
As artificial intelligence grows more powerful, governments must move beyond transparency measures and introduce stronger regulations to address emerging risks, according to Anthropic CEO Dario Amodei.
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.
Chinese hackers pose biggest espionage threat to tech firms, CrowdStrike says
China-linked hackers presented the largest espionage threat to technology firms in the past year. This surge coincides with significant investments in artificial intelligence. The technology sector remains a prime target for foreign governments and cybercriminals. North Korean, Russian, and Iranian hacking groups also pose threats. Financially motivated cybercriminals also increased their targeting of tech firms.
Which AI products are actually delivering results? The innovations defining enterprise AI in 2026
The AI era has moved from potential to proof. In 2026, the products that matter are not the most complex; they are the ones delivering measurable productivity gains, revenue growth, and real business impact. The ET Most Innovative AI Product Awards 2026 recognizes the solutions turning AI ambition into enterprise outcomes.
Paytm plans 10% staff increase in AI pivot, to lay off 400
The increase would mark a roughly 10% increase in its headcount that stands at about 40,000 employees. Paytm is also laying off 1% of its staff, or about 400 people, after the current performance appraisal cycle, a company spokesperson said. The cuts follow more substantial reductions in the previous year.
New AI app uses Gmail, Photos and Calendar data to generate personalised daily stories
Google Labs has launched Dreambeans, an experimental AI app that uses information from Gmail, Calendar, Photos, YouTube and Search to generate personalized daily stories and recommendations. The launch reflects a broader shift towards proactive, context-aware AI experiences designed to help users discover relevant insights, interests and activities based on their everyday lives.
Applied Digital signs $5.2 billion AI data center lease with US hyperscaler
Major technology companies are raising their spending on data centers to support powerful artificial intelligence models, boosting demand for electricity, computing capacity and specialized facilities.
Italy regulator drops investigation into Meta's WhatsApp AI bot
Italy's competition watchdog has closed its inquiry into Meta Platforms. The investigation concerned allegations of Meta abusing its dominant position. This involved installing its artificial intelligence tool on the WhatsApp messaging service. The Italian regulator, AGCM, decided to halt its probe. This action was taken because the European Commission has broadened its own investigation.
Apple expected to unveil new AI features at last developers conference with CEO Tim Cook
Apple's developer conference begins Monday. New artificial intelligence features are expected. Siri may become more conversational and capable. Hints of new foldable, wearable, and smart home products could emerge. This comes as Apple plays catch-up in AI. CEO Tim Cook will step down in September. John Ternus will take over. This marks a significant transition for Apple.
AI isn’t just for large enterprises: Xebia's Anand Sahay on why MSMEs could be AI’s biggest winners
As India accelerates its sovereign AI ambitions, the focus is shifting from infrastructure to outcomes, how businesses can harness AI to improve productivity, efficiency, and competitiveness.
The Chennai-born architect behind Trump’s AI push is leaving the White House
In a noteworthy development, Sriram Krishnan, an influential strategist behind Donald Trump's AI agenda, will be leaving his position at the White House. His next endeavor aims to confront critical artificial intelligence issues that impact America and its allies.
Artificial Intelligence no longer speculative technology but an operational reality: Chief Justice of India Surya Kant
India's Chief Justice Surya Kant states artificial intelligence is an operational reality. It presents a major challenge for international law. Decisions made now will define technology's role in power, freedom, and justice. He adds that the central challenge is the human authorship over the principles that govern AI. AI can aid justice administration by improving efficiency and access, says CJI. However, it also unsettles traditional legal concepts like sovereignty.
5,100 employees won't get salary hikes as Tech CEO says company is spending on AI instead
Teradata salary hike 2026: Cloud software company Teradata has decided to freeze annual salary increases for its 5,100 employees in 2026 as it redirects those funds towards expanding its artificial intelligence capabilities. The move underscores the growing competition in the AI race, with companies prioritising technology investments to drive future growth. While employees may still be eligible for performance-based bonuses and other incentives, their fixed salaries will remain unchanged during the year.
ET's Most Innovative AI Product Awards 2026: Celebrating the breakthroughs shaping the future of Artificial Intelligence
The ET Most Innovative AI Product Awards 2026 recognise category-defining AI innovations across foundational models, multimodal intelligence, deep-tech AI, and autonomous systems. This prestigious category honours products that are not merely advancing artificial intelligence but expanding the boundaries of what the technology can achieve.
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