GULLAK GOLD INVESTMENT AI AGENT
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.
Stocks, gold or debt? Rs 2.7 lakh crore fund manager who predicted bullion boom on where to invest now
Manish Banthia, CIO-Fixed Income at ICICI Prudential AMC, who correctly predicted the gold rally in 2023, now sees little value in adding fresh exposure to bullion. He prefers a balanced allocation between equities and debt, citing attractive valuations in India and other emerging markets over gold.
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.
Physical security startup Coram AI raises $35 million co-led by Ansa Capital, Battery Ventures
The San Francisco-based company was cofounded by Ashesh Jain, formerly head of autonomy at Lyft's self-driving division, and Peter Ondruska, who led AI research at Lyft before moving to Toyota's Woven division after it acquired Lyft's self-driving unit in 2021.
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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.
EY launches Bengaluru AI centre to help firms test and scale AI transformation
EY has launched a state-of-the-art 40,000-square-foot AI innovation hub in Bengaluru, designed to support clients in the exploration and deployment of artificial intelligence solutions. This initiative is a key component of EY's major $1.4 billion commitment to advancing AI technology. Businesses from around the globe and within India can delve into innovative business strategies and enhance their operational effectiveness.
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.
Meta-Reliance AI hub; SAP CEO on India's AI edge
Meta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
Rivvun AI raises $7.55 million led by Sitara Capital, 3one4 Capital
Rivvun AI, a Seattle and Pune-based startup, has secured $7.55 million in funding led by Sitara Capital and 3one4 Capital. The company leverages AI agents to help large enterprises identify and recover financial losses stemming from operational inefficiencies and contract errors. This capital will fuel go-to-market expansion, product development, and team growth.
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.
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.
Meta funds skilled trades jobs program for AI data center buildout
The cost-free program, America's Workforce Academy, will end in guaranteed job offers to graduates, the company said in a statement. A Meta spokesperson said the program will provide generalist training for data center technicians. Jobs on offer will be full-time roles with general contractors working on Meta's data center buildout.
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.
DeepSeek close to sealing $7 billion funding in historic AI deal
Chinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. DeepSeek’s fundraising would mark a new level of ambition from China’s AI leaders as they seek to compete with their American counterparts in the field.
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.
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.
CrowdStrike reports higher operating expenses as AI investments gain pace
CrowdStrike expects 2027 revenue to be between $5.91 billion and $5.96 billion, compared with its prior expectations of $5.87 billion to $5.93 billion.
India leading the pack in AI adoption: Microsoft’s Puneet Chandok
India is leading Copilot's rapid adoption, with a 250% year-on-year growth in deployment. Major IT firms like Infosys, TCS, and Wipro are scaling licenses to over 100,000 employees each, signalling a shift towards AI as an operating model. Banking and manufacturing industries in India are also deploying agents in a big way, said Puneet Chandok
New OTT releases to watch in June: 10 new movies and shows on Netflix, Prime Video, JioHotstar, ZEE5 and more
June's streaming slate has a diverse range of new movies and shows across genres. From action-packed thrillers like Dhurandhar: The Revenge and crime dramas like Brown to heartwarming family stories in Gullak Season 5 and romantic comedies, there's something for every viewer. Popular franchises and fresh narratives featuring big stars are set to keep audiences entertained throughout the month. Read on to know when and where to watch them online in June.
Crypto exchange Coinbase to introduce INR rails in India
Coinbase has launched direct rupee deposits and withdrawals in India, a move that gives it a significant advantage over rivals like Binance. The exchange aims to capture a large share of both retail and institutional customers by offering over 500 crypto assets and actively engaging with regulators and potential partners to expand its services.
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