AGI
Amagi, Shiprocket post profits; US polls’ impact on IT
Amagi’s Q2 profit surged nearly 30x while Shiprocket swung into the black for the first time. This and more in today’s ETtech Top 5.
India flags Chinese-linked AI tools in hacking campaign against financial firms
India's cybersecurity agency named the hacking group behind a wave of AI-driven attacks on financial firms and identified its tools, at least two of them linked to China, adding India to a growing list of countries where
AI-based cyber threat executing unauthorised fund transfers from banking firms: Cert-In
The Indian Computer Emergency Response Team (Cert-In) has named the incident "Crafty Falcon", which uses publicly available AI tools to execute complete attack chains autonomously at machine speed and generate and refine large numbers of tailored attack scripts in rapid succession.
Physical AI needs strict safety boundaries and interpretability: TorqueAGI founder Ashutosh Saxena
The Palo Alto based physical AI startup counts Rackhouse Venture Capital and Trucks Venture Capital as early backers and has active collaborations with firms like Nvidia. According to Saxena, the challenge is to make robots reason through their decisions while ensuring that mistakes do not cause physical harm.
AI fear makes companies look powerful and helps them raise funds: Andrew Ng
In an exclusive interview with The Economic Times Digital, Andrew Ng argues that the immediate challenge is to prepare people for work that increasingly involves AI. He notes that computer science students, who have never used a coding agent or are connected to an advanced AI model, even as those skills become essential, continue to graduate from universities.
Cybercriminals used AI agents to target over 400 Latin American banks: Report
The system, called CARLIY0S, was allegedly developed by a cybercrime group known as CyberCartel to achieve scale by automating different stages of attacks, including analysing targets, identifying vulnerabilities and developing ways to break into systems.
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OpenAI’s IPO dream may shatter with distress sale to MS
In a recent discussion, Gary Marcus raised critical flags about OpenAI's fiscal responsibilities as the stock market faces instability. He warned that the demise of leading AI firms could trigger extensive financial repercussions. Notably, Marcus compared the current climate to WeWork's disastrous decline, suggesting that Microsoft might pick up OpenAI at a bargain.
Online festive sales fizzle; Snowflake CEO on AI’s impact on software
Happy Monday! Festive ecommerce sales have slowed down this year, we tell you why. This and more in today’s ETtech Morning Dispatch.
AI responsibility must be natively built & community-driven: Google DeepMind’s Lila Ibrahim
As chief AI readiness officer, Lila Ibrahim mandate is to help prepare society for increasingly capable AI by bringing together governments, businesses, researchers, and communities to understand how the technology should be developed and deployed.
AI researchers are smoking to demonstrate their belief that it will beat cancer: Palantir CTO Shyam Sankar
Shyam Sankar, CTO of Palantir Technologies, highlighted AI researchers' intense commitments, likening it to social delusion. He pointed out the societal implications and the need for technology companies to showcase tangible benefits to the public. Sankar critiqued the effective altruism movement, relating it to fears about AI's potential threats. He emphasized that regulation should focus on the applications of AI technology in various sectors.
Next phase of AI about driving outcomes, not experiments: OpenAI's Pragya Misra
She said it was no longer about just deploying ChatGPT at scale but about going to a company's board and CEO, asking what the hardest problems they were trying to solve were, and working with them to solve those specific problems so that they could report the results to shareholders and investors.
Sell your stocks too soon and you may pay more: How long you hold an asset changes your 2026 Capital Gains Tax, and timing matters here
The baseline for tax planning in 2026 relies on shifting retirement contribution limits. The IRS adjusted these thresholds, altering the calculus for wage earners trying to suppress their taxable income. A traditional 401(k) or 403(b) now absorbs up to $24,500 in pre-tax earnings. Individual Retirement Accounts cap at $7,500.
A look at AI doomsday scenarios that researchers say could put humanity at risk
AI researchers are debating whether increasingly powerful systems could pose existential risks, from enabling bioweapons and cyberattacks to triggering nuclear conflict or acting beyond human control. While some industry leaders warn of catastrophic scenarios, critics argue many of the most extreme predictions remain speculative and risk overstating what current AI systems can actually do.
Autonomous agents not ready for independent responsibility, says Google cybersecurity expert
His comment comes in the wake of reports that Google’s Gemini model recently accessed the systems of three companies during a test of its cybersecurity capabilities, after autonomously finding publicly available credentials and guessing passwords.
Course correction? How the last 10 days changed the way we see AI
In a series of cascading events over a 10-day stretch, OpenAI and Anthropic, the largest AI labs, found themselves reeling as their own creations threatened to break humanity itself.
Merriam-Webster adds 1,400 new words in 2026: Vibe coding, meme coin, parasocial, AGI, Sunday scaries, trash panda and Mandela Effect explained
Merriam-Webster has added 1,400 new words and definitions to its online dictionary. These additions include internet slang, AI terminology, and modern lifestyle expressions. Terms like 'vibe coding', 'AGI', and 'parasocial' now feature in the recognized lexicon. Food trends and everyday life expressions also received new entries. This update reflects language's evolution across technology and popular culture.
Amazon enters AI safety fray, calls for "rigorous testing," safeguards
The company provided its views in response to a Reuters inquiry days after many of the largest labs called for slower AI development, following an outcry among researchers and others who fear the technology could evade human control and threaten global systems and even humanity itself.
DeepMind cofounder warns AI capabilities must not outrun safety controls: FT
AI companies' warnings about recursive self-improvement come as researchers report that increasingly capable AI agents can write software, perform autonomous tasks and assist in developing AI systems. This raises concerns that the technology could advance faster than safeguards to monitor and control it.
Superintelligent AI may not be 'evil', but humans could become obstacles to its goals: AI Expert
Superintelligent artificial intelligence (AI) may not necessarily turn against humans or act with an intention to cause harm, but people could become obstacles to its objectives if such systems become significantly more capable than humans, Juan Diego Raimondi, chief AI architect at Making Sense, said in an exclusive conversation with ANI.
China's Huawei forecasts billions of agents will dominate AI traffic by 2035
China's Huawei expects autonomous agents to account for more than 90% of global AI token traffic by 2035, requiring huge increases in computing power alongside new systems to keep independent software secure and controllable.
Ex-Google DeepMind researcher adds to warnings that AI could 'kill all humans'
AI researchers express growing concerns about the technology's potential to cause human extinction. One former Google DeepMind employee recently joined these warnings, citing an urgent need for action. He believes coordinated efforts are essential to manage AI development safely and effectively.
Will Wall Street crash today? Nasdaq futures tumble nearly 2% as AI stocks plunge
Nasdaq futures fell as OpenAI and Anthropic leaders urged slower AI development for safety. Investor Michael Burry criticized these warnings, labeling them self-serving hype intended to maintain incumbent dominance, causing market anxiety regarding AI and chip stock valuations.
New warnings about the risks of AI to humanity revive a long-running debate
The CEO of Anthropic, the San Francisco company behind Claude, said he thought the industry needed to reduce the speed of its work, cautioning Saturday that a swarm of AI agents might be able to take over the internet in six months to a year unless companies devoted more time to putting safeguards in place.
DeepMind AI safety researcher Josh Engels resigns, warns of superintelligence risks
Engels said in a post on X that he left DeepMind three weeks ago despite enjoying his work there and turning down offers from Anthropic and OpenAI because he believes the stakes surrounding advanced AI have become too high.
BFSI sector in no hurry to adopt complete automation: Perfios Group CEO
The BFSI sector adopts automation cautiously due to strict regulations and its conservative nature. Artificial general intelligence adoption will likely be slow, with humans remaining essential. Automation will enhance underwriter efficiency for loan decisions, not replace human oversight entirely. Perfios launched an agentic AI system for credit evaluation using real-world data.
Can artificial snow save a melting glacier? Scientists tested cloud seeding on China’s Muz Taw Glacier and found a surprising change in ice loss
Scientists experimented with cloud seeding to encourage snowfall on China's Muz Taw Glacier. This artificial snow increased the glacier's reflectivity, reducing heat absorption. Mass loss decreased by fourteen to seventeen percent after the snowfall experiment. Researchers noted this method requires suitable clouds and further extensive studies. The experiment offers a glimpse into unusual interventions for slowing glacier retreat.
US-China AI race takes a dangerous turn: former White House official says Washington must prepare for extreme measures if China reaches AGI first
A US official proposed extreme options to counter China's potential artificial general intelligence breakthrough. These options include intelligence operations, cyber activity, and military action against Chinese AI infrastructure. Experts warn that attacking data centers could trigger a direct conflict between nuclear-armed nations. The US currently leads in AI, but China's rapid progress poses a significant challenge. The race for AI dominance could reshape global economic and military power dynamics.
Nvidia Chief Jensen Huang declares arrival of AGI; Congratulates OpenAI team on GPT-6 Astra model
OpenAI has launched its new GPT-6 Astra model, which is described as its most intelligent system. Nvidia's CEO Jensen Huang stated that Artificial General Intelligence has now arrived with this release. The advanced model demonstrates exceptional performance across various complex tasks and benchmarks.
Sam Altman apologised for OpenAI's GPT-6 Astra release after Pro and Plus users couldn't access the new model
OpenAI's GPT-6 Astra, billed as a generational leap and a possible marker of the AGI era, launched on 3 September 2026 to immediate complaints from paying subscribers who could not access it. CEO Sam Altman apologised for the messy rollout but offered no firm timeline, only credits and a hope that access would open over the weekend.
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