AI ACCOUNTABILITY
AI Can Measure How ESG Really Impacts the Bottom Line
Advances in large language models are making rigorous sustainability analysis dramatically faster and cheaper, allowing investors and other stakeholders to connect companies’ disclosed environmental and social risks directly to financialperformance in a matter of hours rather than weeks. Applying a simple methodology to ExxonMobil, the authors used AI to map sustainability-related issues to specific financial statement line items and estimate their impact on earnings and value, demonstrating both the promise and the limitations of AI-assisted analysis. As these capabilities become widely accessible, the competitive advantage long held by ESG ratings agencies, standard setters, and sustainable fund managers may erode, shifting attention from proprietary scores toward transparent assumptions and financial consequences. Human judgment remains essential to validate AI-generated outputs, but the broader trend is clear: sustainability analysis is becoming more democratized, financially grounded, and adaptable, with significant implications for how investors, regulators, and other institutions assess corporate performance and value creation.
Over half of consumers use AI for wellness, yet concerns over accuracy persist: McKinsey
More than half of consumers use artificial intelligence for wellness, yet 40 per cent of United States consumers worry its advice may be inaccurate, according to a McKinsey report.
China blocks SoftBank's $5.4 billion acquisition of ABB Robotics
China has blocked SoftBank’s $5.4 billion acquisition of ABB’s robotics business, disrupting the Japanese group’s AI-powered robotics expansion. The intervention highlights Beijing’s growing scrutiny of cross-border deals involving strategically important technologies.
China, Hong Kong stocks fall as US tech rout sparks AI bubble fears
Chinese and Hong Kong stocks took a hit as American tech shares slumped overnight, fueling worries about the durability of the artificial intelligence surge. This uncertainty cast a shadow over investor confidence across Asia. Nevertheless, the Chinese mainland market saw some recovery driven by bargain hunters supported by government measures, though analysts caution that tech stocks in China are still at risk from global market changes.
Cashfree opens checkout to AI agents, leaves final say with shoppers
Cashfree has introduced Checkout for Agents, allowing AI agents to assist with online payments. This feature utilises WebMCP technology to simplify the checkout process for AI shopping assistants. Customers still maintain control over final payment authorisation and sensitive information is protected. While AI agents currently represent less than 1% of checkout traffic, Cashfree aims to enhance their efficiency. The company limits agent access to sensitive payment steps to ensure security.
Google sued over suicide-related AI chats on school computer
The parents of a 13-year-old girl have sued Google claiming she planned a potential suicide and funeral using its AI technology on a school-issued computer. Developers of fast-evolving AI technology are facing a litany of similar lawsuits in the US. OpenAI faces several wrongful death suits, including from the parents of 16-year-old Adam Raine, a teenager who committed suicide allegedly using methods advised by ChatGPT. Google and the startup Character.
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AI gains fail to cool rising staff costs at Indian IT services firms
Although artificial intelligence (AI) and automation are changing the traditional labour-intensive model of IT services, they have yet to bring down employee costs for the country’s top six IT services companies—Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTM (formerly LTIMindtree).
QQQ stock today falls over 5%: Why Nvidia (NVDA), Qualcomm (QCOM), Intel (INTC) and Marvell (MRVL) are dragging down Invesco QQQ Trust
QQQ stock: Invesco QQQ Trust fell more than 5% toward $655 on Thursday as investors sold technology and semiconductor stocks following the US midterm elections. Qualcomm's disappointing chip sales and concerns over AI data center spending added to the pressure, even as QQQ increased its holdings in Nvidia, Apple and Microsoft on Tuesday.
Box expands Nvidia partnership, unveils AI workflow builder
Box Context Retrieval, a new search engine built on Nvidia's Nemotron models, will be generally available to Enterprise Advanced customers early next year, the company said.
GCCs ramp up hiring for AI, data, cybersecurity professionals; face talent shortage: Report
India's GCCs are directing a greater share of technology recruitment towards specialists who can deploy AI, manage data and secure enterprise systems, according to the India GCC Tech Talent Landscape - Q2 FY27 Report by staffing and workforce solutions provider Quess Corp.
AI, data, cybersecurity lead tech hiring with 30.3% share in September quarter
In India, the demand for roles in AI, data, and cybersecurity within Global Capability Centers (GCCs) has surged, even amid a slight overall hiring decline. AI and data professional roles saw a 14% increase quarter-on-quarter, while cybersecurity positions grew by 12%. Notably, tier-2 cities like Coimbatore achieved a remarkable 30% growth. By 2030, the GCC workforce in India is projected to reach between 2.7 and 2.8 million.
AI Team of the Year: How high-performing AI teams are driving business innovation
The success of AI adoption significantly hinges on the expertise of the professionals implementing these technologies. Teams that blend technical proficiency with business acumen are essential to guarantee that AI applications align with operational requirements and performance benchmarks. Acknowledgment of their contributions becomes crucial, especially for projects that are pivotal to driving business results.
Google turns off AI for schoolchildren by default
Google has said it will switch off its AI tools for schoolchildren by default, after drawing criticism for pushing artificial intelligence features to students while schools are still debating how the technology should be used in classrooms. The feature was switched on by default for students at schools that had already enabled Gemini.
Democratic victories threaten to slow US data-centre expansion, ease bond yields: ICICI Bank report
The US midterm election results have put 141 GW of planned data-centre capacity at risk of tighter policy restrictions, potentially slowing AI infrastructure investments, while supporting US Treasury bonds, according to an ICICI Bank report.
Central cyber security agency warns banks, NBFCs of AI attacks; I4C reveals how hackers are executing multi-crore frauds
I4C has warned banks, NBFCs and fintech firms about AI-powered cyberattacks that enable hackers to execute fraudulent transactions at machine speed. The agency has flagged multi-crore unauthorised fund transfers, urged financial institutions to strengthen API security and directed them to report cyber incidents to CERT-In and RBI within six hours.
India cybercrime agency warns financial firms on AI attacks
"These attacks are financially motivated and are being carried out with the help of Artificial Intelligence (AI) agents leading to machine speed compromise," the Indian Cybercrime Coordination Centre said in an advisory made public on Wednesday.
AI shopping agents could threaten Amazon and Walmart's ad business
Retail powerhouses Walmart and Amazon are also the world's two largest retail media businesses, dominating the estimated $74.4 billion in US retail media spending with a combined 88% share of that market, according to projections from data firm Emarketer. But digital assistants could soon disrupt that business.
Google hands schools the AI switch as learning concerns grow
Google plans to restrict access to its AI tools for K-12 students, pending administrator approval. This change follows feedback aimed at enhancing control over classroom AI usage. The company is also expanding its Guided Learning feature, which helps students solve problems systematically. Research shows mixed results regarding AI's impact on student performance and learning outcomes.
AMD's OpenAI, Meta chip deals trigger $1 billion quarterly charge
AMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could let it buy as much as 10% of the chip firm if it meets certain milestones. The deal followed a similar agreement with OpenAI last year, giving the startup the option to buy up to roughly 10% of the chipmaker.
How businesses are using generative AI to create content at scale
The integration of generative AI into creative workflows is revolutionizing content production and innovation. Many Indian creators are witnessing enhanced business success and operational efficiency through these tools. Nonetheless, human intervention is vital to uphold brand consistency and quality in the final results. At the ET AI Awards 2027, outstanding organizations leveraging generative AI in their creative practices will be celebrated.
AMD's OpenAI, Meta chip deals trigger $1 billion quarterly charge
AMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could let it buy as much as 10% of the chip firm if it meets certain milestones. The deal followed a similar agreement with OpenAI last year, giving the startup the option to buy up to roughly 10% of the chipmaker.
Here's how two major AI companies are limiting usage of their AI models
OpenAI has enacted new rules that disallow the stacking of paid ChatGPT subscriptions on a single device or payment card. Users hitting subscription caps will encounter an error message, preventing them from activating more subscriptions. Many users have complained about GrokBot's rapidly declining usage allocations. Elon Musk admitted the rising costs are contributing to Grok user dissatisfaction.
India’s small companies need to see AI as more than an artificial promise
India MSME news: India's micro, small and medium enterprises are exploring the adoption of artificial intelligence to enhance productivity. AI is expected to generate significant economic value for these enterprises in manufacturing and services sectors. Various challenges remain regarding the integration of AI into existing workflows and overcoming cost barriers. Collaborative efforts among industry bodies, technology providers, and the government are essential for facilitating this transition.
AI agent Instinct back on WhatsApp after technical issues: Here’s what we know
Instinct, a leading AI firm, faced a brief disruption in its WhatsApp services due to a technical glitch linked to its configuration. This led to confusion among users and sparked rumors regarding Meta's restrictions. Following the resolution of the billing issue, founder Noah Shinn reassured everyone that the services were once again operational. To mitigate future disruptions, Instinct is implementing proactive measures to enhance service reliability.
Accountability tames AI autonomy as DSCI outlines its liability framework
In the framework titled AI Liability: Industry Guidance for Agentic AI, DSCI said assigning liability solely to the organisation deploying an AI system or to an upstream technology provider would be legally flawed. Agentic AI systems involve multiple layers of models, instructions, integrations, tool calls and human decisions, making it difficult to isolate where responsibility lies when something goes wrong.
Pope says 'most urgent' challenge facing AI race is need for institutional ethical framework
The American pope, who has made AI a key priority, said the principles are already known but what is missing are the institutions that can effectively safeguard the global common good.
OpenAI to limit weapons information for teens on ChatGPT in violence-prevention push
The move comes as AI companies face growing scrutiny over the risks chatbots pose to young users and the companies' role in detecting threats of harm.
TRAI releases draft guidelines on responsible AI use in telecom networks, services
TRAI has released draft guidelines for the responsible deployment of artificial intelligence across telecom networks and services, inviting public comments by November 27, 2026. The proposed framework seeks to align the sector's AI adoption with the Centre's India AI Governance Guidelines, focusing on accountability, transparency, fairness and safety.
Pope Leo warns AI agents are 'tools, not persons'
The debate over the risks of the technology has intensified in recent months, fuelled by several incidents of systems taking unauthorized actions and apocalyptic warnings from industry professionals.
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