AI DEVELOPMENT

Ode to a compassionate algorithm: Philanthropists are backing AI for public good

From Flipkart’s Binny Bansal to Chrys Capital’s Ashish Dhawan and Karishma Sanghvi of Sun Pharma, a growing number of entrepreneurs are writing cheques for AI that can diagnose diseases, empower teachers, modernise courts and strengthen public services, betting that the technology can create social returns as significant as commercial ones.

AI demand unlikely to be derailed by Nvidia CEO controversy: Taiwan supply chain executives

Global demand for artificial intelligence (AI) is expected to remain strong despite the controversy surrounding Nvidia Chief Executive Officer Jensen Huang, with Taiwan's semiconductor supply chain sources expecting limited long-term impact on the industry, according to a news report by Focus Taiwan.

From streaming to software, microdrama startups rewrite their growth pitch

Peak XV Partners-backed Dashverse has discontinued its consumer platform DashReels and is looking to raise $30-40 million, largely for Frameo AI, its video production software for businesses. Eloelo, which raised $80 million this week led by Hornbill Capital and NBCUniversal, is investing in Dolphin AI, its new production suite, alongside content creation and international expansion.

Disney, Adobe to co-develop custom AI models tailored for media giant

The move, announced Monday, will start with speeding up project development timelines at Disney's Experiences division, home to its global theme parks, resorts and cruise lines, and for concept exploration at StudioLAB, the innovation hub within Walt Disney Studios.

Enterprise data intelligence platform SplashBI opens GCC in Hyderabad, to invest over $100 million

The company plans to invest over $100 million over the next five to seven years in infrastructure, technology and talent to scale the Hyderabad centre and strengthen its global product engineering and delivery capabilities, a release said.

McKinsey warns AI-driven analysis could slow decision-making, weaken future leadership pipeline

As artificial intelligence evolves, it accelerates business analysis, posing new challenges for decision-makers. The rapid generation of insights can overwhelm leaders, creating strategic risks, as highlighted by McKinsey. Their findings stress that while analysis speeds up, human judgment remains vital for decision-making. To thrive, organizations must enhance their capacity for human oversight, ensuring a balance between AI advantages and critical executive judgment in strategic operations.

UBS CEO says AI investors had been pricing for 'perfection' until sector's sharp correction

UBS Chief Executive Sergio Ermotti commented on the recent downturn in AI stocks, attributing it to unrealistic expectations. He expressed optimism about the economic potential of AI, but cautioned that the timeline for advancements may be overstated. Recent US midterm elections raised concerns about stricter regulations impacting the AI sector's growth.

India's ChatGPT boom faces a reality check as free AI use meets rising costs

India has emerged as ChatGPT's largest market, driven by its vast digitally connected population and widespread access to free AI services. However, as AI infrastructure expands and computing and energy costs rise, companies face the challenge of recovering investments. Convincing price-sensitive Indian users to pay for AI remains difficult.

Anthropic wants to create new billionaires through its IPO, but American voters are growing tired of Big Tech's wealth explosion

Anthropic is preparing for a significant IPO amid growing public resistance to AI-related infrastructure projects. Investors are discussing a valuation between $1 trillion and $1.5 trillion for the Nasdaq listing. Communities express concerns over environmental impacts and rising electricity costs linked to data centres. Public sentiment is shifting against technology companies, raising questions about economic benefits versus local costs.

Mark Zuckerberg and Priscilla Chan’s 10-year-old daughter vibe-codes several creations, including a messaging app, apps similar to GeoCities and a game inspired by FarmVille, with each project also featuring its own marketing and sales plan

Maxima Zuckerberg, daughter of Mark Zuckerberg and Priscilla Chan, is interested in artificial intelligence and software development. She is currently experimenting with vibe-coding, which uses natural language to create software with AI tools. While her parents support her enthusiasm, they have imposed restrictions on developing online projects. Priscilla Chan specifically did not allow Maxima to create a dating website due to safety concerns.

Meet Walmart’s 4 AI Super Agents | Walmart CTO Suresh Kumar

Tech billionaires in Democrats’ crosshairs: Who could face congressional probes? Here’s the hit list

Elon Musk, Mark Zuckerberg, Jeff Bezos and other tech leaders could face congressional investigations as Democrats prepare to take control of Congress in 2027. Their scrutiny could focus on ties to Donald Trump, political influence, AI development, data center expansion and the industry's impact on American jobs and communities.

Activists breach Microsoft data centre construction site as protests spread in Europe

Activist groups have announced actions in 16 countries on Friday and Saturday, according to the "Stop Dirty Data Centres" coalition, which is rallying environmental groups and digital rights campaigns behind calls to pause large-scale construction.

Apple opens Siri AI to all developers: Here’s what you need to know

Apple has launched a Developer Preview of Siri AI for developers across multiple operating systems. This integration facilitates enhanced user interactions, allowing apps to utilize features like App Intents for task management and app skills for managing complex tasks. However, Siri AI remains unavailable in the European Union due to regulatory obligations, and its usage is restricted to individuals over 13 years old.

SoftBank credit default swaps hit 4-year high as AI profitability concerns mount

SoftBank Group’s five-year credit default swap spread climbed to a four-year high as investors grew increasingly concerned about the profitability of artificial intelligence investments. Rising borrowing costs, questions over returns from its OpenAI investment and uncertainty surrounding AI infrastructure spending have added to credit market concerns.

Anthropic is rapidly accelerating AI development amid slowdown calls, outside research group says

Anthropic invited researchers from the Berkeley, California-based nonprofit, Model Evaluation and Threat Research, to review its internal data and interview staff as it prepares for its Wall Street debut with debate swirling over the potential for AI models to elude human control with catastrophic consequences.

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.

Sam Altman on why India is optimistic about AI, while the US is sceptical

Sam Altman, CEO of OpenAI, recently praised India's swift embrace of AI, identifying it as ChatGPT's largest market. He observed that Indian users are innovatively utilizing AI to address challenges and foster entrepreneurship. In stark contrast, Altman noted the prevalent scepticism toward AI in the United States. He also raised alarms about the dangers of unchecked AI advancement, stressing the need for diversified efforts to avoid a concentration of power.

Human control must set limits on superintelligence, says OpenAI's Sam Altman

OpenAI Chief Executive Officer Sam Altman has said that human control over the future must remain a fundamental condition for artificial intelligence (AI) development, arguing that people should not surrender decision-making power to increasingly advanced AI systems.

India’s professionals keen to sharpen AI skills, see productivity gains

Nearly 97% of Indian professionals are willing to develop their AI skills, while 88% expect the technology to improve productivity and efficiency, according to Michael Page India’s Candidate Pulse Report 2026, based on a survey of 3,401 professionals across 11 APAC markets, including 2,550 in India.

Vultr eyes 1 GW India capacity by 2029

Further, the company said it has hired more than 100 people in India over the past three months and plans thousands of additional hires in network engineering and operations by March. It also added that the Chennai workforce could eventually reach 5,000 as the facility becomes operational and services expand.

Abu Dhabi's ADNOC, G42 sign deal with OpenAI as Sam Altman travels to UAE

ADNOC has officially partnered with OpenAI, marking a groundbreaking step for the energy sector as it becomes the first to leverage OpenAI's cutting-edge AI capabilities. This collaboration seeks to tackle significant energy challenges, as emphasized by CEO Sam Altman. OpenAI's expanding influence in the UAE continues with further agreements, demonstrating its commitment amidst ongoing geopolitical issues, highlighted by key oil executives participating in a recent conference.