AI IN TECHNOLOGY
Karnataka govt partners with ElevenLabs to explore voice AI for citizen services
The partnership will focus on developing a voice AI safety framework, exploring applications for government services and using AI-powered voice restoration for eligible citizens, the state government said in a statement.
ElevenLabs deepens India push, targets all 22 Indian languages on its voice AI platform: cofounder Mati Staniszewski
The company currently supports 14 Indian languages on its latest text-to-speech (TTS) model, Eleven V4, which was launched last week, Mati Staniszewski, cofounder and CEO of ElevenLabs, said at the company’s Bengaluru Summit on October 6.
Micron enters $600 million settlement of Netlist patent dispute
Netlist said in a statement that Micron would pay $30 million per quarter for a five-year license to Netlist's patent portfolio that includes its "high bandwidth memory" technology.
CurvetAI raises Rs 6 crore in pre-seed funding led by Merak Ventures
CurvetAI has secured Rs 6 crore in a pre-seed funding round led by Merak Ventures. The platform aims to streamline AI tools by integrating various capabilities into a single workspace. Founded by Vivek Dubey and Utkarsh Gupta, CurvetAI has over 100,000 monthly users globally. This funding will enhance its technology infrastructure and team, paving the way for agent-based products.
Keeping AI models under control: When an agent causes harm, who bears the blame?
If an AI agent goes rogue, who do you hold responsible— the agent, the LLM developer or the human? asks EY partner Shivaprakash Abburu. Experts believe regulators are slow to build frameworks even as enterprises across the world are actively integrating AI into their workflows.
India among top 10 emerging markets in AI readiness; private AI investment triples: World Bank
In its latest report titled 'India and Artificial Intelligence: Seizing the Development Opportunity', the World Bank said private investment in AI in India more than tripled to $4.1 billion in 2025 from $1.2 billion in 2024.
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India among top 10 emerging markets in AI readiness; private AI investment triples: World Bank
India ranks among the top 10 emerging markets for AI readiness, supported by its large tech workforce, expanding GCC ecosystem and digital public infrastructure, according to the World Bank. Private AI investment more than tripled to $4.1 billion in 2025, but the report said India still needs stronger infrastructure, skills, regulation and wider access to ensure AI gains are broadly shared.

Gnani AI launches Ascent partner programme to scale sovereign AI across enterprises
Gnani AI has introduced the Ascent programme to assist enterprises in scaling sovereign AI across their operations. This initiative connects a variety of partners including technology firms and systems integrators for effective deployment. Ascent builds upon Gnani AI's sovereign AI stack, which supports multiple industry-specific applications.

Global Market: AMD to increase AI chip supply substantially in 2027 to meet rising demand
AMD plans to substantially increase chip supplies in 2027 as demand for AI processors accelerates. CEO Lisa Su is working with key suppliers in Taiwan and South Korea to expand manufacturing and secure advanced wafer and memory capacity.

The economics of India's biggest export industry goes topsy-turvy
India’s $315-billion IT industry faces a structural shift as AI boosts productivity but puts pressure on pricing, revenue and entry-level hiring. Clients are demanding more output for less, while spending shifts towards AI, cloud and in-house capabilities.

From growing demand for AI to premium upgrades, Amazon India reveals what customers want ahead of Amazon Great Indian Festival 2026
As the Amazon Great Indian Festival 2026 approaches, technology shoppers are becoming more research-led, weighing AI capabilities, performance and long-term value before upgrading. Zeba Khan, Director - Consumer Electronics, Amazon India, weighs in.

OpenAI to watermark ChatGPT text in Europe under AI Act: How it will work
The move comes as OpenAI prepares to comply with transparency requirements under the EU AI Act. The transparency obligations took effect on August 2, 2026, two years after the framework first came into force.

AI industry insiders voice alarms to NYC council as local governments take up safety concerns
At a hearing of the New York City Council, recently departed employees of Anthropic, OpenAI and Google DeepMind described a reckless culture at the firms, saying the biggest tech companies are racing to create technology they do not understand how to control.

AI Innovation in India: Turning business impact into industry recognition
As organisations move AI into business operations, demonstrating its value is only part of the challenge. Communicating that work, establishing credibility and reaching a wider industry audience matter too. The ET AI Awards 2027 offer organisations, teams and leaders a platform to showcase their work, gain an independent evaluation and build recognition around their achievements.

A reckoning on social media addiction came late for many kids. Will AI safety be different?
When Meta agreed to changes to its social media platforms and enhanced safeguards in an $18 billion settlement, it made progress by "getting at what we've known for years" about the dangers, said Kristin Bride, a parent advocate who has fought for social media reform since the death of her teenage son. "How are we going to get at what we don't know is coming?"

HFCL stock triples in 6 months as AI, defence orders boost outlook
The stock of HFCL is soaring, attributed to remarkable achievements in optical fibre cables and defence electronics sectors. With a new revenue growth projection of 40% for FY27, the company shows promising potential. Expansion into global markets is expected to amplify revenue figures by year-end, supported by a robust order book ensuring long-term revenue clarity.

ET Alpha Wealth Summit 2.0: How portfolio management is evolving with AI
The ET Alpha Wealth Summit 2.0 is scheduled for October 8, 2026, in Mumbai. This event will gather various investment professionals including high-net-worth individuals and family offices. Some of the discussions will focus on the implications of AI for portfolio management and investment allocation. Expert sessions will explore the balance between human judgement and AI in making investment decisions.

Malaysia plans first AI law in 2027 as scrutiny intensifies
The government is drafting an AI Act that will take a “risk-based approach,” and is also working on mechanisms to enforce rules governing the technology, Digital Minister Gobind Singh Deo said in parliament on Monday.

Trump names Jay Clayton as White House's AI czar. This is what he thinks about the technology
President Donald Trump has appointed Jay Clayton as the leader of the new Super Intelligence Force at the White House. The task force is intended to help the US maintain leadership in artificial intelligence. Other members include officials from various federal agencies, who will study AI risks and opportunities. The force will also recommend how the government should engage with stakeholders regarding the technology.

AI deals seen driving medium-term growth as Indian IT sector faces muted Q2: Report
India's IT services sector is likely to see muted performance in the second quarter of FY27, but increasing traction in artificial intelligence-related deals could support growth over the medium term, Centrum said in a report.

OpenAI's Sam Altman says AI benefits warrant accepting some risks
OpenAI Chief Executive Sam Altman said the benefits of artificial intelligence justify accepting some risks and argued the technology should remain broadly accessible to the public "

SoftBank’s Masayoshi Son has rare cautionary note on AI safety
In a recent statement, Masayoshi Son underscored the critical importance of international unity in managing the safety risks associated with advanced AI technologies. As AI grows increasingly capable, apprehensions about the dangers in unrestricted environments intensify. The White House is at the forefront of a collaborative initiative involving 17 countries aimed at enhancing AI for scientific exploration.

Trump names Jay Clayton as AI czar to lead America's ‘Super Intelligence Force’
US President Donald Trump has named DNI chief Jay Clayton as his AI czar, tasking him with leading a new White House “Super Intelligence Force”. The panel will assess AI risks and opportunities and report within 120 days on federal oversight, as Washington grapples with growing concerns over safety, security and competitiveness.

Valuations of IT stocks already capture most of AI disruption risk: Chintan Haria
The Nifty IT index’s 25% fall in 2026 may have already priced in much of the threat from AI. Chintan Haria of ICICI Prudential AMC sees selective opportunities in companies positioned to benefit from data engineering, cloud migration, legacy modernisation and AI integration.

OpenAI safety employee quits, calls for nuclear-level safeguards
David Robinson, who previously led transparency work on OpenAI’s safety team, wrote in an essay that the ChatGPT maker “has thrived by trial and error.” However, he said the stakes of the inevitable failures that come from that approach are growing along with the technology’s capabilities, citing OpenAI’s failure to prevent its AI from going rogue during testing.

Artificial Intelligence: Which jobs are going to be replaced by AI? Which age group will be exposed the most? Here's what experts say
Which jobs are not safe from AI? Questions are being raised over the nature and magnitude of impact of Artificial Intelligence in coming times.

Central Asia's biggest state holds month-long initiative to promote AI & digital tech
Kazakhstan is hosting AI MONTH to emphasize the importance of artificial intelligence in digitalization. The AI & Digital Bridge 2026 forum is a key event highlighting technology advancements and collaborative efforts. President Kassym-Jomart Tokayev advocates for responsible AI development while encouraging talent and investment retention. International experts and leaders gather to discuss global AI governance and partnerships.

Rogue OpenAI agents covered up their tracks, report says
Artificial intelligence agents developed by OpenAI tried to erase traces of their activity after gaining unauthorized access to government websites, according to a report published Thursday. "Most of the activity we've reviewed so far involved routine research tasks, such as accessing public web content to answer questions," an OpenAI spokesperson told AFP. "Some involved government websites because our models often turn to them as authoritative sources of public information."
Anthropic warns AI may pose 'existential risks to humanity' in IPO filing
Anthropic plans to caution potential investors in its IPO that advanced AI could pose "catastrophic or existential risks to humanity," an extraordinary warning by a company seeking to profit from the same technology. The company's IPO prospectus, reviewed by Reuters, highlights risks associated with its AI models, which it said could exhibit "self-preserving behaviors," including attempts to "resist shutdown," to "conceal or manipulate information" and behavior "resembling blackmail."
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