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Why Goldman Sachs, JPMorgan, Uber are restricting AI access for employees
Goldman Sachs recently restricted most of its employees from using Anthropic’s Claude Code and Microsoft’s GitHub coding tools,Bloomberg reported, citing an October internal guidance. The American investment banking company had earlier allowed employees across departments to experiment with these tools to automate routine tasks, analyse trading activity, and create content.
Why are companies restricting AI access to employees
Goldman Sachs, Uber, JPMorgan and Nvidia are some of the global firms that have restricted their employees’ usage of AI tools
Satya Nadella reinvented Microsoft with the cloud - now, can his AI strategy make it more valuable than Apple by 2027
Microsoft, under CEO Satya Nadella, is aiming to strengthen its AI growth story amidst rising competition. The company is moving from fixed subscription pricing to usage-based billing to better align with AI economics. While Microsoft's Copilot has gained users, its adoption is still below expectations compared to Office 365.
Before Perplexity, Aravind Srinivas built a Twitter search tool that changed his startup's direction
Aravind Srinivas and his co-founders experimented with a Twitter search tool before focusing on Perplexity's web search product. An unexpected response to a feature that summarised social media profiles helped shape their next move, eventually leading to a broader mission centred on knowledge and curiosity.
Satya Nadella owns only a tiny stake in Microsoft; how the CEO built an estimated $1.4 billion fortune
Satya Nadella’s $1.4 billion fortune did not come from owning a large part of Microsoft. The CEO built his wealth mainly through company shares, bonuses and salary over the years. While his personal stake remains small, Microsoft’s growth under his leadership has made him one of the wealthiest executives in technology. Here’s how his compensation helped build his fortune.
Former GitHub CEO launches GitHub rival Entire with India data hosting
Entire is a new developer platform designed to help developers and AI coding agents improve software development processes. The platform features automated code reviews and continuous memory for AI agents, which streamline coding sessions. Entire also offers faster code repository hosting, with speeds significantly exceeding those of GitHub.
Anthropic’s historic IPO filing: Will Anthropic (ANT) stock crash after IPO? Claude maker reportedly targets potential $2 trillion valuation
Anthropic’s IPO could put its stock to the test. The company behind Claude reportedly targets a potential $2 trillion valuation, but its heavy spending and billions in losses raise questions. Will ANT stock hold its value after listing, or could investors rethink the price once trading begins?
From eMudhra to PHP: Breach spree hits tech infrastructure, AI emerges as threat multiplier
Recent cybersecurity incidents have raised concerns among companies and government agencies regarding digital certificates and critical software vulnerabilities. A security breach at eMudhra impacted its global digital certificate business but was managed promptly. Additionally, critical vulnerabilities in PHP temporarily led to the shutdown of various websites for security updates. A supply-chain attack compromised the LiteLLM Python package, affecting its users significantly.
Microsoft now treats AI agents as insiders risks that could go rogue
The company’s new security tools give every AI agent a risk score that keeps updating, and they cut back the agent’s access when that score rises. Microsoft says agents can make mistakes, be manipulated or be compromised, like any other insider.
Birla AI Labs launches Yug-1 to forecast demand and spot patterns in business data
Yug-1 uses what its technical documentation calls zero-shot probabilistic forecasting. It also provides a range of possible outcomes, allowing users to see the uncertainty around a prediction.
Rising AI costs force companies to cap spending, says Goldman Sachs
In ‘Connecting the Dots’ report, Goldman Sachs highlights how businesses are controlling AI bills by setting usage limits, removing tools that increase consumption and turning to smaller AI models.
India must ensure AI benefits reach every citizen, prevent digital divide from widening: Scindia
Union Minister Jyotiraditya Scindia stressed the critical need for responsible AI growth to ensure equitable access for everyone. He highlighted the staggering 2.2 billion individuals still lacking internet access, warning of a possible AI gap in the future. India's initiatives like the IndiaAI Mission focus on affordable tech and improving digital infrastructure, while the AI for Good Lab aims to boost skills and readiness, prioritizing public safety.
Chinese AI tool pulled to prevent 'misuse' after South Korea hacks
In light of alarming bank hacks, the Chinese AI cybersecurity tool Artex has been taken offline. Major data breaches affecting tens of thousands of clients have been reported by South Korean banks. The developer has opted for a closed-source model. Investigations hint at a financially-driven individual in China being behind the attacks, raising concerns about the risks of open-source tools in the cybersecurity realm.
Chinese developer makes ARTEX AI agent closed-source after Korean bank hack
The Chinese developer of ARTEX said they have converted the AI agent to a closed-source project after cybersecurity firms identified it as a tool used in a recent cyberattack campaign against South Korean banks.
Microsoft pushes AI vision with new, expensive Surface laptop
Microsoft is pushing a "hybrid intelligence" future with a new Surface Ultra laptop that runs on Nvidia artificial intelligence (AI) chips and will cost more than $2,500, the company announced Wednesday. The new Surface Ultra will use Nvidia's state-of-the-art AI chip, RTX Spark, which the semiconductor giant announced earlier this year.
OpenAI’s math breakthrough is here, but is it really helping mathematicians?
OpenAI says its AI model is helping push mathematics into new territory. But the results have also started a debate among mathematicians. They want to understand how the work was produced and how it can be used. There are also concerns about who gets access to powerful AI tools and enough computing power.
Twitter cofounder Jack Dorsey's app Bitchat removed by Apple in India
Apple has removed Jack Dorsey-backed offline messaging app Bitchat from its India App Store following a government takedown order under Section 69A of the IT Act.
Lessons from Chinese AI Firms on Owning Customers’ Habits
As U.S. AI firms compete in an escalating race for superior models, bigger benchmarks, and more advanced features, Chinese companies are pursuing a fundamentally different strategy: embedding AI into users’ everyday habits. The authors argue that this “habit moat” approach may prove more durable than competing on raw capability alone. Whereas Western firms position AI as a destination consumers consciously visit, companies like Alibaba integrate AI into existing routines such as shopping, payments, food delivery, and travel booking, reducing friction until using AI becomes automatic behavior. Once AI capabilities become “good enough,” marginal technical improvements matter less than becoming the default path through recurring customer tasks. The authors outline four strategic imperatives for Western leaders: focus on behavioral cues rather than feature gaps, subsidize customer behavior instead of subscriptions, embed AI invisibly into existing workflows, and optimize for repeat usage rather than first-time adoption. The central warning is stark: AI may not replace employees first—it may instead capture the critical customer moments businesses currently own.
Microsoft integrates Word, Excel deeper into Copilot
On the billing side, a Copilot subscription for $30 per user per month provides access to basic AI features, such as data analysis or document drafting. "That is the AI that you should give to everyone" in your company, Andreou said.
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