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2316 articles found
Norway wealth fund CEO warns just using AI for job cuts risks backlash
Norway's massive sovereign wealth fund CEO, Nicolai Tangen, is urging global companies to embrace artificial intelligence for societal progress. He believes AI should be used to enhance productivity and benefit everyone, not solely for reducing workforce. Tangen warns that widespread layoffs due to
Global regulators trail banks in AI as Mythos raises oversight concerns, report finds
Financial regulators are falling behind banks in adopting artificial intelligence. This gap means they lack crucial data on new AI risks. Powerful AI models like Anthropic's Mythos pose significant challenges. Authorities need to adopt AI themselves to effectively oversee these advanced systems. Thi
Zomato parent Eternal’s revenue jumps as Blinkit drives growth
The company posted a profit after tax (PAT) of Rs 174 crore for the quarter, up from Rs 39 crore a year earlier and Rs 102 crore in the December quarter, reflecting a steady improvement in profitability.
Spotify expects profit below estimates as North America, Europe growth slows
Spotify's second-quarter outlook falls short of expectations. The Swedish streaming giant anticipates slower growth in Europe and North America. This forecast has led to a dip in its stock value. The company is investing in AI features and marketing. Spotify expects operating income below analyst es
Cars24 cofounder Gajendra Jangid steps down as CMO
Cars24 cofounder Gajendra Jangid is taking a break from his CMO role. This follows other top-level changes at the company. Cars24 is now aiming for an initial public offering within the next six to twelve months. The company reported strong financial performance in its latest update. This move signa
TSMC projects 70% annual growth in 2nm capacity through 2028
TSMC anticipates substantial growth in its 2-nanometer chip production from 2026 to 2028. The company is also preparing its new A13 process for volume production in 2029. This advanced technology aims to meet the increasing demand for artificial intelligence and high-performance computing. TSMC cont
Founders invest Rs 40 crore in Kissht at a premium days before IPO
Kissht founders Ranvir Singh and Krishnan Vishwanathan invested Rs 40 crore in the digital lending startup at a premium to its IPO price. This move signals strong commitment ahead of the company's planned Rs 926 crore IPO on April 30, aiming for a valuation of Rs 3,062 crore.
Why the NBFC licence matters for MobiKwik
MobiKwik's NBFC licence from RBI allows it to launch its own lending subsidiary, MobiKwik Financial Services Private Limited, moving away from being a lending distributor with other NBFCs. The post Why the NBFC licence matters for MobiKwik appeared first on MEDIANAMA.
Amazon tells its engineers to avoid the 'bleeding edge' in new 6-point AI adoption guidelines
Amazon is formalizing AI integration into its engineering culture with six AI-native tenets. The guidelines aims to optimize AI use without compromising on understanding or traceability.
GPT 5.5 vs Opus 4.7: Which is the Best AI Model Today?
April has been a busy month in the world of AI. Two major AI models, hailing from the biggest AI companies of today, saw their debuts simultaneously. Anthropic was the first to drop Opus 4.7, and close to follow on its heels was OpenAI, which came out with its GPT-5.5. Though the leading models from
Big Tech investors to gauge payoff as AI spending set to hit $600 billion
USA-TECH/RESULTS (PREVIEW, PIX):PREVIEW-Big Tech investors to gauge payoff as AI spending set to hit $600 billion
Lowdown: TRAI flags low deployment under PM-WANI in public Wi-Fi consultation paper
TRAI flags slow PM-WANI rollout, high friction, and weak demand. Its paper proposes Passpoint login, OpenRoaming, UPI payments, and new funding and infra-sharing models to scale public Wi-Fi. The post Lowdown: TRAI flags low deployment under PM-WANI in public Wi-Fi consultation paper appeared first
MacBook prices slashed: These premium Apple laptops are affordable now
Recent price cuts on MacBook models make premium Apple laptops more accessible, with discounts across Air and Pro variants on multiple platforms.
Flipkart 'Sasa Lele' sale dates announced: iPhone 17, Galaxy S25 deals and bank offers revealed
Flipkart's summer sale starts on May 9, 2026, with early access for Plus and Black members on May 8. The e-commerce platform has also announced offers for the sale including a 10% discount on SBI Credit Cards and 15% for Black customers.
Think Like a Monk: 10 quotes from the book on clarity
Discover 10 powerful quotes from Think Like a Monk that inspire clarity and focus, helping you declutter your mind and live with purpose daily.
Google breaks ground on AI Hub in Visakhapatnam
This marks a significant milestone in the company's $15 billion investment over five years to establish a gigawatt-scale AI ecosystem in India.





