Everything posted by Vishwadeep Khatri
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AI News from ET - Canada says AI strategy will help create 250,000 jobs, boost GDP by 3%
Canada has unveiled a new artificial intelligence strategy. This plan aims to create 250,000 jobs by 2031. A new C$500 million tech fund will support homegrown AI firms. The government expects this strategy to boost the country's GDP by 3%. This initiative will also help small and medium-sized businesses access AI tools. New consumer privacy legislation is also planned. View the full article
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AI News from ET - CrowdStrike shares fall as 'Mythos moment' fails to cheer investors
CrowdStrike shares dropped significantly on Thursday. This happened after the company's financial outlook did not meet high investor hopes. Demand for cybersecurity software remains strong, boosted by new AI models. Analysts suggest some investors may have taken profits after a recent surge in CrowdStrike's stock price. Other cybersecurity firms also saw their stock values fluctuate. View the full article
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AI News from ET - India leads global AI adoption at work: BCG report
India leads the world in using AI at work. Employees and managers are adopting AI tools widely. This adoption boosts job satisfaction significantly. Many believe AI agents will handle half their tasks soon. Organizations focusing on AI integration see better business results and happier staff. This shift is reshaping the future of work. View the full article
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AI News from ET - Broadcom set to shed $300 billion in value as AI results fail to impress
Broadcom shares dropped significantly after its AI chip business results missed high expectations. This decline affected other chip companies too. Despite the setback, Broadcom's long-term AI revenue forecast remains strong. Analysts are watching closely as the company navigates increased competition and investor sentiment. View the full article
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AI News from ET - Amazon unveils upgraded autonomous robot Proteus, expands Amazon Now in UK
Amazon unveiled its next-generation autonomous robot, Proteus, designed to automate heavy lifting tasks and respond to natural language commands. This advancement is part of a significant €10 billion investment to enhance European fulfillment operations and expand its 30-minute delivery service, Amazon Now, to more UK cities. View the full article
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AI News from ET - Intel CEO unveils AI innovations and partnerships at mega tech event in Taiwan
Intel unveiled new AI-focused technologies, strategic collaborations, and next-generation processors at Computex 2026. The company announced a Rack Scale AI infrastructure platform combining Xeon processors with SambaNova's units, alongside partnerships for industry-specific AI solutions and the launch of its Xeon 6+ processors. These advancements aim to strengthen Intel's AI presence across various sectors. View the full article
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AI News from ET - South Korea's LG Group to adopt 10,000 Nvidia GPUs, Maeil says
The GPUs are expected to be used to train AI by LG's AI research centre and a humanoid robot being developed by LG Electronics, Maeil said.The GPUs are expected to be used to train AI by LG's AI research centre and a humanoid robot being developed by LG Electronics, Maeil said. View the full article
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AI News from ET - Nvidia starts shipping TSMC-backed CPO switches to tackle AI data centre bottlenecks
Nvidia Corp. on Wednesday announced that it has started shipping its next-generation co-packaged optics (CPO) switches, developed in collaboration with Taiwan Semiconductor Manufacturing Co. (TSMC), as the U.S. tech giant seeks to address data transmission and power consumption challenges in AI data centres, according to a report by Focus Taiwan. View the full article
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AI News from ET - Perplexity CEO outlines multi-model AI vision in Taiwan event
Speaking during Intel CEO Lip-Bu Tan's keynote session at COMPUTEX 2026 on Tuesday, Srinivas described Perplexity Computer, launched earlier this year, as a system that can use up to 20 AI models and orchestrate tasks across different tools and files. View the full article
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AI News from ET - AI companies are barreling toward huge Wall Street debuts. A look at the biggest players
From Anthropic to SpaceX to OpenAI, tech giants are looking to take their shares public to access more capital in the race to shape the technology's future. View the full article
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AI News from ET - Meta repeatedly pushes back new AI model release for developers
Meta's new Muse Spark AI model API launch is nearing. While plans were pushed back, the company is now testing with early partners. Meta AI Chief Alexandr Wang confirmed the API is coming soon. This move signals Meta's strong ambition to compete with AI leaders like OpenAI and Google. The release is anticipated this month. View the full article
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AI News from ET - TSMC boss upbeat on outlook as AI boom shows no sign of easing
Chief Executive C.C. Wei, speaking at TSMC's annual shareholders' meeting in the northern Taiwanese city of Hsinchu, added that its customers continue to express a positive outlook for the AI industry. View the full article
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AI News from ET - Indian VCs expand US footprint to tap AI boom early
Indian tech investors are increasingly establishing a presence in the US, particularly in the Bay Area, to tap into the booming AI sector. This strategic move aims to foster closer relationships with innovative startups and secure a competitive edge in a market dominated by AI advancements. View the full article
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AI News from ET - Indian cyber, telecom, banking & finance firms get access to Mythos; IT left out
Several Indian organisations in cyber, telecom, finance and banking have gained early access to Anthropic's advanced Claude Mythos AI model. The govt is actively working to expand this access, with select public entities, including CERT-In, set to receive previews. This initiative aims to bolster cybersecurity for India's critical infrastructure. View the full article
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AI News from ET - UK urged to end contract with US AI-firm Palantir
British lawmakers called Wednesday for the government to end a contract between the country's National Health Service and AI giant Palantir, warning of an over-reliance on US data providers. The British MPs called on the government to use a break clause next year to end the £330-million ($443 million) contract signed in 2023. View the full article
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AI News from ET - Meta enters enterprise AI race with new business agent
Meta Platforms has unveiled a cutting-edge AI assistant crafted to streamline daily operations for businesses. This innovative tool is capable of handling tasks such as scheduling appointments and finalizing sales transactions. You'll find it integrated into Meta's widely used platforms like WhatsApp, Messenger, and Instagram. View the full article
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AI News from ET - OpenAI CEO Sam Altman will attend G7 in France
OpenAI chief Sam Altman will join leaders at the G7 summit in France this month. Artificial intelligence will be a major focus for discussions. G7 ministers recently met to address AI's impact on child protection and energy grids. The growing demand for computing power is straining electricity supplies and requiring rare materials. View the full article
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AI News from ET - Observability firm Coralogix deepens India bet as AI security demand rises
Israeli observability platform Coralogix is significantly expanding its operations in India, a key growth market, as enterprises adopt AI-driven digital infrastructure. The company, which has raised $200 million in new funding, aims to make India its most important office outside Israel and the US, leveraging the country's massive scale and advanced tech ecosystem. View the full article
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AI News from ET - European Union launches tech sovereignty initiative to boost chips, cloud and AI at home
European Union leaders are boosting local tech production. They aim to reduce reliance on American AI and cloud services. Efforts are also underway to increase European microchip manufacturing. The bloc plans to triple data centre capacity in the coming years. This initiative seeks to ensure Europe's technological independence and future leadership. View the full article
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AI News from ET - PM Modi’s high stakes push for sovereign AI faces reality check
India is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation faces significant challenges including underinvestment in computing power and a late start in advanced AI model development. This ambition is crucial for technological independence as global powers leverage AI for geopolitical advantage. View the full article
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AI News from ET - Flawed AI, deepfakes and geopolitical conflicts pose major risks to business: Wipro
IT major Wipro identifies Artificial Intelligence adoption as a significant risk. Flawed algorithms and biases could lead to legal and financial issues. Evolving regulations also pose threats. The company warns that AI's rapid integration into client offerings and internal operations carries inherent uncertainties. Inability to effectively innovate or integrate AI may impact Wipro's competitive standing and financial results. View the full article
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AI News from ET - Global media join forces to confront AI challenges
Around 30 European and North American media outlets on Wednesday joined a coalition launched by Britain's BBC, Sky News and The Guardian, aiming to secure fair payment for news content from artificial intelligence giants. SPUR was co-founded by the BBC, Financial Times, Guardian Media Group, Sky News, Telegraph Media and Belgium's Mediahuis, which operates in several European countries. View the full article
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AI News from ET - EU wants to favour European firms for most sensitive cloud, AI contracts
The EU on Wednesday proposed favouring European companies in public contracts for cloud computing and AI services in the most sensitive sectors as part of a bigger package to cut reliance on foreign firms. View the full article
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AI News from ET - AI agents to become centre of digital life: Qualcomm CEO
Qualcomm envisions a future where autonomous AI agents will manage tasks independently across devices, shifting the digital experience away from smartphones. President and CEO Cristiano R Amon declared 2026 "the year of agents," highlighting AI's evolution from prompt-response to proactive action. These agents will become the new centre of digital life, operating across all connected devices, he said. View the full article
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AI News from ET - When IPOs go wrong: SpaceX, AI firms face a delicate process
As SpaceX, Anthropic, and OpenAI eye massive IPOs, their leaders face Wall Street's scrutiny. Past market debuts offer cautionary tales, from Google's Playboy interview during a quiet period to Zuckerberg's casual attire. Executives must navigate roadshows and regulatory filings carefully to avoid costly missteps and ensure investor confidence. View the full article