Everything posted by Vishwadeep Khatri
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AI News from ET - AI casts existential shadow over legacy software companies, Bridgewater CIOs warn
Artificial intelligence presents a major challenge to established software firms. This mirrors the past disruption caused by online retail. Geopolitical tensions also continue to impact global markets and resource availability. Companies must adapt to AI or face significant disruption. The global scramble for resources is intensifying. View the full article
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AI News from ET - Musk–Altman trial opens: Revisiting OpenAI’s shift from nonprofit to for-profit
A major legal battle begins Tuesday in Oakland. Elon Musk is suing Sam Altman and OpenAI. Musk claims OpenAI abandoned its nonprofit roots for profit. OpenAI denies this, stating changes were necessary. The case centers on OpenAI's founding mission to benefit all humanity. This dispute highlights the evolving nature of AI development and its commercialization. View the full article
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AI News from ET - Nearly half of governments to deploy AI at scale, but face execution hurdles: KPMG report
Governments globally are gearing up to use AI extensively in the coming year. However, many are finding it difficult to move beyond initial tests. This is due to issues with data integration, a lack of skilled workers, and cybersecurity concerns. Most government technology budgets are still spent on maintaining old systems. View the full article
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AI News from ET - Microsoft to end exclusive license for OpenAI's technology
Microsoft's exclusive hold on OpenAI's artificial intelligence models is over. This change allows OpenAI to offer its technology to competitors like Amazon and Google. Microsoft will still be OpenAI's main cloud partner and has licensing rights until 2032. This development impacts the ongoing artificial intelligence race. View the full article
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AI News from ET - In blocking Meta-Manus’ $2 billion AI deal, China is trying to stem brain drain
China's NDRC has blocked Meta's $2 billion acquisition of AI firm Manus, citing "laws and regulations." This move signals Beijing's intent to prevent the outflow of its top AI talent and technology, even after companies "Singapore-wash" to access foreign capital. View the full article
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AI News from ET - Sam Altman outlines five principles for OpenAI's AGI development
OpenAI CEO Sam Altman has revealed five core principles guiding the development of artificial general intelligence. These principles aim to ensure AGI benefits everyone. They focus on making AI accessible to many, empowering individuals, fostering universal prosperity, building resilience against risks, and maintaining adaptability as the technology evolves. View the full article
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AI News from ET - Google to build AI campus in South Korea, presidential office says
South Korea and Google are set to build a new artificial intelligence campus in Seoul. This collaboration aims to foster cooperation between Google and local engineers and startups. The initiative includes plans for training and internships. Google also expressed interest in deepening partnerships with major Korean companies. This marks a significant step in advancing AI development. View the full article
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AI News from ET - Musk vs Altman: Silicon Valley's biggest trial opens — here are the key witnesses
A high-stakes federal trial begins Monday with Elon Musk suing OpenAI's Sam Altman and Greg Brockman for over $130 billion, alleging betrayal of the company's nonprofit mission. Musk seeks their removal from leadership roles. OpenAI, valued at $850 billion, dismisses the suit as baseless. Key figures like Microsoft CEO Satya Nadella and OpenAI cofounder Ilya Sutskever are expected to testify. View the full article
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AI News from ET - South Africa withdraws AI policy due to fake AI-generated sources
South Africa's initial national AI policy has been shelved following alarming findings that it included fictitious citations, likely produced through AI technologies. Minister Solly Malatsi voiced his concerns about the authenticity of the draft, stressing the critical need for human supervision in AI deployment. The individuals accountable for these discrepancies are facing potential sanctions. View the full article
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AI News from ET - Elon Musk's trial against Sam Altman to reveal the ongoing power struggle for OpenAI
A major legal battle is unfolding between Elon Musk and AI giant OpenAI. Internal documents, including a co-founder's diary, are central to the case. Musk claims OpenAI, led by Sam Altman, abandoned its nonprofit mission for profit. The trial could impact OpenAI's IPO plans and public perception of AI. View the full article
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AI News from ET - Beijing blocks Meta acquisition of Chinese AI startup Manus
China's top economic planner has blocked Meta's acquisition of AI startup Manus, citing a prohibition on foreign investment in the project. The National Development and Reform Commission has ordered the parties involved to withdraw the transaction, following earlier reports of travel restrictions on two cofounders. View the full article
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AI News from ET - Andhra CM Naidu to unveil Google AI data centre project in Visakhapatnam
On April 28, Andhra Pradesh's Chief Minister, N Chandrababu Naidu, will unveil Google's monumental $15 billion AI data centre in Visakhapatnam. With a staggering capacity of 1 GW, this project is set to position Visakhapatnam as a premier technology hub and the AI focal point of Asia. View the full article
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AI News from ET - Platforms, brands accelerate agentic commerce push as fintechs plug payment gaps
Indian ecommerce giants like Flipkart and Bigbasket are building AI storefronts to enable agentic commerce, allowing AI to shop autonomously on platforms like ChatGPT. Fintechs have enabled payments, paving the way for automated searching, ordering, and payment. Brands are preparing for this future, with quick commerce and travel sectors leading adoption. View the full article
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AI News from ET - OpenAI CEO apologises to Canada town for not reporting mass shooter
OpenAI's CEO Sam Altman has apologized to a Canadian town devastated by a February mass shooting, saying he was "deeply sorry" the company did not notify police about the killer's troubling ChatGPT account. Canadian officials condemned OpenAI's handling of the case and summoned company leaders to Ottawa to explain its security protocols. View the full article
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AI News from ET - Threat from Anthropic’s Mythos 'as big as war': Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman has warned of a new cyber threat from Anthropic's AI model Mythos, comparing its potential impact to that of war. Authorities are increasing engagement with Anthropic and the US administration to understand and counter these evolving digital risks, while also strengthening domestic capabilities and financial sector preparedness. View the full article
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AI News from ET - China's DeepRoute.ai says over 300,000 vehicles use its advanced driving system
It expects that number to grow by an additional 1 million this year, CEO Maxwell Zhou told reporters on the sidelines of the Beijing auto show. View the full article
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AI News from ET - AI adoption to influence salary growth within 2-3 years: TeamLease CEO Shantanu Rooj
AI is transforming Indian workplaces. Employees leveraging AI skills will see career advantages in the coming years. Sectors like technology, GCCs, and BFSI will lead this shift. Companies are integrating AI into core strategies, not just as tools. This will impact appraisals and career growth, especially in digitally intensive roles. Upskilling is now crucial for career advancement. View the full article
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AI News from ET - Digital defence in the age of Mythos, why Indian banks are on high alert
India is poised to become a global AI execution hub. Powerful AI models like Anthropic's Mythos present both opportunities and security risks for the banking sector. India's vast trained workforce and cost-effective infrastructure offer a significant advantage. The nation can harness these strengths to drive AI adoption and achieve tangible returns on investment. View the full article
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AI News from ET - Salesforce to hire 1,000 graduates in AI push: CEO Marc Benioff
Salesforce CEO Marc Benioff announced plans to hire 1,000 graduates and interns to support expanding AI products, countering concerns about AI eliminating entry-level jobs. This hiring initiative follows news of fewer than 1,000 job cuts in February, impacting roles like marketing and product management. View the full article
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AI News from ET - Sam Altman apologises after OpenAI failed to alert police before Tumbler Ridge killings
OpenAI CEO Sam Altman apologised for not alerting law enforcement about an account banned in June, which was later linked to a mass shooting in Tumbler Ridge, British Columbia. The company had identified the account's "furtherance of violent activities" but deemed it below the threshold for referral. View the full article
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AI News from ET - US judge dismisses Elon Musk's fraud claims in OpenAI case at his request, plans to proceed to trial
A US judge has dismissed Elon Musk's fraud claims against OpenAI and Sam Altman. However, the case will proceed to trial on Musk's claims of breach of charitable trust and unjust enrichment. Jury selection begins Monday, with opening arguments Tuesday. Musk seeks $150 billion in damages for OpenAI's charitable arm. View the full article
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AI News from ET - AI firms flex lobbying muscle on both side of Atlantic
AI companies are spending heavily to shape new regulations in Europe and the United States. They are also engaging the public, promoting AI as a force for good. This push comes as governments grapple with the powerful technology's future impact on jobs and society. View the full article
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AI News from ET - AI united Sam Altman and Elon Musk, then drove them apart
Elon Musk and Sam Altman, co-founders of OpenAI, are set to face off in court over a clash of visions regarding artificial intelligence. Their initial collaboration, driven by a shared concern for AI's future, has fractured due to differing approaches to its development and commercialization. View the full article
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AI News from ET - US State Dept orders global warning about alleged AI thefts by DeepSeek, other Chinese firms
The US State Department is urging global attention to Chinese firms, including DeepSeek, accused of stealing AI intellectual property. A diplomatic cable details concerns over "adversaries' extraction and distillation of U.S. A.I. models," aiming to counter low-cost replication of advanced AI. China denies these allegations. View the full article
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AI News from ET - Nvidia rolls out OpenAI’s Codex AI agent to all employees
Jensen Huang said Codex is now available to all employees after early access was given to around 10,000 staff across functions such as engineering, product, legal, marketing and sales. View the full article