Everything posted by Vishwadeep Khatri
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AI News from ET - Stellantis, Microsoft sign five-year partnership for AI push
Automaker Stellantis partners with Microsoft for five years. They will jointly develop artificial intelligence and cybersecurity. This collaboration aims to boost Stellantis' technology efforts. The partnership will also modernize Stellantis' IT infrastructure. This move helps Stellantis compete with tech-focused rivals. It focuses on enhancing vehicle features and customer experiences. View the full article
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AI News from ET - Nvidia’s Jensen Huang admits he erred in not backing OpenAI, Anthropic early on
Nvidia CEO Jensen Huang admitted missing early investment opportunities with OpenAI and Anthropic, calling it his "miss" and a "mistake." He explained Nvidia wasn't positioned for the multi-billion-dollar investments these AI labs required then. Now, with Nvidia's stronger financial footing, the company has committed significant funding to both OpenAI and Anthropic. View the full article
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AI News from ET - AI demand drives chipmaker TSMC's net profit to fresh record
Governments and tech giants are pouring hundreds of billions of dollars into building new data centres that can run and train AI tools such as chatbots, image generators and agents that can execute tasks. TSMC said its net profit for the first quarter of 2026 rose a whopping 58.3% from a year ago to NT$572.5 billion ($18 billion). View the full article
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AI News from ET - Chatbots at the ballot box: AI skirts Brazil election rules
Brazil's electoral court banned AI chatbots from offering voting tips for the upcoming presidential election, aiming to prevent disinformation. However, tests revealed leading chatbots like ChatGPT, Grok, and Gemini continue to rank candidates, raising concerns about biased or incorrect information influencing voters in the highly polarized nation. View the full article
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AI News from ET - Marc Andreessen, Ben Horowitz boost AI Super PAC to over $50 million
Venture capitalists Marc Andreessen and Ben Horowitz have injected $25 million into a pro-AI super PAC, bolstering its war chest to over $51 million. Leading the Future’s cash pile allows the industry to boost political candidates in both parties it sees as friendly to their cause and oppose potential antagonists. View the full article
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AI News from ET - ChatGPT maker OpenAI shifts its focus to business users amid Anthropic pressure
OpenAI says it will introduce a new artificial intelligence model for "high-value professional work" as the company faces heightened competition with rival Anthropic in attracting corporate customers to adopt AI assistants in their workplaces. "You'll see a new model coming from us in short order. We feel very excited about it," Friar said in an interview with The Associated Press. View the full article
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AI News from ET - Fintechs leverage AI to boost creditworthiness and reduce rejections
Fintech startups are leveraging AI to help borrowers improve their creditworthiness and reduce loan application rejections. Companies like BankSathi, GoodScore, and Credgenics are offering AI-led advisory services, addressing a significant demand, especially from smaller cities. While AI automates much of the process, manual intervention remains crucial for resolving defaults with lenders. View the full article
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AI News from ET - Ola's AI smart assistant 'Kruti' goes dark across app platforms
While 'Kruti' was not accessible via its direct website, kruti.ai, which showed a "site not found" error, users accessing it through Olakrutrim.com/kruti saw a message stating the site was under maintenance and would be back shortly. View the full article
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AI News from ET - AI firms scout for startup buyouts to boost full-stack tech capabilities
AI firms are actively acquiring startups to build full-stack capabilities as enterprises move towards large-scale AI deployment. This consolidation is driven by the need for complementary product capabilities and intellectual property in a rapidly evolving market. View the full article
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AI News from ET - Cadence, Nvidia working together on developing AI for robotics
Cadence, which is one of the major suppliers of the software used in designing advanced computing chips, is working with Nvidia to integrate its physics engines, which predict how real-world materials interact, with Nvidia AI models designed to train robots inside computer simulations. View the full article
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AI News from ET - ECB to quiz bankers about new Anthropic model risks
As European Central Bank regulators delve into the potential risks posed by new artificial intelligence models, bankers will be put under the microscope. These advanced technologies carry the ominous possibility of escalating cyber threats, leaving cybersecurity specialists on high alert. Across the Atlantic, British and American regulators echo these concerns. View the full article
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AI News from ET - Maine may become first US state to pause new data centres
Maine is poised to become the first US state to pause new data centre construction. Lawmakers approved a bill that requires a moratorium on large power-hungry facilities. This move comes amid growing concerns nationwide about their impact on energy bills and the environment. The bill now awaits the Governor's final approval. View the full article
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AI News from ET - Vibe coding startup Emergent launches AI agent Wingman
Emergent, backed by SoftBank, has launched Wingman, an AI agent to automate routine tasks across popular tools, aiming to boost productivity. Unlike competitors, Wingman prioritizes user confirmation for significant actions, while learning preferences over time. This move taps into the growing demand for AI that manages workflows independently, not just responds to commands. View the full article
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AI News from ET - Adobe releases AI assistant for creative tools, says it will work with Anthropic's Claude
Adobe has launched its new AI assistant, Firefly, which aims to assist creative professionals perform tasks within Adobe's photo, video, and digital content editing software. Firefly would be able to take instructions and autonomously use tools like Photoshop and Premiere Pro. This move aims to differentiate Adobe from competitors as AI lowers entry barriers for content creation. View the full article
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AI News from ET - Anthropic, Cursor backer Accel raises $5 billion for big AI bets
Venture capital firm Accel has raised $5 billion in new funds, with $4 billion dedicated to its fifth Leaders fund for late-stage AI startups. An additional $650 million will go to a sidecar fund for increased exposure to major investments. View the full article
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AI News from ET - SoftBank lenders ask more banks to join $40 billion OpenAI loan
SoftBank is seeking additional banks to join a $40 billion loan backing its OpenAI investment, a significant test of investor confidence in its AI strategy. This debt-fueled push, alongside over $30 billion already invested in OpenAI and its Arm Holdings stake, has raised concerns about SoftBank's liquidity and credit quality, prompting a negative outlook from S&P Global Ratings. View the full article
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AI News from ET - Jane Street signs $6 billion AI cloud deal with CoreWeave, boosts stake
Trading firm Jane Street has committed approximately $6 billion for CoreWeave's cloud services. This follows a $1 billion equity investment in CoreWeave, making Jane Street a significant shareholder. These deals highlight the immense demand for computing power driven by the rise of artificial intelligence. CoreWeave has also recently secured major agreements with Anthropic and Meta. View the full article
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AI News from ET - India among world's most advanced AI users but adoption uneven: OpenAI report
India is one of the fastest-growing AI builder ecosystems globally, with four times growth in 'Codex users' (AI coding tool) in just two weeks after the launch of OpenAI's Codex app in Feb 2026, as well as strong rankings in both coding and data analysis usage. View the full article
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AI News from ET - Trump says AI has risks but could make banking system greater
US President Donald Trump acknowledged the risks artificial intelligence posed to the banking system and said there should be government safeguards, according to an interview broadcast on Wednesday. View the full article
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AI News from ET - Why many Americans are turning to AI for health advice, according to recent polls
Turning to artificial intelligence tools for health advice has become a habit for Davis and many other Americans, according to a West Health-Gallup Center on Healthcare in America poll published Wednesday. The poll, conducted in late 2025 and backed up by at least three other recent surveys with similar findings, found that roughly one-quarter of US adults had used an AI tool for health information or advice in the past 30 days. View the full article
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AI News from ET - AI ruling prompts warnings from US lawyers: Your chats could be used against you
Lawyers in the US are cautioning clients about using AI chatbots for legal matters. Recent court rulings indicate that conversations with AI like Claude and ChatGPT may not be protected by attorney-client privilege. This means sensitive case details shared with AI could be revealed to prosecutors or opposing parties in legal disputes. View the full article
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AI News from ET - NAACP sues Musk's xAI, alleging illegal operation of gas turbines
The NAACP has sued xAI and its subsidiary MZX Tech, alleging they illegally operated gas turbines to power a data centre in Mississippi without necessary air permits. The civil rights group claims this poses a health risk to local residents by emitting pollutants and known carcinogens, violating the Clean Air Act. View the full article
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AI News from ET - Federal agencies skirt Trump's Anthropic ban to test its advanced AI model: Politico
US agencies quietly bypass Trump’s ban on Anthropic, as a Commerce Department unit tests its advanced AI model Mythos for hacking capabilities, according to a Politico report. View the full article
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AI News from ET - Anthropic draws VC interest at up to $800 billion valuation: Business Insider
Anthropic has so far resisted overtures from investors for a new round of funding, according to a Bloomberg News report. The reports also come weeks after Anthropic announced a power new model named Mythos earlier this month, describing it as its "most capable yet for coding and agentic tasks," referring to the model's ability to act autonomously. View the full article
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AI News from ET - Meta extends custom chips deal with Broadcom to power AI ambitions
As part of the deal, Broadcom CEO Hock Tan would leave Meta's board and move to an advisory role on its custom chip strategy, the companies said in a joint statement. That custom chip boom has made Broadcom one of the biggest winners of generative AI. The company works with clients to develop custom processors and supplies infrastructure software. View the full article