Everything posted by Vishwadeep Khatri
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AI News from ET - IMF warns of 'inevitable' AI-powered threats to global financial system
The International Monetary Fund has issued a stark warning about advanced artificial intelligence tools powering cyberattacks. These attacks pose significant risks to global financial stability. The IMF emphasizes the need for greater international cooperation to address these emerging threats. The interconnected nature of finance makes it vulnerable. Emerging economies may face disproportionate exposure due to weaker defenses. View the full article
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AI News from ET - IBM, Yotta tie-up to provide agentic AI platform for Indian govt, other customers
IBM and Yotta Data Services are joining forces. They will offer a new agentic AI platform for Indian businesses and government bodies. This platform will run on Yotta's Shakti Cloud. It aims to help organisations adopt AI securely and compliantly. The collaboration will also bring IBM's sovereign core to Yotta's cloud. View the full article
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AI News from ET - AI use surges globally but rich-poor divide widens, Microsoft says
Generative artificial intelligence is being used by 17.8% of the world's working-age population, but the gap between wealthy and developing nations continues to widen, according to a report published Tuesday by Microsoft. In the first quarter of 2026, 27.5% of people aged 15-64 in developed countries used a generative AI tool, compared with 15.4% in the developing world - a gap that widened by 1.5 percentage points from the second half of 2025, according to the report's estimates. View the full article
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AI News from ET - AI translation firm DeepL cuts quarter of staff, citing AI
DeepL, a leading AI translation firm, is laying off approximately 250 employees. This significant workforce reduction stems from artificial intelligence advancements making certain roles obsolete. The company's CEO highlighted a major structural shift in the job market driven by AI. This move follows similar job cuts across various industries where AI is boosting productivity and simplifying tasks. View the full article
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AI News from ET - 'They don’t care if everyone quits': Texts show chaos inside OpenAI during Sam Altman ouster
Newly revealed texts show OpenAI's chaos after Sam Altman's firing. Mira Murati warned Altman the board was unyielding, even if employees quit. Microsoft's Satya Nadella intervened, but Altman floated an acquisition. The board's stance ultimately crumbled, leading to Altman's swift return. View the full article
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AI News from ET - Google DeepMind takes stake in 'EVE Online' studio to test AI
Google's DeepMind is partnering with the creators of EVE Online. This collaboration aims to train advanced AI tools using the game's complex simulation. Researchers will test AI models in a safe, offline version of the game. This move signifies a return to independence for CCP Games, now Fenris Creations. View the full article
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AI News from ET - Kimi chatbot maker Moonshot AI valued at $20 billion in Meituan-led round
Moonshot AI has secured approximately $2 billion in its latest funding round, propelling its valuation to over $20 billion. This significant investment, led by Meituan's venture arm, highlights strong investor confidence in Chinese AI startups challenging Silicon Valley giants. View the full article
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AI News from ET - Snap says $400 million AI search deal with Perplexity was called off "amicably"
Snap has amicably ended its partnership with AI startup Perplexity, canceling plans to integrate Perplexity's AI search into Snapchat. The deal, valued at $400 million, would have brought conversational AI search to the app. Despite this, Snap reported stronger first-quarter results with a 12% revenue increase and narrowed net loss. View the full article
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AI News from ET - Over 93,000 jobs cut in tech so far in 2026 as AI drives cuts at Freshworks, Coinbase, others
Tech companies are implementing significant workforce reductions, with over 93,000 roles cut in early 2026, driven by AI and automation. Major players like Meta, Coinbase, and Freshworks are restructuring, leading to leaner teams and a shift towards efficiency. View the full article
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AI News from ET - EU countries, lawmakers clinch provisional deal on watered-down AI rules
EU countries and European Parliament lawmakers have agreed to a watered-down AI Act, delaying implementation for high-risk systems until December 2027. This move, aimed at reducing administrative costs and easing business competition, includes a ban on AI-generated explicit images and mandatory watermarking for AI output. View the full article
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AI News from ET - Corning partners with Nvidia to expand US fiber optic output for AI growth
Corning and Nvidia are partnering to significantly boost U.S. production of optical connectivity products for AI data centers. This collaboration will tenfold Corning's optical connectivity manufacturing capacity and expand domestic fiber production by over 50%, creating thousands of jobs. View the full article
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AI News from ET - US, China weigh launch of official discussions on AI: WSJ
Washington and Beijing are reportedly considering official discussions on artificial intelligence. This topic may be placed on the agenda for an upcoming summit between President Trump and Chinese leader Xi Jinping in Beijing next week. Treasury Secretary Scott Bessent is leading the American side for these potential AI talks. View the full article
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AI News from ET - SpaceX to give Anthropic access to its massive AI supercomputer
SpaceX has inked a deal to grant Anthropic access to its Colossus 1 AI supercomputer. This collaboration aims to enhance computing power for Anthropic's Claude Pro and Claude Max AI assistants. Furthermore, Anthropic is exploring a partnership with SpaceX to develop orbital AI computing capacity. View the full article
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AI News from ET - Indians are driving most intensive AI applications: Anthropic India MD
India is a global AI powerhouse, with users driving advanced applications and Claude.ai seeing its second-largest user base here. This surge is dramatically boosting productivity, with tasks now taking a fraction of the time. GCC revenues are soaring, but AI is reshaping hiring trends. View the full article
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AI News from ET - Firms fixing workflows before deploying agentic AI: Adobe India MD
India is a key innovation hub for Adobe, powering nearly a third of its global innovation, including Firefly AI. The company is enabling enterprises to adopt agentic AI by redesigning workflows and employee processes. View the full article
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AI News from ET - The growing pay gap: AI skills drive 60% higher salaries in tech
AI-skilled professionals are commanding significant pay premiums, earning up to 60% more than their peers in other tech fields. This widening salary gap is expected to persist and grow over the next two to three years as companies increasingly adopt AI-influenced pay frameworks and automation impacts entry-level roles. View the full article
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AI News from ET - Microsoft may shelve 2030 clean energy target as AI lifts power use: Bloomberg News
Microsoft may miss its 2030 renewable energy target. The company faces challenges with its ambitious climate goals. Building new data centers for artificial intelligence requires massive power. This is reshaping Microsoft's commitments. Discussions are ongoing about delaying or abandoning the renewable energy goal. The AI boom is driving demand for energy. View the full article
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AI News from ET - AI use in scientific submissions to major academic journal up by 42% since November 2022: Analysis
A major journal sees a 42% surge in AI-assisted scientific papers since late 2022. This rise coincides with a drop in writing quality. Researchers note the strain on peer review. The trend suggests more research, not necessarily better research, is emerging. View the full article
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AI News from ET - DeepSeek nears $45 billion valuation as China's 'big fund' leads investment talks, FT reports
China's biggest state-backed semiconductor investment vehicle, China Integrated Circuit Industry Investment Fund, is in talks to lead the financing of DeepSeek's first fundraising that could value the frontier AI lab at about $45 billion. View the full article
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AI News from ET - Samsung reaches $1 trillion valuation: What’s fuelling the AI chip surge?
Samsung Electronics has crossed a $1 trillion valuation. This milestone is fueled by strong demand for AI chips. The company is a major supplier of critical components for AI servers. This surge is expected to continue, with tight supply conditions likely to sustain elevated chip prices. Samsung's semiconductor division reported record profits. View the full article
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AI News from ET - The rapid embrace of AI in China, its biggest testing ground, may shape how AI is used globally
China is rapidly adopting artificial intelligence tools. Ordinary citizens and businesses are using AI for daily tasks and work. Chinese companies are developing and commercializing AI applications. Despite US export controls, China is investing heavily in AI research and development. The nation is moving towards becoming an AI innovator. View the full article
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AI News from ET - Meta plans advanced 'agentic' AI assistant for users: Report
Meta is developing a personalised AI assistant for its users. This advanced digital assistant will use its new Muse Spark AI model. The company is also working on an internal AI agent called Hatch. Meta plans to integrate a shopping tool into Instagram. This launch is targeted before the fourth quarter of this year. View the full article
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AI News from ET - OpenAI provided GPT-5.5 to US for national security testing, executive said
OpenAI gave the US government early access to its GPT-5.5 model for national security testing, said OpenAI executive Chris Lehane in a LinkedIn post. View the full article
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AI News from ET - Ola’s fullstack AI ambition bites the dust amid funding constraint, leadership exits
Krutrim, Ola founder Bhavish Aggarwal's ambitious AI venture, has seen a significant leadership exodus and workforce reduction. Key AI and semiconductor leaders, along with over 60 linguistics staff, have departed as funding dried up, leading to the discontinuation of its AI agentic platform and the Bodhi 1 chip. The company is now pivoting to AI cloud services. View the full article
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AI News from ET - Indian cyber firms deploy AI agents to fend off threats
Indian cybersecurity firms are leveraging in-house AI agents built on LLMs to drastically reduce software vulnerability detection and remediation times from days to hours. This acceleration is crucial as attackers operate at machine speed, with the window for human response shrinking to near zero. View the full article