Vishwadeep Khatri

The Bank of England is actively assessing artificial intelligence risks to the financial system. They are conducting simulations and working with global partners to understand AI's impact on trading. This proactive approach aims to address potential market stress. Meanwhile, the Treasury Committee urges faster action on regulating critical AI and cloud firms. View the full article

The EU said Thursday it is in discussions with US AI firm Anthropic over concerns about the capabilities of its latest model, which the company itself worries could be a boon for hackers. But no foreign entities were included, raising concerns about the world's preparedness for a model whose offensive capabilities would not stop at US borders. View the full article

Google, Pentagon discuss classified AI deal, the Information reports View the full article

OpenAI is prioritising business AI tools to boost revenue. The company is launching a new model for professional work. This strategic shift aims to compete with rival Anthropic. OpenAI is moving away from some consumer offerings. This focus on high-value professional tasks is key to its future profitability. Business clients now represent a significant portion of OpenAI's income. View the full article

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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