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News
China's Z.AI raises $5 billion through share, convertible bond sales
4+ hour, 50+ min ago (261+ words) Business Standard Beijing-based artificial intelligence company Z.AI Co Ltd raised a total of $5 billion from a Hong Kong share placement of about $2 billion and a concurrent convertible bond sale of about $3 billion, the company said in a Hong Kong stock…...
Doomsday conversations snowball at AI firms as workers urge caution
5+ hour, 41+ min ago (306+ words) Business Standard By Mike Isaac & Kate Conger When Jacob Coxon, an Anthropic researcher, publicly quit the artificial intelligence (AI) start-up this week, citing his concerns over the powerful technology, the internal messages began flying âItâs what weâve…...
Indian banks bet on AI but hold back on scale amid deployment concerns
7+ hour, 5+ min ago (135+ words) When it comes to end-to-end operational workflows or high-consequence decision-making, deployment drops off sharply Artificial intelligence (AI) has crossed the threshold from experimentation to daily operations in Indian banking As many as seven out of 10 chief data officers (CDOs) report…...
Businesses put up guard rails in deploying AI, prioritise governance
7+ hour, 9+ min ago (36+ words) Fear of rogue agents is prompting firms to limit autonomy and prioritise governance Businesses put up guard rails in deploying AI, prioritise governance Fear of rogue agents is prompting firms to limit autonomy and prioritise governance...
Brics bets on AI, startups as India pushes innovation-led growth agenda
9+ hour, 24+ min ago (500+ words) Business Standard...
Anthropic's AI warning may weigh on chip stocks, but trade seen intact
14+ hour, 59+ min ago (572+ words) Business Standard...
Rosemerta eyes 30-35% FY27 growth on tech, mobility solutions push
16+ hour, 34+ min ago (304+ words) Business Standard Rosemerta Group is targeting 30-35 per cent growth in FY27 after closing FY26 with revenue of around â¹1,200-1,250 crore, as it expands beyond its traditional auto-ancillary business into technology-led and mobility solutions The group is betting on businesses such as telematics,…...
Larry Ellison cancels plan to sell Oracle stock worth up to $7.5 billion
19+ hour, 35+ min ago (264+ words) business-standard.com Oracle said on Saturday that its co-founder and executive âchairman Larry Ellison had canceled a plan to sell up to 50 million Oracle shares, worth about $7.5 billion at Friday's closing price Oracle had disclosed in a regulatory filing…...
Dish TV hopes for a turnaround aided by smart TV VZY, ecom, content hub
18+ hour ago (274+ words) Dish TV CEO and Executive Director Manoj Dobhal Dish TV, a direct-to-home service provider facing subscription losses, hopes for a business turnaround, supported by new initiatives such as its smart TV business VZY, its B2C e-commerce platform ShopZop, and its content…...
Anthropic CEO calls for slower AI model development amid rising risks
18+ hour, 20+ min ago (480+ words) Dario Amodei warned that fast-improving AI models could raise risks of loss of control, cyberattacks, bioterrorism and economic disruption...