Artificial Intelligence News

Microsoft set for worst quarter since 2008 as AI fears converge

Although Wall Street remains optimistic that it will emerge as a long-term winner from AI, Microsoft still has to keep up with the hyperscaler spending race, a posture that could complicate any near-term sentiment reversal.

SoftBank secures $40 billion loan to boost OpenAI investments

The Japanese investment conglomerate, led by founder Masayoshi Son, continues to strengthen ties with OpenAI as global tech firms race to gain an edge in the increasingly competitive generative AI space

Anthropic wins court relief after judge halts Pentagon’s supply chain risk label

US District Judge Rita Lin on Thursday said she was also blocking President Donald Trump's directive ordering all federal agencies to stop using Anthropic.

Chip selloff deepens after Google touts memory breakthrough

Four hyperscalers, led by Amazon.com Inc. and Google, plan to spend about $650 billion this year to build data centers, scooping up Nvidia Corp.’s AI accelerators and related memory chips.

How AI boom is reshaping global chip industry

Surging demand for artificial intelligence has pushed semiconductor companies to the centre of global markets, driving valuations, revenues and competition to new highs

OpenAI indefinitely pauses plans to release erotic chatbot: Report

Employees and investors have raised concerns about the effect of sexualized AI content on society, the report said

Sam Altman’s blunt warning: AI is getting cheaper than human labour

Sam Altman tells Forbes AI will become cheaper than human labour, flags job disruption, reskilling needs, and India’s rapid AI adoption.

Meta boosts top executives' pay with stock options as AI race heats up

The options are the social media giant's first for its top brass and require steep stock milestones

Trump taps Zuckerberg, Andreessen and Huang for tech council

Trump has taken interest in establishing what the White House casts as “American dominance” in AI and digital assets.

Meta is cutting several hundred jobs amid record AI spending

The layoffs will affect employees both in the US and other international markets, according to a person familiar with the matter

Dream11 parent to enter stockbroking with Dream Street

Dream Street plans to offer AI-led investing tools to attract new users and provide deep research insights, Dream Sports CEO Harsh Jain told Moneycontrol.

Who is Kiran Mani? JioStar CEO joins OpenAI to lead Asia-Pacific operations

Mani to join as managing director in June from Singapore, reporting to strategy chief Jason Kwon as OpenAI sharpens Asia focus.

PDG acquires 210 MW in India, doubles down on hyperscaler demand with $1-bn-plus push

The deal nearly doubles PDG’s planned capacity in India and forms part of a broader investment commitment of about $2.5 billion in the country so far.

Judge calls US government ban on Anthropic AI 'troubling'

The judge added that she’s concerned about whether the government is punishing Anthropic for speaking out publicly about the conflict.

Memory is Wall Street’s favorite tech trade as Magnificent 7 disappoints

Companies like Sandisk Corp., Western Digital Corp., and Seagate Technology Holdings Plc are among the leaders in the S&P 500 Index in 2026

OpenAI non-profit names leaders, aims to spend $1 billion in 2026

The OpenAI Foundation intends to focus its 2026 spending on helping protect society from potential artificial intelligence risks

Nvidia, Accel and HCLTech in talks to invest in AI startup Sarvam’s $250 million round at $1.5 billion valuation

Negotiations are still underway and more investors have shown willingness to back Sarvam, sources told Moneycontrol. This will be the largest capital infusion into a pure-play Indian AI startup and likely make the company the first unicorn of 2026.

AI pushes IT services towards outcome-based deals, AI-first delivery models, say experts

The shift comes as enterprises move from experimentation to real deployments of AI tools across software development, analytics and enterprise workflows

IT majors head into Q4 with muted growth, FY27 guidance key to calming AI concerns: JPMorgan

The Street is entering the earnings season with 'widespread pessimism' and management commentary on FY27 could play a decisive role in signalling whether the sector is nearing an inflection point or staring at a prolonged slowdown

Govt rolls out AI skilling programme with Google, YouTube; 15,000 scholarships on offer

IICT will lead the national rollout, overseeing programme design, outreach, curation, and execution. It has worked closely with Google and YouTube to design a curriculum integrating advanced AI tools and creative workflows

OPINION | Indian AI founders scaling globally through US market access

Indian AI founders are building in the US for scale and demand. Talent remains in India. This trend strengthens global reach and future growth for India

No army of engineers needed: Snowflake targets AI complexity with managed platform

Vijayant Rai, managing director for India, says a core challenge for enterprises remains fragmented data spread across multiple systems, which limits their ability to run analytics or deploy AI at scale

India Inc leads global AI adoption despite skills gap, 40% fully deploy AI: Report

The study reveals that Indian companies are moving beyond pilot projects, embedding AI into key business functions such as product development, strategy and operations, marketing and sales, and supply chain management.

This metric could soon become the new test for engineers, says Nvidia CEO Jensen Huang

Nvidia CEO Jensen Huang says AI token usage could become a key metric for hiring, productivity, and pay in software engineering

OpenAI plans to almost double its headcount this year: Report

The maker of AI assistant ChatGPT will look to increase headcount to about 8,000 from about 4,500, the FT said

Pentagon to adopt Palantir's Maven AI as core US military system

Maven is a command-and-control software platform that analyzes battlefield ​data and identifies targets

Comfortably dumb: Why AI support at Swiggy and Zomato frustrates users

As platforms tighten support through chatbot-led systems to curb costs and misuse, customers say resolving complaints has become slower, more rigid, and harder to escalate.

Accenture’s Q2 performance signals AI-driven growth for Indian IT firms

Indian IT companies including TCS, Infosys, HCLTech, Wipro, too will benefit from the growing AI demand in North America that Accenture is alluding to, industry analysts said.

Accenture betters full-year revenue forecast as AI pushes growth higher

Accenture's revised outlook for full-year revenue growth to be within the range of 3 percent to 5 percent, compared to its earlier projection of 2 percent to 5 percent.

Why BlackRock's Larry Fink thinks AI could make Gen Z’s job hunt far harder this year

BlackRock CEO Larry Fink warns AI disruption could push graduate unemployment higher for the class of 2026, even without a recession.

How can we tell good AI from bad?

More lessons from the jagged frontiers of new technology

Why Nazara is spending $100 million to acquire a controlling stake in Spain’s Bluetile

Nazara’s purchase of Bluetile and its in-house rewards-driven gaming platform, BestPlay, is the company’s largest acquisition to date. The total deal size could rise to $340 million

EU moves to ban AI that creates nonconsensual sexual images

The ban wouldn’t apply if a company has imposed measures restricting the creation of such deepfakes.

US govt says Anthropic AI an 'unacceptable risk' to military

Anthropic's Claude AI model has been in the spotlight in recent weeks both for its alleged use in identifying targets for US bombing in Iran and the company's refusal that its systems be used to power mass surveillance in the United States or lethal fully autonomous weapons systems.

Nazara's AI push: Plans to acquire 50% stake in Europe's Bluetile, BestPlay for $100 million

Nazara Technologies founder Nitish Mittersain said the acquisition of Bluetile and BestPlay is an important step towards the firm's strategy to build AI-enabled, globally scalable gaming businesses.

Alibaba hikes AI service prices up to 34% after demand soars

The company is hiking prices of its T-Head AI computing chips, such as the Zhenwu 810E, by 5% to 34%, the company said in a statement. Its storage service, known as Cloud Parallel File Storage, will also cost 30% more, it said.

Microsoft backs Anthropic, urging judge to halt Pentagon's actions against AI company

Microsoft, in a legal filing, is challenging Defence Secretary Pete Hegseth's action last week to shut Anthropic out of military work by labelling its AI products as a national security threat.

Nvidia taps Sarvam, Thinking Machines Lab, Mistral AI for a coalition to advance open frontier models

Nvidia's Nemotron Coalition members, including Perplexity and Cursor, will build open, frontier-level foundation models through shared expertise, data and compute

'If you don’t help yourself, neither can the company': KPIT CEO urges staff to be AI-ready

With AI disrupting job functions and coding requirements, KPIT is now hiring 30-40% fewer freshers, Kishor Patil tells Moneycontrol

The curious case of copper and gas shortages

The supercycle hypothesis in natural gas and copper due to AI is a dodgy one at best 

Foxconn is moving beyond iPhones, and the next business is growing even faster

Foxconn expects AI server shipments to double in 2026 as cloud business overtakes consumer electronics, driven by strong AI demand.

What’s behind Nvidia’s new $1 trillion AI forecast? Jensen Huang lays out the next wave

Nvidia CEO Jensen Huang sees $1 trillion orders for Blackwell and Rubin chips by 2027; unveils new AI chips, racks and auto push.

OpenAI courts private equity to join enterprise AI venture: Report

Both OpenAI and Anthropic are aggressively courting private equity firms because they control enterprise companies and influence how businesses budget for software and AI

Nvidia CEO set to reveal new chips and software at AI megaconference GTC

Nvidia, the world's most valuable listed company, is likely to detail a next-generation AI chip called Feynman, named after American physicist Richard Feynman

Encyclopedia Britannica sues OpenAI over AI training

The case is one of many high-stakes lawsuits filed by copyright owners including authors and news outlets against tech companies for using their material to train AI systems without permission

Meta shares jump after report on plans for layoffs of 20% or more

If Meta settles on the 20% figure, the cuts will be the biggest since a late 2022 and early 2023 restructuring it dubbed the 'year of efficiency', which eliminated around 21,000 jobs

Did OpenAI almost build a ‘sexy suicide coach’? Inside the blow-up over erotic ChatGPT chats

OpenAI delayed its planned 'adult mode' for ChatGPT after advisers warned of mental health and child safety risks.

AI set to reshape global economy, could rival industrial revolution: Jonathan Wilmot

Speaking at the Moneycontrol Global Wealth Summit, Jonathan Wilmot, Global Strategist at Aletheia Capital, said the rapid advances in artificial intelligence mark a turning point for global growth and productivity.

From mastering complex tools to AI prompts: Adobe's Govind Balakrishnan on reimagining content creation

Adobe Express is Adobe’s answer to the wave of AI tools from startups and tech giants that have made content creation faster and more accessible than ever.

Global Wealth Summit 2026: Why Aletheia's Jonathan Wilmot believes AI is more than just another market boom

At Moneycontrol Global Wealth Summit, global strategist says AI and machine learning could transform productivity and eventually lower costs of food, energy, housing and healthcare.