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News


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Asian AI stocks slide as top lab CEOs call for slower development of tech

13+ hour, 46+ min ago   (73+ words) In Taipei, Taiwan Semiconductor Manufacturing Company slipped 1.2 per cent, while in South Korea SK Hynix slid 5.3 per cent ​and Samsung Electronics fell 3.7 per cent | Image: Bloomberg BRICS Summit 2026: Who’s coming, what’s on the agenda and why it matters US suspends…...


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China intelligence chief warns AI could threaten political stability

13+ hour, 59+ min ago   (279+ words) Business Standard China’s top intelligence official delivered one of Beijing’s most detailed warnings yet about AI, saying rapid advances in the technology could threaten political stability and critical infrastructure Abusive use of AI by adversaries could “directly…...


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From AI race to AI brakes: Why Amodei, Altman and Musk want a slowdown

14+ hour, 48+ min ago   (772+ words) AI Development Race: As frontier AI models become more autonomous and powerful, leading rivals are converging on an unusual idea: slow capability gains when safeguards cannot keep pace...


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Softbank Group gets upsized $11.9 billion loan in OpenAI funding push

14+ hour, 46+ min ago   (245+ words) The Japanese conglomerate sealed the two-year facility last week, attracting commitments from around 20 banks By Janice Huang SoftBank Group Corp secured an $11.87 billion loan to support its investment in US artificial intelligence firm OpenAI, people familiar with the matter said,…...


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Anthropic picks Nasdaq for much-anticipated IPO, eyes listing in October

15+ hour, 21+ min ago   (229+ words) Anthropic is on track to generate annualized revenue of over $65 billion based on its current performance, up more than sevenfold from its pace at the end of last year | Image: Bloomberg By Bailey Lipschultz Anthropic PBC has picked Nasdaq as…...


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China's Z.AI raises $5 billion through share, convertible bond sales

18+ hour, 29+ min ago   (260+ words) business-standard.com 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…...


business-standard.com-standard.com

Doomsday conversations snowball at AI firms as workers urge caution

1+ day, 26+ 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 “It’s what we’ve…...


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Indian banks bet on AI but hold back on scale amid deployment concerns

1+ day, 1+ hour 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…...