YOU WONT BELIEVE: 58 - What They Never Told You

Axis Bank wants to double its Rs 8,688 crore data centre exposure

India's rising interest in artificial intelligence is prompting Axis Bank to expand its lending to data centres. With demand for large-scale computing infrastructure surging, banks are exploring new financing opportunities. Axis Bank's exposure to the data centre sector is expected to double within three years. Additionally, the government is facilitating…

The Economic Times · Oct 1

Rasayan Labs launches AI-native drug discovery platform at ICT Mumbai

In an exciting development, Rasayan Labs has unveiled a groundbreaking AI-based platform to enhance computational chemistry and drug discovery initiatives. This innovative platform merges critical functions, including retrosynthesis and ADMET prediction, to optimize research efficiency. Free access will be granted to researchers at the Institute of Chemical Technology, marking a…

The Economic Times · Oct 1

Ben Affleck defends using AI in new movie Animals

Hollywood actor/director Ben Affleck has defended his decision to use AI in his new Netflix movie Animals - insisting it's just "another form of computing".

BANG Premier · Oct 1

Global Market: Japan’s Nikkei hits six-week high as chip stocks rally on AI optimism

Japan's Nikkei share average soared to a six-week peak, buoyed by chip sector stocks after favorable earnings guidance from Micron Technology. The Nikkei 225 surged 2.28%, while the broader Topix remained relatively stable. Nevertheless, various stocks within the Nikkei faced downturns, particularly in finance. Analysts are wary about the durability…

The Economic Times · Oct 1

WhatsApp changes for parents: New controls let you track teen group activity, manage privacy settings & limit Meta AI, without seeing chats

WhatsApp web: WhatsApp has introduced optional parental controls for teenagers, giving parents more control over privacy settings, group activity, Channels and Meta AI. The new features allow parents to set boundaries while keeping teens’ personal messages and calls protected by end-to-end encryption. WhatsApp said the controls will be rolled out…

The Economic Times · Oct 1

Senators debate liability for ‘rogue’ AI agents

In a stance that puts him at odds with much of his party and the White House, Sen. Josh Hawley, R-Mo., used a Senate hearing on Wednesday to call for new artificial intelligence regulations, including through his own upcoming legislation that would clarify liability for “rogue” AI hacking incidents. At…

Roll Call · Oct 1

India can't take growth for granted, FinMin warns as global rates rise and investors turn cautious

India's economy exhibited robust growth of 7.8 percent in the first quarter of FY27 and is projected to grow 7.3 percent in the next quarter. While domestic conditions appear resilient, external risks continue to challenge its investment appeal, particularly regarding trade relations with the United States and fluctuations in energy…

The Economic Times · Oct 1

AI pressure, client caution cloud Indian IT earnings in September quarter

India's top IT firms are bracing for underwhelming earnings as they revise annual revenue growth expectations downward. The duel of AI-induced pricing pressures alongside restrained client spending is squeezing profit margins in the industry. Analysts predict a gradual sequential revenue rise ranging from 0.7% to 3.5% for the major players,…

The Economic Times · Oct 1

UK accuses China of using academics to spy on AI and other tech research

Britain's MI5 spy agency issued an unprecedented alert on Wednesday to warn that a Chinese organisation was involved in funding academic research into topics such as AI on behalf of Beijing's state security service.

The Economic Times · Oct 1

First home buyers with big loans among those most at risk of falling into negative equity, RBA warns

Central bank estimates fewer than one in 100 borrowers owe more on their home than its worth

The Guardian - AU · Oct 1