AI In Business

India's 1991 liberalization failed Gen Z, and AI is making it worse by automating precarious jobs and entrenching monopoly power. Researcher Amir Hyder Khan proposes treating AI as a public utility and socializing automation gains to prevent deepening inequality.

Chinese AI firm DeepSeek is seeking fresh funds at a $74 billion valuation as it prepares for a mainland IPO, highlighting the escalating costs of AI leadership and a shift from its bootstrapped origins.

ASML lifted its 2026 sales forecast to €45 billion and announced a 30% increase in low-NA EUV production capacity by 2027, addressing AI chip demand. The move eases bottleneck fears but raises questions about the sustainability of the current investment cycle.

Europe is scrambling to protect its aging infrastructure from record heatwaves using drones, AI sensors, and even white paint. Railways and roads are buckling under unprecedented temperatures, forcing nations to adopt both high-tech and surprisingly simple solutions.

DeepSeek, the Hangzhou-based AI model maker, is gearing up for a mainland IPO with a possible filing this year and a 2027 listing. The move comes as Chinese AI firms seek public capital to compete globally, though regulatory and revenue challenges loom.

DeepSeek founder Liang Wenfeng’s net worth has doubled to $36 billion, surpassing other AI model founders. The surge reflects China’s AI boom and DeepSeek’s cost-efficient models.

ASML reported better-than-expected second-quarter earnings, with revenue hitting €9.33 billion as AI chip demand outweighed China export concerns. The results reinforce the company's central role in the AI supply chain.

IBM warns that the AI boom is squeezing traditional software budgets as enterprises redirect spending to data-center infrastructure, causing a significant earnings hit and a sharp stock decline.

Zoho's Classes 2.0 embeds AI in lesson planning, grading, and a guarded tutor to ease teacher burnout and compliance woes in India. The platform is free for government schools, with a paid tier for private institutions.

CoreWeave is exploring put options and other derivatives to hedge against a potential decline in DRAM and storage chip prices, a move that underscores the financial risks cloud providers face from long-term supply deals.

OpenAI outlines five practical steps for enterprise leaders to manage AI investments as workflows shift from chat to autonomous agents. The focus: measuring useful work per dollar, not just token price.

Wall Street banks are capitalizing on an AI infrastructure boom, with executives calling it a 'super cycle' that's driving record fees from IPOs, debt, and advisory work. But as tech stocks wobble, the sustainability of this spending spree is under scrutiny.

IBM shares crashed 25%, wiping out $70 billion in market cap, after CEO Arvind Krishna conceded the company "faltered" on AI. The warning signals a brutal realignment as enterprises prioritize infrastructure over legacy software.

The MIT JARVIS Challenge pitted student teams against a four-week sprint to build a jet engine using AI. Results show AI accelerates design but can’t replace engineering judgment or hands-on manufacturing—the winning team trusted fundamentals over algorithms.

The United Kingdom is torn between chasing AI investment and fearing its risks, as the Bank of England plans to relax capital rules while its governor warns of a market correction. Meanwhile, OpenAI faces lawsuits and leadership exits that threaten its IPO dreams.

Wall Street is gripped by a paradox: AI uncertainty is rising, but both bulls and bears are more convinced than ever. A record 82% of fund managers see the AI trade as crowded, yet half dismiss bubble fears, setting the stage for a turbulent earnings season.

Twenty-six former Meta employees have filed a lawsuit claiming the company's AI software disproportionately targeted workers with disabilities or on medical leave for layoffs. The case highlights the risks of algorithmic bias in employment decisions.

Google's I/O Connect India event brought a wave of AI tools: ATL Saathi for teachers, on-premise Gemini cloud, and open security protocols. The move targets India's education and regulated sectors with a focus on data localization.

British recruitment firms are slashing costs and pivoting to temporary contracts as the Iran war and AI-driven efficiencies crush permanent hiring. Major players Hays, PageGroup, and Robert Walters reported falling net fees, with Europe weakest, while the Americas and Asia show resilience.

UK banks are shut out of Anthropic's powerful Mythos AI model, used for cybersecurity. Government AI adviser Harriet Rees warns the country must urgently build its own AI infrastructure or risk falling behind.

Rashi Desai’s analytics career has transformed as AI agents democratize technical skills. She argues that the future belongs to those who combine business judgment with AI literacy, not just query-writing.

TSMC is on track to report its fifth straight quarter of record profit, fueled by insatiable AI demand for its advanced chips and packaging. With revenue already at a new high, all eyes are on Thursday's earnings call for updated guidance and capex plans.

Oil prices spiked above $84 as clashes near the Strait of Hormuz threatened supply, while Asian markets fell sharply, led by an AI stock sell-off. The twin shocks are testing investor confidence in overvalued tech shares and raising inflation fears.

Hackers are weaponizing AI to launch sophisticated attacks, forcing companies to divert AI-driven profits into cybersecurity. The result: a never-ending arms race that could erode the productivity promise of artificial intelligence.

China's export growth dipped slightly in June, yet the AI boom continues to fuel semiconductor demand, offsetting weakness in traditional sectors. With tariff uncertainty and sluggish domestic consumption, the economy remains precariously balanced.

Tata Consultancy Services is building a team of up to 8,900 forward-deployed AI engineers and actively seeking acquisitions in AI and cybersecurity, betting that artificial intelligence will create new business rather than undermine its outsourcing model.

As AI computing costs skyrocket, corporate giants are dominating basic research, reversing a decades-long shift to universities. This revival of the Bell Labs model could yield huge economic dividends but stirs antitrust and innovation quality debates.

Forthright Securities launches Hong Kong’s largest offline investment hub with a dedicated AI terminal, blending human advisory and machine intelligence to serve record wealth levels.

Microsoft CEO Satya Nadella warns that enterprises adopting AI risk losing proprietary knowledge, paying for intelligence twice. His 'Reverse Information Paradox' highlights how every prompt and correction feeds AI providers' learning, eroding competitive edges.

SpaceX's $75 billion IPO and upcoming listings from OpenAI and Anthropic could unleash a wave of capital for Indian startups. But with IPO proceeds going to limited partners, the impact will be gradual and uneven.