Artificial Intelligence (AI)

Morgan Stanley analysts predict a shift in AI investment from chipmakers to hyperscalers, citing broadening market gains and potential near-term capex discipline. The call comes as semiconductor stocks slump and macro conditions favor a rotation.

Microsoft is cutting 4,800 jobs as massive AI investments squeeze margins and the Xbox division faces a restructuring. The layoffs reflect a broader tech industry trend where AI spending forces tough efficiency choices.

UN Secretary-General Antonio Guterres warned that AI is developing faster than regulations can keep up, calling for global harmonized rules at the first government-level AI dialogue in Geneva. Delegates are reviewing a scientific panel's report to mitigate risks and seize opportunities.

Young Chinese embrace AI as a ladder to opportunity, while American graduates see it as a threat to their first jobs. The divergence reflects policy, culture, and economic security—not digital skills.

India's IT giants are set to report muted Q1 earnings, with constant-currency growth at just 2.8%. AI-driven disruption and weak client spending are stalling recovery, pushing the Nifty IT index down 28% this year.

Samsung is poised to report an 18-fold profit surge to a record $56.35 billion in Q2, driven by AI memory demand. But a massive employee bonus provision and concerns over AI spending sustainability could cloud the outlook.

Consumer giants L'Oréal and Mondelez are harnessing AI to accelerate product development, repurposing molecules for shampoos and generating novel cookie recipes. The technology is compressing innovation cycles from years to months, executives revealed at a Vienna summit.

SK Hynix is launching a $28 billion U.S. listing on Nasdaq, one of the largest share sales in history, as it capitalizes on the global AI boom. The South Korean chipmaker aims to expand its high-bandwidth memory production and diversify its investor base.

Sam Pitroda argues that on its 250th independence anniversary, America must lead the AI era with renewed generosity, leveraging technology to uplift humanity rather than merely competing with China.

AI, autonomy, and algorithmic warfare are compressing kill chains to minutes. India must urgently develop sovereign AI platforms, drone swarms, and space-based ISR to achieve combat overmatch with Pakistan and asymmetric deterrence with China.

Jane Fraser, CEO of Citi, outlines two critical AI races in banking: leveraging AI for growth and defending against sophisticated threats. Her insights reveal a sector at a crossroads.

India's Supreme Court overturned an NCLT insolvency order after finding it relied on six AI-hallucinated judgments—three entirely non-existent. The bench warned such fabrications contaminate judicial determination and directed the Bar Council to probe AI risks in litigation.

AI hiring in India's IT sector rose 16% year-on-year in June, even as overall IT recruitment fell 3%, according to Naukri's JobSpeak report. The divergence highlights how companies are investing in AI talent amid a slowdown in traditional tech spending.

Michelle Turner leveraged AI to build Here Now Health, a Medicaid-funded mental health platform for foster children, from scratch. Her journey highlights how AI is slashing startup costs and reshaping the U.S. economy, even as the Fed weighs risks of job disruption.

OpenAI CEO Sam Altman has proposed donating 5% of the company's equity to a US sovereign wealth fund, letting the public share in AI profits. The plan faces congressional hurdles and competing proposals like Bernie Sanders' 50% AI stock tax.

A Breakingviews analysis applies René Girard's mimetic theory to the AI arms race, showing how imitation fuels a destructive rivalry among tech leaders like Elon Musk and Sam Altman.

Mainland investors poured HK$305.5 billion into Hong Kong stocks in the first half of 2026, with SMIC and Zhipu AI among top picks. But a 9.1% Hang Seng Index plunge in June, driven by Fed hawkishness and a lack of AI hardware firms, underscores the market's structural challenges.

German engine maker Deutz expects its energy division to triple revenue to over €1 billion within five years, capitalizing on AI-driven demand for backup power. Recent acquisitions and a global footprint position the company to serve data centers worldwide.

Punjab Education Minister Harjot Singh Bains announced an AI curriculum for all government schools starting August 2026. The move aims to prepare students for evolving job markets, but details on implementation remain sparse.

A market rout in AI and cloud stocks was based on a misreading of Meta’s cloud ambitions, according to SemiAnalysis. The firm says Meta’s data center spending will accelerate, not slow, with 2027 capex set to be ‘shockingly high.’

A new GMAC survey of over 600 global recruiters finds AI skills are the top priority when hiring business school graduates. Yet employers warn that communication, grit, and emotional intelligence are the real differentiators for long-term success.

Michael Burry, the investor who predicted the 2008 crash, warns of a global AI bubble. His bearish call comes as China's AI stocks retreat from a record rally, raising fears of a market correction.

The US is using AI as a geopolitical weapon, cutting off model access and forcing India to choose between dependence on American or Chinese systems. India must urgently build sovereign AI capacity to avoid a permanent strategic gap.

The US briefly banned foreign access to Anthropic's Claude Fable 5, then reversed course. The move signals a volatile AI gatekeeping strategy that may accelerate China's AI dominance and force allies to build sovereign alternatives.

During Japanese PM Sanae Takaichi’s visit, India and Japan unveiled a joint roadmap to strengthen energy resilience through strategic oil stockpiling and to build a human-centric AI ecosystem. The agreements target investment, maritime security, and inclusive tech growth across the Indo-Pacific.

Anthropic and the Trump administration have not discussed the U.S. government taking an equity stake in the AI company, a source says. This contrasts with reports that OpenAI has offered a 5% stake, highlighting a split in how leading AI firms approach government ownership.

A United Nations independent panel warns that AI capabilities are outstripping scientific understanding and government policy, raising the specter of catastrophic harm. The report urges swift action to close the governance gap before autonomous systems cause irreversible damage.

Gurgaon's municipal corporation fired two Assistant Sanitary Inspectors for using AI to fabricate a cleanup photo and GPS spoofing to fake attendance. The cases reveal how consumer tech can undermine digital governance.

India's Supreme Court set aside tribunal orders citing AI-hallucinated precedents, declaring such decisions void and demanding zero tolerance. The bench compared the threat to a methyl isocyanate leak, urging the Bar Council to frame strict guidelines.

Meta is quietly developing a cloud service called Meta Compute to rent out its unused AI computing power. The move could challenge AWS and Azure while pressuring partners like CoreWeave.