In a landmark encyclical, Pope Leo XIV warned that artificial intelligence must serve humanity, not replace it. The Vatican document raises concerns about job losses, online harm, warfare and the growing power of AI companies. Source link
Navi Mumbai-based global IT solutions provider Black Box is aiming for strong revenue expansion in FY27, while also improving profitability. Sanjeev Verma, Executive Director and CEO of Black Box expects revenue growth could touch 20% in FY27, while margins remain around 10%. Verma said, “If we look at the order book at this time, coming … Read more
OpenAI CEO Sam Altman said on Tuesday the rapid development and adoption of AI would not lead to a global “jobs apocalypse” and the technology had not claimed as many white-collar jobs as he had feared. Speaking virtually at a Commonwealth Bank of Australia (CBA) conference in Sydney, Altman said he was initially concerned about … Read more
The big promise of artificial intelligence to boost productivity is now facing one major issue for tech giants: very high cost. While companies like Microsoft, Uber and Meta are seeing strong productivity benefits from AI coding tools, at the same time, they are also struggling with rapidly increasing spending on tokens, GPUs, servers and AI … Read more
Early-stage investment network IAN Group has deployed nearly ₹625 crore across around 50 deep-tech startups over the last two decades, with such investments accounting for nearly 46% of its overall portfolio, according to Co-Founder Padmaja Ruparel. The investor has backed startups spanning spacetech, semiconductors, biotechnology, medtech, robotics, advanced engineering and agritech. Among its notable investments … Read more
Chinese smartphone maker Oppo has launched its new budget smartphone, the Oppo A6c, in India. The new handset comes with a strong battery life and is aimed at users looking for an affordable smartphone with essential features for daily use. The Oppo A6c is designed for users who want a dependable smartphone without spending too … Read more
Schneider Electric expects its India data center business to outpace broader operations in the country over the next four to five years, driven by surging demand for AI-ready infrastructure, according to a senior executive. Data centers currently account for 15% to 20% of Schneider Electric’s India business and are growing at a double-digit pace, with … Read more
India leads in digital identity infrastructure, but weak access controls, shadow AI tools, and poor governance are leaving enterprises dangerously exposed to cyber breaches. India built the world’s largest biometric identity system. More than a billion people enrolled in Aadhaar, creating a universal identification layer that enabled digital access, financial inclusion, and welfare delivery at … Read more
The Reserve Bank of India (RBI) has constituted an expert committee to examine the potential benefits, risks and challenges associated with building a Quantum Secure and Adaptive Financial Ecosystem (Q-SAFE) for the country’s financial sector. According to an RBI statement, the committee will evaluate the preparedness of the financial industry for the adoption of quantum-safe … Read more
Microsoft is preparing to scale back the use of Anthropic’s Claude Code among its engineers and push developers toward its own GitHub Copilot CLI tool, according to a news report. The company had started offering access to Claude Code in December, which encouraged thousands of employees, including project managers and designers with little or no … Read more
