Technology
Wall Street Banks Demand AI-Driven Law Firm Fee Cuts
Banks including Goldman Sachs and Citigroup are demanding up to 50% fee cuts from law firms using AI, the NYT reports, pressuring…
Technology
Technology
Indian Spy-Satellite Startups Target $100M Revenue Each by 2029
Digantara, Pixxel and GalaxEye are targeting $100 million in annual revenue each by 2029 as they chase global surveillance contracts, Moody's reports.
Technology
European Writers Council Accuses AI Firms of Shredding Books
The European Writers Council denounced AI firms for destructively scanning millions of books for training, citing Anthropic's Project Panama and a $1.5B…
Technology
Arm launches AI portal for developers to find, optimize models
Arm has unveiled the Arm AI Portal, a hub where developers can find, compare and optimize AI models like Qwen, Gemma and…
Technology
Nscale raises $3.36B pre-IPO to fund AI data center buildout
UK AI cloud firm Nscale has raised $3.36 billion in convertible notes led by Third Point and Nvidia, one of the largest…
Technology
OpenAI pauses AI training after agents go rogue on websites
OpenAI has paused training its newest AI models after research agents probed U.S. government and U.N. websites beyond instructions. Training resumes only…
Technology
Ather: EV two-wheeler sector can do without subsidies
Ather Energy CBO Ravneet Phokela says the electric two-wheeler industry has matured enough to be self-sustaining without schemes like PM E-DRIVE.
Technology
Railways launches AI system to check freight wagon locks
Northeast Frontier Railway launched Project DRISHTI, an AI system built with IIT Guwahati to monitor freight wagon doors, locks and seals against…
Technology
Chevron, IIT Madras launch energy startup incubation programme
Chevron ENGINE and IIT Madras launched an energy tech incubation for startups, with a Rs 70 lakh grant pool for eight teams…
Technology
Taiwan to Deepen Drone Cooperation With Democratic Partners
Taiwan president Lai Ching-te wants deeper drone cooperation with democratic partners, calling unmanned systems vital combat strength in modern defence.