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Global Technology Leaders Launch Open Secure AI Alliance to Strengthen AI Safety and Cybersecurity
A coalition of leading technology companies and industry organizations has announced the formation of the Open Secure AI Alliance, a collaborative initiative aimed at improving the safety, security, and trustworthiness of artificial intelligence systems. The alliance seeks to encourage open collaboration, establish security best practices, and promote responsible AI development as adoption accelerates across industries.
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Indian IT Stocks Rally as Chipmaker Selloff Intensifies; Coforge and Mphasis Lead Sector Gains
India's information technology sector staged a strong comeback with the IT index climbing nearly 3%, even as global semiconductor stocks remained under pressure. Investors shifted focus toward software and IT services companies, with Coforge and Mphasis emerging as the top performers amid changing market sentiment and expectations of resilient technology spending.
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Jefferies Upgrades Indian IT Sector to Neutral, Adds Infosys to Model Portfolio Amid Improving Outlook
Global brokerage Jefferies has upgraded its stance on India's information technology sector from Underweight to Neutral, signaling a more balanced outlook after a prolonged period of caution. The brokerage has also added Infosys to its model portfolio, citing improving business fundamentals, attractive valuations, and expectations of a gradual recovery in technology spending.
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Indian-Origin Tech Leader Uday Ruddaraju Named CTO of Compute at OpenAI, Strengthening AI Infrastructure Leadership
OpenAI has appointed Indian-origin technology executive Uday Ruddaraju as its Chief Technology Officer (CTO) of Compute, highlighting the company's growing focus on expanding the computing infrastructure required to train and deploy advanced artificial intelligence models. His elevation comes after nearly a year at OpenAI following his move from xAI.
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AI in Modern Surgery: How Artificial Intelligence Is Enhancing Surgical Precision and Patient Care
Artificial intelligence is reshaping modern surgery by helping surgeons improve precision, reduce complications, and make faster clinical decisions. While AI is not replacing surgeons, it is becoming a powerful tool that supports safer procedures, personalized treatment, and better patient outcomes.
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Jefferies Upgrades IT Sector to Neutral as AI Momentum Eases, Predicts More Balanced Outlook for Technology Stocks
Global brokerage Jefferies has upgraded the information technology (IT) sector to a "Neutral" stance, indicating that the rapid AI-driven rally that propelled technology stocks over the past year is beginning to moderate. While artificial intelligence remains a major long-term growth catalyst, the brokerage believes investor expectations have become more balanced, creating a healthier environment for the sector.
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Kerala CM Launches IBS Software’s AI Venture Naviq Technology to Strengthen the Future of Global Travel
Kerala Chief Minister Pinarayi Vijayan has inaugurated Naviq Technology, the new artificial intelligence venture launched by IBS Software. The initiative aims to develop advanced AI-driven solutions for the global travel and transportation industry, reinforcing Kerala's growing reputation as a technology and innovation hub while supporting the digital transformation of aviation, hospitality, and travel services.
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Odisha Signs ₹15,000 Crore AI Investment Deals With HCL and Sarvam AI to Build Data Centre and Delivery Hub
Odisha has taken a major step toward strengthening its digital economy by signing Memorandums of Understanding (MoUs) with HCL and Sarvam AI for projects worth ₹15,000 crore. The agreements include plans for a large AI-focused data centre and a technology delivery hub, reinforcing the state's ambition to become a leading destination for artificial intelligence, cloud infrastructure, and digital innovation.
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AI Spending Surges as Major Tech Companies Continue Workforce Reductions
Leading technology companies are continuing to invest billions of dollars in artificial intelligence even as they announce fresh rounds of job cuts across various divisions. The parallel trend has intensified debate over whether AI is transforming business operations, reshaping hiring strategies, or permanently altering the future of work.
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White House Reviews OpenAI AI Incident as U.S. Lawmakers Push for Emergency ‘Kill Switch’ Proposal
A reported AI safety incident involving OpenAI has drawn attention from the White House, while U.S. lawmakers are discussing proposals that could require emergency shutdown mechanisms—often described as AI "kill switches"—for advanced artificial intelligence systems. The debate highlights growing concerns over balancing innovation with stronger safety oversight.
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China’s ‘Twin Stars’ CXMT and YMTC Are Reshaping the Global Chip Industry
Chinese semiconductor companies CXMT and YMTC have emerged as two of the country's most influential chipmakers, strengthening China's domestic technology capabilities. Their rapid progress in memory chip production is reshaping global semiconductor competition and reducing China's reliance on foreign suppliers.
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Nvidia, Microsoft and Global Tech Leaders Throw Their Weight Behind Open-Source AI Models
Some of the world's biggest technology companies, including Nvidia and Microsoft, are increasing their support for open-source artificial intelligence models. The move reflects a growing belief that openly accessible AI can accelerate innovation, expand enterprise adoption, and encourage broader collaboration across the technology industry while intensifying competition in the AI market.
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OpenAI Expands Enterprise AI Strategy with Presence, Combining AI Agents and Expert Engineering Support
OpenAI has introduced Presence, a managed enterprise platform that combines AI agents with dedicated deployment expertise to help organizations automate customer-facing and internal workflows. Rather than offering a self-service product, OpenAI is pairing advanced AI capabilities with Forward Deployed Engineers and integration partners to help businesses build, govern, and continuously improve production-ready AI systems.
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Nvidia Turns to Physical AI to Accelerate Healthcare Robotics Through Smarter Data Generation
Nvidia is expanding its focus on physical AI as a way to address one of healthcare robotics’ biggest challenges: the shortage of high-quality real-world training data. By leveraging AI-powered simulation and synthetic environments, the company aims to help developers train robotic systems faster, improve performance, and accelerate innovation in medical and healthcare applications.
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AMD Commits Up to $5 Billion to Anthropic in Major AI Infrastructure Partnership
AMD has announced plans to invest up to $5 billion in Anthropic as part of a strategic AI infrastructure agreement, signaling a significant expansion of its ambitions in the artificial intelligence ecosystem. The partnership aims to strengthen AI computing capacity, accelerate the development of advanced AI models, and deepen collaboration on next-generation AI infrastructure.
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Converging Perils: Nobel Laureates and Global Leaders Warn Against Outsourcing Human Ethics to AI
Nobel laureates, scientists, religious leaders, former political figures and technology experts have issued a joint appeal urging governments to keep decisions involving war, lethal force and human survival under meaningful human control. Their warning came through the Rome Declaration for an Unarmed and Disarming Peace, adopted after a three-day international assembly examining the combined dangers of artificial intelligence, autonomous weapons and nuclear escalation.
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How Moonshot AI’s Kimi K3 Disrupted the OpenAI-Anthropic Duopoly
Chinese artificial intelligence startup Moonshot AI has intensified competition at the frontier of AI with Kimi K3, a 2.8-trillion-parameter multimodal model built for coding, long-context analysis, knowledge work and advanced reasoning. Moonshot says the model can compete with leading systems from OpenAI and Anthropic, while its planned open-weight release has drawn attention from developers, policymakers and investors. Independent testing will still be needed.
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AI and Automation Could Generate $228 Billion in Annual Value for U.S. AEC Sector by 2030: McKinsey
Artificial intelligence and related automation technologies could unlock roughly $228 billion in annual value for the architecture, engineering and construction industry in the United States by 2030, according to McKinsey. The consultancy says the biggest gains may come from redesigning entire workflows across bidding, design, procurement, project controls and site operations rather than using AI only for isolated administrative tasks.
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Kimi K3 Signals China’s New AI Strategy, Shifting Focus From Raw Compute to Memory Efficiency
Chinese AI startup Moonshot AI has introduced Kimi K3, an open-weight large language model that reflects a changing approach to artificial intelligence development. Rather than relying solely on ever-larger computing clusters, the model emphasizes memory efficiency, long-context processing, and architectural innovation, highlighting how AI competition is evolving beyond raw computational power.
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US Public Health Agencies to Pilot OpenAI and Anthropic AI Models in New National Initiative
Public health agencies across the United States are preparing to evaluate enterprise artificial intelligence tools from OpenAI and Anthropic through a new pilot initiative designed to explore how generative AI can improve public health operations. The program aims to help health departments test practical AI applications while developing guidance for broader adoption across government agencies.
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Bristol Myers Squibb Expands AI Ambitions With Nvidia Supercomputer for Faster Drug Discovery.
Global pharmaceutical company Bristol Myers Squibb (BMS) has strengthened its artificial intelligence strategy by becoming the first life sciences company to acquire Nvidia’s latest DGX SuperPOD powered by the Vera Rubin architecture. The advanced computing platform is expected to accelerate drug discovery, improve research efficiency, and enable the development of more sophisticated AI models across the company's pharmaceutical pipeline.
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Google Reportedly Developing ‘Frozen v2’ AI Server Chip to Improve Gemini Performance and Power Efficiency.
Google is reportedly working on a new in-house AI server chip, informally known as "Frozen v2," to make its Gemini artificial intelligence models run more efficiently. According to reports, the specialized processor would integrate elements of Gemini directly into the hardware, potentially delivering significantly higher performance while consuming less power. The project is still under development and is expected to complement—not replace—Google's existing Tensor Processing Units (TPUs).
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OpenAI Briefly Paused Release of Advanced AI Model After Internal Safety Review Revealed Unexpected Risks.
OpenAI temporarily halted access to one of its advanced experimental AI models after internal testing uncovered unexpected safety issues that existing evaluations had failed to detect. The company later resumed limited access after introducing stronger safeguards, additional monitoring systems and updated evaluation methods, underscoring the growing importance of AI safety as models become capable of performing longer and more autonomous tasks.
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Anand Mahindra Says AI Will Strengthen, Not Replace, India's IT Services Industry
Tech Mahindra Chairman Anand Mahindra has said that artificial intelligence will not reduce the importance of India's IT services sector but will instead make it more valuable. Speaking at the company's 39th Annual General Meeting (AGM), he emphasized that AI is transforming the nature of technology services, creating new opportunities for enterprises, innovation, and trusted AI deployment.
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ET Most Innovative AI Product Awards 2026 Spotlight Enterprise AI That Earns Organizational Trust
The ET Most Innovative AI Product Awards 2026 highlight a growing trend in enterprise technology: successful AI products are no longer judged solely by technical capabilities. Instead, organizations increasingly evaluate solutions based on business impact, governance, security, scalability, and cross-functional approval before adoption.
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