News
AI didn’t cause layoffs, says venture capitalist Marc Andreessen. Here’s the real reason
10+ hour, 59+ min ago (399+ words) The idea that artificial intelligence is behind the recent wave of layoffs may be overstated, if venture capitalist Marc Andreessen is to be believed. Speaking on a podcast with 20VC, Andreessen pushed back against the growing narrative that AI is replacing…...
Quit Facebook in 2017, then built a multi billion dollar defence tech company: Who is Palmer Luckey?
7+ hour, 52+ min ago (464+ words) Palmer Luckey, the entrepreneur who built Oculus and later founded defence technology firm Anduril, is back in focus as his company eyes a potential $60 billion valuation amid a global surge in defence spending and rising interest in military technology. Luckey's…...
AI data centres create heat islands, raise temperatures up to 16.4°F, study warns
13+ hour, 32+ min ago (419+ words) AI may be powering the future, but it could also be quietly heating up the present. A new study has found that data centres driving artificial intelligence are raising temperatures around them, creating local "heat islands" and affecting millions of…...
Banks, enforcement agencies expand AI use to detect fraud and manage financial risks
9+ hour, 21+ min ago (265+ words) The use of artificial intelligence in fraud detection and risk monitoring is expanding across financial institutions and enforcement systems, according to a Parliamentary Standing Committee report. The report highlights that AI is being used to analyse large volumes of data…...
India AI talent gap: Demand for skilled professionals outpaces supply, says Parliamentary report
9+ hour, 42+ min ago (379+ words) India's ambitions to emerge as a global hub for artificial intelligence are gathering pace, but a widening gap between demand and supply of skilled professionals could act as a constraint, according to a Parliamentary Standing Committee report. The report highlights…...
India Parliamentary panel warns on deepfakes, seeks stronger AI regulation framework
9+ hour, 34+ min ago (324+ words) The rapid adoption of artificial intelligence is bringing with it new risks, including the misuse of deepfakes and synthetic content, prompting a need for safeguards, according to a Parliamentary Standing Committee report. The report emphasises the importance of developing a…...
India’s family offices deploy $786 million into marketing tech firms and digital marketing agencies
17+ hour, 20+ min ago (484+ words) Wealthy Indian families are rapidly increasing investments in marketing technology and agency firms, directing $785.8 million between 2021 and 2026 into these new-economy sectors. According to data shared by the marketing intelligence platform, Tracxn, nearly 40 family offices in the country have backed at…...
Anthropic CEO Dario Amodei flags real-world AI risks as technology reaches individuals
15+ hour, 58+ min ago (318+ words) Dario Amodei, chief executive of Anthropic, has outlined a range of risks associated with advanced artificial intelligence, noting that the technology is entering a phase where its effects will be felt directly by individuals. In a recent essay, Amodei described…...
Explained: Why token consumption is becoming key to AI revenue models
17+ hour, 22+ min ago (579+ words) For decades, software companies have relied on one core metric: annual recurring revenue (ARR). It worked because customers signed contracts, revenue was predictable, and growth could be forecast with clarity. Users paid a fixed fee, logged in, and used the…...
Inside Omnicom’s $17 billion machine: How the advertising giant books revenue
16+ hour, 29+ min ago (659+ words) Also read: India emerges as a bright spot for Omnicom in Asia-Pacific growth story The 2025 annual report offers a more detailed view, one that reflects the intricacies of modern marketing services, where revenue is tied not just to creative output…...