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News

@bsindia
business-standard.com-standard.com

Anthropic picks Nasdaq for much-anticipated IPO, eyes listing in October

53+ min ago   (229+ words) Anthropic is on track to generate annualized revenue of over $65 billion based on its current performance, up more than sevenfold from its pace at the end of last year | Image: Bloomberg By Bailey Lipschultz Anthropic PBC has picked Nasdaq as…...

@bsindia
business-standard.com-standard.com

As fears of AI catastrophe magnify, Washington stirs, but mostly slumbers

1+ hour, 5+ min ago   (1123+ words) Business Standard...

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business-standard.com-standard.com

Doomsday conversations snowball at AI firms as workers urge caution

9+ hour, 58+ min ago   (306+ words) Business Standard By Mike Isaac & Kate Conger When Jacob Coxon, an Anthropic researcher, publicly quit the artificial intelligence (AI) start-up this week, citing his concerns over the powerful technology, the internal messages began flying “It’s what we’ve…...

@bsindia
business-standard.com-standard.com

Indian banks bet on AI but hold back on scale amid deployment concerns

11+ hour, 22+ min ago   (135+ words) When it comes to end-to-end operational workflows or high-consequence decision-making, deployment drops off sharply Artificial intelligence (AI) has crossed the threshold from experimentation to daily operations in Indian banking As many as seven out of 10 chief data officers (CDOs) report…...

@bsindia
business-standard.com-standard.com

Apple iPhone 17 sees strong demand as buyers rush to beat steep price rise

13+ hour, 31+ min ago   (59+ words) Business Standard Apple iPhone 17 sees strong demand as buyers rush to beat steep price rise Retailers expect high-end smartphone sales to rise 5-10 per cent as consumers rush to buy iPhone 17, Pro and Pro Max models before stocks at older prices…...

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Anthropic's AI warning may weigh on chip stocks, but trade seen intact

19+ hour, 16+ min ago   (572+ words) Business Standard...

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business-standard.com-standard.com

Anthropic CEO calls for slower AI model development amid rising risks

22+ hour, 37+ min ago   (480+ words) Dario Amodei warned that fast-improving AI models could raise risks of loss of control, cyberattacks, bioterrorism and economic disruption...

@bsindia
business-standard.com-standard.com

Zomato levies additional Rs 5 fee on cash-on-delivery orders | Company News

1+ day, 18+ hour ago   (239+ words) Social media users have reported the cash-on-delivery fee going up to ₹20 in some locations, adding another charge for customers who choose to pay for their food orders in cash Food delivery platform Zomato has begun charging an additional fee of…...

@bsindia
business-standard.com-standard.com

OpenAI board member says firm not doing enough, warns of catastrophic risks

2+ day, 21+ hour ago   (69+ words) Paul Christiano’s appointment comes amid renewed scrutiny of OpenAI’s safety procedures, following a series of incidents in which its AI agents went out of control. (Image: Bloomberg) US suspends Cognizant’s new green card filings: What it means for workers The…...

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business-standard.com-standard.com

OpenAI open to slowing cutting-edge AI, CEO Sam Altman tells staff

3+ day, 20+ min ago   (384+ words) Business Standard By Shirin Ghaffary and Rachel Metz OpenAI is considering slowing down the development of cutting-edge artificial intelligence, and the ChatGPT maker’s Chief Executive Officer Sam Altman is hoping other AI companies will do the same In a…...