
AI Could Free Up 40% of Bank Workforce Capacity by 2030: BCG
A new BCG report reveals how AI will transform middle and back-office banking functions, freeing up 40% capacity by 2030.
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A new BCG report reveals how AI will transform middle and back-office banking functions, freeing up 40% capacity by 2030.

LSEG partners with NVIDIA to use GPUs and cuDF to process massive Tick History datasets in seconds instead of hours for financial institutions.

NVIDIA announces a massive $250 million investment over five years to boost AI safety and security research across leading UK institutions.

A new Adobe report reveals only 6.7% of Indian firms have scaled AI across workflows, while 59% struggle to move past pilot projects.

A Saudi national was arrested for planting a covert audio device in an OpenAI executive room to steal superintelligence technology secrets.

OpenAI used its own AI models to trace a hidden recording device back to an employee, leading to an FBI investigation and arrest.

The Indian Embassy in Jakarta has introduced Dewi, an AI avatar designed to provide updates on culture, business, and consular services in Indonesia.

Winning teams of the Sentinel Hackathon 2026 receive ₹18 lakh as Gujarat Police embraces AI and CCTV for smart policing.

Adani Enterprises and Jabil sign MoU for a 50:50 JV to manufacture AI and data centre hardware in India to meet rising global demand.

Infosys CEO Salil Parekh warns that high chip costs and cheaper AI models could threaten data centre capacity and infrastructure investments.

IBM and MeitY Startup Hub sign MoU to help deep-tech startups scale AI, quantum computing, and hybrid cloud solutions for global markets.

Gina Raimondo urges deeper US-India collaboration on AI and semiconductors to ensure global security and supply chain resilience.

BHASHINI's real-time multilingual AI translation tool was deployed to assist international civil servants during a major governance programme in Mussoorie.

Morgan Stanley reports a massive funding surge for US AI data centre startups as power constraints drive investors toward energy and computing solutions.

Nandan Nilekani suggests using AI to generate exam papers on the day of the test and expanding computer-based testing to end paper leaks.

Anthropic introduces advanced security to stop distillation attacks, preventing unauthorized entities from stealing Claude's reasoning capabilities.

Microsoft CEO Satya Nadella announces massive scale-up of in-house Azure Maia AI chips to boost efficiency and performance by 2027.

Apple's iOS 27 introduces granular parental controls including Ask to Browse and enhanced Communication Safety to protect children online.

Researchers at IIT Guwahati develop an ultrathin artificial synapse for low-energy visual processing and facial recognition.

Meta launches Muse Wonder and Muse Wonder Full AI models to tackle complex tasks like legal, financial, and coding work.

Fortis Escorts New Delhi introduces the ARTIS pheno.vision, an AI-powered hybrid cath lab for precision cardiac and vascular treatments.

HCLTech partners with Anthropic to scale secure, governed agentic AI across global enterprises using Claude and Claude Code.

Discover the first look at Jamlok, a groundbreaking AI horror film blending generative technology with real human performances.

McKinsey report reveals why companies must redesign their core structures and decision-making processes to truly succeed with Artificial Intelligence.