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Sun Pharma, said that the industry has been taking tentative steps towards innovation. “People are making investments to create capacity within their organization to manage innovation, so that at a certain point of time, we can become an equally important player globally in terms of innovative products,” he said.“But I still don't see innovation at scale…We are very tentative in terms of that investment,” he said.

The AI Impact Summit held last week brought many members of the global technology royalty to New Delhi. It also featured the launch of India’s first multi-billion parameter large language model, saw announcements of big investments in artificial intelligence (AI) infrastructure and ended with an international declaration on the need for democratic diffusion of AI. Venture capitalist Vinod Khosla set the cat among the pigeons by saying that AI may destroy the software services and business processing outsourcing businesses that are so important to the Indian economy.

Subscribe to enjoy similar stories. JPMorgan Chase CEO Jamie Dimon said fears about artificial intelligence that walloped its stock on Monday were overblown and that America’s biggest bank would use the technology to its advantage. “In my view, we’ll be a winner," said Dimon, who was wearing a cast on his left hand after having arthritis and bone spurs treated.

Subscribe to enjoy similar stories. Artificial intelligence is advancing at startling speed. The latest models can now complete complex, hours-long tasks with little human supervision.

Mukesh Ambani's Reliance Industries Ltd (RIL) is looking to replicate its mobile data tariff strategy in smart eyewear — betting on aggressive pricing and scale to bring artificial intelligence (AI)-powered glasses to a wider audience, analysts and industry executives in the know said.JioFrames AI smart glasses, unveiled last year at RIL's annual general meeting, are expected to hit the market in the next 2-3 months, an industry executive said, adding that prices are likely to be significantly lower than the Ray-Ban Meta smart glasses that are available in the market. Analysts expect Jio Platforms to price its smart glasses below ₹10,000, roughly a third of the starting price of the Gen 1 variant offered by market leader Ray-Ban Meta, which sells at around ₹30,000.Smart glasses combine traditional eyewear with built-in speakers, microphones and AI features, allowing users to listen to music, take calls, capture photos and access digital assistance without pulling out a phone.The market for smart glasses has started heating up, with companies such as Lenskart and AI platform Sarvam also looking to launch these products.

Subscribe to enjoy similar stories. Privacy-first user experiences in generative AI are poised to go mainstream this year as consumer discomfort around data sharing rises, Mark Surman, president and board member of web browser Mozilla, told Mint. Surman said that while generative AI may spell the end of conventional data privacy, “there are a lot of innovations happening to make sure that those who aren’t comfortable with AI and the kind of data sharing it needs will have alternate solutions to fall back upon." “We’re seeing the advent of end-to-end encrypted chatbots on the generative AI market right now, where the company at the other end who’s running the chatbots cannot see the messages that you’re sending, or your usage.

India has recently joined a growing list of countries weighing restrictions on children’s access to social media.Speaking on the sidelines of the AI Impact Summit last week, information technology minister Ashwini Vaishnaw said the government is discussing age-based restrictions on social media platforms. The remarks follow closely after the Economic Survey flagged the need to address “digital addiction” among the young.At the state level, Goa, Karnataka, Andhra Pradesh, and Kerala are also examining similar restrictions.

Subscribe to enjoy similar stories. New Delhi: A set of common initiatives and directives signed by India, the US, China and 83 other countries at the recently concluded India AI Impact Summit will shape global collaborations on artificial intelligence (AI) despite the agreement being non-binding in nature, said a top bureaucrat who spearheaded the declaration. On Saturday, the government released the New Delhi declaration that was signed by 88 entities, including the European Union (EU) and the International Fund for Agricultural Development (IFAD).

Subscribe to enjoy similar stories. Hours before the US Supreme Court struck down President Donald Trump's tariffs on Friday, a section of foreign institutional investors (FIIs) in India flipped their bearish bets to bullish ones, even as proprietary traders sharply raised their bullish bets. The two moves, combined, may signal anticipation of a ruling which has the potential to trigger a stock market rally on Monday.

Subscribe to enjoy similar stories. HONG KONG—In his two decades at Silicon Valley venture-capital titan Sequoia, Neil Shen made billions by identifying and investing in every major tech company to emerge in China. Now, the Chinese billionaire is betting big on artificial intelligence, using American capital to fund Chinese firms competing in the global AI race.

thalis with dozens of dishes. Every market fall brings out a familiar spread of explanations—geopolitical tensions, FII selling, disappointing earnings, high valuations—each served with the gravitas of someone who has decoded the universe's deepest mysteries.We could treat such expertise as entertainment rather than investment guidance.

brands online, ahead of Google.This is where the good part ends.Social media is notorious for harming people’s mental health, driving online harassment, disrupting sleep, creating anxiety and accelerating digital addiction. According to Pew research, 48% of American teens say social media harms people their age. India's Economic Survey 2025-26 has flagged the rapid rise of digital addiction and screen-related mental health challenges.

IT services companies which are trying to adapt. Established network agency companies are struggling to stay relevant as advertisers turn to AI to not just generate creatives, but also conduct market research and run campaigns end-to-end.

Subscribe to enjoy similar stories. India’s benchmark indices ended a turbulent week with modest gains on Friday, but sharp swings driven by global cues and a spike in crude oil prices kept investors on the edge. The Nifty 50 closed at 25,571.25, while the BSE Sensex settled at 82,814.70, both rising around 0.4% on Friday.

New Delhi: Global tech giant IBM is sharply focusing on increasing its role in the Indian technology ecosystem, with a targeted three-year plan to offer generative AI-based services and integration especially for public services.In an interview with Mint, Ana Paula Assis, the company’s chairperson for Asia-Pacific, Middle-East and Africa, said IBM views India’s enterprise and public-sector use cases as large business opportunities.“The public sector is one of the biggest opportunities for deployment of AI. There’s no denying that AI is a transformational technology, but enterprises are so far not spending extensively on AI because they are still waiting and watching the technology.

Bengaluru: Swiggy’s decision to shut down its standalone 10-minute food-delivery app Snacc underscores the steep financial hurdles of ultra-fast food fulfillment, a format that remains difficult to scale even with simplified operations. Industry executives told Mint that the move highlights the persistent struggle to build a viable business model in a space where multiple platforms are still racing to find a solution.“Speed alone does not make food delivery work.

India Inc’s December-quarter earnings reflected a festive boost that was strong but selective. It also hinted that the easy phase of margin-led profit growth may be over.Mint’s analysis of 3,905 companies showed headline revenue rose 10% year-on-year in Q3FY26, the fastest pace in seven quarters.

Subscribe to enjoy similar stories. Proprietary traders (prop), or brokers transacting for themselves, have surpassed the market share of individual or direct retail investors on the National Stock Exchange’s (NSE) equities cash segment for the first time in over two decades, according to exchange data. Prop share of cash segment turnover surged to 34.3% in January, up 340 basis points (bps) month-on-month from 30.9% in December and 360 bps higher than January 2025’s share of 30.7%.

Subscribe to enjoy similar stories. Bengaluru/New Delhi: Tata Consultancy Services Ltd (TCS) and Infosys Ltd’s partnerships with OpenAI and Anthropic could prove a win-win for India’s under-pressure technology sector and the fast-growing artificial intelligence (AI) firms. The tie-ups echo earlier strategic pivots that powered expansion in enterprise software two decades ago and cloud services a decade later.

Subscribe to enjoy similar stories. NEW DELHI : India has put forward a framework for how the country's artificial intelligence startups and the world’s frontier labs should build and deploy inclusive AI.

Subscribe to enjoy similar stories. New Delhi: A few years back, a fertilizer manufacturer from India carried out an internal survey of farmers in the 40+ age group. A stark finding was that most farmers felt they were not going to bequeath a worthy asset, the plot of land on which they farm, to the next generation.