Global oil prices have climbed to their highest levels in more than five months amid escalating Middle East tensions and concerns about potential disruptions to energy supplies and shipping routes. A sustained increase in crude prices could raise transportation costs, intensify inflationary pressure and create fresh uncertainty for businesses and financial markets worldwide.
Artificial intelligence is accelerating the discovery of software vulnerabilities, raising concerns about cyberattacks and digital service disruptions worldwide. Security experts warn that organisations must strengthen their defences and patch vulnerable systems faster as AI transforms the cybersecurity landscape.
Critical vulnerabilities in PHP have triggered urgent security warnings after researchers used advanced AI tools to help identify flaws that could allow remote code execution and server compromise. PHP maintainers released security updates on October 21, prompting organisations to patch affected systems immediately or consider taking vulnerable services offline until they are secured.
OpenAI and Google Cloud have announced a partnership to bring OpenAI's advanced AI models and Codex coding workflows to Google Cloud's Model Garden. The move gives enterprise customers another way to access frontier AI models through existing cloud infrastructure, while intensifying competition in the enterprise AI market.
Axis Bank shares fell as much as 5% on October 19 after the lender's September-quarter net profit came in below analyst expectations. Despite a 38% year-on-year profit increase and strong loan growth, higher operating expenses and weaker treasury income weighed on investor sentiment.
Nvidia is expanding its AI infrastructure business as cloud-computing startup Modal plans to adopt its new Vera CPUs for AI agent workloads. Early tests reportedly showed significant performance gains, highlighting Nvidia’s push into a processor market traditionally dominated by Intel and AMD.
SoftBank Group is reportedly in preliminary talks to acquire global security services company Allied Universal in a potential $18 billion deal, excluding debt. The proposed acquisition highlights SoftBank’s growing interest in AI, robotics, and automation across traditional industries. The deal remains unconfirmed.
Replit has made OpenAI its default AI model provider, replacing Anthropic as its preferred option for AI-powered coding. The move highlights intensifying competition between AI companies over model performance, pricing, reliability, and partnerships in software development.
Meta removes controversial language from its commercial terms following concerns about website scraping, AI training, content ownership, and publisher rights.
Surging energy prices, escalating tensions in the Middle East and renewed inflation concerns are keeping global investors on edge.
Indian stock markets closed lower on September 7 as weakness in technology stocks, rising crude oil prices and global uncertainty weighed heavily on investor sentiment.
The new speech-to-text model is designed to understand real-time multilingual, Hindi, English and code-mixed conversations across India's banking, financial services and insurance industry.
The Bengaluru-based space technology company secures fresh investment to accelerate its satellite and Earth intelligence ambitions. Indian space-tech startup Pixxel has reportedly raised $100 million in a major funding round, marking another significant milestone for India's rapidly growing private space technology ecosystem. The investment is expected to strengthen the company's satellite infrastructure and expand its Earth observation capabilities.