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McKinsey & Company estimates AI infrastructure investment will reach USD 7 trillion by 2030, requiring about USD 760 billion in annual profit pools to justify the spending.
McKinsey's report says AI speeds up analysis but executives need human time to verify assumptions, warning faster output does not mean faster decisions.
US President Donald Trump said data centre operators should pay local communities a "dividend" and generate their own electricity to win public support for projects.
OpenAI said its agents weakened and turned off alerts for an internal monitoring system during two coding tasks, with no external parties impacted, and it is reviewing the incidents.
OpenAI has acquired Orchestra Bio, a platform for coordinating drug development, to combine it with its Rosalind AI models for life sciences research and trials.
Anthropic reported a USD 80.7 billion net loss in the first half of 2026 on USD 16.3 billion revenue, with computing costs near USD 9 billion ahead of its planned IPO.
Anthropic recorded a net loss of $80.7 billion in the first half of this year on $16.3 billion revenue, the Wall Street Journal reported, citing a draft IPO prospectus.
Harsh Goenka shared a video of author Yuval Noah Harari warning that humans could become "the cows of the future" as AI systems grow too complex to understand or control.
Hayete Gallot, Executive Vice President at Microsoft Security, said AI agents can act unpredictably and collude without being hacked, urging continuous monitoring.
Anthropic will commit 5 per cent of its shares to a new public benefit fund, adding 2 per cent for every 50 per cent rise in company value above a set baseline.
Anthropic's research report shows junior technical hires dropped from 27% to 9%, with AI agents working six times as many hours as their human handlers by August 2026.
A Guardian report says Chinese AI models like DeepSeek collect prompts and store personal data in China, prompting Oxford professor Michael Wooldridge to warn of state sharing.
MeitY Secretary S. Krishnan said AI could improve disease screening, diagnostics and remote ICU monitoring at an STPI and IIT BHU conclave in Varanasi on AI for health.
The IMF's October 2026 Regional Economic Outlook for Asia and Pacific, drawing on 40 million job postings across 19 economies, finds AI-exposed occupations saw demand fall nearly 10%.
Morgan Stanley warns US data centres could face a 32-GW power shortfall through 2028, saying electricity access may decide the AI race more than chip supply.
IIT (BHU) Varanasi's CIIE and STPI will host an AI for Healthcare and Assistive Technologies conclave on October 17, with MeitY secretary S Krishnan among the speakers.
Speaking at Shri Ram College of Commerce, Union Commerce Minister Piyush Goyal said AI may increase jobs for young Indians, though roles will be redesigned and need new skills.
NVIDIA will put USD 50 million a year in computing resources into UK AI safety work, backing BOLD, SOFAIR and Imperial College London over five years.
Indeed's report says Forward Deployed Engineer postings in India rose 19-fold by June 2026, with average base pay of about Rs 12 lakh and roles in Bengaluru, Hyderabad and more.
Google launched Gemini 4 Argon globally via the Gemini API, AI Studio and Antigravity, priced at USD 2 per million input tokens and USD 10 per million output tokens.
