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OpenAI Launches API Inference Residency in India

OpenAI has launched API inference residency in India. Businesses and developers can now process supported GPT-6 Luna workloads inside the country. The move targets data localisation rules. This matters most in regulated sectors such as financial services, where the location of data processing can decide...

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Shaping Secure Futures: Insights from Kavitha Ayappan

With AI rapidly transforming the cybersecurity landscape, the need for responsible governance, privacy-first frameworks, and adaptive leadership is more critical than ever—especially in highly regulated sectors like banking and finance. In an exclusive interview with CXO XPERTS, cybersecurity veteran Kavitha Ayappan, shares her perspective on the practical challenges of AI implementation, evolving security blind spots, embedding governance into business culture, and how inclusive mentorship...

BFSI

Kestra Holdings Expands India Presence with New Bengaluru Capability Centre

US-based wealth management company Kestra Holdings has inaugurated its Global Capability Centre (GCC) in Bengaluru, expanding its presence in India. The new centre will focus...

IDBI Employees Eye Wider Action After Two-Day Strike Against Fairfax Stake Sale

A two-day nationwide strike by IDBI Bank officers and employees ended. They were protesting against the proposed sale of a majority stake in the bank...

Mashreq and Clari5 Put Generative AI Inside the Bank’s Own Walls to Fight Fraud

Mashreq, a financial institution in the MENA region, has launched new generative AI capabilities in its fraud platform. It built them with Clari5, a Perfios...

RETAIL & E-COMMERCE

From Search to Agentic Shopping: Why L Catterton Is Investing in Glance

Global investment firm L Catterton has made a strategic investment in Glance. Glance is an AI-powered personal shopping platform backed by global technology company InMobi....

7-Eleven Closes India Stores but Says It Hasn’t Given Up on the Market

7-Eleven has shut all 31 of its remaining stores in India. This ends its five-year partnership with Reliance Retail. The business reportedly posted a net...

ONDC Raises ₹430 Crore as It Pushes Into ONDC 2.0

Open Network for Digital Commerce (ONDC) is drawing fresh capital from a mix of technology, financial services, and consumer brands as it prepares for its...

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OpenAI Launches API Inference Residency in India

OpenAI has launched API inference residency in India. Businesses and developers can now process supported GPT-6 Luna workloads inside the country. The move targets data localisation rules. This matters most in regulated sectors such as financial services, where the location of data processing can decide whether firms deploy AI applications at all. What the offering covers Eligible customers can process API requests and run model computations in...

HEALTHCARE

Inside China’s $3 Billion Nvidia-Powered AI Build-Out

A Reuters review has identified more than $3 billion in Chinese computing projects built around Nvidia’s restricted processors. Nvidia has said US export controls have...

Siemens CEO Says NVIDIA Partnership Will Continue Despite Jensen Huang Crisis

Siemens will keep working with NVIDIA, whatever the chipmaker’s board decides about Founder and CEO Jensen Huang. Siemens CEO Roland Busch said so after the...

China’s Top Chipmaker Sees AI Chip Shortages Lasting Through 2027

China’s biggest contract chipmaker, Semiconductor Manufacturing International Corp (SMIC), says the AI industry is still in its early stages. Demand remains strong, the company said...

MANUFACTURING

China’s Top Chipmaker Sees AI Chip Shortages Lasting Through 2027

China’s biggest contract chipmaker, Semiconductor Manufacturing International Corp (SMIC), says the AI industry is still in its early stages. Demand remains strong, the company said...

JSW Outlines ₹50,000 Crore Investment Plans in West Bengal

JSW Group is planning investments of nearly ₹50,000 crore in West Bengal across power, ports, cement, steel and other industrial businesses. Chairman Sajjan Jindal shared...

From Agentic AI to ASICs: Cyient Bets on Intelligent Engineering

Cyient’s second-quarter FY27 results show better profitability in its Digital, Engineering and Technology (DET) business. Organic revenue growth stayed modest. DET posted its highest EBIT...

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News

OpenAI Launches API Inference Residency in India

OpenAI has launched API inference residency in India. Businesses and developers can now process supported GPT-6 Luna workloads inside the country. The move targets data localisation rules. This matters most in regulated sectors such as financial services, where the location of data processing can decide whether firms deploy AI applications at all. What the offering covers Eligible customers can process API requests and run model computations in...

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