Tag: Job Cuts

CSM Technologies Achieves ISO/IEC Certification, Formalises AI Governance Framework Across GovTech Portfolio

The independent certification covers CSM's AI, machine learning and generative AI solutions, and comes as clients and regulators worldwide push for stronger AI oversight CSM Technologies Limited, a Bhubaneswar-headquartered GovTech and enterprise IT solutions company, has been certified to ISO/IEC 42001:2023, the world's first international standard for Artificial Intelligence Management Systems (AIMS). The certification follows an independent audit and covers the company's end-to-end technology services....

Can UPI Become the Native Payment Interface for Billions of AI Agents?

By Vijeth Shivappa As AI agents begin searching, negotiating and purchasing on behalf of people and enterprises, the strategic question is no longer whether machines will transact—but how human authority, payment execution and accountability will be connected. Artificial intelligence is rapidly moving beyond answering questions and generating content. The next phase of AI will involve autonomous agents that search for products, negotiate with service providers, book...
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Cloud Division Layoffs Hit ‘Specialists’ at Amazon

Amazon has laid off several hundred employees within its Amazon Web Services (AWS) division as part of an internal restructuring effort. The job cuts,...

HSBC to Cut Investment Banking Jobs in Global Restructuring

HSBC Holdings is set to initiate a new wave of job cuts within its investment banking division as part of CEO Georges Elhedery’s restructuring...