JPMorgan Chase will not let outside AI agents access customer accounts and act for the customers, CEO Jamie Dimon said, CNBC reported. He gave the bank’s reasons on its third-quarter earnings call. The risks to the bank and its customers are too high, he said, as tech firms such as Meta release autonomous assistants.
Dimon told analysts that the bank will not let just any...
US-based Vertiv has deployed a direct-to-chip, high-density liquid cooling system at CapitaLand India Trust’s CLDC Mumbai 01 data centre. The facility is in Airoli, Navi Mumbai. The system will support 30 megawatts of AI workloads for a hyperscale customer.
Vertiv built the system with CapitaLand India Trust (CLINT), using its secondary fluid network (SFN) technology. The critical digital infrastructure company says it is India’s first...
BillMart, a fast-growing Indian fintech platform, has announced the launch of GigCash — a custom-built credit line aimed at India’s rapidly expanding gig and...
Developing ready-to-use industrial parks and improving logistics infrastructure are now central to India’s strategy to strengthen its manufacturing sector. A new report by Cushman...
The central government has begun pan-India implementation of the Production Linked Incentive (PLI) Scheme for Textiles, aimed at boosting domestic manufacturing of man-made fibre...
India’s e-retail sector is poised for significant expansion, with gross merchandise value (GMV) projected to reach $170–$190 billion by 2030, according to a report...
The Government e-Marketplace (GeM) has emerged as a transformative force in India’s public procurement landscape, fostering transparency, inclusivity, and efficiency. Since its launch in...
India is preparing a $1 billion capital subsidy to accelerate its solar manufacturing industry, focusing on reducing reliance on Chinese imports and positioning itself...
The number of startups in India is expected to surge nearly tenfold over the next decade, reaching 1 million, driven by extensive government support,...
The Union Budget 2025 has unveiled a ₹20 lakh crore credit allocation aimed at bolstering India's Micro, Small, and Medium Enterprises (MSMEs) sector. This...
