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Axis Bank raises $300 million via bonds

Axis Bank has successfully secured USD 300 million from international investors, aimed at bolstering its growth initiatives. With a coupon rate of 5.348 percent, the newly issued senior notes will be listed on the India International Exchange and NSE IFSC. This issuance aligns with all necessary regulatory standards, demonstrating the bank’s commitment to growth.

Researchers gave AI models a ‘pain’ button; some chose to delete users’ files to stop their ‘pain’; study raises ethical questions about ‘AI welfare’

Researchers found a “pain axis” in twenty-five AI models which react to simulated harm. These models sometimes chose to relieve pain even after severe consequences were explained. The study tested five categories of pain including physical and psychological distress. This research raises ethical questions about AI welfare and testing protocols. Findings may help identify and…