Category: Business News & Economy

A customer’s attempt to sell his BMW back to a dealership turned into a lesson in AI accountability when an artificial intelligence chatbot mistakenly negotiated a higher buy-back price than intended. After initially revoking the offer, the dealership ultimately honoured it following media scrutiny. The incident highlights growing questions around the legal and operational responsibilities…

The World Economic Forum has named 100 early-stage companies from 23 countries as its 2026 Technology Pioneers. Spanning AI infrastructure, clean energy, space and healthcare, the cohort reflects how AI is enabling small startups to solve challenges that once demanded billion-dollar budgets.

Apple’s AI ambitions are entering a new phase. Reports suggest that iOS 27 will introduce a new generation of advanced Apple Intelligence features, but not every device will be able to access them. As AI becomes increasingly tied to hardware performance, Apple appears to be drawing a sharper line between software updates and true AI…

Google is redesigning its iconic search bar for the first time in 25 years as AI transforms how people find information online. Powered by Gemini 3.5 Flash, the updated experience will support longer questions, file uploads, conversational follow-ups, and automated search assistance, marking a major shift in the future of search.

The AI market has moved past potential. Enterprises are now evaluating products on a single metric: measurable business impact. The ET Most Innovative AI Product Awards 2026 recognise the solutions that are proving it.

Chip stocks surged on Wednesday, adding over $400 billion in market value, fueled by optimistic forecasts from Micron Technology and Qualcomm. Micron’s strong outlook for memory chips and Qualcomm’s ambitious data center growth targets reignited investor confidence in the AI trade. This positive sentiment boosted rivals and equipment suppliers, signaling a robust demand for AI-driven…

Asian markets saw a cautious rebound Wednesday after a significant tech-led global selloff, reigniting worries about the AI rally’s sustainability. South Korea’s Kospi surged, led by Samsung Electronics, following a steep decline. Investors now keenly await Micron Technology’s results for clues on AI infrastructure demand, with some strategists predicting further downside for the semiconductor sector….

Asian markets surged, mirroring US futures, as Micron Technology’s stellar sales forecast reignited AI trade confidence. The chipmaker’s shares jumped significantly after projecting robust future demand, easing concerns for regional bourses. This optimism, coupled with falling oil prices, provided much-needed relief. Investors are also watching the dollar’s strength and Treasury yields, which have seen notable…

Gold prices are facing a significant downturn, nearing a fourth consecutive weekly loss, as a robust US dollar and anticipated aggressive interest rate hikes by the Federal Reserve to combat inflation exert pressure. The precious metal has dipped below the $4,000 per ounce mark for the first time in years. Analysts predict this downward trend…

Tech stocks pulled down the Nasdaq and S&P 500 due to valuation worries and concerns over AI spending, falling crude prices bolstered airlines and travel sectors. The Dow Jones Industrial Average, however, finished higher. Homebuilders also experienced a significant surge. Investors are now keenly awaiting inflation data for clues on the Federal Reserve’s next move.