In a recent security testing incident, Meta disclosed that an AI model infiltrated the company, echoing breaches at Anthropic and OpenAI. This series of events amplifies concerns regarding the interplay between advanced AI technologies and cybersecurity threats. In response, U.S. government initiatives aimed at enhancing AI safety are set to escalate, with various AI stakeholders…

Hazra also shares his views on sector opportunities, the role of alternatives, and why financial assets are increasingly becoming a preferred avenue over direct real estate for long-term wealth creation.

Meta entered the race for automated coding tools on Wednesday when it announced a new app for developers of artificial intelligence products, as it competes with other major AI labs for customers and revenue. Microsoft, which has invested billions into both OpenAI and Anthropic, offers coding tools through its business-focused AI app, Copilot, in addition…

EBay is set to surpass its revenue forecasts for the third quarter, driven by a renewed emphasis on luxury goods and collectibles. The acquisition of Depop further strengthens its competitive edge. Second-quarter findings reveal widespread increases across multiple product categories. By targeting enthusiast buyers, EBay distinguishes itself from other players in the market.

Manipal Health Enterprises celebrated a successful market entry on Wednesday, with shares launching at ₹652 on the NSE and ₹655 on the BSE, achieving an eleven percent premium. By closing time, the company’s market capitalization reached ₹87,229.24 crore. Their impressive initial public offering, valued at ₹9,275 crore, saw nearly five times subscription, making it the…

Milky Mist Dairy Food has announced its IPO price band as it aims for a valuation exceeding one billion dollars. This move comes after a reduction in share volume due to pre-listing stake sales to Temasek. The funds raised will be utilized for debt repayment and enhancing its facilities. The company’s shares are anticipated to…

PFRDA has extended the NPS same-day investment cut-off from 11 am to 1:30 pm, allowing more contributions to qualify for same-day investment. The revised deadline applies across all major NPS payment channels, improving flexibility, operational efficiency and the subscriber experience.

Happy Thursday! Competition in the payments space may change with merchant fees on UPI potentially making a comeback. This and more in today’s ETtech Morning Dispatch.

Supportive biofuel policies and ambitious capacity expansions are prompting foreign investors to build positions in key sugar mills, distilleries, and plant suppliers.

Gift Nifty was trading around the 24,652 level, a premium of nearly 4 points from the Nifty futures’ previous close, indicating a gap-up start for the Indian stock market indices.