Apple unveils Siri AI, a reengineered assistant built on Apple Intelligence with on-device models, Private Cloud Compute, multimodal features and writing tools, rolling out across iPhone, iPad, Mac, Apple Watch and Apple Vision Pro on recent hardware, with staged availability in the EU and China.
Cloudflare reports automated bot traffic now accounts for 57.5% of all HTTP requests, surpassing human activity for the first time, driven by AI agents.
The RBI has increased investment limits for non-residents in Indian equities and government bonds, aiming to attract more foreign capital and deepen domestic markets. Governor Sanjay Malhotra announced the changes on June 5.
Piyush Goyal highlights India’s rise as a trusted investment destination, driven by economic growth, FTAs, regulatory reforms, and infrastructure, poised for two decades of rapid expansion.
Union Cabinet approves Rs 10,000 crore interest-free advance to OMCs, stabilizing ATF prices for Indian airlines amid global volatility and boosting connectivity.
News
Paytm plans to hire 4,000 employees over the next nine to twelve months while cutting about 1% of staff, after sharp workforce swings, rising profits, and a 7% stock gain that still leaves shares over 50% below their 2021 listing.
Tata Consultancy Services Chairman N. Chandrasekaran outlines an AI-first strategy that will slow large-scale hiring as AI agents scale to match its 600,000-strong workforce, even as TCS builds new AI-driven roles.
Infosys has suspended recruitment tests for over 20,000 tech applicants after detecting cheating and impersonation, even as it maintains plans to hire at least 20,000 fresh graduates in FY27 amid scrutiny of its talent pipeline.
The Reserve Bank of India has launched a US dollar-rupee swap facility for FCNR(B) deposits and concessional ECB swaps, backed by tax breaks, with economists projecting up to $50 billion in foreign inflows.
AI Trends
Google secures $30 billion in AI compute capacity from SpaceX for Gemini Enterprise, leveraging 110,000 NVIDIA GPUs. This major deal precedes SpaceX’s IPO, highlighting surging AI infrastructure demand.
Spotlight
Netflix has taken a decisive step in strengthening its India strategy with the launch of a global VFX and post-production hub in Hyderabad, marking a full…
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