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Indian Enterprises See AI Investment Returns But Readiness to Manage Risks Plummets by 8%

Kyndryl's 2026 Readiness Report reveals that 60% of Indian business leaders report positive AI investment returns, up 3 points from 2025. However, average readiness to manage external risks fell 8 percentage points to 27%. Only 35% of Indian organisations are completely prepared to manage cyberattacks, down 10 points from last year.

Business3 sources

Indian Enterprises See AI Investment Returns But Readiness to Manage Risks Plummets by 8%

Business3 sources

Microsoft and Ohio State University Launch Five-Year AI Partnership to Transform Healthcare Delivery

Microsoft and Ohio State University announced a five-year partnership to integrate AI and cloud technology at Wexner Medical Center. The deal will shift 70-80% of computing to Azure, expand AI note-taking tools, and develop a smart hospital model connecting facility and clinical systems to reduce administrative burdens and improve patient care.

Health2 sources

Microsoft and Ohio State University Launch Five-Year AI Partnership to Transform Healthcare Delivery

Health2 sources

Australian STEM Videogame Challenge Cancelled as Students Submit AI-Generated Games

After 12 years of fostering young developers, the Australian STEM Videogame Challenge will end in 2026. The Australian Council for Educational Research confirmed the shutdown stems from the rise of generative AI making it impossible to judge original student creations from AI-generated entries.

Entertainment2 sources

Australian STEM Videogame Challenge Cancelled as Students Submit AI-Generated Games

Entertainment2 sources

AI Agent Costs Push Banks to Rethink Budgets as McKinsey Warns of 20% Labor Cost Impact

McKinsey's Global Banking Annual Review reveals AI in banking could cut costs by 20% or more, but token spending for AI agents may reach 20% of total labor costs. Banks are establishing AI FinOps teams to manage soaring expenses while customers adopt AI faster than any previous technology.

Business4 sources

AI Agent Costs Push Banks to Rethink Budgets as McKinsey Warns of 20% Labor Cost Impact

Business4 sources

95% of Students Now Use AI for University Assessments as Institutions Struggle to Adapt

AI use among university students has surged to 95% in 2025, with nearly 30% of STEM dissertations containing AI-generated text. England's Office for Students warns of a 'generational risk' to academic integrity as universities scramble to implement AI-proof assessment methods and policies.

Policy10 sources

95% of Students Now Use AI for University Assessments as Institutions Struggle to Adapt

Policy10 sources

IBM and Microsoft Launch Agentic AI Platform With Over 6,000 Prebuilt Agents for Enterprise Use

IBM and Microsoft have launched Imagine Enterprise, an agentic AI platform combining over 6,000 prebuilt AI agents with enterprise cloud and security infrastructure. The platform targets regulated industries like financial services, insurance, and retail, helping organizations build, deploy, and govern AI agents across business processes while maintaining compliance and security controls.

Technology4 sources

IBM and Microsoft Launch Agentic AI Platform With Over 6,000 Prebuilt Agents for Enterprise Use

Technology4 sources

Bilt Expands Beyond Rent Rewards with AI Platform Targeting $6.6 Trillion Local Business Market

Bilt, known for its rent rewards program, launched Bilt Neighborhood OS, an AI-powered platform connecting local businesses with customers. The FinTech startup is targeting the $6.6 trillion neighborhood commerce market with partnerships including Houston Rockets, Phoenix Suns, and Sacramento Kings, helping small businesses compete with major chains.

Technology5 sources

Bilt Expands Beyond Rent Rewards with AI Platform Targeting $6.6 Trillion Local Business Market

Technology5 sources

Cognizant Commits 25,000 Professionals to Deploy Anthropic Claude in Enterprise AI Push

Cognizant announced the formation of its Claude Frontier Capability Group, dedicating over 25,000 professionals to deploying Anthropic's Claude AI model for enterprise clients. The IT services giant is also introducing a managed services model to operate Claude-powered systems in production, addressing the critical talent gap in enterprise AI implementation.

Business3 sources

Cognizant Commits 25,000 Professionals to Deploy Anthropic Claude in Enterprise AI Push

Business3 sources

Froncort.AI Secures $2.3M from Google.org to Scale AI Disease Screening Across India

Pune-based healthcare AI startup Froncort.AI has received $2.3 million from Google.org to expand its AI-NETRA platform for disease surveillance. The AI-based disease surveillance platform combines satellite data with health records to help frontline health workers detect tuberculosis and other infectious diseases more efficiently, screening 66% fewer people while finding similar cases.

Health2 sources

Froncort.AI Secures $2.3M from Google.org to Scale AI Disease Screening Across India

Health2 sources

Patients Demand Provider Oversight as AI in Healthcare Expands: 56% Accept AI Diagnosis With Human Control

A West Health-Gallup survey of over 5,000 patients reveals 56% are comfortable with AI making diagnosis or treatment decisions only when providers can override them. Without provider oversight, patient comfort plummets to just 9%, exposing a critical trust gap as 89% of providers already use AI but only 20% received formal training.

Health3 sources

Patients Demand Provider Oversight as AI in Healthcare Expands: 56% Accept AI Diagnosis With Human Control

Health3 sources

Bay Exits Stealth with $50M to Secure AI Agents Before They Act

Israeli AI security startup Bay emerged from stealth with $50 million in funding after nine months. The platform checks every AI agent action before execution, helping enterprises like Micron and Wix triple autonomous AI agent use while maintaining control and accountability.

Technology5 sources

Bay Exits Stealth with $50M to Secure AI Agents Before They Act

Technology5 sources

David Ellison Says AI Could Be the Biggest Creative Unlock in Modern History

Skydance CEO David Ellison declared AI could surpass CGI as the film industry's most transformative technology during his first earnings call leading the merged Paramount and Warner Bros. empire. While championing AI's creative potential, he emphasized premium hand-crafted storytelling will remain valuable in a world of AI slop.

Entertainment3 sources

David Ellison Says AI Could Be the Biggest Creative Unlock in Modern History

Entertainment3 sources

Qantas to Cut 850 Australian Jobs as AI-Driven Overhaul Shifts Work to India

Qantas signed a multi-year Accenture partnership to modernize its back-end systems through AI and automation, affecting 850 roles starting mid-2027. The move shifts corporate functions including finance, marketing and procurement to India as the airline tackles legacy systems and cost pressures.

Business6 sources

Qantas to Cut 850 Australian Jobs as AI-Driven Overhaul Shifts Work to India

Business6 sources

Space and Time Launches Enterprise Platform for AI Data Verification Using Proof of SQL

Microsoft-backed Space and Time has launched Space and Time Enterprise, a data privacy platform that lets businesses prove calculations on private data are correct without exposing underlying records to AI agents. Launch partners include Maple Finance, Indomobil, Trenez and The Data Foundation, marking a significant step in enterprise AI adoption.

Technology2 sources

Space and Time Launches Enterprise Platform for AI Data Verification Using Proof of SQL

Technology2 sources

AI Rebounding: 20% of Workers Replaced by AI Are Being Asked Back With New Demands

Nearly one in five U.S. workers replaced by artificial intelligence are being asked to return to their jobs as companies discover AI limitations. These workers are now demanding substantial pay increases, written job security guarantees, and transparency about AI use—forcing organizations to reckon with the true cost of hasty automation decisions.

Business2 sources

AI Rebounding: 20% of Workers Replaced by AI Are Being Asked Back With New Demands

Business2 sources

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