The Latest Breaking News on AI

AI Could Uncover Hidden Medical Bill Discounts for Patients but Experts Warn It May Drive up Healthcare Costs

Patients are using AI to analyse hospital bills and dispute possible errors, but experts warn the technology may increase costs, misclassify charges and expose consumers to privacy and financial risks.

International Business Times UK · Oct 13

Rs 26,340 crore added in minutes! Why HCL Tech, TCS and other IT stocks rallied up to 7%

Indian IT stocks rallied up to 7%, with the Nifty IT index gaining 3.3%, as concerns over rising AI investment costs and uncertain returns rattled global technology stocks. Broadcom and Intel executives flagged capital constraints, prompting investors to reassess the AI boom. Separately, OpenAI told investors its September annualised revenue…

The Economic Times · Oct 13

IMF raises 2026 global growth forecast to 3.1%, warns of rising risks from war and debt

The IMF projects global growth of 3.1% in 2026, supported by AI infrastructure investment, but warns that prolonged Middle East conflict, elevated energy prices, rising debt and uneven growth pose mounting risks to the global economic outlook.

The Economic Times · Oct 13

'Not a single drop': AI data centre boom sparks water protests on Indonesian island

Around 300 residents of Batam island protested against water shortages that disrupted their daily lives. They accused data centres of depleting local freshwater resources amidst the ongoing water crisis. The local water utility has promised improvements, but concerns continue to grow regarding water access. Authorities have instructed data centre companies…

The Times of India · Oct 13

Nvidia's China AI-chip share falls as Huawei closes gap, report finds

Nvidia's share of China's market for data-centre AI chips fell to 34% in the first half of 2026, as US export controls restricted supplies of its products and domestic rivals led by Huawei gained ground, according to an IDC report seen by Reuters.

The Economic Times · Oct 13

HCL Tech shares rally over 4% after Q2 results. What are CLSA, JPMorgan, others saying?

HCL Technologies share price: HCL Tech shares rose after the IT services major reported a 21% YoY rise in Q2 FY27 net profit to Rs 5,132 crore. Revenue grew 12% to Rs 35,620 crore, while new deal wins stood at $3.26 billion. The company retained its FY27 EBIT margin guidance…

The Economic Times · Oct 13

IMF upgrades 2026 global growth forecast but war and debt threaten outlook

The IMF has raised its 2026 global growth forecast slightly to 3.1%, citing the resilience of advanced economies despite rising energy prices caused by the Iran war. But it warned that poorer countries that are not benefiting from the AI boom remain particularly vulnerable to energy shocks, economic uncertainty and…

France 24 · Oct 13

Prenatal screening company makes strong debut on ASX

Indentifai Genetics, an Israeli company seeking to commercialise an AI-powered prenatal test, has successfully listed on Australia's stock exchange.

AAP · Oct 13

IMF raises its forecast for world growth this year but says economies will slow in 2027

The International Monetary Fund has slightly upgraded its outlook for the world economy for this year, but it's forecasting growth at a still sluggish 3.1%

The Independent UK · Oct 13

Threat of AI share crash puts world financial stability at risk, says IMF

High valuations and debt put sector in danger, while fund also warns on government borrowing and cyber-attacks

The Guardian - UK · Oct 13