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Bloomberg

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Articles

AI's fast-growing, lucrative jobs leaving women behind across the globe

AI's fast-growing, lucrative jobs leaving women behind across the globe

Women with AI backgrounds accounted for just 13% of executive positions in the industry, compared with about 19% in non-AI sectors, according to a LinkedIn analysis

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Rupee, bond bets retreat after RBI's dollar swap window ends early

Rupee, bond bets retreat after RBI's dollar swap window ends early

The estimates are being reworked after the central bank Friday decided to end a program attracting dollars from overseas Indians a month earlier than planned, having garnered more than $50 billion

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India needs guardrails for shadow-bank flexi loans, not blanket bans

India needs guardrails for shadow-bank flexi loans, not blanket bans

The RBI's proposal to restrict flexible repayment loans by nonbanks could curb risks of bad-debt evergreening, but may also hurt self-employed workers and small businesses that rely on such credit

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China's Z.ai to rival Anthropic, OpenAI in coding with new AI model

China's Z.ai to rival Anthropic, OpenAI in coding with new AI model

The next iteration from the Beijing-based company, GLM-5.3, will bring improved coding capabilities that will help it close the gap on AI leaderboard toppers like Anthropic's Fable 5, the company said

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RBI turns upbeat as worst of West Asia war shock recedes, demand holds up

RBI turns upbeat as worst of West Asia war shock recedes, demand holds up

Five months after the Iran war stoked fears of an oil-driven inflation surge and economic slowdown, resilient demand and easing price pressures are giving RBI officials more confidence

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Google announces new undersea cables linking Panama, Chile, Florida

Google announces new undersea cables linking Panama, Chile, Florida

Google's new Alisios cable will connect Chile, Panama and the Dominican Republic, while Canoa and OlaLuz will extend links to Bermuda and Florida.

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Spotify to ask artists to disclose whether they're humans or AI from Aug 11

Spotify to ask artists to disclose whether they're humans or AI from Aug 11

Starting Aug. 11, Spotify will allow artists to identify themselves as AI-generated. The labels will begin appearing on artist profiles starting in mid-September.

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RBI Governor Sanjay Malhotra urges lenders to accelerate AI spend

RBI Governor Sanjay Malhotra urges lenders to accelerate AI spend

Malhotra, however, warned that wider AI use entails risks including biased or opaque decisions, along with data privacy and cybersecurity threats

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How digital lending apps are pushing Indian consumers deeper into debt

How digital lending apps are pushing Indian consumers deeper into debt

India's household debt has climbed to a record level, with app-based lenders driving much of the growth through high-cost, short-term loans

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New OpenAI device to be hockey puck sized with unique look, cost over $300

New OpenAI device to be hockey puck sized with unique look, cost over $300

The product, essentially a smart speaker without a display, will be shaped like a doughnut that's roughly the size of a hockey puck

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