Technology News: Stay up-to-date with the latest in technology. Find out about launch dates and prices in India for iPhones, Samsung phones, iPads, and MacBooks
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Designed in collaboration with Jony Ive's LoveFrom, the device is slated for release in 2027. Find more about its leaked specifications here.","ytMigrated":"","handpicked":false,"audienceTags":null,"autoBackLinked":false,"autoBackLinkCount":0,"totalLinkCount":3,"vdoAiUrl":"","aiContent":true,"aiContentType":"","removeAds":false,"contextualKeyword":null,"embedAmazonCount":0,"embedCromaCount":0,"embedFlipkartCount":0,"embedSnapdealCount":0,"embedFlipkart25Count":0,"embedD2CBrandsCount":0,"typeOfFormat":"","relatedStoryTitle":null,"relatedStoryUrl":null,"additionalFields":null,"tableOfContentsHeading":[],"authorsList":[{"id":11681987196457,"name":"Fareha Naaz","slugName":null,"userTypes":null,"twitter":"https://x.com/FarehaNaaz21019","image":"https://www.livemint.com/lm-img/img/2026/02/17/250x250/fareha-naaz.png","email":"fareha.naaz@htdigital.in","bio":"Fareha Naaz is a Delhi-based journalist and Content Producer at LiveMint, where she has built nearly three years of experience in digital journalism. She covers a diverse range of topics, including national news, education, entertainment, lifestyle trends science, global health and international news.ChatGPT maker OpenAI is all set to disrupt the smart speaker market with its new doughnut-shaped product, Bloomberg reported. Touted as an AI-first computer, it vies to enter the market dominated by Amazon.com Inc and Alphabet Inc's Google. Let's have a look at key specifications of the new gadget.
OpenAI joined hands with Jony Ive’s LoveFrom studio to design this device. Last year, OpenAI acquired a device startup ‘io Products’ co-founded by former Apple design chief Jony Ive alongside members of his LoveFrom creative collective. Amid Apple’s lawsuit accusing OpenAI of theft of intellectual property, people familiar with the matter said that the company believes that the first OpenAI device doesn’t use or violate any Apple trade secrets.
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OpenAI plans to unveil the device this year and then make it available next year but Apple’s request this week for an injunction against Sam Altman's company could complicate the new product’s release. It seeks to block OpenAI and specific former employees from accessing, using, or disclosing Apple's trade secrets and confidential hardware information.
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7 (Reuters) - ByteDance is training an AI model with as many as 10 trillion parameters that could be close to the size of Anthropic’s cutting-edge Mythos system, the Financial Times reported on Friday, citing people with knowledge of the matter.
With 10 trillion parameters, the model would be more than three times the size of Chinese startup Moonshot AI's Kimi K3, which has 2.8 trillion parameters.
An AI model's parameters refer to the numerical settings a model learns from data to recognize patterns, generate answers, and carry out tasks. They are often used as a rough measure of scale, though not necessarily capability.
Reuters could not immediately verify the report. ByteDance did not immediately respond to Reuters' request for comment.
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Kimi K3's release, Meituan's LongCat-2.0 and DeepSeek's V4-Pro led China's AI industry with 1.6 trillion total parameters, while several other domestic rivals have passed the trillion-parameter threshold.
But direct comparisons with leading U.S. AI models are difficult because companies such as Anthropic and OpenAI do not disclose the parameter counts for systems including Fable, Mythos or GPT-5.5.
According to FT, industry estimates say Anthropic's most advanced Mythos 5 has about 8 trillion parameters and Fable 5 about 5 trillion, making ByteDance's new AI model close to the size of Mythos.
The news comes as Chinese tech firms continue to accelerate their model release cycles to keep up with the intensifying global AI race, battling with U.S. rivals to build more powerful systems without making them prohibitively expensive to run.
The ByteDance model is currently undergoing pre-training, a process that typically lasts three to six months, before it can be fine-tuned and released, the FT report said.
(Reporting by Ananya Palyekar in Bengaluru; Editing by Mrigank Dhaniwala and Sonia Cheema)
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Stephen Nellis and Eduardo Baptista
Aug 7 (Reuters) - Chinese technology giant Alibaba plans to ask major users of the next version of its Qwen open-source AI model for a share of revenue they make from the hotly anticipated offering, according to two people familiar with the company's plans.
Like last month's blockbuster model release from Chinese AI startup Moonshot, Alibaba's Qwen3.8-Max model is an open-source, open-weight model, meaning that the underlying learned settings that allow developers to run or adapt the system are available for download. By contrast, U.S. developers OpenAI, Anthropic and Alphabet's Google have closed-source models.
Open source is often thought of as free, but tucked into the licensing terms of Moonshot's Kimi K3 was a provision that requires anyone offering the model for sale as a service and generating more than $20 million in annual sales to work out a commercial agreement with Moonshot.
Alibaba plans to implement a similar measure for its open-source model next week, said the two people familiar with its strategy, which has not been reported previously. The sources requested anonymity because the plans are not public.
To date, Alibaba has charged developers for use of its models when hosted on its own cloud computing platform but allowed most of its open-source offerings to be used in customers' own data centers without payment.
The plans show Chinese AI firms, which have shocked markets by releasing open-source models nearly as capable as those from OpenAI and Anthropic, are converging on a business model as they push to take market share from their U.S. rivals.
REVENUE-SHARING DEALS
Deals under which U.S. firms share revenue generated by Chinese models with the Chinese AI labs that created them are taking shape, even as the White House has accused Moonshot of stealing technology from Anthropic. Chinese officials have rejected that claim as unfounded.
The Kimi K3 license requires Moonshot's partners to share revenue, according to the two people, with Moonshot requiring up to a 30% revenue share, one of them said. Alibaba also plans to ask for a revenue share, both people said, but the rate remains unclear as the discussions are ongoing.
Moonshot did not respond to a request for comment.
Chinasoft International, a Chinese IT services provider, last month disclosed a revenue-sharing agreement with Moonshot in a regulatory filing, without disclosing the percentage.
The Chinese AI firms are following a common playbook from Silicon Valley: Offer software at low or zero cost to start, charging for heavy commercial use and additional services.
\"You pay for collaboration with these open-weight model labs to make sure that you're optimizing your deployment. You pay for getting early access for the next revision of the model,\" said Paddy Srinivasan, CEO of cloud computing firm DigitalOcean Holdings, one of several U.S. firms offering Kimi K3 and other Chinese models.
He confirmed his company has a commercial agreement with Moonshot, but declined to discuss specifics.
\"This is a tried and tested open-source 'freemium' model,\" Srinivasan said.
Kimi K3 costs about a third of Anthropic's Fable model, according to listed prices of input and output tokens for both models.
Dan Fu, vice president of kernels at Together AI, said companies like his that offer AI software make their money by optimizing the service, such as better use of tokens, the building blocks of AI queries.
\"At the application layer, there's value out there for how you use it, how you actually get the models and the tokens to do something useful,\" Fu said.
Open-source AI, meanwhile, is expanding, with U.S. firms joining the fray.
Thinking Machines Lab, a San Francisco-based AI startup founded last year by OpenAI’s former Chief Technology Officer Mira Murati, last month released its first open-source model, and is widely expected to follow with more powerful ones.
\"I don't see a fundamental barrier\" to powerful open-source U.S. models, said Lin Qiao, CEO and co-founder of Silicon Valley-based Fireworks AI, who declined to discuss the company's commercial arrangements with Moonshot. \"We are really waiting for that to happen.\"
(Reporting by Stephen Nellis in San Francisco and Eduardo Baptista in Beijing; Editing by Peter Henderson and Jamie Freed)
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Biedscheid noted that the social media giant is a \"public nuisance\" similar to air pollution, later comparing it to a factory with advertising and content as its product and \"the psychological harm and sexual exploitation of children to be the pollution that must be abated,\" BBC reported.
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court ruled that federal child privacy laws bar the tech giant from using age-verification tools for children under 13 and noted that the Children's Online Privacy Protection Act (COPPA) prevents Meta from requiring children to share personal information or allowing them to be passively tracked online, even for the purpose of verifying their age.
The court also said requiring only Meta, and not other social media companies, to verify children's ages would be \"inequitable and unduly injurious\" to the company.
He also said that most of the money, $420 million, will be used for treatment services for young people, while the remaining amount will go toward awareness and prevention, screening services, and other costs over the next five years, AP reported.
The case against Meta originated from a lawsuit filed by New Mexico in 2023, alleging that the company should be held accountable for exposing children to sexually explicit content and online predators through its platforms.
The ruling came in the second phase of New Mexico's lawsuit. Earlier, during the first phase of the trial, jurors imposed $375 million in civil penalties on the tech giant after concluding that it had knowingly harmed children's mental health and withheld information about child sexual exploitation on its platforms. Combined with the latest ruling, Meta's total liability in the case now stands at $942 million.
In the second phase, prosecutors urged the judge to require Meta to make significant changes to its platforms, including limiting addictive features, improving age verification, and enhancing protections against child sexual exploitation through stricter default privacy settings and increased oversight.
The company said it will appeal the ruling and has been working to identify and remove harmful content from its platforms. In a statement, it said, \"We work hard to keep people safe on our platforms and have been transparent about the challenges of identifying and removing bad actors and harmful content. We remain confident in our record of protecting teens online and will continue to defend ourselves against claims that misrepresent the facts.\"
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social media giant is facing thousands of lawsuits in the US over similar issues. In addition to the New Mexico ruling, the company earlier this year lost a case in Los Angeles involving similar claims.
Next week, another trial against the company will begin in California after roughly three dozen US states' attorneys general sued the company for violating child privacy laws.
(with agency inputs)
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In recent weeks OpenAI and Anthropic also have described instances of AI models going beyond humans' instructions to access the web and find ways around other companies' digital security.
Meta said in a statement that a “misconfiguration\" during cybersecurity testing by Irregular, an independent company hired by Meta, inadvertently allowed one of its models to access the internet.
“The model subsequently exploited a security vulnerability in a third-party service, in a manner similar to previously-reported instances with other companies,” the company said. Meta said it is investigating the incident and will issue a report when that's complete.
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disclosure has added to worries about AI models acting autonomously.
Separately this week, the United Kingdom's AI Security Institute announced it had found “unsanctioned agent behavior” during cyber testing. In one case, an agent created fake online identities to pressure a person to approve use of malicious code.
“On investigation, we found that some of the agents being tested had engaged in sustained, potentially harmful activity directed at real people and organizations,” AISI said Tuesday. “We declared a security incident and, within roughly one hour of discovery, had contained it and begun a full investigation.”
During the agency's testing, Anthropic and OpenAI models took “autonomous, unsanctioned action” on the internet. Some guardrails to prevent misuse had been disabled, the agency said.
“As was standard in our cyber testing, we had intentionally permitted internet access, and model-provider cyber classifiers were deliberately disabled — conditions that do not reflect how frontier models are made available to the public,” AISI said. “We do this to best assess the maximum capability of models.”
Anthropic said it is “grateful” for AISI's work and added that it underscores the need for a broader conversation about how to safely evaluate AI agents as their capabilities grow.
OpenAI said the AISI incidents took place “in testing environments with reduced safeguards, under conditions that do not reflect ordinary use.\" It added it will continue working with others across the industry to \"strengthen shared practices for conducting evaluations safely as models become more capable.”
The first company to disclose a hack late last month, OpenAI said it had tasked the AI models involved with pursuing “advanced exploitation using complex attack paths” to test cyber capabilities, but the technology went to unexpected lengths. It apparently decided on its own to target Hugging Face, a well-known AI development hub and marketplace, to obtain information it needed to carry out a task.
A spokesperson for Irregular, the San Francisco-based AI security company, said the Meta episode involves a test-environment issue that was disclosed last week by Anthropic.
Irregular said it's writing a paper to share “best practices for containment” to prevent such incidents in the future and securely run cyber tests.
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a two-year-old startup building optical-interconnection technology for data centers, has raised more than $700 million at a $5.5 billion valuation, as firms search for better ways to connect growing numbers of artificial-intelligence chips.
The financing was co-led by Atreides Management, Bain Capital Ventures, Meritech, Seligman Ventures and Spark Capital, the company said. The San Jose, Calif.-based company has raised more than $900 million since its founding and recently began shipping equipment into the data centers of a large hyperscale cloud provider it declined to name. The agreement is worth billions of dollars over the next several years, the company said.
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S2 launched in India with Dimensity 7360 Turbo SoC, 7,050mAh battery: Price, specs and launch offers","articleType":"story","createdBy":"Aman Gupta","createdDate":"2026-08-06T09:07:45+0000","lastModifiedBy":"D111819","lastModifiedDate":"2026-08-07T06:37:49+0000","lastPublishedBy":"D111819","lastPublishedDate":"2026-08-07T06:37:49+0000","firstPublishedDate":"2026-08-06T09:12:21+0000","metadata":{"url":"/technology/gadgets/vivo-s2-launched-in-india-with-dimensity-7360-turbo-soc-7-050mah-battery-price-specs-and-launch-offers-11786007265535.html","authors":["Aman Gupta"],"charCount":2749,"wordCount":473,"agency":"","status":"PUBLISHED","tags":[],"keywords":["s2 vivo price","vivo s2 price","vivo s2 5g","vivo india","vivo s2 price in india","vivo s2 pro","vivo s2 launch","vivo s2 phone","vivo phone","vivo s2 5g 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S2 launched in India with Dimensity 7360 Turbo SoC, 7,050mAh battery: Price, specs and launch offers","metaDescription":"Vivo has launched the S2 in India, featuring a 120Hz AMOLED display and MediaTek Dimensity 7360 Turbo processor. ","ytMigrated":"","handpicked":false,"audienceTags":null,"autoBackLinked":false,"autoBackLinkCount":0,"totalLinkCount":2,"vdoAiUrl":"","aiContent":false,"aiContentType":"","removeAds":false,"contextualKeyword":null,"embedAmazonCount":0,"embedCromaCount":0,"embedFlipkartCount":0,"embedSnapdealCount":0,"embedFlipkart25Count":0,"embedD2CBrandsCount":0,"typeOfFormat":"","relatedStoryTitle":null,"relatedStoryUrl":null,"additionalFields":null,"tableOfContentsHeading":[],"authorsList":[{"id":11658404909418,"name":"Aman Gupta","slugName":null,"userTypes":null,"twitter":"https://twitter.com/aman_mint","image":"https://www.livemint.com/lm-img/img/2026/02/17/250x250/aman-gupta.png","email":"aman.gupta@htdigital.in","bio":"Aman Gupta is a Digital Content Producer at LiveMint with over 3.5 years of experience covering the technology landscape. He specializes in artificial intelligence and consumer technology, reporting on everything from the ethical debates around AI models to shifts in the smartphone market.Vivo has brought back its S series in India with the Vivo S2. The new mid-range devices comes with a 120Hz AMOLED display, MediaTek's Dimensity 7360 Turbo processor, a 7,050mAh battery with 44W fast charging and an IP68 + IP69 rating.
Here's everything you need to know about the Vivo S2.
The Vivo S2 is priced at Rs. 39,999 for the 8GB + 128GB variant and Rs. 44,999 for the 8GB + 256GB model.
As part of the launch offers, Vivo is offering up to 10% instant bank discount with select bank cards, along with up to 10% exchange bonus, bringing down the effective price for eligible buyers. Customers can also avail up to 15 months no-cost EMI and a one-year free extended warranty.
Additionally, buyers will get 5,000GB of Jio Cloud storage for 18 months along with complimentary access to Google Gemini Pro.
The Vivo S2 will go on sale starting 11 August via the Vivo India e-store, Flipkart, Amazon and retail stores across the country.
The Vivo S2 sports a 6.83-inch 1.5K AMOLED display with a 120Hz refresh rate, HDR10+ support and 4,320Hz PWM dimming. The phone also comes with IP68 and IP69 ratings for dust and water resistance.
Under the hood, the Vivo S2 is powered by MediaTek's Dimensity 7360 Turbo processor. It comes with 8GB or 12GB of LPDDR4X RAM and up to 512GB of UFS 3.1 storage.
The Vivo S2 runs on OriginOS 6 based on Android 16 with a promise of 3 years of OS updates and 5 years of security patches. The Vivo S2 packs a 7,050mAh battery with support for 44W fast charging.
For optics, the smartphone features a 50-megapixel primary camera paired with a 2-megapixel depth sensor. On the front, it houses a 32-megapixel selfie camera. Both the front and rear cameras support 4K video recording.
In terms of connectivity, the smartphone comes with support for 5G, dual 4G VoLTE, Wi-Fi 6, Bluetooth 5.4, GPS, BeiDou, GLONASS, Galileo, QZSS and a USB Type-C port. The Vivo S2 also features an in-display optical fingerprint scanner, infrared sensor and stereo speakers.
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| Feature | Specification |
|---|---|
| Display | 6.83-inch 1.5K AMOLED (1260 × 2800 pixels), 120Hz refresh rate, HDR10+, 4,320Hz PWM dimming |
| Processor | MediaTek Dimensity 7360 Turbo (4nm) |
| RAM | 8GB / 12GB LPDDR4X |
| Storage | 256GB / 512GB UFS 3.1 |
| Software | Android 16 with OriginOS 6 |
| Rear camera | 50MP primary + 2MP depth |
| Front camera | 32MP |
| Battery | 7,050mAh |
| Charging | 44W fast charging |
| Security | In-display optical fingerprint sensor |
| Durability | IP68 + IP69 dust and water resistance |
| Audio | Stereo speakers, USB Type-C audio |
| Connectivity | 5G, Dual 4G VoLTE, Wi-Fi 6, Bluetooth 5.4, GPS, BeiDou, GLONASS, Galileo, QZSS, USB Type-C |
| SIM | Dual nano SIM |
| Dimensions | 164.42 × 75.25 × 7.99mm (Sapphire Blue, Regal Bronze), 8.1mm (Silk White) |
| Weight | 197g (Sapphire Blue, Regal Bronze), 199g (Silk White) |
Xiaomi has expanded the Redmi Note lineup in India with the launch of Redmi Note 17. The new Xiaomi device comes with an OLED display, Snapdragon processor, 8,000mAh battery and 45W fast charging.
Here's everything you need to know about the Redmi Note 17.
The Redmi Note 17 is priced at Rs. 27,999 for the 6GB + 128GB variant and Rs. 30,999 for the 8GB + 128GB model.
As part of the launch offer, Xiaomi is offering an instant bank discount of Rs. 2,000 using Axis Bank, SBI or Kotak Bank cards, bringing the effective starting price down to Rs. 24,999.
The Redmi Note 17 will go on sale via Amazon India starting 12 August.
The Redmi Note 17 sports a 6.99-inch Full HD+ OLED display with a 120Hz refresh rate, 240Hz touch sampling rate and up to 1,800 nits peak brightness. The display is protected by Corning Gorilla Glass 7i and the Note 17 also comes with IP65 rating for dust and splash resistance.
Under the hood, the Redmi Note 17 is powered by the Qualcomm's Snapdragon 4 Gen 4 processor paired with the Adreno 613 GPU. It comes with support for 6GB or 8GB of LPDDR4X RAM and 128GB of UFS 2.2 storage. There is also an option to expand the storage via the microSD card slot.
The Redmi Note 17 runs on Xiaomi's HyperOS 3 based on Android 16 with a promise of 4 years of OS updates and 6 years of security patches.
For optics, the Redmi Note 17 features a 50-megapixel primary camera with an f/1.8 aperture and LED flash. On the front, it houses an 8-megapixel selfie camera that can shoot videos at up to 1080p.
The new Xiaomi device packs a massive 8,000mAh battery with support for 45W wired fast charging. It also supports 22.5W reverse wired charging.
In terms of connectivity, the phone comes with support for 5G, dual 4G VoLTE, Wi-Fi 6, Bluetooth 5.1, GPS, GLONASS and a USB Type-C port. The Redmi Note 17 features an in-display fingerprint scanner, an infrared sensor and a bottom-firing speaker.
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| Feature | Specification |
|---|---|
| Display | 6.99-inch FHD+ OLED, 2396 × 1080 pixels, 120Hz refresh rate, 240Hz touch sampling rate, up to 1,800 nits peak brightness, Corning Gorilla Glass 7i |
| Processor | Qualcomm Snapdragon 4 Gen 4 (4nm) |
| GPU | Adreno 613 |
| RAM | 6GB / 8GB LPDDR4X |
| Storage | 128GB UFS 2.2, expandable via microSD |
| Software | Android 16 with Xiaomi HyperOS 3 |
| Rear camera | 50MP (f/1.8) with LED flash |
| Front camera | 8MP (f/2.0) |
| Battery | 8,000mAh |
| Charging | 45W wired fast charging, 22.5W reverse wired charging |
| Security | In-display fingerprint sensor |
| Durability | IP65 dust and splash resistance |
| Audio | Bottom-firing speaker |
| Connectivity | 5G, Dual 4G VoLTE, Wi-Fi 6, Bluetooth 5.1, GPS, GLONASS, USB Type-C |
| Dimensions | 169.7 × 79.14 × 8.45mm |
| Weight | 225g |
Meta announced on Wednesday that its AI models had hacked into another company during cybersecurity testing. The information from Meta comes shortly after Anthropic and OpenAI revealed that their AI models had gone off track and gained access to third-party websites.
Meta said that the hack occurred after its AI model gained access to the internet due to a ‘misconfiguration’ error by security company Irregular.
In a statement quoted by Reuters, Meta said that its Muse Spark 1.1 model \"exploited a security vulnerability in a third-party service, in a manner similar to previously reported instances with other companies.\"
The model reportedly breached an unidentified third-party company's system and altered its internal environment.
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Irregular spokesperson told Reuters that the incident was the \"exact same evaluation-environment issue that was already disclosed by Anthropic last week\" and did not include a \"sandbox escape or a sophisticated cyber action.\"
“There are no current open issues. Irregular is developing a white paper to share best practices for containment and securely running cyber evaluations,” the company said.
On Tuesday, OpenAI announced two other incidents involving its AI agents gaining access to the internet and going rogue. In one of the incidents, which also occurred during an evaluation by Irregular, OpenAI said that a ‘misconfiguration’ in the testing environment allowed the models to access the internet.
The models were told to find hidden information and exploit weaknesses within a simulated environment and were told they did not have access to the internet.
Subsequently, OpenAI revealed that GPT-5.6 Sol exploited a real website by taking advantage of a ‘basic security vulnerability’. However, OpenAI says that its model believed the website was part of the simulated environment.
Meanwhile, Britain's AI Security Institute has said that it found AI agents from Anthropic and OpenAI engaging in \"unsanctioned\" actions against real people and organisations during security evaluations conducted to assess the AI models' abilities.
AISI says that the incident occurred when the AI agents were given a cybersecurity challenge. The agency says that it ran the challenge 122 times across seven frontier AI models. It says that AI agents took ‘autonomous unsanctioned action’ on the internet in 10 of those scenarios, targeting real people and organisations.
However, AISI found around 19 scenarios where the AI agents took unauthorized actions. It says almost all of the actions came from Anthropic's Mythos 5 model, while two actions were attributed to OpenAI's GPT-5.6 Sol with safety classifiers disabled.
Prior to this, Hugging Face revealed last month that an AI agent from OpenAI had conducted a cyberattack on its website in order to obtain answers to the ExploitGym benchmark and termed it the first \"end-to-end autonomous AI agent intrusion\". OpenAI revealed that the agent was running on GPT-5.6 Sol and an unreleased AI model, and used a zero-day vulnerability within OpenAI's internal systems to gain access to the internet.
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Delhi [India], August 5 (ANI): Artificial intelligence is increasingly emerging as a decision-making engine rather than merely a tool for cutting costs, with organisations reporting the strongest gains in areas such as forecasting, decision-making and responsiveness, according to a KPMG report.
The report, based on a survey of 1,013 senior finance leaders across 20 countries and 13 sectors, said active AI use across finance has more than doubled in two years, rising from 30 per cent in 2024 to 75 per cent in 2026. More than three-fourths of organisations are leveraging AI in financial planning, reporting and commercial analysis, while 71 per cent said AI is meeting or exceeding return-on-investment expectations.
The report found that AI's biggest impact is concentrated in judgment-heavy activities. About 70 per cent of organisations reported improvements in decision-making quality, while 71 per cent saw faster decision-making and 64 per cent reported better forecasting accuracy. Agentic AI deployments showed an even stronger performance advantage, with organisations at the orchestrating and multi-agent stages outperforming those still in early planning by 32 percentage points on average, and by nearly 40 points on forecast accuracy and ROI.
However, KPMG said adoption alone does not guarantee value. Governance, controls and assurance readiness are emerging as key differentiators. Organisations capable of producing AI-related audit evidence efficiently reported three to six times the rate of significant improvement compared with those that were not assurance-ready. Yet only 42 per cent of organisations were found to be strongly assurance-ready for AI-enabled finance processes.
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Thirty-six per cent of organisations identified improving data quality, integration and system interoperability as their greatest opportunity to extract more value from AI. On the workforce front, 38 per cent are upskilling existing finance teams, while only 28 per cent are hiring for different skill sets.
KPMG concluded that finance leaders need to direct AI investment towards planning, forecasting, risk assessment and commercial analysis, while embedding governance, measurement and human oversight into deployment. The report said the competitive advantage will increasingly lie not in whether organisations use AI, but in how effectively they operationalise it to improve decision-making and performance. (ANI)
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