Morning Daily - 2025-06-09

Morning Daily 2025-06-09

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ETCIO Newsletter | Monday, June 9, 2025

Daily Newsletter
Top Stories
No shortcuts in trust: Airtel Payments Bank CIO on responsible AI and banking at scale
From UIDAI collaborations to MLOps maturity, Pinak Chakraborty, CIO of Airtel Payments Bank reveals how long-term thinking beats short-term trends.  read more...
Meta in talks for scale AI investment that could top $10 billion
This would be Meta's biggest ever external AI investment, and a rare move for the company. The social media giant has before now mostly depended on its in-house research, plus a more open development strategy, to make improvements in its AI technology.  read more...
Samsung to adopt AI coding assistant to boost developer productivity
As part of its transition into an AI-driven company, Samsung has also established a dedicated AI productivity innovation group within its DX division.  read more...
India to be a global AI powerhouse: OpenAI executive after India academy launch
The IndiaAI Mission, which is also supporting the building of Indian foundational models, is receiving interest to do so from the likes of Essential AI cofounder Ashish Vaswani and Two AI founder Pranav Mistry, an official said on the sidelines of the event.  read more...
Beyond the fear: What global data says about AI supporting, not replacing jobs
There's no shortage of speculation around AI disrupting the workforce. But how much of it is rooted in evidence? In this article, we dive into the latest findings from PwC, McKinsey, Deloitte, and the ILO, revealing a more nuanced reality: one where AI-driven roles are on the rise, wage premiums fo...  read more...
Perplexity Labs can draft 98-99% of an IPO prospectus: CEO Aravind Srinivas
Speaking at a Cisco event, Solomon said drafting the pre-IPO papers for a company used to take a six-person team and two weeks to create, but AI can do this in mere minutes, he said, and with 95% accuracy. He said, as quoted by a report by Financial Times, the last 5% "now matters because the rest i...  read more...
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