All posts tagged: AI adoption

Tech layoffs cross 1 lakh in first five months of 2026, nearly 29,000 jobs lost in May

Tech layoffs cross 1 lakh in first five months of 2026, nearly 29,000 jobs lost in May

Published by Webster

Over 1 lakh jobs have been cut in the technology sector in the first five months 2026, with May alone accounting for nearly 28,900 roles, a new report has said.  The report from Layoff.fyi said a total of 1,16,739 tech employees have been laid off year‑to‑date, adding that only 10,577 job cuts were announced in May 2025, less than half compared to 28,889 last month. Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Sarvam cuts Vision AI model API prices by 67% as document digitisation crosses 35 million pages | Technology News

Sarvam cuts Vision AI model API prices by 67% as document digitisation crosses 35 million pages | Technology News

Published by Parlour News

2 min readNew DelhiJun 1, 2026 11:32 AM IST Sarvam AI has reduced the pricing of its Sarvam Vision API by 67 per cent after the platform crossed 35 million pages in document digitisation, with the Bengaluru-based startup attributing the move to efficiency gains in its infrastructure. The revised pricing reduces the cost of Sarvam’s Vision API from Rs 1.5 per page to Rs 0.5 per page. Launched in February 2026, Sarvam Vision is a vision language model designed for document-related tasks such as converting physical documents into searchable digital records and automating document creation workflows. Increasing adoption among developers and enterprise partners has helped the platform digitise more than 35 million pages since launch, as per Sarvam. Sarvam, in a post on X on Friday, May 29, said more than 35 million pages have been digitised by developers and partners through the Sarvam Vision API. Earlier this February, we launched Sarvam Vision, a vision-language model for document intelligence. Today, more than 35 million pages are being digitised through the Sarvam Vision API by developers …

Australian banks warned frontier AI could create larger, faster cyber attacks | Technology News

Australian banks warned frontier AI could create larger, faster cyber attacks | Technology News

Published by Parlour News

3 min readApr 30, 2026 10:00 AM IST Australia’s financial system regulator said on Thursday the country’s banks were not keeping pace with AI industry developments, warning frontier AI systems such as Anthropic’s Mythos had the potential to lead to larger and faster cyber attacks. In a letter to banks, the Australian Prudential Regulation Authority (APRA) said most of the ⁠industry’s ​information security practices were struggling to match the rate of change in AI. The regulator said the speed of AI development could pose a growing threat to Australia’s financial services. “It also warns frontier AI models such as Anthropic’s Claude Mythos, which could enhance the discovery of vulnerabilities by bad ​actors, ​are expected to further increase the probability, speed and ⁠scale of cyber attacks,” APRA said in a statement referencing a review that it had conducted. Anthropic did not immediately respond to a ‌Reuters request for comment. Potential risks posed by Mythos, which has high-level coding capabilities, have given it a potentially unprecedented ability to identify cybersecurity vulnerabilities, experts have warned. Anthropic has launched …

Beyond chips, data centres lies India’s AI opportunity

Beyond chips, data centres lies India’s AI opportunity

Published by Parlour News

December 24, 2025 08:42 AM IST First published on: Dec 24, 2025 at 08:41 AM IST The world is competing over AI. But this will not remain merely a race towards a smaller chip, a larger data centre, or a faster model. The winner will be determined by those who turn innovation into impact and convert technological advances into product value, institutional capacity and community trust. Power in this era will flow not only to those who own algorithms or command fields of silicon, but also to those who find ways to weave AI into daily life at the national or continental scale. Three distinct processes and evolutions compose this AI age. The first is the Compute Era, in which chip supply chains and hyperscale data centres determine market share. It tilts towards those with capital, energy and traditional resources such as land and water. The second is the Diffusion Era, where nations with population-scale digital platforms and deep real-economy deployment shape how and where value is created, captured, and compounded. The third is the …

‘It’s Tearing Us Apart,’ Employees Say

‘It’s Tearing Us Apart,’ Employees Say

Published by Webster

Image: stockasso/Envato Elements A growing number of workers are pushing back against corporate AI strategies, with 31% of employees — and 41% of Gen Z — admitting to refusing to use AI tools or outputs, according to a new study. The desire to sabotage their company’s AI strategy stems from widespread fears of job displacement and dissatisfaction with their company-provided AI tools, according to a survey by Writer that polled 1,600 C-suite executives and employees. Frustrations are so high that 35% are footing the bill themselves for the generative AI tools they prefer to use at work. More must-read AI coverage Internal tensions undermine AI adoption The report also highlights power struggles, poor internal alignment, and friction between IT and business leaders over how GenAI should be deployed. About two out of three executives said GenAI adoption has created internal tension and divisiveness, with 42% warning that it is “tearing their company apart.” Despite optimism surrounding GenAI’s potential, 72% of C-suite respondents said their company has faced at least one major hurdle during adoption. Meanwhile, …

Will using AI at work get you fired? 2024 Work Trend Index Annual Report shows surprising shifts in jobs | Technology News

Published by Parlour News

It seems more and more professionals are using Artificial Intelligence (AI) to enhance productivity. The 2024 Work Trend Index Annual Report from Microsoft and LinkedIn has highlighted that employees today want AI at work and that this trend is visible across industries.  More employees are adopting Generative AI tools for work, often without the knowledge or official sanction of the employers. Based on the report, 75 per cent of ‘knowledge workers’ globally are using Generative AI. This pool of users includes 85 per cent Gen Z staff and 73 per cent boomers. The report also stated that as many as 53 per cent of AI users worry that if their employer finds out, it could signal they are replaceable.  Despite this widespread under-the-radar adoption, many companies are struggling to understand AI. 66 per cent of leaders say they wouldn’t hire someone without AI skills, yet only 39 per cent provide training for it, and 60 per cent of leaders worry their AI strategies are insufficient. As employees grapple with the volume of work and expected pace of execution, they are bringing their own AI to …