AI

Zhang Yiming, the co-founder of ByteDance, has emerged as Asia’s second-richest individual following a substantial increase in the valuation of the technology giant behind TikTok. The wealth surge reflects growing investor confidence in ByteDance’s expanding artificial intelligence ambitions, particularly the rapid adoption of its AI-powered products in China. The development marks a significant shift in Asia’s billionaire rankings, with Zhang moving ahead of Reliance Industries Chairman Mukesh Ambani.

Artificial intelligence firm Anthropic is significantly broadening international access to its highly advanced cybersecurity-focused AI system, marking an important development in the global fight against escalating cyber threats. The company will make its powerful Mythos AI model available to 150 organizations spanning more than 15 countries through an expanded industry initiative aimed at identifying and mitigating software vulnerabilities.

Infosys Chairman Nandan Nilekani has emphasized that the rapid adoption of Artificial Intelligence (AI) is likely to increase the demand for human skills rather than diminish it, even as businesses embrace AI-powered coding tools and autonomous AI agents.

In his message to shareholders in Infosys' FY26 annual report, Nilekani described AI as one of the most significant technological shifts in recent history. While acknowledging that automation will transform how work is performed, he argued that human expertise, creativity, and problem-solving abilities will remain indispensable.