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AI investments rise, but expected savings remain elusive, says Bain’s global survey

AI investments rise, but expected savings remain elusive, says Bain’s global survey

by AIP Online Bureau | Jun 2, 2026 | Eco/Invest/Demography, International News, Risk Management, Technology

“Despite a decade of investments in data modernization running well into hundreds of billions of dollars globally, the No. 1 reason AI programs underperform is that companies cannot reliably get access to their own data,” Bain said. Cost savings from automation are...
Geopolitical and AI-related risks among top concerns for directors and officers worldwide:Willis

Geopolitical and AI-related risks among top concerns for directors and officers worldwide:Willis

by AIP Online Bureau | Jun 1, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

Artificial intelligence has seen a significant increase in the proportion of respondents ranking it as a very or extremely important risk (up 5% to 56% of respondents globally). LONDON: 59% of directors and officers now consider geopolitical risks to be very important...
Govt launches AI-enabled Chatbot to help citizens lodging  grievances online

Govt launches AI-enabled Chatbot to help citizens lodging grievances online

by AIP Online Bureau | May 30, 2026 | Indian News, Policy, Technology

Citizens can now lodge grievances by simply speaking, in their own native language; the system automatically identifies the right Ministry and Department New Delhi:The Centre on Saturday unveiled an Artificial Intelligence (AI)-enabled chatbot to help citizens raise...
Cybersecurity & AI:Building a synchronous BFSI enterprise

Cybersecurity & AI:Building a synchronous BFSI enterprise

by AIP Online Bureau | May 28, 2026 | Articles, Risk Management, Technology

Mid-size organisations face the sharpest exposure: having digitized aggressively and built deep interconnections across the financial system, they carry the risk profile of large players with a fraction of the cyber investment to match it. Data Security Council of...
Bajaj Finserv to Invest in AI, Tech Startups

Bajaj Finserv to Invest in AI, Tech Startups

by AIP Online Bureau | May 28, 2026 | Indian News, Life, Non-Life, Technology

“Bajaj Finserv companies will invest Rs 1,500-2,000 crore over a five-year period in startups and early-stage companies with strong scalability potential across AI, cybersecurity, quantum technologies, fintech and consumer technology platforms,” the...
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