The Indian IT services sector is expected to remain cautious on fresh hiring in fiscal 2026, with a focus on employee utilization at 85 per cent, according to Crisil Ratings. Despite this, the industry will continue to see healthy deal wins, particularly in areas related to artificial intelligence (AI) and generative AI (Gen AI). The sector's revenue growth is expected to be driven by these technologies, which are being bundled with traditional services to improve efficiency for end-users.
https://www.lokmattimes.com/technology/indian-it-services-to-log-6-8-pc-growth-once-again-in-fiscal-2026-crisil-1/Keppel CEO Loh Chin Hua discusses the impact of emerging trends such as Artificial Intelligence and Environmental, Social, and Governance (ESG) on businesses. Nio plans to raise HK$4 billion from an equity placement to fund its research and development. US stocks opened lower due to Trump's auto tariffs, which are set to be implemented next week. Meta's Asia-Pacific chief has quit after a decade-long growth spurt. The Singapore Post completed the sale of its Australian logistics business for A$1 billion. OpenAI is nearing a record-breaking $40 billion funding round led by SoftBank. China has paused new deals with the Li Ka-shing family due to concerns over their Panama ports plan.
https://www.businesstimes.com.sg/companies-markets/keppel-eyes-better-market-valuation-it-sheds-conglomerate-discountNorth Korean leader Kim Jong Un supervised the test of suicide drones with AI technology and emphasized the importance of unmanned control and AI capability in modern arms development. He inspected new reconnaissance drones capable of detecting various targets on land and sea, as well as an airborne early-warning aircraft for the first time. The aircraft, likely refurbished from a Russian-made Il-76 cargo plane, could improve North Korea's aging air defense systems by providing real-time surveillance capabilities. Analysts believe this upgrade is crucial to mitigate terrain limitations and track low-flying aircraft and cruise missiles.
https://www.brecorder.com/news/40354958/north-korea-leader-kim-jong-un-touts-ai-suicide-drones-early-warning-aircraftNorth Korean leader Kim Jong Un has agreed to expand production capacity for unmanned equipment and artificial intelligence, aiming to develop "intelligent drones" with a long-term plan. The country successfully tested attack drones that struck ground targets, including military vehicles, marking the first official unveiling of such aircraft. North Korea is believed to be reaping benefits from technology transfer from Russia, having sent 3,000 troops and missiles to Ukraine this year.
https://en.tempo.co/read/1991253/north-korea-leader-kim-jong-un-oversees-tests-of-ai-suicide-dronesNorth Korea has prioritized the development of unmanned equipment and artificial intelligence for its armed forces, with leader Kim stating this as a top priority. The country recently unveiled an airborne early-warning aircraft, which could improve its aging air defense systems by providing a capability to detect low-flying aircraft and cruise missiles. This move is seen as a response to Russia's provision of anti-air missiles and air defense equipment in exchange for North Korea's deployment of troops to support the Ukraine war. Kim inspected newly developed equipment for reconnaissance, intelligence gathering, electronic jamming, and attack systems, including drones that have been used in combat.
https://www.thestar.com.my/tech/tech-news/2025/03/27/north-korea-leader-kim-jong-un-supervises-test-of-ai-suicide-dronesNorth Korean leader Kim oversaw tests of advanced reconnaissance and suicide drones produced by North Korea's Unmanned Aerial Technology Complex, which have been equipped with new artificial intelligence. The drones demonstrated capabilities to track targets on land and sea, and for tactical attack missions. Kim prioritized the development of unmanned equipment and artificial intelligence in modernizing his armed forces, aiming to create a state-long-term plan for rapid drone development. This move comes as North Korean troops sent to fight for Russia gain experience with modern warfare tactics, including drone usage.
https://www.ndtv.com/world-news/north-koreas-kim-jong-un-oversees-test-of-new-suicide-drones-8021379Lloyds Bank is partnering with the University of Cambridge to train 300 senior bankers on artificial intelligence, as part of its technology overhaul. The training program aims to enhance the bank's AI capabilities and improve decision-making. Aisha S Gani, a key figure at Lloyds Banking Group Plc, is leading this initiative.
https://news.bloomberglaw.com/banking-law/hundreds-of-lloyds-bankers-head-back-to-school-to-learn-aiLloyds Bank is partnering with the University of Cambridge to train 300 senior bankers on artificial intelligence, as part of its technology overhaul. The training program aims to enhance the bank's AI capabilities and improve decision-making. Aisha S Gani, a key figure at Lloyds Banking Group Plc, is involved in this initiative.
https://news.bloomberglaw.com/artificial-intelligence/hundreds-of-lloyds-bankers-head-back-to-school-to-learn-aiLockheed Martin is partnering with Google Cloud to integrate AI capabilities into its operations, enhancing areas such as intelligence analysis and aerospace maintenance. The collaboration utilizes Google Cloud's Vertex AI platform to train and deploy large language models securely and at scale. This partnership reflects both companies' commitment to trustworthy and secure AI deployment, adhering to high security standards.
https://www.prnewswire.com/news-releases/lockheed-martin-and-google-cloud-announce-collaboration-to-advance-generative-ai-for-national-security-302413514.html