JPMorgan raises ICICI Bank stock price target on strong earnings

Artificial intelligence is moving onto audit committee agendas faster than many committees are becoming comfortable overseeing it. Processing Content The fifth Audit Committee Practices Report from Deloitte’s Center for Board Effectiveness and the Center for Audit Quality draws on close to 250 audit committee chairs and members. It reports that 82% describe their AI governance…

OpenAI is changing its model launch strategy as its technology becomes more powerful and the potential for its misuse grows—especially following the July incident in which the AI models it was testing autonomously planned and executed a cyberattack against AI company Hugging Face. The company’s next model, Astra, comes out “soon,” OpenAI said. It said…

Mastercard’s new chief financial officer, Ling Hai, got his start at the card network as a general manager overseeing the Greater China division from Beijing in 2010. Now, after being appointed CFO in June, he’s pushing for the card network’s growth in that country and elsewhere.  In 2010, Mastercard only had a presence in China…

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In July, Fidji Simo announced she would step down from her role as OpenAI’s CEO of applications and transition to a part-time advisor role. Simo, who was diagnosed with postural tachycardia syndrome, or POTS, in 2019, initially took medical leave in April. “Over the last seven years, I’ve spent countless hours in doctors’ offices, dealing…

Kyiv under Russian missile attack, officials say