AI will create more jobs than it disrupts, says Microsoft India executive - The HinduBusinessLine

• The World Economic Forum announced its 2026 Technology Pioneers cohort on June 11, 2026, in Geneva, Switzerland. • The initiative recognizes 100 early-stage companies from 23 different countries that are developing critical infrastructure for the next era of artificial intelligence.

• A new survey reveals that 70% of small and medium-sized enterprises (SMEs) in the UK are now acting on financial advice provided by AI before consulting with professional accountants. • Business owners are increasingly relying on AI tools for financial decision-making, with many expecting software to soon automate complex compliance tasks.

• European businesses are shifting away from US-based hyperscalers toward sovereign, regional cloud infrastructure to support the rise of agentic AI. • This transition is driven by the need for cost-effective, localized environments that can handle the specific hardware demands of autonomous agents.

• UK businesses are facing a potential average revenue loss of £83,000 due to a shift in how users interact with AI-driven search engines. • Data reveals that over 80% of Google searches now result in "zero-click" outcomes, where users find answers directly on the search page without visiting external websites.

• The May 2026 Global Digital Policy Roundup highlights key regulatory updates across G20 countries, focusing on AI and data privacy. • The Securities and Investments Commission issued a letter evaluating the cybersecurity impacts of frontier AI models on regulated entities.

• The World Economic Forum announced its 2026 Technology Pioneers cohort on June 11, 2026, in Geneva, Switzerland. • The program recognizes 100 early-stage companies from 23 different countries that are developing critical infrastructure for the next era of artificial intelligence.

• Indian startups are increasing their focus on AI, deeptech, healthcare, and enterprise technology as funding momentum recovers across the ecosystem. • Bengaluru-based Exponent Energy secured ₹200 crore in fresh funding to boost India's electric mobility infrastructure, co-led by 360 ONE Asset and TDK Ventures.

• The World Economic Forum announced its 2026 Technology Pioneers cohort on June 11, 2026, in Geneva, Switzerland. • The initiative recognizes 100 early-stage companies from 23 different countries that are developing critical infrastructure for the next era of artificial intelligence.

• Industry experts warned at a regional forum in Tokyo on Thursday that the rapid adoption of artificial intelligence is escalating cybersecurity risks across Asia. • AI is being used to create more sophisticated and harder-to-detect threats, specifically ranging from advanced scams to high-quality deepfakes.

• Security firm CrowdStrike reports that Chinese hackers are intensifying cyberattacks to steal advanced artificial intelligence technology from the United States. • These efforts follow U.S. restrictions on China's access to high-end AI microchips, which have hindered Beijing's domestic development and forced a reliance on indigenous models.

• The Indian Cyber Crime Coordination Centre (I4C) has issued a cybersecurity advisory warning against AI-driven authentication bypass attacks. • These threats utilize deepfakes and synthetic identities to target banks, fintech firms, facial authentication systems, and Video-KYC processes.