India's next decade: AI is an enabler, not a threat; investor expectations the real risk: Kailash Kulkarni - The Economic Times

• 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.

• General Atlantic Co-President Martin Escobari discussed India's economic trajectory during a conversation with Zerodha co-founder Nikhil Kamath on June 11, 2026. • Escobari, representing a firm that has invested over $5 billion in India, urged the nation to be patient and avoid simply replicating China's development model.

• Prime Minister Narendra Modi asserted that India remains on a steady growth trajectory despite prevailing global economic uncertainty. • The PM highlighted youth empowerment and women-led development as the primary cornerstones for achieving the vision of "Viksit Bharat" (Developed India).

• Australian organisations are facing an urgent need to update their cybersecurity strategies as AI and quantum computing shrink the response time available to defend against cyberwarfare. • Experts argue that traditional methods of treating vulnerabilities as isolated technical problems are no longer sufficient for modern threats.

• 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.

• Siemens Energy AG reports that European buyers are now paying premiums to secure priority spots in production queues for gas turbines. • The surge in demand is driven by the rapid expansion of AI-powered data centers and broader electrification projects across Europe.

• European companies are increasing their security spending to protect autonomous AI agents, treating these tools as privileged users to mitigate access risks. • The surge in demand for identity security tools is being driven by upcoming regulatory deadlines and a broader corporate understanding of cybersecurity risks.

• The European Union is introducing a "Tech Sovereignty Package" consisting of four interconnected measures, including two new laws, to reshape its digital infrastructure. • The initiative focuses on enhancing how Europe invests in and governs critical technologies, specifically semiconductors, cloud infrastructure, and software.

• ASML CEO Christophe Fouquet has criticized the European Union's evolving Chips Act, arguing that the region's approach to industrial policy is insufficient for the global AI economy. • Fouquet suggests that European sovereignty must move "up the AI stack," shifting focus from basic manufacturing to higher-level integration and strategic capabilities.