← Back to Model Beat
Industry·6d ago·all news from September 9, 2026

Axis Bank CEO’s AI Push Signals Slower Hiring Ahead

Axis Bank CEO Amitabh Chaudhry stated that the firm intends to leverage artificial intelligence to drive expansion while slowing the rate of new hiring. This shift highlights a broader trend among major financial institutions seeking to decouple operational growth from traditional workforce increases through technological automation.

Covered by 1 source

Related stories

IndustryOpenAI researcher allegedly pressured mathematician to drop Anthropic co-author from math breakthrough paperSep 8 · 42 sourcesIndustryAlphaGenome Atlas: A predictive map of every possible DNA letter change in the human genomeSep 8 · 8 sourcesIndustryWhy Bridgewater's CIO Says AI's Human Extinction Risk Is RealSep 11 · 103 sourcesIndustryOpenAI’s Altman Says No IPO in 2026, Firm to Prioritize SafetySep 12 · 12 sources