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Banking on generative code: How AI is supplanting spreadsheets in investment banks

In a recent keynote speech at the Cisco AI summit in California, Goldman Sachs CEO David Solomon pointed out that AI can draft an IPO prospectus. The Financial Times reported Solomon saying AI can accurately compile 95 per cent of such document. Comparing with the conventional method of preparing an initial registration prospectus or S-1, he noted that AI could do within minutes what a six-person team took two weeks to prepare.

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AI vs Cybercriminals – the next frontier in digital forensics

In February 2025, the Indian government indicated that it’s planning to use Artificial intelligence (AI) to identify mule accounts where cyber fraudsters park the swindled funds. It was also informed that 399 banks and financial intermediaries have come on board and shared over six lakh suspicious data points, more than 19 lakh mule accounts have been caught, and suspicious transactions worth Rs. 2,038 crore have been prevented.

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AI-Powered pi-scout is set to redefine modern investigations

In the age of digital crime and evolving security threats, intelligence agencies and law enforcement officials face an uphill battle. Criminals operate across multiple channels—phone networks, internet platforms, CCTV networks, and social media—leaving behind complex digital footprints. However, traditional investigative methods struggle to keep up with the overwhelming influx of data from diverse sources. This is where pi-scout emerges as a game-changer, providing AI-driven intelligence that unifies data, amplifies insights, and accelerates investigations.

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