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Ross Intelligence

Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.

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Last Updated: Just Now
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Global Markets & Equities Just now (05:39 PM IST)

Third Circuit Says AI Training on Copyrighted Works Is Not Fair Use in Landmark Reuters-Backed Ruling

A U.S. federal appeals court has dealt a significant setback to the use of copyrighted materials in artificial intelligence training, affirming a landmark win for Thomson Reuters in its case against legal research startup ROSS Intelligence. The Third Circuit’s ruling strengthens the legal position of rights holders as AI developers face mounting scrutiny over how they source training data.

By RDU Global Wire5 min read
Global Markets & EquitiesJust now (04:37 PM IST)

Third Circuit Says AI Training on Copyrighted Works Is Not Fair Use in Landmark Reuters-Backed Ruling

A federal appeals court has delivered a major setback to the legal theory underpinning much of the generative AI industry, ruling that training an artificial intelligence system on copyrighted material does not qualify as fair use in the case brought by Thomson Reuters against Ross Intelligence. The decision strengthens copyright holders’ leverage in a fast-moving wave of AI litigation and could reverberate across technology, media, and equity markets.

5 min readRead →
Global Markets & EquitiesJust now (10:02 AM IST)

Third Circuit Says AI Training on Copyrighted Works Is Not Fair Use in Landmark Thomson Reuters Win

A federal appeals court has handed Thomson Reuters a major victory in a closely watched copyright fight over artificial intelligence, ruling that training AI systems on copyrighted material is not protected by fair use in this case. The decision strengthens the legal position of publishers and rights holders as generative AI companies face mounting scrutiny over how they source training data.

5 min readRead →
Global Markets & EquitiesJust now (01:37 PM IST)

Chase Unveils Premium IHG Card With 200,000-Point Bonus as Hotel Credit-Card Race Intensifies

Chase has launched a new premium IHG One Rewards credit card featuring a 200,000-point welcome offer, a move that underscores how aggressively banks are competing for affluent travel spenders. The refresh also includes broader changes across the IHG card portfolio, with higher annual fees and revised benefits designed to sharpen the cards’ appeal in a crowded premium-rewards market.

5 min readRead →
Frontier AI & Machine LearningJust now (01:37 PM IST)

Photon Raises $4.5 Million to Push AI Agents Into Messaging Apps

Photon has secured $4.5 million in fresh funding to advance a bet that consumers will increasingly interact with software through AI agents rather than downloading standalone mobile apps. The startup is building tools that let developers deploy agents across iMessage, SMS/RCS, email and other messaging channels, positioning itself at the intersection of consumer AI and the future of app distribution.

5 min readRead →
Startups & Venture CapitalJust now (01:37 PM IST)

Fresh Data, Clear Access Rules Seen as Essential to Reliable AI at Scale

AI applications cannot be expected to perform reliably in production unless they are fed current information and governed by explicit access rules, according to the underlying premise of the latest industry discussion. The point is increasingly relevant for startups and venture-backed AI companies trying to move from impressive demos to dependable products that can operate across real-world workflows.

5 min readRead →
Banking, Fintech & InsuranceJust now (01:16 PM IST)

Delhi High Court Tells Police to Find New Protest Site for Bank Unions Before Nationwide Strike

The Delhi High Court has directed police to identify an alternative protest venue for bank unions after their application to demonstrate at Jantar Mantar was rejected, setting up a fresh procedural test ahead of a nationwide strike from September 28 to 30. The ruling comes as the United Forum of Bank Unions presses demands for a five-day work week and improved pension benefits, with the planned walkout expected to disrupt banking services across the country.

5 min readRead →
Banking, Fintech & InsuranceJust now (01:16 PM IST)

JPMorgan Plans to Double GIFT City Business as $1 Billion Book Expands

JPMorgan Chase & Co. is preparing to scale up its presence at Gujarat’s GIFT City over the next few years, aiming to double business in trade finance and payments as multinational interest in the financial hub deepens. The bank, which opened its branch in 2022, now serves a few hundred clients and has built a book of nearly $1 billion, underscoring the growing role of India’s international financial centre in cross-border banking.

5 min readRead →
Banking, Fintech & InsuranceJust now (12:55 PM IST)

NEDFI Posts Strong FY26 Growth as Income Rises 4.4% to Rs. 270.82 Crore

The North Eastern Development Finance Corporation Ltd. (NEDFI) reported a solid financial performance for FY 2025–26, led by higher interest income and steady profitability. Gross income rose 4.40% to Rs. 270.82 crore, while interest income climbed 9.73% to Rs. 214.94 crore, underscoring resilient lending and income generation.

4 min readRead →

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