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AI DISRUPTION
India to buck APAC slowdown despite oil, trade and El Nino risks: Moody's AnalyticsIndia's economy is projected to grow strongly in the Asia-Pacific region. Higher oil prices and global slowdown pose significant risks to t...- If CrAIze slows, India can play catch-upWall Street banks are now creating AI bonds as a solution to manage credit risk, reflecting investor worries over extensive borrowing for A...
- Microsoft shares surge 16% as AI cloud bet starts showing up in numbersMicrosoft shares surged 16% after stronger-than-expected guidance, robust Azure cloud growth and rising Microsoft 365 Copilot adoption ease...
- Hated till June, hottest in July! What’s driving the Rs 3.8 lakh crore boom in IT stocks?Indian IT stocks saw a remarkable July rally, adding significant market value and reversing investor pessimism. This surge was largely driv...
- How AI is helping pharma prevent drug recalls, counter fakes and improve patient safetyArtificial intelligence is revolutionizing the pharmaceutical sector by significantly reducing the instances of drug recalls. By improving ...
- Robinhood CEO Vlad Tenev provides update on X account hackRobinhood CEO Vlad Tenev stated a hacker used social engineering to access his X account. The fraudster gained entry by bypassing standard ...
- Rupee firms, volatility expectations tick up heading into Fed decisionOn Wednesday, the Indian rupee hit a three-week peak as local stocks surged, with traders adjusting their positions ahead of the Federal Re...
- China is throwing a 1-2-3 punch at the global AI tradeIn quick succession, China has thrown a powerful 1-2-3 punch at the global AI trade. On July 16, Beijing-based startup Moonshot AI released...
- Global Market | AI boom, market correction risks emerge as major credit threats: FitchRatings agency Fitch highlights AI boom and market correction as major global credit risks. Unprecedented AI spending and soaring valuation...
- Trump administration bans new Chinese humanoid robots, to protect US AI buildoutThe United States has banned new Chinese robots and power inverters. These measures aim to protect national security and reshore key indust...
- Fitch warns AI market correction emerging as major global credit riskRatings agency Fitch warns of significant AI-related market correction risks. Unprecedented AI spending and soaring tech valuations raise c...
- US faces risk of 'massive capital destruction' as Chinese AI models challenge hyperscalers: JefferiesThe United States could face "massive capital destruction" from its artificial intelligence (AI) investment boom as Chinese open-source AI ...
- UAE sovereign funds, firms to boost investments in IndiaUAE investments in India are set to significantly increase in coming months. Key sectors like artificial intelligence and logistics will se...
- AI blows up IT playbook: Lines between AI labs and IT services firms start to blurThe enterprise services business they have dominated for decades is beginning to see a new breed of rival. OpenAI and Anthropic are no long...
- Is ChatGPT down today? OpenAI confirms AI image generation issue, says fix is on the wayChatGPT users across the world are reporting issues with AI image generation, with OpenAI acknowledging the disruption and confirming that ...
- New AI tools let readers talk to booksWith these tools, users get access to an e-book or audiobook alongside an AI chatbot. Readers can dig into a character's psychology, histor...
- Is ChatGPT down? Users report login issues as OpenAI confirms outageThousands of users worldwide report problems accessing OpenAI's popular AI chatbot. Many users cannot log in, send prompts, or view their c...
- Coforge secures over $230 million AI transformation contractCoforge announced a significant five-year contract valued over $230 million. This AI-led transformation engagement is with a major European...
- HCLTech to set up Rs 14,257 crore AI data centre in Odisha with SarvamHCLTech will establish its first AI Data Center in Odisha. This significant project involves a capital outlay of Rs 14,257 crores. The init...
- Kospi jumps 9% in 3 days after big crash. Is South Korea's stock market heading for another rally?South Korea's Kospi surged 4% on Thursday, extending gains for a third straight session, as stronger-than-expected economic growth and robu...
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