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US AI BUILDOUT
US bans foreign-made humanoid robots, targeting China over national securityThe US FCC has banned imports of Chinese humanoid robots due to security concerns. This move targets China's dominant position in the globa...- 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...
- US President Trump's economy at 18 months is a tale of shocks, resilience, and signs of stalled progressPresident Trump's initial eighteen months saw economic shocks from immigration and tariffs. An Iran war also impacted oil prices and global...
- Sterlite Tech Q1 Results: Profit skyrockets 870% YoY to Rs 197 crore as AI data centre orders lift earningsSterlite Technologies reported record quarterly revenue and profit, driven by strong AI-led demand for optical connectivity and data centre...
- AI Powerplay! Proxy power stocks give up to 100% returns in India's hottest trade this yearIndia's power and electrical equipment stocks have emerged as key AI proxy plays, with names like Hitachi Energy, Kirloskar Oil Engines and...
- Intel forecast crushes estimates as AI boom boosts chip demand; shares jumpIntel expects third-quarter revenue between $15.8 billion and $16.8 billion, compared with analysts' average estimate of $15.1 billion, acc...
- D-St set for a negative opening as GIFT Nifty signals weak startDomestic equities extended losses for a fourth consecutive session, with the Nifty declining. Investor sentiment remained fragile amid a sh...
- Global Market Today: Asian stocks fall on tech selloff, oil trades above $100Asian stocks declined following a Wall Street tech selloff and investor doubts about artificial intelligence returns. Oil prices held their...
- Intel, AMD sign long-term server CPU deals with Chinese clients as prices surgeThe move highlights a broader consequence of the AI boom: demand has spread beyond AI accelerators to memory, networking gear and server pr...
- Global Market Today: Asian shares rise as chipmakers gain, oil climbsAsian shares advanced as regional chipmakers gained on artificial intelligence buildout expectations. Oil extended its rally after Houthi m...
- Analysis-AI investment boom puts Big Tech's free cash flow under pressureBig tech firms are investing heavily in artificial intelligence infrastructure. Their capital expenditures may soon exceed free cash flow g...
- Apple to launch 'Upgrade' device leasing program to spur salesApple is launching a new device leasing program called Apple Upgrade. This initiative aims to boost sales and offers lower monthly payments...
- Microsoft to fund Mistral's European AI expansion in multibillion-dollar dealAs part of the agreement, Microsoft Azure customers will be able to develop software using Mistral's data centers in France, giving Microso...
- US data center protests go national as backlash growsOpponents of AI data center expansion plan nationwide protests this Saturday. HumansFirst is coordinating demonstrations in at least 125 lo...
- US data centre protests go national as backlash growsProtesters are organising nationwide demonstrations against the rapid expansion of data centres. These demonstrations aim to voice concerns...
- AI's data centre boom is becoming a political problem across the globeAs governments race to attract AI investments, data centres are facing mounting opposition worldwide over their massive land, power and wat...
- Myntra scales AI integration; cuts seller onboarding time to under two daysMyntra has expanded its AI capabilities, using the technology to speed up seller onboarding, automate catalogue creation, improve personali...
- Among AI crowd, some investors position for slower hyperscaler spending growthFor most of the past two years, the opposite trade prevailed: investors piled into semiconductor and infrastructure companies on the assump...
- Chipmaker CXMT eyes $9.8 bn in blockbuster China IPOChina's leading memory chipmaker ChangXin Memory Technologies is seeking billions in an IPO. This move aims to bolster the nation's artific...
- Inflation concerns prevailed in Kevin Warsh's first FOMC meeting: Fed minutesDuring its June meeting, the Federal Reserve decided to keep interest rates unchanged. Committee members expressed concerns about rising in...
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