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GLOBAL AI COMPETITION
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 ...- Global Market: Samsung, SK Hynix plunge up to 11% as investors reassess AI chip boomSouth Korean chip stocks experienced sharp declines on Tuesday. Major companies like Samsung Electronics and SK Hynix saw significant drops...
- 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...
- Chipmaker CXMT vaults to top of China's valuation with 466% surge in Shanghai debutChina's leading memory chipmaker CXMT became the most valuable company in the mainland after soaring 500 percent on its market debut Monday...
- Explainer: Why investors are betting big on China’s chipmaker CXMTChina's ChangXin Memory Technologies (CXMT) became the country's most valuable listed company after its shares surged 470% on their Shangha...
- Private equity investors shift tech bets from IT services to AI startupsBankers and investors told ET that interest is expanding beyond capital-intensive AI infrastructure to applications that automate business ...
- Applying Chinese ecosystem learning to build Indian smartphone; eyes Rs 7,500 crore sales: NxtQuantum founderNxtQuantum Shift Technology is a 100% Indian company. With more than two decades of experience in this industry, building brands into the C...
- AI+ wants to be India's answer to global smartphone brandsMadhav Sheth aims to build India's first globally competitive smartphone brand, AI+.He is leveraging two decades of experience from China's...
- Elon Musk says AI, robotics will drive ‘incredible abundance’Elon Musk sees AI and robotics potentially creating widespread economic abundance for everyone. He acknowledges the rapid, unstoppable pace...
- Cheaper, open and intelligent: Chinese AI models gain ground, as they make inroads in the USChinese artificial intelligence models are increasingly adopted by American users and businesses. These advanced systems offer competitive ...
- Execution is bigger challenge than profitability: Fractal CEOFractal reported a sharp 38% sequential decline in net profit to Rs 72.3 crore in April-June quarter. However, on a yearly basis, net profi...
- Karnataka eyes Rs 5.5 lakh crore in software exports, pitches long-term tech partnershipsShivakumar said Bengaluru's biggest strength lies in its talent pool and innovation ecosystem, while Karnataka's Global Capability Centres ...
- The second Chinese AI shock rattles US as China narrows the raceChina's Kimi K3 AI model has emerged, significantly narrowing the technological gap with American frontier systems. This development has pr...
- Alphabet's cash burn raises alarm for Big Tech as AI spending climbsAlphabet's significant cash burn highlights increasing artificial intelligence spending pressures. Big Tech firms now face higher outlays, ...
- Google Gemini app now has 950 million monthly active users: Sundar PichaiIn a blog post, Pichai said new features such as Daily Brief and the personalised Gemini Spark assistant have fuelled the company's rapid g...
- Making strategy work: Why execution is the real differentiatorIndia faces a consequential economic period driven by AI and digital platforms. Traditional competitive advantages are becoming temporary, ...
- The geopolitics of AI: Why WAICO mattersChina's formation of the World Artificial Intelligence Cooperation Organization marks a pivotal moment in the global AI landscape, marking ...
- Xi pitches China as leader of new global AI order, challenging US dominanceChinese President Xi Jinping promoted open-source artificial intelligence at a major tech conference. He urged nations to embrace this tech...
- China's Xi to outline AI diplomacy vision at key Shanghai forumPresident Xi Jinping will present China's ambitious AI governance vision at a Shanghai forum. Huawei will debut its advanced AI computing s...
- China's Xi Jinping to outline AI diplomacy vision at key Shanghai forumPresident Xi Jinping will present China's ambitious AI governance vision at a Shanghai forum. Huawei will debut its advanced AI computing c...
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