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Billionaire Jeff Bezos came calling. These researchers walked away to build physics AI, leaving a $2 mn salary behindTwo AI researchers declined a lucrative offer from Jeff Bezos' Project Prometheus. They instead chose to develop their own artificial intel...
SoftBank mulls up to $20 billion bond sale for OpenAI financingThe offering could be denominated in dollars and euros and could come as early as September, said the people, who asked not to be identifie...
AI data centre firm AMI orders 9,000 Nvidia Vera Rubin chipsAM Intelligence (AMI), promoted by Greenko founders, has ordered 9,000 Nvidia Vera Rubin chips as it builds a 5GW global data centre networ...
Axis Bank bets on data centres to gold loans to outpace industry credit growthAxis Bank expects credit growth to exceed industry averages this fiscal year. Strong demand stems from corporate sectors and retail borrowe...
US stocks today: S&P 500, Nasdaq decline as tech sector falls, US prepares to impose more Iran sanctionsWall Street’s S&P 500 and Nasdaq declined on Monday, dragged down by a sharp sell-off in technology and semiconductor stocks.Investors reac...
India’s AI data-centre push could drive 5% of global chip demand by 2030Global semiconductor revenue is projected to reach $1.6 trillion by 2026. AI data centres will drive significant growth in chip demand worl...
India could overtake China in affluent consumers by 2036: Report reveals how 8.2 crore more Indians could enter the high-spending consumer classIndia's affluent consumer population is set to exceed China's by 2036, a shift that could significantly reshape global spending patterns ov...
JGB yields edge higher amid fiscal, inflation worriesJapanese government bond yields climbed on Monday amid concerns stemming from the Middle East instability. Inflation anxieties and fiscal i...
India negotiating FTAs with 8-9 more blocs, aims to cover 75% of global trade: Piyush GoyalIndia is actively pursuing free trade agreements with various nations, aiming to cover about 75% percent of the global trade landscape, Tra...
Global Market: KOSPI drops over 1% as Samsung Electronics slumps on payout concernsSouth Korean shares fell over 1% on Monday, dragged by a sharp decline in Samsung Electronics after its latest shareholder return plans dis...
Explained: Why Samsung shares tanked 8% while rival SK Hynix traded higher on MondaySamsung Electronics shares fell 8% after its record $79 billion shareholder-return plan disappointed investors. The company plans to return...
China steps up fiscal support as growth weakens, domestic demand faltersChina is preparing new coordinated fiscal and financial measures for the second half of the year as economic growth weakens and domestic de...
Samsung Electronics expects shareholder returns up to $80 billion this yearSamsung Electronics anticipates shareholder returns reaching 110 trillion won this year. This includes substantial cash dividends and share...
US debt tops $40 trillion: Chris Wood flags the 5% trigger that could rattle stock marketUS public debt has crossed $40 trillion as its fiscal position worsens and Treasury yields move closer to levels that could threaten equiti...
India’s infrastructure output grows 5.4% in July, down from revised 6% in JuneIndia's infrastructure output grew 5.4% year-on-year in July 2026. This growth moderated from the revised 6% expansion recorded in June. Th...
India’s family office wealth to grow 1.5x in three years as ultra-rich shift strategies: ReportWealthy families in India are shifting their fortunes into advanced investment mechanisms, with family office assets expected to rise marke...
The 20 reforms that could take India to a $20 trillion economy by 2036: ReportIndia could reach a $20 trillion economy by 2036 with broad reforms. A 20-point agenda covers infrastructure, capital markets, and human ca...
Sebi to soon roll out AI rules with a ‘kill switch’ for stock marketSebi will soon issue guidelines for responsible AI and machine learning use in India’s securities market, with mandatory safeguards includi...
Nifty to hit 50,000 before 2035? Raamdeo Agrawal maps 3 valuation-based timelinesThe Nifty 50 index might soar to 50,000 in the next six to nine years. This forecast hinges on the fluctuations of price-to-earnings ratios...
Global AI investment $1 trillion in 2026, to reach 1.4% global GDP by 2028: Goldman SachsGlobal investment in artificial intelligence is projected to reach around $1 trillion in 2026, with AI-related capital expenditure expected...