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AI BOOM
AI boom: 5 youngest billionaires who built their fortunes on Artificial IntelligenceSurya Midha is just 22 and already holds a USD 2.2 billion stake in Mercor, the startup he launched in 2023 with his partners. Four enginee...- UPI sees Diwali boom; AI cracks CaptchaDiwali spending fuelled a surge in UPI transactions, with both payment volumes and values rising. This and more in today’s ETtech Top 5.
- Bigger cheques, fewer winners in India’s AI boomIndian AI startups raised $1.6 billion in funding during the first nine months of 2026. While AI infrastructure attracted significant inves...
- Anthropic brings Claude to Google Meet to tackle tasks liveAnthropic said on Tuesday it was bringing its Claude assistant to video conference platform Google Meet, as the company pushes to integrate...
- AI stocks: Are the days of easy money over? Aswath Damodaran warns investors of a new market reality ahead of Anthropic IPONYU professor Aswath Damodaran warns that broad-based gains from AI stocks may be fading as investors become more selective. He highlights ...
- US stocks: Dow Jones falls 200 points as hot inflation revives rate-hike fears; Nvidia sinksOn Tuesday, Wall Street faced a downturn as inflation figures surpassed projections, raising worries about potential interest rate hikes. T...
- Nvidia CEO Jensen Huang's woes evoke sympathy, disbelief in his birthplace TaiwanAs questions loom over Nvidia CEO Jensen Huang following revelations about his affair with a suspected spy, his hometown admirers stand fir...
- Nasdaq futures slip with Nvidia woes, Anthropic IPO in focusNvidia's CEO Jensen Huang is facing scrutiny, impacting investor sentiment in the tech sector. Anthropic is preparing for a huge initial pu...
- Norway reins in data centre industry amid AI boomNorway produces more power than it consumes and is a net exporter, but recent projections show that demand from new data centres could lead...
- Wall Street grapples with $5.7 trillion rout as AI bets unwindWall Street is undergoing notable shifts as worries about the AI investment frenzy and political developments arise. This sharp sell-off br...
- AI boom turns chip packaging into the next battleground for semiconductorsBillions of dollars are being invested in advanced chip packaging due to the demand for AI chips. This growing need is pushing companies to...
- Bloodbath in Nasdaq, Kospi and Nikkei but why Nifty is an oasis of peace amid global routA global AI-led tech selloff has battered US and Asian markets, wiping out $3 trillion from S&P 500 companies. However, Indian equities are...
- SoftBank credit default swaps hit 4-year high as AI profitability concerns mountSoftBank Group’s five-year credit default swap spread climbed to a four-year high as investors grew increasingly concerned about the profit...
- Was Michael Burry right about the AI bubble? Wall Street loses $2 trillion as AI and chip stocks plunge: Why are Tesla, Palantir, AMD, Broadcom and SanDisk crashing?Michael Burry's warning about an AI bubble is back in focus as Wall Street loses more than $2 trillion in market value. On Thursday, Novemb...
- AI boom draws chip supply from other end-markets, Siltronic CEO saysSiltronic, which makes silicon wafers used in semiconductors, raised its annual sales forecast for the second time this year on Wednesday, ...
- AI bubble is coming, and there is no way out! Aswath Damodaran explains what investors should do before the crash beginsValuation expert Aswath Damodaran believes an AI bubble is inevitable and investors cannot avoid its impact entirely. In a recent podcast, ...
- Anthropic says revenue surged 1,100% ahead of IPOAnthropic, one of the world's leading artificial intelligence companies, on Monday reported a more than 1,100 percent surge in quarterly re...
- Marvell to buy Lumentum in $115 billion deal in AI data-center betMarvell Technology is poised to acquire Lumentum in a groundbreaking all-stock transaction worth $115 billion. This strategic acquisition i...
- Nvidia's web of AI bets: smart strategy or bubble risk?Nvidia's $3 billion investment in Meta's share sale, announced Tuesday, is the latest addition to a portfolio of stakes, loans and guarante...
- AI boomerang: What one should keep in mind if Microsoft, Barclays Bank, Kroger rehire sacked employees?Microsoft, Barclays Bank and supermarket chain Kroger are among the latest entries on a growing list of companies that have announced AI-re...
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