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Why is Nvidia so powerful in the AI world, and what could Jensen Huang's scandal really cost?Nvidia's CEO Jensen Huang has recently admitted to an extramarital affair, and the woman involved, Alice Huang, has been accused of being a...
Nvidia board meets to decide CEO Jensen Huang's future, source saysNvidia's board is meeting to discuss whether to remove CEO Jensen Huang amid reports of two alleged extramarital affairs involving the long...
Anthropic's IPO: A close look at AI frontrunner's rapid growth, spiraling costsAnthropic aims to raise up to $64.4 billion in an upcoming IPO, representing a significant market debut. The company plans a valuation of u...
Sebi sets up working group to review Innovators Growth Platform frameworkSEBI has formed a working group to review Innovators Growth Platform regulations and improve capital access for startups. The panel will ex...
AMD's OpenAI, Meta chip deals trigger $1 billion quarterly chargeAMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could l...
AMD's OpenAI, Meta chip deals trigger $1 billion quarterly chargeAMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could l...
Besides the bubble, a big AI risk could be growing in the shadowsInvestors are worried about potential financial risks linked to Big Tech's investments in AI infrastructure. The technology sector recently...
UP looks beyond Lucknow to boost startups, MSMEs as Aavishkaar, Intellecap partner with Invest UPWith more than 11.5 million MSMEs across the state, Uttar Pradesh is looking beyond its established startup centres to build a wider enterp...
Global Market: Wall Street's top asset managers bet big on AI infrastructure boomWall Street’s leading alternative asset managers are ramping up investments in AI infrastructure, betting on long-term leases and creditwor...
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...
India is addressing Wall Street’s favourite ‘elephant’ in the room to its own advantageThe Indian government has identified 762 potential applications of artificial intelligence across 62 ministries and departments, spanning f...
AI giants' funding ambitions test Wall Street's appetite for riskThe heavyweights of the AI industry are facing a reckoning on Wall Street, reflecting concerns over who will bear the cost of the artificia...
AI financing driving private credit growth as refinancing risks rise, Moody's saysThe ratings agency said AI financing needs now extend beyond data-center construction to land, power, semiconductors, graphics processing u...
Ather rides to profit; Pronto's US AI playAther Energy swung to profit in the July-September quarter. This and more in today’s ETtech Top 5.
Meta eyes record $95 billion equity raise to fund AI expansionThe Facebook parent has launched public offerings worth about $35 billion in common and preferred stock, and said it also plans to launch a...
'The problem was caused by you': Commerce Minister Piyush Goyal calls out Europe over carbon emissionsUnion Commerce Minister Piyush Goyal said India accounts for less than 3% of global carbon emissions despite representing 17% of the world'...
AI boom’s funding web could spread losses across global markets, IMF warnsThe IMF reports that global AI investment could induce a significant market correction if expectations are unmet. Economic growth has been ...
Four horsemen of economic trouble? RBI governor flags the risks spooking the worldThe RBI raised the repo rate 25 bps to 5.50%, its first hike in nearly four years, and shifted its stance to calibrated tightening. Governo...
India within striking distance of 8% GDP growth, resilience not accidental: Shaktikanta DasWith an ambitious target of 8% GDP growth, India aims for Viksit Bharat by the year 2047 through innovative reforms. The government is dedi...
Nvidia's bet that its chips can finance the AI boom gets a Wall Street reality checkBy Saeed Azhar, Max A.- Nvidia's mammoth financing plan has opened a debate on Wall Street about how much its advanced chips and the infras...