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AI COMPETITION 2023
Why is US stock market down today? Dow Jones, S&P 500 and Nasdaq fall as inflation hits three-year high and Iran tensions shake Wall Street - Nvidia, Amazon and technology stocks leading today's declineUS stock market is under pressure again. Investors woke up to another sharp decline in the Dow Jones, S&P 500 and Nasdaq after fresh inflat...- To win the deep-tech race, India needs ‘General Innovation Rules’India is launching ambitious science initiatives. However, current financial rules designed for conventional procurement hinder R&D. A new ...
- Thinking Machines’ Mira Murati bats for responsible innovation, human connectIn an interview with Bloomberg, Murati said the decision to start the company stemmed from a desire to build a frontier AI lab focused on h...
- India needs to remove tax friction for more FDIIndia is looking to boost foreign investment by reforming its tax system. Recent proposals aim to simplify taxes on foreign holdings. The c...
- Those willing to look beyond the fog of war: 5 large-caps from different sectors with upside potential of up to 28%The news mix could not be more confusing. On the one hand, the US House voted to halt Trump’s Iran war, and Israel and Lebanon again agreed...
- The great $100-billion tech shift: GCCs tighten grip on India’s talent marketIndia's Global Capability Centres (GCCs) jobs: India's Global Capability Centres (GCCs) are rapidly outpacing traditional IT services, driv...
- Wipro to acquire additional 20% stake in insurtech firm Aggne Global for $28.5 millionIT major Wipro will acquire an additional 20% stake in insurtech firm Aggne Global Inc. The deal is valued at $28.5 million. This acquisiti...
- India's brain-gain moment may be starting with a crack in the American dreamAs green card backlogs, visa uncertainty and layoffs reshape the American dream, India is emerging as a stronger destination for globally e...
- Wall Street Week Ahead: Jobs report on tap for soaring US stocks as rate path, bond yields eyed as risksIndian markets are watching US economic indicators next week. Investors are concerned about rising inflation and potential interest rate hi...
- War & AImpact: China's export-price jump fastest in 3 yearsChina's export prices surged 5% in April, the fastest in three years, driven by global energy costs and AI demand for commodities like oil,...
- AI-linked hiring in CDMO industry jumps nearly 3-fold in 2 years: ReportArtificial intelligence skill demand in India's Contract Development and Manufacturing Organisation sector is set to surge. Demand for AI s...
- AI rally: SK Hynix, Micron Technology join trillion-dollar club; Taiwan bourse overtakes India in market valueThe AI boom is fueling a surge in chipmakers like SK Hynix, Samsung, and Micron, pushing them into the $1 trillion market-cap club. This gl...
- AI coding startup Cognition raises $1 billion at $26 billion valueAI startup Cognition has secured over one billion dollars in a new funding round. This brings its valuation to a massive twenty-six billion...
- China's April industrial profits grow at fastest in more than two yearsChina's industrial profits saw a significant jump in April, the fastest since November 2023. This growth is largely fueled by strong export...
- Trump postpones AI order signing, 'didn't like' some aspectsUS President Donald Trump said he had postponed the signing of an executive order on artificial intelligence with top CEOs at the White Hou...
- ‘I don’t worry about a robot takeover’: Oxford AI expert Michael Wooldridge on Big Tech's real threats, and surprising winsAI expert Michael Wooldridge argues that the public's fears of robot takeovers are misplaced. Instead, he highlights how powerful tech comp...
- Meet Andrej Karpathy, OpenAI founding researcher hired by rival Anthropic; His education, Tesla role and othersAndrej Karpathy joins Anthropic: Andrej Karpathy — one of the most recognised names in artificial intelligence and a founding member of Ope...
- Imec CEO calls for stronger AI design push in EU's Chips ActEurope must develop its own AI chip design firms. The new head of imec believes this is crucial for future competitiveness. The upcoming Ch...
- AI spooks IT valuations; Groww promoters cut stakeAI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.
- Indian agentic AI companies hitting it out of park, raise $60 million in 2026The momentum continues from last year, when investments in agentic AI startups nearly doubled to $144 million from $75 million in 2024, sho...
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