Federal Reserve rate hike bets strengthen as US jobs growth beats estimatesStronger than expected US jobs growth has revived expectations of a December Federal Reserve rate hike, with employers adding 165,000 jobs ...
US stocks today: Nasdaq rebounds as chip stocks recover from steep losses, rate fears persistUS stocks rebound as chipmakers recover from Thursday's steep AI-led selloff, lifting the Nasdaq 1.73%. Nvidia, AMD, Intel and Micron lead ...
European stocks head for weekly losses amid global tech selloffEuropean shares tumbled as concerns over AI valuations, heavy technology spending and potential US restrictions on data-centre investments ...
Anthropic listing under pressure: Investors question timing and sky-high valuationAnthropic's proposed $100 billion IPO faces uncertainty as investors question its $1.5 trillion valuation amid a global AI sell-off, rising...
China, Hong Kong stocks fall as US tech rout sparks AI bubble fearsChinese and Hong Kong stocks took a hit as American tech shares slumped overnight, fueling worries about the durability of the artificial i...
Why did US stocks crash? Trump blames Democrats as AI regulation fears rattle marketsDonald Trump blamed the Democrats' midterm election gains for Wall Street's sharp selloff, as concerns over potential curbs on AI investmen...
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...
Anthropic may need to cut IPO ambitions as investors balk: reportAnthropic may have to accept a lower valuation than the $1.5 trillion it had been targeting for its stock market debut, after a sharp tech ...
Anthropic is rapidly accelerating AI development amid slowdown calls, outside research group saysAnthropic invited researchers from the Berkeley, California-based nonprofit, Model Evaluation and Threat Research, to review its internal d...
Why Goldman Sachs, JPMorgan, Uber are restricting AI access for employeesGoldman Sachs recently restricted most of its employees from using Anthropic’s Claude Code and Microsoft’s GitHub coding tools,Bloomberg re...
Sam Altman on why India is optimistic about AI, while the US is scepticalSam Altman, CEO of OpenAI, recently praised India's swift embrace of AI, identifying it as ChatGPT's largest market. He observed that India...
Aswath Damodaran trims his Anthropic IPO valuation to $1.45 trillion; Dean of valuation explains whyValuation expert Aswath Damodaran has lowered Anthropic's estimated worth to $1.45 trillion, citing concerns over governance, regulatory hu...
Google hands schools the AI switch as learning concerns growGoogle plans to restrict access to its AI tools for K-12 students, pending administrator approval. This change follows feedback aimed at en...
US midterm elections: Early Democratic wins rattle Wall StreetEarly Democratic victories in key US Senate races have raised expectations of a potential shift in control of Congress, although the final ...
Europe stocks slip on AI concerns, escalating Iran tensionsAsian tech benchmarks came under pressure earlier in the day as investors reassessed the sustainability of the AI-driven rally following di...
Deep use cases vault India to ChatGPT’s top global market: OpenAI's India MDDuring a visit to India last year, the ChatGPT maker’s cofounder Sam Altman said that India was the fastest growing market for the frontier...
India’s small companies need to see AI as more than an artificial promiseIndia MSME news: India's micro, small and medium enterprises are exploring the adoption of artificial intelligence to enhance productivity....