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Apple beats sales and profit expectations but AI costs weigh on holiday salesApple exceeded analysts' expectations for its latest results on Monday when the iPhone-maker said it notched a "revenue record" for the Jul...- AI on the clock as fintechs demand payoff for spendsSeptember-quarter earnings calls of Paytm, Pine Labs, Groww, PB Fintech, Kissht and Mobikwik reveal a shift across payments, stockbroking, ...
- Grok bot users hit limits faster as Elon Musk warns of ‘unsustainably high’ AI agent costs: What happens next?Grok Bot usage limits: Elon Musk says the cost of running Grok Bot has become unsustainable relative to its revenue as users report hitting...
- Abu Dhabi's ADNOC, G42 sign deal with OpenAI as Sam Altman travels to UAEADNOC has officially partnered with OpenAI, marking a groundbreaking step for the energy sector as it becomes the first to leverage OpenAI'...
- 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....
- Apple's new CEO John Ternus to face first earnings test as memory costs surgeTernus, who took the reins from Tim Cook in September, has overseen the introduction of Apple's first foldable phone, smart home hub and Ap...
- Elon Musk says saving for retirement may become pointless. How AI and robots could change the future of moneyElon Musk envisions a future where breakthroughs in artificial intelligence lead to a surplus of goods and services. He suggests that, as a...
- AI is driving up memory prices. So why is Sam Altman questioning your PC's RAM?OpenAI CEO Sam Altman has questioned the need for large amounts of RAM in personal computers, arguing that much of the memory remains unuse...
- Hospital balance sheet: How AI could cut costs and improve efficiencyAs hospitals grapple with soaring costs in drugs, supplies, and labor, the integration of AI emerges as a vital necessity.
- Nasdaq 100 cracks 5%, wipes out $2 trillion in October as AI spending fears deepenInvestor concerns about the high expenditures on artificial intelligence have intensified amidst rising borrowing costs. Major technology c...
- Intel stock plunges 30% as weak PC demand and AI costs trigger global chip selloffIntel shares plunged 30% after the chipmaker issued a weak fourth-quarter revenue forecast and warned of negative cash flow for the year. T...
- Cash takes centre stage as investors rethink AI spending boomInvestors are increasingly focused on technology companies' cash generation capabilities to fund artificial intelligence investments. Micro...
- AI can perform the work of 10 people, says Zoho’s Sridhar Vembu, warns of headcount impactSridhar Vembu, the visionary behind Zoho, raises alarms regarding the transformative role of AI on computer-related jobs. He posits that on...
- AI an economic equaliser, tech at its best when inclusive, democratic: Google India's Preeti LobanaPreeti Lobana from Google India emphasises the transformative power of AI for small and medium businesses. She highlights the importance of...
- Anthropic files for US IPO amid AI boom, rising costs and safety concernsAnthropic has filed for a US IPO to support its ambitious AI development plans and secure funding. The company's recent financial details s...
- Anthropic unveils its US IPO filing; puts AI ambitions, costs in spotlightThe prospectus highlights Anthropic's rapid growth over the past year, fueled by Big Tech's breakneck spending that has driven a rally in A...
- AI could unlock $2.52 trillion in annual global economic value: ReportArtificial intelligence is projected to generate $2.52 trillion in annual economic value globally through automation. However, increased de...
- Mark Cuban says AI hack agents are like cockroaches, but can be controlledCuban, famous for his role on business reality show "Shark Tank" and his involvement in the Dallas Mavericks NBA team, ventured into health...
- Microsoft working to reduce AI costs, expand ecosystem as global adoption rises: Satya NadellaMicrosoft is prioritizing the development of a comprehensive artificial intelligence ecosystem and reducing AI-powered service costs. CEO S...
- Rising AI costs force companies to cap spending, says Goldman SachsIn ‘Connecting the Dots’ report, Goldman Sachs highlights how businesses are controlling AI bills by setting usage limits, removing tools t...
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