Global Market: Alibaba shares slide after $10.2 billion share placement to fund AI expansionAlibaba shares fell as much as 10% after the company launched a $10.2 billion share placement to fund AI expansion. The discounted offering...
24 Aug, 2026, 10.09 AM IST
US Stock Market: Nvidia earnings, Jackson Hole to test strength of AI-led stock rallyNvidia’s earnings and Fed Chair Kevin Warsh’s Jackson Hole debut are poised to test the AI-driven stock rally. Rising Treasury yields, infl...
24 Aug, 2026, 10.01 AM IST
Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AIAlibaba said on Sunday its HK$80 billion ($10.21 billion) share placement finalised at HK$112.70 apiece - an 8.4% discount to its Friday cl...
24 Aug, 2026, 08.02 AM IST
AI agents can automate work, but not leadershipAI agents could reshape how companies work and make decisions, but business leaders stressed the need for strong governance, clean data and...
24 Aug, 2026, 06.00 AM IST
ET WLF: India's growth story holds firm as AI boom redirects global capitalGlobal capital is temporarily drawn to massive US AI investments. India's long-term growth prospects remain strong despite this shift. Demo...
24 Aug, 2026, 01.10 AM IST
Compute capacity is foundational infra of the AI era, says Preeti Lobana, vice-president and country manager at Google IndiaGoogle's $15 billion investment will build a 1-gigawatt AI data centre hub. This infrastructure is crucial for India's $1 trillion digital ...
24 Aug, 2026, 12.47 AM IST
Nvidia customers notified about AI-related price hikes above 15%: BloombergThe price hikes will go into effect on systems shipped early next year and will impact systems including those with the flagship Vera Rubin...
23 Aug, 2026, 05.58 PM IST
VCs becoming marginal in AI cycle, enterprises should invest in the sector: Peak XV’s Shailendra Singh“Every large enterprise should be investing in AI,” Singh said at The Economic Times World Leaders Forum in New Delhi. Pointing to HCLTech’...
23 Aug, 2026, 04.45 PM IST
Nvidia invests in data center developer Cloverleaf InfrastructureThe investment will help Cloverleaf develop sites for the data centers, while Nvidia will support infrastructure buildouts for AI computi...
22 Aug, 2026, 01.12 PM IST
Explained: Why OpenAI and Anthropic are suddenly talking about privacyEnterprise data privacy became the battleground for AI companies this week with OpenAI and Anthropic making moves this month that reverse o...
22 Aug, 2026, 01.09 PM IST
Nebius upsizes debt sale to $5 billion to fund data centres, AI platformThe Amsterdam-headquartered company plans to issue private convertible notes worth $3 billion maturing in 2030, and notes worth $2 billio...
20 Aug, 2026, 04.40 PM IST
AI in finance: From crunching numbers to making decisions, how far can it go?Artificial intelligence is increasingly assisting in financial tasks and decision-making. Organisations report improved decision quality an...
19 Aug, 2026, 04.21 PM IST
Sridhar Vembu explains why phones and laptops are getting expensive in 2026Zoho founder Sridhar Vembu has warned that the massive AI investment boom is pushing up the cost of memory and other technology components,...
19 Aug, 2026, 10.17 AM IST
China goes rural with data centres in quest to power AIIn China's hilly Guizhou province, a cluster of European-style buildings complete with clock tower and multi-arched bridge emits a low, per...
19 Aug, 2026, 09.15 AM IST
Nvidia to provide up to $105 billion guarantee for OpenAI's Ohio data centreThe new deal is the latest example of Nvidia financing the infrastructure built around its chips, a strategy that helps drive demand but ha...
18 Aug, 2026, 12.04 AM IST
Global Market: AI investment story shifts from spending to picking the winnersThe AI investment debate is shifting toward identifying sustainable winners as spending accelerates. Hyperscalers, semiconductor firms and ...
17 Aug, 2026, 01.01 PM IST
When the cloud gets thirsty: Should India make AI pay back its water debt?India's AI sector is poised to face a substantial challenge due to its increasing water demands for infrastructure, particularly as data ce...
17 Aug, 2026, 12.09 AM IST