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AI HOME APPLIANCES GROWTH
India’s young consumers are giving Samsung’s AI appliance bet a big boostSamsung sees significant AI appliance growth in India, driven by younger consumers. Connected Samsung appliances in India saw a nearly nine...- AI investment, government borrowing drive global cost of capital higher: Goldman SachsGoldman Sachs says the global cost of capital is rising as AI infrastructure spending pushes companies to borrow more while governments als...
- AI could double US GDP growth to 4% next year amid capital hurdles, says Elon MuskThe projection comes at a time when the broader artificial intelligence investment landscape encounters its first major macroeconomic test,...
- GST cuts, lower prices put dishwashers on Indian kitchen mapsDishwasher sales are rapidly growing in India after recent GST rate reductions. Manufacturers have adapted machines for Indian cooking, boo...
- Checkout financing may get festive boost as electronics turn costlierProducts such as mobile phones, laptops and consumer durables have become costlier, partly due to an AI-driven rise in memory chip costs. W...
- Chinese 'robot brain' startup sees ChatGPT-style breakthrough as soon as next yearDespite impressive hardware advances allowing Chinese humanoids to sprint, dance and do backflips on command, Chinese robot firms are incre...
- Removable oven knobs with an accumulation of cooking oil, grime, and sticky residue can be cleaned effectively for a fresh look and easy grip without any damageOven knobs tend to gather stubborn grease and dirt over time, often going unnoticed during regular cooking sessions. By removing the knobs,...
- Supportive of efforts by model companies to take more responsibility: AMD tech chiefAdvanced Micro Devices (AMD) is supportive of the comments made by AI industry leaders on slowing down development of frontier models to ad...
- In Silicon Valley, AI data center boom meets local resistanceIn Silicon Valley's biggest city, residents and environmental groups are organizing against a wave of proposed data center projects that of...
- AI in Indian homes: Samsung sees 30% growth in SmartThings users, makes Knox its security pitchSamsung sees significant growth in its Indian SmartThings user base. Consumers are increasingly adopting AI-enabled appliances for home man...
- AI’s trillion-dollar question: What happens if the boom slows?AI leaders urge a slowdown in advanced model development for safety measures. This call has caused significant market reactions and stock p...
- India’s festive demand hits 5-year high: From cars and ACs to TVs, apparel and quick commerce, retailers expect a bumper Navratri-Diwali seasonConsumer demand in India has reached a five-year high during the initial festive period, with sales growth recorded across home appliances,...
- Global AI stocks slide as tech leaders call for a slower development of superintelligenceShares of SoftBank, which owns about 13 per cent of OpenAI, fell over 11 per cent on Monday. South Korea's benchmark index Kospi, home to m...
- In 1988, Ed Begley Jr. bought a Studio City home for $225,000 and transformed it with solar panels, efficient appliances, and EV charging; 26 years later, it sold for $1.025 millionOver the years, actor Ed Begley Jr. has meticulously turned his home into a model of energy efficiency. This incremental renovation approac...
- OpenAI says working with Samsung on next-generation chips, deepening cooperationThe cooperation comes as Samsung broadens its use of generative AI. The company said in June that workers in its Device eXperience division...
- Habuild CEO on user loyalty; Flipkart Minutes gets its own appHappy Thursday! Habuild CEO Saurabh Bothra said repeat users are helping the company drive growth. This and more in today’s ETtech Morning ...
- Rentomojo’s Rs 1,256 crore IPO sails through on launch day; anchors invest Rs 376 croreRentomojo’s initial public offering (IPO) received 1.42 times the shares on offer on day one, led by non-institutional investors. The Benga...
- Samsung India pays the price of costlier chips with a round of layoffsSamsung India is cutting its workforce in batches. This action stems from pressure on smartphone sales and profit margins. Memory chip pric...
- Havells brings agentic AI voice control to 2.67 million mobile app usersHavells introduced an AI voice feature for its mobile app. This new system allows users to control connected appliances using natural speec...
- Xiaomi India steps up appliance push, next large category still under wrapsInitially focusing on air purifiers, Xiaomi India is planning to launch more products in India this August to mid-September as it builds a ...
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