Why US stocks are falling: Dow Jones crashes over 700 points as AI selloff, SpaceX fears hit marketsUS stocks experienced a decline as AI related shares continued to selloff significantly over the week. The Dow Jones Industrial Average fel...
23 Oct, 2026, 08.47 PM IST
Explained: Why is Meta creating a new class of non-voting shares amid its AI growth?Meta plans to create a new class of publicly traded non-voting stock, known as Class C shares, and distribute one Class C share for each ex...
23 Oct, 2026, 07.00 PM IST
Pathos AI teams up with Bristol Myers and Tempus AI to advance drug developmentPathos AI said on Friday it had entered into a collaboration with Bristol Myers Squibb and Tempus AI to develop artificial intelligence too...
23 Oct, 2026, 06.49 PM IST
Steep bill for AI buildout punishes Meta, other tech favoritesInvestors sold shares of Meta Platforms and a wealth of companies central to the AI trade, a day after Meta -- one of the so-called hypersc...
23 Oct, 2026, 12.47 AM IST
Nebius gets $3.5 billion Citi facility for data center growthNebius has successfully acquired a substantial $3.5 billion financing facility from Citi, aimed at expanding its operations. This crucial f...
22 Oct, 2026, 04.42 PM IST
Westpac's latest job cuts not AI-driven, spokesperson saysWestpac is set to eliminate approximately 140 positions as part of a restructuring effort. The Finance Sector Union highlights that the ban...
22 Oct, 2026, 12.42 PM IST
India's AI financing demand to shift towards data centres, but GPU, regulatory risks persist: ReportAs India embraces the AI revolution, the sector's growth is bolstered by a surge in internet and smartphone users, alongside a wave of gene...
22 Oct, 2026, 12.17 PM IST
Tech giants' AI spending to exceed $1 trillion in 2027, lift US growth: UBSMajor technology companies are projected to invest more than USD 1 trillion in artificial intelligence infrastructure by 2027. Reports indi...
21 Oct, 2026, 10.23 AM IST
AI startup Simplismart in talks to raise $40-50 million; valuation may tripleSimplismart, an innovative AI infrastructure startup, is in talks to secure between $40 and $50 million in funding, which could potentially...
21 Oct, 2026, 10.01 AM IST
Korea’s KOSPI crashes another 5% as AI rout deepens; AI bellwether down over 40% from peakChip heavyweight SK Hynix Inc. headed for its lowest close since April. Data-center infrastructure company Elice Inc. plunged as much as 32...
20 Oct, 2026, 09.38 AM IST
S&P Global flags potentially hidden AI debt at hyperscalers as AI spending surgesS&P Global warned that hyperscalers could be carrying more AI related debt than currently visible through financing structures linked to da...
20 Oct, 2026, 12.20 AM IST
ISB programme explores AI’s growing role in the future of digital financeThe Executive Programme in Fintech and AI at ISB is crafted to equip finance professionals with cutting-edge skills in financial services. ...
19 Oct, 2026, 05.41 PM IST
China's AI data centre boom faces Return-on-Investment test as financing costs rise: Goldman SachsGoldman Sachs examined three business models in China's data centre sector: traditional powered-shell facilities, integrated AI data centre...
19 Oct, 2026, 12.43 PM IST
AI infra boom faces financing risks as data centre bond spreads widen: Goldman SachsThe report said high-yield bonds issued by data centre companies are facing pressure as investors assess the risks of financing the rapid e...
19 Oct, 2026, 10.49 AM IST
Who will pay for today's optimism if AI goes wrong? CEA Anantha Nageswaran answersChief Economic Adviser Anantha Nageswaran raised concerns over the financial risks linked to artificial intelligence. He stated that financ...
17 Oct, 2026, 04.42 PM IST
Rising borrowing costs signal funding risks for global AI expansion: Jefferies reportAs the financial markets grapple with emerging pressures, substantial investments in artificial intelligence infrastructure are evident. Co...
17 Oct, 2026, 04.34 PM IST
Rising borrowing costs signal funding risks for global AI expansion: ReportFinancial markets are facing elevated credit risks, particularly for firms operating in the artificial intelligence infrastructure sector. ...
17 Oct, 2026, 03.14 PM IST