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AI INDUSTRY GROWTH
Corporate India's white-collar hiring rises 14% in October, led by manufacturingCorporate India's white-collar hiring showed a 14% increase in October compared to the previous year. Notably, production and manufacturing...- Blackstone president says more tech sector fundraising ahead to keep up with AI industry growthBlackstone President Jon Gray said on Tuesday there would be more global equity fundraising needed to keep up with the enormous likely dema...
- The power of signature IPs: A new way for B2B brands to reach decision-makersLearn how signature IPs, including industry summits, executive programmes, awards and exposure, help B2B brands to engage key decision-make...
- US manufacturing strengthens in October, input prices stay highUS manufacturing activity accelerated in October, with the ISM manufacturing PMI rising to 55.5 from 54.5 in September, beating Reuters-pol...
- India's economic pillars show 'no fragility', says Finance Minister Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman highlighted the government's commitment to increasing capital expenditure to promote economic gro...
- 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....
- US Midterm elections, Apple earnings, jobs data to test Wall Street after AI routWall Street faces a pivotal week as US midterm elections, major corporate earnings and October jobs data test investor sentiment. Recent AI...
- South Korea's Lee vows to make bold AI investment in record budget pushHis administration proposed in September increasing government spending by a record 12.8% next year to 820.9 trillion won ($615.62 billion)...
- Uttar Pradesh to launch state Quantum Mission, steps up push for AI and roboticsThe state of Uttar Pradesh is gearing up to launch a transformative Quantum Mission, poised to bolster its technology framework. By focusin...
- Nasdaq futures tumble over 2% as Amazon, Intel stoke AI spending concernsU.S. stock futures tumbled as Amazon's rising AI investments and Intel's cash burn warning heightened concerns over infrastructure costs, b...
- Foxconn working on a new tie-up with OpenAI, says there is no AI bubbleFoxconn Chairman Young Liu told reporters at the company's annual event to showcase its technology that he had met OpenAI Chief Executive S...
- Honeywell leaning on physical AI to net $1 billion India revenuesThe $69 billion building, process, and industrial automation giant, carved out from the Honeywell industrial conglomerate as part of a comp...
- Google shares crash 13% after $9 billion cash burn sparks AI spending fearsAlphabet shares crashed 13% as third-quarter earnings missed expectations due to heavy AI spending and slowing search ad growth. Net profit...
- Dean of valuation Aswath Damodaran pegs Anthropic's worth at $1.475 trillion ahead of mega IPOAswath Damodaran values Anthropic at $1.475 trillion ahead of its anticipated IPO, but warns that compute costs, slowing revenue growth, an...
- Microsoft, Oracle outshine Alphabet as investors demand AI returnsWall Street increasingly favours technology companies demonstrating financial discipline in AI investments. Microsoft and Oracle gained on ...
- Michael Burry says Anthropic IPO papers show AI industry is 'catastrophically vulnerable'. What the 'Big Short' investor seesInvestor Michael Burry warned that Anthropic’s planned IPO exposes serious vulnerabilities in the AI industry, citing massive infrastructur...
- Global Market: Samsung Electronics posts record $80.5 billion quarterly operating profit on AI chip boomSamsung Electronics reported record quarterly operating profit of 107.4 trillion won, driven by surging AI memory chip demand. Despite stro...
- IT firms navigate peak pessimism by prioritising growth in stable Q2Analysts said that artificial intelligence (AI) is becoming a significant revenue driver for the majority of Indian IT companies. However, ...
- byteXL strengthens leadership team to fuel AI and skilling pushbyteXL has appointed four senior executives across operations, business, strategy and finance as it prepares to scale its institutional net...
- Why AI stocks rallied after Anthropic’s IPO filingAI stocks rallied after Anthropic disclosed IPO paperwork, with Nvidia gaining nearly 3% and the Philadelphia Semiconductor Index climbing ...
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