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AI rockets to top of worries about financial system in latest Fed surveyArtificial intelligence has emerged as a top concern for financial stability, according to a recent report from the Federal Reserve. A stag...
'We are all humans': Staff seek Nvidia CEO's returnFollowing Jensen Huang's abrupt resignation as CEO of Nvidia amid allegations of extramarital affairs, employees have rallied to reinstate ...
AI accounts for quarter of euro zone credit growth, ECB saysThe influence of artificial intelligence on bank lending in the euro zone is becoming increasingly pronounced, with European Central Bank c...
Huge inflows in small spacesIncreasing investments from global entities into India's financial sector are boosting the specialized lending institutions. Regulatory ref...
Jensen Huang’s Nvidia exit raises fears over the future of AI financingNvidia CEO Jensen Huang's reported departure rattled global markets, triggering concerns over the chipmaker's leadership, AI investments an...
US stocks: Nvidia shares plunge 13% after Jensen Huang quits as CEO; Colette Kress named interim chiefNvidia shares plunged 13% after co-founder Jensen Huang resigned as CEO and board member with immediate effect. CFO Colette Kress was named...
Jensen Huang quits as Nvidia CEO, putting $4 trillion empire in transitionJensen Huang has resigned as CEO of Nvidia, prompting concerns regarding the company’s future direction. Colette Kress has been appointed a...
What comes next for Nvidia and AI industry after spy scandalThe scandal, which deepened after reports of a second affair emerged, has sent shares in the multi-trillion-dollar company plunging and rai...
‘The MBA model will remain the same. The content will change’: IIM Ahmedabad directorIIM Ahmedabad is gearing up to unveil a cutting-edge executive MBA program in Dubai, specifically designed for senior leaders. This initiat...
Is AI selloff a window to buy? Morgan Stanley sees multiple buying opportunities on Wall StreetMorgan Stanley sees the recent AI stock selloff as an overreaction and recommends selectively buying the dip across hyperscalers, semicondu...
Moonshot AI rents Nvidia’s top AI chips in China, documents showDocuments indicate that Moonshot AI possibly accessed advanced Nvidia chips despite US export restrictions and related investigations. The ...
Banks, investors grow wary of AI debt, spooked by market selloffSome banks, which just a few weeks ago were lining up to fund AI deals, are now telling market participants they would be reluctant to fina...
US stocks face volatile week as AI selloff, inflation data and tech earnings loomUS stocks face a volatile week as investors brace for October CPI inflation data and key tech earnings following a sharp AI-led selloff. Re...
IT firms with lower capital requirements may gain as investors shift focus to AI monetisation: ReportInformation technology (IT) companies capable of monetising enterprise adoption of artificial intelligence (AI) without making substantial ...
AI investment cycle may have peaked, Jefferies warns; raises India allocation to 14%According to a recent Jefferies report, global investment in artificial intelligence appears to be facing a mid-cycle correction. Although ...
Is Cathie Wood betting on the next stage of the AI boom amid Wall Street’s tech stock crash, buying SpaceX and Nvidia while selling $120 million in Broadcom stock?Cathie Wood is buying AI stocks while Wall Street is selling them. ARK Invest purchased nearly $49 million in SpaceX and $46 million in Nvi...
Meta raises $15 billion in five-part US bond saleThe tech giant's offering adds to a wave of fundraising as companies raise fresh capital to finance AI data centers, computing capacity and...