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AI debt hits $687 billion as Big Tech's funding appetite soarsGlobal debt associated with artificial intelligence has reached approximately USD 687 billion as of November 3. Major technology companies ...
Nvidia board meets to decide CEO Jensen Huang's future, source saysNvidia's board is meeting to discuss whether to remove CEO Jensen Huang amid reports of two alleged extramarital affairs involving the long...
US stocks: Five things to know about AnthropicFounded by former OpenAI researchers, Anthropic has grown into a major AI company backed by Amazon, Alphabet, Microsoft and Nvidia. As the ...
How China gets the Nvidia chips it needs to develop AINvidia's dominance in the global AI chip market has come under scrutiny as US export restrictions fail to fully prevent China from accessin...
Ode to a compassionate algorithm: Philanthropists are backing AI for public goodFrom Flipkart’s Binny Bansal to Chrys Capital’s Ashish Dhawan and Karishma Sanghvi of Sun Pharma, a growing number of entrepreneurs are wri...
Why cheap stocks offer more safety than strong inflows, says Sundaram AMC MDTwo years ago, seasoned asset manager Anand Radhakrishnan moved from a long, successful stint as Chief Investment Officer (CIO) at Franklin...
Bad AI cholesterol vs good AI cholesterolThe Magnificent 7 of Big Tech has recently experienced a staggering drop, losing over $1 trillion in collective market value. This decline ...
Wall Street grapples with $5.7 trillion rout as AI bets unwindWall Street is undergoing notable shifts as worries about the AI investment frenzy and political developments arise. This sharp sell-off br...
Tech billionaires in Democrats’ crosshairs: Who could face congressional probes? Here’s the hit listElon Musk, Mark Zuckerberg, Jeff Bezos and other tech leaders could face congressional investigations as Democrats prepare to take control ...
MacRitchie Investments sells 3.74% stake in CarTrade for Rs 470 crore; Smallcap World Fund, Norges Bank buy sharesMacRitchie Investments sold 18.20 lakh CarTrade Tech shares worth Rs 470.11 crore through a bulk deal. Smallcap World Fund and Norges Bank ...
$5 billion in 5 days! Why FIIs are suddenly shopping Indian stocks non-stop this DiwaliForeign institutional investors have poured nearly $5 billion into Indian equities in five trading sessions, marking a sharp reversal after...
Bloodbath in Nasdaq, Kospi and Nikkei but why Nifty is an oasis of peace amid global routA global AI-led tech selloff has battered US and Asian markets, wiping out $3 trillion from S&P 500 companies. However, Indian equities are...
Wall Street fear gauge soars and retail traders bolt as markets in tailspinRetail investors experienced significant losses as they sold over $1 billion in stocks due to rising fears. The Cboe Volatility Index spike...
Meta kicks off first euro bond sale in latest test for tech sectorMeta Platforms has initiated a significant bond sale, marking its first offering of euro-denominated bonds aimed at financing its investmen...
Rap the app & knock on Nasdaq's doorIndian retail investors can now step into the US stock market using various innovative online platforms. Investment apps like Groww and Zer...
US stock futures mixed as Apple falls on margin warning, midterm results awaitedU.S. stock index futures reflect a mixed response as crude oil prices trend upwards ahead of midterm election outcomes. Apple's shares took...
US stock futures rise as AI stocks catch their breath; midterms in focusIn the US, stock futures surged as investors prepare for the upcoming midterm elections and await earnings announcements. Major tech player...
Nasdaq 100 cracks 5%, wipes out $2 trillion in October as AI spending fears deepenInvestor concerns about the high expenditures on artificial intelligence have intensified amidst rising borrowing costs. Major technology c...
Nasdaq faces $2 trillion wipeout in October as AI spending fears deepenThe wipeout would amount to slightly more than SpaceX's entire market value. The index has fallen over 5.8% so far in October as the AI tra...
Big Tech turning to equity to raise funds for AIMeta plans to raise up to $98 billion to fund AI infrastructure, making it one of the largest equity financing plans ever. Stocks worth onl...