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US AI INDUSTRY
DeepSeek’s Liang Wenfeng tops Dario Amodei and Greg Brockman as richest AI founderLiang is now worth $36 billion, up from about $16.7 billion previously, according to the Bloomberg Billionaires Index. That ranks him well ...- US panic is missing the point on Chinese AISince last year, I’ve been tracking the trend of American startups using Chinese AI. This year, the shift has become harder to ignore. But ...
- Nobel laureates among more than 200 experts urging action on AI's economic impactThey issued the jointly signed statement on Monday, warning that AI could drive a larger economic transformation than the Industrial Revo...
- Canada regulator cited Anthropic's Claude Mythos in warning to banks on cyber risks, email showsThe regulator, the Office of the Superintendent of Financial Institutions, sent the email to chief technology officers, chief information s...
- HCLTech to invest Rs 3,500 crore in data centre businessThis came alongside the announcement of the IT company's June quarter result. HCLTech posted over 20% year-on-year rise in its consolidated...
- South Korea's AI tax windfall a 'golden window' for investment: LeeSouth Korea will use a tax revenue windfall from artificial intelligence chipmakers as a strategic source of investment, President Lee Jae ...
- Global Market: SK Hynix warns of historic memory chip shortage by 2027 as AI demand soarsSK Hynix anticipates a severe global memory chip shortage extending beyond 2030. Accelerating artificial intelligence infrastructure demand...
- TCS CEO on Q1 performance; B Capital on India’s IPO marketHappy Monday! TCS top deck told us that the coming quarters will see macroeconomic pressures ease and AI deals swell. This and more in toda...
- ETtech Q&A | TCS sees better Q2 show on stressed sectors’ turnaroundMacroeconomic uncertainties due to the West Asia conflict have led to project deferrals in key verticals at Tata Consultancy Services, whic...
- Tata Consultancy Services plans up to 8,900 AI deployment engineers, seeks AI acquisitionsTata Consultancy Services is building a large team of forward-deployed engineers. The company is also actively seeking artificial intellige...
- China temporarily bans helium exports as US-Iran tensions flare againHelium is essential for heat management in semiconductor production. The helium ban is the latest example of Beijing seeking to prevent dom...
- SK Hynix shares jump in marquee US debut as AI euphoria persistsSK Hynix's Nasdaq debut saw its shares jump significantly after a large share sale. This event signals strong investor enthusiasm for chip ...
- SK Hynix shares jump 14% in debut on US stock market riding on AI waveSK Hynix shares surged 14% in their Nasdaq debut after a $26.5 billion offering, highlighting strong investor demand for AI-linked chip sto...
- SK Hynix set for marquee US debut in test for AI appetiteSK Hynix's U.S. debut tests investor belief in the AI boom's durability. The South Korean chipmaker's offering is the second-largest share ...
- India must stay ahead in critical technologies like AI, says CEA NageswaranChief Economic Advisor V Anantha Nageswaran stressed India's need to lead in critical technologies. He advocated for government and industr...
- Micron's mega US expansion: Is the stock poised for more upside?Micron has raised its planned US investment to more than $250 billion through 2035 to expand semiconductor manufacturing and meet surging A...
- Taiwan central bank chief warns of AI bubble riskSpeaking at a parliamentary hearing, Governor Yang Chin-long told lawmakers that the AI boom has become a major driving force in Taiwan's ...
- China's MiniMax plans to launch giant 2.7 trillion parameter modelChinese AI firm MiniMax is developing a 2.7 trillion-parameter model. This new model could become the world's largest open-weight AI system...
- US chip startup SambaNova scores billion-dollar funding roundAmerican AI chip startup SambaNova secured $1 billion in new funding. This investment values the company at an impressive eleven billion do...
- SAIfety, monetise it: AI is rapidly becoming more about who owns the ecosystem around it - and India is prime candidateIndia can profit from global AI safety rules by providing services. The nation possesses the workforce to meet these emerging demands. This...
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