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ARTIFICIAL INTELLIGENCE BOOM
US economy picks up pace, grows 2.2% as consumer spending, AI investment surgeThe US economy grew at a 2.2% annual pace in the second quarter, up from the government’s earlier 1.5% estimate, as consumer spending and b...- ET Alpha Wealth Summit 2.0: Why next market cycle may need a new playbookMarket cycles can reshape sector leadership, earnings expectations and valuations. As investors navigate changing interest rates, geopoliti...
- Global Market: China factory activity returns to growth in September as AI boom supports industrial sectorChina’s factory activity returned to growth in September, with the official manufacturing PMI rising above the expansion threshold. Strong ...
- China factory activity returns to growth in September as AI boom supports industryChina's manufacturing sector showed signs of recovery with a manufacturing purchasing managers' index of 50.1 in September. This marks an i...
- OpenAI bets on always-on AI agents as safety concerns test pace of AI developmentOpenAI announced new AI agents named Dots that assist users by completing tasks proactively. CEO Sam Altman highlighted the importance of s...
- AI bubble to burst sooner than expected? Michael Burry believes it would take only one season of revenue disappointmentMichael Burry has accelerated his bearish outlook on AI stocks, shifting toward leveraged put options and expecting an earlier bubble burst...
- In 2024, Fei-Fei Li raised USD 230 million to launch World Labs, years later Chip maker AMD acquires artificial intelligence company for USD 8.2 billion, abrupt shift from China to New Jersey changes everything for 'Godmother of AI'Earlier in February, 2026, Fei-Fei Li's World Labs raised $1 billion in a funding round as the startup accelerates its efforts to advance "...
- Why is Nvidia share price up today?Nvidia's share or stock (NVDA) price is rising by 2.9% today. The share price is $225.07 USD on the NASDAQ. The chip making company has rec...
- Nvidia approves record $150 billion share buyback plan as AI boom powers cash generationNvidia approved an additional $150 billion in share buybacks, taking its remaining authorisation to $235 billion through fiscal 2028. The r...
- Trump cannot afford to let AI boom fail: 'Big Short' investor Michael Burry explains whyMichael Burry, the investor known as the “Big Short” investor, said the Trump administration cannot afford to let the AI boom falter as AI ...
- Global Market: KOSPI drops over 2% as Samsung, SK Hynix slide on yield concernsSouth Korean shares fell over 2% as higher bond yields weighed on risk appetite after a two-day holiday break. The KOSPI declined 2.13%, le...
- AI boom raises ‘too-big-to-fail’ concerns as ecosystem expands, says Kansas Fed's Jeff SchmidKansas City Federal Reserve President Jeff Schmid has expressed concerns about the interconnectedness of the artificial intelligence indust...
- “Healthy masculine, protector mentality…” California tech executive’s bizarre dating wishlist for future husband sparks online uproarA California tech executive has sparked a huge online reaction after sharing an unusually detailed dating wishlist for her future husband. ...
- BlackRock, IFM close in on $25 billion Stack data center deal: BloombergGlobal investors have been pouring money into Asia's booming data center sector, driven by rising demand for cloud computing, AI and digita...
- US economy firming as inflation risks persist, says Richmond Fed’s Tom BarkinThe US economy demonstrates resilience with strong consumer spending and growth beyond technology sectors. Richmond Fed President Tom Barki...
- AMD hits $1 trillion market cap: Here’s a look at other chip firms in this clubAMD has joined the $1 trillion market-cap club, becoming the fourth US chipmaker to reach the milestone after Nvidia, Broadcom and Micron. ...
- Climate Week talks balance hope for clean energy against uncertainty over AIGlobal leaders are meeting to address Earth's worsening health and climate change impacts. A renewable energy boom offers hope, while artif...
- OpenAI's Sam Altman to brief UN Security Council next weekSam Altman, the CEO of OpenAI, will present at the UN Security Council next week, focusing on the implications of artificial intelligence f...
- India’s Semicon 2.0 should go beyond chip fabs, focus on design, packaging: Chris MillerIndia's semiconductor strategy should broaden beyond fabrication to include design and equipment. Advanced packaging offers another signifi...
- TikTok founder Zhang Yiming overtakes Gautam Adani as Asia’s richestByteDance founder Zhang Yiming now leads Asia's wealthiest individuals. His fortune has surpassed Gautam Adani's due to the booming artific...
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