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ARTIFICIAL INTELLIGENCE INVESTMENT
Chris Wood warns of massive capital destruction in US as China challenges AI boomJefferies strategist Chris Wood warns that the AI infrastructure boom could trigger massive capital destruction as cheaper Chinese open-sou...- Global Market: GIC to invest $30 billion more in hedge funds, doubles down on AISingapore's sovereign wealth fund GIC plans significant new investments. The fund will allocate an additional thirty billion dollars to hed...
- Global Market: European shares slip as tech stocks drag; ECB policy decision in focusEuropean shares slipped as weak semiconductor earnings and renewed concerns over AI spending weighed on technology stocks. Energy shares ga...
- Travis Kalanick’s Atoms secures $1.7 billion from a16z, Uber, others to expand into industrial AIAtoms, Travis Kalanick's robotics firm, has secured $1.7 billion in funding. This investment, led by Andreessen Horowitz, will fuel industr...
- Uber cuts 10% customer service jobs as AI becomes latest driver of tech layoffsUber has cut 10% of its customer service workforce, marking the first time the company has directly linked layoffs to artificial intelligen...
- Meta's Muse Spark edges past Google's Gemini on AI benchmarkMeta's new AI model has edged past Google's Gemini on a key benchmark. This development has sparked discussions among AI industry observers...
- AMD to invest up to $5 billion in Anthropic; AI startup to buy up to 2 GW of chipsAMD plans to invest up to $5 billion in Anthropic, alongside a major AI chip supply deal starting 2027. The move strengthens AMD’s position...
- HFCL to set up Rs 215-crore data centre connectivity products factoryHFCL's board approved a Rs 215 crore investment for a new manufacturing facility. This plant will produce advanced data centre connectivity...
- US Stock Market: Goldman Sachs launches new private markets platform to expand offerings for wealthy clientsGoldman Sachs has launched a new platform to expand private market offerings. Investor demand for access to privately held companies contin...
- AI bigger risk to IT workers than companies, says Marcellus’ Pramod GubbiArtificial intelligence may reduce Indian IT sector employment before impacting companies. Valuations are less compelling now after recent ...
- Techie reveals how he went from Rs 35 LPA job to Rs 6 LPA job: ‘I gave my everything but…’A dejected tech professional recently took to the subreddit Developers India to reveal how he landed a seemingly dream job that promised hi...
- AI memory shortage threatens to trigger geopolitical strain, warns SK Group chiefSK Group Chairman Chey Tae-won warned that the global shortage of artificial intelligence memory chips could escalate into a geopolitical i...
- 5paisa Capital partners with OpenAI to bring AI-powered investing in India5paisa Capital has partnered with OpenAI to integrate AI-powered investing and trading features across its platform. The collaboration will...
- UN chief calls for faster adoption of AI-powered early warning systems to tackle climate disastersUnited Nations Secretary-General Antonio Guterres on Friday called for the faster adoption of AI-powered early warning systems, saying they...
- One learning platform. Endless possibilities: Exploring every ET Masterclass designed for tomorrow's leadersFrom AI and leadership to investing, entrepreneurship and financial literacy, ET Masterclass brings together expert-led programmes for ever...
- Global Market Today: Asian stocks drop after chip selloff, oil gainsAsian stocks declined as chipmakers pulled down Wall Street amid valuation concerns. Oil prices climbed higher this week due to escalating ...
- Chinese filing implies DeepSeek valuation of around $52 billionAnhui Korrun's subsidiary invested 2.90 billion yuan in DeepSeek. This investment secured an indirect 0.8265% stake in the company. The dea...
- AI-boom fuels 'K' shaped global economic growth: Moody's AnalyticsThe global economy shows K-shaped growth as artificial intelligence advances some sectors. Moody's Analytics predicts a slowdown to 2.5 per...
- US Stock Market: Wall Street investment banking revival gains momentum as IPOs, M&A fuel deal boomWall Street's investment banking recovery is gathering momentum, driven by a rebound in IPOs, M&A deals and corporate debt issuance. The si...
- Zoho's Sridhar Vembu asks if AI can solve cancer, climate change and war. Is it the only technology that matters? Internet left dividedZoho founder Sridhar Vembu has sparked a debate on X after questioning whether AI could become the only technology that truly matters if it...
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