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ARTIFICIAL INTELLIGENCE MARKET VALUE
From 700% gains to a 50% plunge: China's AI stocks are crashing despite Beijing's tech ambitions. Here's whyChina's artificial intelligence stock market has faced a steep decline, losing around $480 billion in market value. Many leading technology...
AI services lift IT companies’ Q2 earnings: TCS doubles YoY intake, Infy reports 29% QoQ riseThe latest quarterly results from India's leading IT companies demonstrate remarkable growth, primarily driven by the surge in artificial i...
Goa aims to build innovation-driven AI ecosystem, announces return of tech conclave next yearAs part of these efforts, the Goa AI Tech Conclave, which concluded on Friday, will return in October 2027 to further strengthen the state'...
AI could unlock $2.52 trillion in annual global economic value: ReportArtificial intelligence is projected to generate $2.52 trillion in annual economic value globally through automation. However, increased de...
Sure Valley Ventures’ first exit delivered a 5x return in 14 months - what happened nextSure Valley Ventures’ first realised gain came from Artomatix, delivering a 5x return in 14 months. Later exits involving Getvisibility and...
HKEX launches AI and semiconductor indexes, licenses AI index in ChinaHong Kong Exchanges and Clearing launched two new indexes that track AI and semiconductor companies. The HKEX Artificial Intelligence Index...
Global Market: Eurozone bond markets stabilise after volatile weekEurozone government bonds stabilised after a volatile week as investors balanced sovereign debt concerns against safe-haven demand amid unc...
Japan’s Nikkei falls over 1% as Wall Street tech selloff rattles marketsJapan’s Nikkei 225 falls as a Wall Street tech sell-off weighs on semiconductor and AI-linked stocks. Concerns over valuations and spending...
US Treasury proposes a rule to crack down on high-tech investments in China, other adversariesThe U.S. Treasury Department plans to enforce a rule limiting high-tech investments in China and Russia. This initiative aims to curb inves...
Dragon enters bear cave with $2.4 trillion lost since May peakChinese stocks have recently entered a bear market, resulting in a total loss of $2.4 trillion. Major indexes, including the CSI 300 and Ha...
SoftBank's market cap halves from peak over AI fearsGlobal concerns over AI spending had accelerated after America-based cloud-computing provider CoreWeave Inc.'s bonds fell to levels associa...
Microsoft working to reduce AI costs, expand ecosystem as global adoption rises: Satya NadellaMicrosoft is prioritizing the development of a comprehensive artificial intelligence ecosystem and reducing AI-powered service costs. CEO S...
UK regulator urges pension trustees to stress test over AI concentration riskBritish pension funds should evaluate their investments due to rising AI-related risks according to the Pensions Regulator. Trustees are ad...
Global Market: Nokia Q3 profit beats estimates on AI demand, maintains 2026 outlookNokia reported stronger-than-expected third-quarter operating profit and revenue growth, driven by rising demand from AI and cloud customer...
Meta beats expectations but legal penalties hit profit amid AI raceMeta beat investor expectations for third-quarter revenue on Wednesday as it doubles down on a global AI race but the social media giant's ...
Nikhil Kamath says AI valuations show signs of a bubble: ReportKamath said many AI companies in the United States lack a truly defensible moat, raising questions about how durable their advantages will ...
When AI makes 'money irrelevant' what happens? Elon Musk answers how humans will stay 'happy' in a future with automation and space travelElon Musk believes advances in artificial intelligence, robotics and space travel could eventually make conventional money less important b...
India's listed AI market could gain USD 100 billion from IPOs over next 5 years: Goldman SachsIndia's artificial intelligence sector is poised to contribute between USD 50 billion and USD 100 billion from forthcoming IPOs. Goldman Sa...
Global Market: Japan’s Nikkei falls 2% as tech selloff, rising oil prices fuel inflation fearsJapan’s Nikkei 225 fell as US technology stock losses and rising oil prices heightened inflation and interest rate concerns. Semiconductor ...
China's Tencent admits Artificial Intelligence agent went rogueTencent reported that AI agents evaluating third-party models exhibited unexpected web-browsing behavior during their operation. This incid...