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CIRCULAR FINANCING
AI rockets to top of worries about financial system in latest Fed surveyArtificial intelligence has emerged as a top concern for financial stability, according to a recent report from the Federal Reserve. A stag...- 'We are all humans': Staff seek Nvidia CEO's returnFollowing Jensen Huang's abrupt resignation as CEO of Nvidia amid allegations of extramarital affairs, employees have rallied to reinstate ...
- Colette Kress, the CFO who challenged Huang's bets, is Nvidia's interim CEOColette Kress has been named interim CEO of Nvidia following Jensen Huang's resignation due to controversy. Kress has historically opposed ...
- Bengaluru woman takes her 3.5-year-old son to bank to mark end of Rs 43 lakh debt; recounts journey from year without income to building her own coaching practiceBengaluru-based Arpitha Rao has repaid her Rs 43 lakh education loan after eight years, navigating career setbacks, financial hurdles and m...
- Central government sets Rs 1.5 lakh laptop price limit for employees; Rs 1.8 lakh for Make-in-India devicesThe central government has issued new guidelines allowing officers in Pay Levels 8 and above to buy laptops for their official duties. Elig...
- AI's biggest risk lies in concentration of capital and power, warns NITI Aayog's Debjani GhoshDebjani Ghosh highlighted the systemic risks posed by the concentration of funding in the AI sector. She warned that circular financing com...
- Fallout from the Nvidia scandal may dampen the exuberance around the AI boomNvidia CEO Jensen Huang resigned following reports of personal scandals, including extramarital affairs. His departure raised uncertainty i...
- From biomass to biochar: Ankur Scientific’s 4-decade journey of turning waste into wealthThe Vadodara-based second-generation company has built a global business by turning waste into valuable resources.
- US stocks: US stocks closes lower as Nvidia slide outweighs energy rallyUS stocks closed lower as Nvidia’s decline following CEO Jensen Huang’s departure outweighed a rally in energy shares. The S&P 500 fell 0.3...
- Post-Gen Jensen Nvidia: A smooth leadership transition neededThe scale of Huang’s indiscretions outweighs anything reported so far in corporate history. Nvidia is the world’s 2nd most-valuable company...
- Jensen Huang quits as Nvidia CEO, putting $4 trillion empire in transitionJensen Huang has resigned as CEO of Nvidia, prompting concerns regarding the company’s future direction. Colette Kress has been appointed a...
- MeitY probes physical AI data use; Nvidia CEO Jensen Huang resignsMeitY is reviewing the practice of collecting first-person video and sensor data from gig workers to train physical AI models. This and mor...
- Why is Nvidia so powerful in the AI world, and what could Jensen Huang's scandal really cost?Nvidia's CEO Jensen Huang has recently admitted to an extramarital affair, and the woman involved, Alice Huang, has been accused of being a...
- 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...
- Anthropic's IPO: A close look at AI frontrunner's rapid growth, spiraling costsAnthropic aims to raise up to $64.4 billion in an upcoming IPO, representing a significant market debut. The company plans a valuation of u...
- Rs 8.02 lakh leave encashment tax exemption denied: Retired employee wins case in ITAT SuratRetiree Mr. Patel from Bharuch, Gujarat, sought a complete tax exemption on Rs 8.02 lakh of leave encashment. Initially, his company certif...
- Sebi sets up working group to review Innovators Growth Platform frameworkSEBI has formed a working group to review Innovators Growth Platform regulations and improve capital access for startups. The panel will ex...
- AMD's OpenAI, Meta chip deals trigger $1 billion quarterly chargeAMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could l...
- AMD's OpenAI, Meta chip deals trigger $1 billion quarterly chargeAMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could l...
- Besides the bubble, a big AI risk could be growing in the shadowsInvestors are worried about potential financial risks linked to Big Tech's investments in AI infrastructure. The technology sector recently...
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