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GLOBAL AI RACE
Samsung, SK Hynix shares crash up to 14% as Kospi’s massive bloodbath enters day 2Samsung Electronics and SK Hynix shares plunged as much as 14% as South Korea’s Kospi extended its sharp selloff for a second day. The decl...02 Jul, 2026, 02.12 PM IST- A new, inexpensive Chinese AI model is catching up with Anthropic, OpenAI on their home turfWestern startups are increasingly turning their attention to affordable and powerful AI models from China, particularly Z. ai's GLM-5.2, wh...02 Jul, 2026, 01.41 PM IST
- South Korea's Kospi plunges 8%, extending a two-day slide. What's unsettling the world's hottest market?South Korean stocks experienced a sharp two-day decline, with the KOSPI index plummeting over 10%. This downturn was fueled by concerns ove...02 Jul, 2026, 12.59 PM IST
- OpenAI offers 5% stake to Trump administration: reportThe proposed arrangement would involve other U.S. AI companies handing over a similar stake to the government, The Financial Times reporte...02 Jul, 2026, 11.47 AM IST
- Mythos and the fight over America's most powerful AIAfter a US government greenlight, global access to Anthropic's powerful AI model Fable 5 -- along with restricted access to the even more p...02 Jul, 2026, 09.38 AM IST
- Gurugram AI startup Brekfuz raises $525,000 in funding, valued at $7.5 millionFounded by Arhan Singhal (18), an artificial intelligence student at the University of Pennsylvania, and Sarthak Ahuja (19), a computer sci...30 Jun, 2026, 08.23 PM IST
- The $1 trillion AI 'arms race' is fueling a hidden supercycle and it's not just chipsDBS Bank says the global AI arms race is driving a multi-year capex supercycle extending beyond semiconductors into energy, networking, inf...30 Jun, 2026, 06.53 PM IST
- China, India see top firms lose market cap share in AI lagMajor stock markets in China, India, and Hong Kong are lagging in the global AI race, with top companies now holding a smaller market share...29 Jun, 2026, 01.00 PM IST
- 'One-time opportunity': South Korea bets big on AI boomSouth Korea's chip industry is poised for a significant boost amidst soaring demand for AI components. Analysts highlight this as a crucial...29 Jun, 2026, 12.25 PM IST
- South Korean president to unveil massive AI and chip investment driveLee will preside over the event, framed as a national "great leap" due to be unveiled around 0500 GMT, his office said, with ministries c...29 Jun, 2026, 08.01 AM IST
- AI investment boom may fuel financial risks: BISThe Bank for International Settlements (BIS) has cautioned about the financial dangers linked to the rapid growth of AI, pointing to issues...29 Jun, 2026, 12.35 AM IST
- Lights, camera, AI: For entertainment companies, a prompt may come with copyright headacheIndian entertainment firms are heavily investing in AI for content creation, but a lack of clear copyright laws is creating significant own...29 Jun, 2026, 12.30 AM IST
- Funding the 'mother of all cycles': Chris Wood cuts Indian stocks to double down on South Korean chip giantsChristopher Wood has cut select Indian equities to increase exposure to South Korean chipmakers like SK Hynix and Samsung Electronics, bett...28 Jun, 2026, 10.33 AM IST
- Chris Wood’s big warning: The specific risk that will finally trigger the end of AI tradeJefferies strategist Chris Wood believes the AI boom will end not because of a chip glut, but when investors realise hyperscalers cannot ge...27 Jun, 2026, 04.58 PM IST
- Trump administration asks OpenAI to limit release of GPT-5.6: ReportPer the report, the White House's Office of the National Cyber Director and the Office of Science and Technology Policy requested that the ...26 Jun, 2026, 03.50 PM IST
- Oil, AI and chips: The new resource race redrawing markets and nationsThe leap to a $5 trillion valuation for Nvidia underscores a dramatic paradigm shift: semiconductors have become the driving force of globa...24 Jun, 2026, 11.01 AM IST
- In supercomputer marathon, China tops US; but AI-high? NoChina's LineShine supercomputer has topped the global TOP500 list, utilizing domestically produced chips. However, experts suggest this ach...24 Jun, 2026, 12.00 AM IST
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