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INVESTMENT IN ARTIFICIAL INTELLIGENCE
Alibaba Earnings: Can AI bets power the next growth wave?Alibaba’s Q2 earnings will test whether its aggressive AI investments can drive sustainable growth and profits. Strong Qwen adoption and cl...
Global Market: AI investment story shifts from spending to picking the winnersThe AI investment debate is shifting toward identifying sustainable winners as spending accelerates. Hyperscalers, semiconductor firms and ...
US Stock Market: Fed uncertainty, oil prices in focus as earnings sustain market optimismInvestors enter the week focused on interest rates, inflation and geopolitical risks, while strong corporate earnings support equities. The...
Global AI investment $1 trillion in 2026, to reach 1.4% global GDP by 2028: Goldman SachsGlobal investment in artificial intelligence is projected to reach around $1 trillion in 2026, with AI-related capital expenditure expected...
GS, the ultimate tech frontier to tap intoGenuine stupidity is presented as a revolutionary technology surpassing artificial intelligence. This concept requires no advanced infrastr...
Goldman in talks with investors on Nvidia financing deal after landing prized roleNvidia announced on August 10 it has partnered with six major financial institutions including Goldman to launch compute platforms aimed at...
Why I created AI Circus — All AI under one tentAmazon simplified shopping. Uber simplified car travel. Can AI Circus simplify the world of AI?
HCLTech, NetApp expand partnership to deliver hybrid cloud storage-as-a-service for enterprise AIHCLTech and NetApp expanded their partnership for hybrid cloud storage-as-a-service (STaaS) to accelerate enterprise AI adoption. The initi...
Goldman Sachs taps investors for Nvidia’s $500 billion AI financing pushGoldman Sachs is negotiating with investors for Nvidia's massive AI financing initiative. U.S. insurers and money managers will likely form...
Global Market Today: Asian stocks advance, crude oil holds declineAsian stock markets experienced a notable rise as easing US inflation rates and declining oil prices alleviated concerns regarding potentia...
AI firm Databricks valued at $190 billion as it bags $5 billion in fundingThe funding comes six months after Databricks was valued at about $134 billion in a previous round, as investor demand for companies tied...
AI hardware finds new ground in Kochi through SFO Technologies and Smart IOPsIn a groundbreaking partnership, SFO Technologies and Smart IOPS are set to revolutionize AI data storage solutions through specialized har...
AI boom is starting to show in UK economy's performanceWhile the Office for National Statistics said Britain's economy grew by 0.4% in the second quarter, the information and communications sec...
Global Market: China stocks rise on AI optimism; Hong Kong shares mostly flatChinese mainland stocks advanced, led by optical communications and technology shares, as strong AI demand forecasts boosted sentiment. Hon...
Accel raises $3.5 billion to invest in emerging global AI startupsThe firm, which has backed artificial intelligence companies including Anthropic, Cursor and Perplexity, has raised four separate funds ded...
Maharashtra clears Rs 5.47 crore expenditure for IT projects and servicesMaharashtra government approved over Rs 5 crore for IT projects and cybersecurity services. This includes cybersecurity audits for ten gove...
TSMC approves $29.44 billion capital budget for capacity expansion amid AI demandTaiwan Semiconductor Manufacturing Co. (TSMC) approved a capital budget of about USD 29.44 billion for expansion amid the ongoing artificia...
Rapid7 cuts 12% of workforce as it invests more in AI tools; CEO says it is a ‘good company ready to be great’Rapid7, a notable player in cybersecurity, has announced a workforce reduction of around twelve percent as part of its strategic shift towa...
High AI stakes push Indian VCs to rejig funding playbooksAverage investments in AI startups have increased to $3-5 million at the seed level and upwards of $10 million in Series A rounds, said inv...
US productivity rises faster than expected in second quarterUS worker productivity saw a stronger than anticipated 1.4% rise last quarter. This growth follows a revised 0.8% increase in the prior per...