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OPTIMISM IN AI
Paisalo Digital bets on AI and Nvidia chips to double its loan book in 3 yearsPaisalo Digital is aggressively pursuing a technology-first strategy, aiming to double its loan book in three years while maintaining a hea...
ETtech Explainer: OpenAI is halving inference cost and what this meansOpenAI has reportedly halved its AI inference costs through significant optimizations, a crucial development amid rising AI development exp...
Days after Meta sent 4 AM layoff emails to 8,000 employees, CEO Mark Zuckerberg says fears of AI job losses are overstated and more jobs could be created if...Meta CEO Mark Zuckerberg believes artificial intelligence won't necessarily lead to mass job losses. He has argued that companies can choos...
'Just mention Zoho and get discount on Microsoft Office license': Sridhar Vembu says India will catch up in AIZoho founder Sridhar Vembu shared an anecdote where a customer secured a 90% discount on Microsoft Office licenses after mentioning Zoho as...
Mankind Pharma joins hands with Denovo Sciences for AI-powered drug discoveryMankind Pharma has joined forces with Denovo Sciences to revolutionize drug discovery using artificial intelligence. This strategic partner...
Global Market: Samsung, SK Hynix double down on AI chip boom with massive investment push despite oversupply risksSouth Korean chip giants Samsung and SK Hynix are investing trillions to boost memory chip production, fueled by soaring AI demand. This am...
US govt lifts restrictions on powerful AI models, Anthropic saysAnthropic will soon begin restoring access globally to its most powerful AI models, Fable 5 and Mythos 5, after the US government lifted a ...
India eyes open source, homegrown AI amid access curbs on frontier modelsIndia is championing open-source and homegrown AI models to counter potential access restrictions on advanced frontier technologies. The IT...
RBI flags AI stock boom as financial stability risk, says Indian banks remain resilientIndia's central bank has identified soaring AI stock valuations globally as a financial stability risk, warning of potential market spillov...
China's Nexchip Semiconductor seeks up to $890.3 million in Hong Kong share saleNexchip's raising follows a slew of Chinese technology firms seeking to raise funds in Hong Kong's red-hot capital markets, with Apple supp...
Tech Mahindra partners with Microsoft to bring AI digital twins to telecom networksTech Mahindra and Microsoft have joined forces to revolutionise telecom network modernisation with an AI-driven 5G network digital twin. Th...
Samsung, SK Hynix mega South Korea chips gamble tests optimism of AI cycleSouth Korean tech giants Samsung and SK Hynix are investing billions in AI chip production, a move lauded by President Lee Jae Myung. While...
Europe's STOXX 600 on track for biggest quarterly gain in over five years on AI boostEuropean markets are soaring, marking their best quarterly performance in over five years. Optimism surrounding artificial intelligence and...
US Stock Market: Economic resilience collides with expensive valuations on Wall StreetThe US economy shows surprising strength with robust job growth and consumer spending, yet Wall Street is faltering. Investors are wary of ...
TVS Motor looking ahead with 'measured optimism': CMD Sudarshan VenuTVS Motor Company anticipates a complex yet exciting future, aiming to meet market expectations in India despite potential weather disrupti...
92% of tech executives see AI management as vital work skill by 2031: KPMGAs the corporate landscape shifts toward automated decision-making, 92 per cent of tech executives report that managing artificial intellig...
US Stocks Today | US stock opens higher after Micron revives AI optimism, upbeat economic dataWall Street’s main indexes moved higher on Thursday, led by technology stocks after upbeat forecasts from Micron and Qualcomm reignited opt...
US Stocks | Nasdaq futures surge 2% as chip outlook calms AI jitters; inflation data awaitedIndian markets are set for a positive opening as US futures surged, led by a 2.24% jump in the Nasdaq. Memory chip giants Micron and Qualco...
Buy the dip, stay invested: Matt Orton sees more upside for global marketsGlobal markets are gaining traction as geopolitical worries ease and AI companies report strong earnings. Matt Orton of Raymond James highl...
US Stock Market: AI chip rally reignites as Micron, Qualcomm forecasts add over $400 billion in market valueChip stocks surged on Wednesday, adding over $400 billion in market value, fueled by optimistic forecasts from Micron Technology and Qualco...