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Experts feel that the Nvidia turmoil and potential Democratic-led limits on data-center construction could redirect AI investment towards other chipmakers and Big Tech firms with available computing capacity. Does long-term growth outlook remain strong?
Read the original story ↗The Singapore-based cloud computing company has faced heightened scrutiny since reports linked Nvidia's Jensen Huang to former Megaspeed executive Alice Huang.
Read the original story ↗Nvidia is searching for a permanent CEO after Jensen Huang stepped down amid allegations, with CFO Colette Kress serving as interim chief. More than 132,000 people have petitioned for Huang’s return. Google Cloud CEO Thomas Kurian is among the candidates discussed.
Read the original story ↗Shares in AI ‘picks and shovels’ companies hit hard by tech sell-off
Read the original story ↗Four nonprofit advocacy groups want a California court to stop major AI developers from building stronger models, alleging their technology could cause catastrophic harm worldwide.
Read the original story ↗ETF experts say Nvidia’s leadership turmoil and Democratic control of Congress could shift AI demand to the benefit of other Big Tech stocks, rival chipmakers.
Read the original story ↗Project Meridian FX APAC said it demonstrated how transactions can be coordinated across conventional settlement systems and those built using blockchain technology.
Read the original story ↗OpenAI’s new wallet lets AI agents buy products using ordinary cards, challenging crypto payment tools from Coinbase and Circle as companies compete to control everyday online shopping by autonomous software.
Read the original story ↗Disruptions to the company’s email, messaging and other products lasted about 36 hours, hampering companies and services around the world.
Read the original story ↗President Trump and U.S. tech executives are expected to gather for a major summit in Shenzhen next week. On the agenda: a stalled trade war, expanding export controls, and suspected spy games.
Read the original story ↗Several names have emerged as possible contenders, including Nvidia's Chief Financial Officer Colette Kress, data centre head Ian Buck and leaders from rival semiconductor companies such as Arm and AMD.
Read the original story ↗Robin Zeng Yuqun, chairman of the Chinese battery giant Contemporary Amperex Technology Ltd (CATL), has maintained an upbeat image in recent weeks, telling a conference last month that battery storage was becoming “an indispensable new infrastructure for the power system”. But analysts are less optimistic about the industry’s near-term outlook, with some cal…
Read the original story ↗Efforts to address the underlying problem with Outlook, Teams and Copilot are complete, the tech firm says.
Read the original story ↗Rekha Jhunjhunwala portfolio stock VA Tech Wabag said Saudi Water Authority cancelled its approximately ₹2,400 crore Yanbu desalination project for internal reasons.
Read the original story ↗The German stock market has a lot going for it right now, with lower oil prices and a broadening rally from software to chemicals and consumer stocks powering the country’s shares.
Read the original story ↗Anthropic PBC is gearing up for its initial public offering, setting ambitious price targets to capture investor interest. The firm aspires to achieve record fundraising that could eclipse SpaceX's previous achievements. High-profile tech investors back Anthropic's private financing, indicating strong market confidence. Its traditional IPO pricing strategy,…
Read the original story ↗Bitcoin liquidation events exceeding $500 million have become common, reflecting significant market volatility. Recent trading sessions have seen large losses, including a $1.3 billion liquidation. Factors affecting the market include high oil prices and potential Federal Reserve rate hikes. Additionally, investors seem to be favoring artificial intelligence…
Read the original story ↗According to Goldman Sachs, the S&P 500 index may reach 8,700 points within the next year, despite a decline in tech shares after the midterm elections in the US. They foresee a notable deceleration in global earnings growth by 2027, mainly in the US. Nevertheless, Goldman remains optimistic about equity valuations, indicating good returns are possible, and…
Read the original story ↗A group of nonprofits has filed a lawsuit against OpenAI, Anthropic, and other tech companies. They seek to prevent further development of advanced AI models citing potential harm to humanity. Company leaders have raised concerns about the dangers associated with artificial intelligence technologies. The lawsuit relies on California's laws regarding unfair b…
Read the original story ↗The pet-care and snacking giant is expanding manufacturing and investing in technology capabilities as it looks to tap India's growing consumer markets and build a global operating hub.
Read the original story ↗The proposed curbs may hurt India’s ambitious plan to build a domestic solar manufacturing ecosystem, including the projected 100 gigawatts of capacity for wafers, ingots and polysilicon by the end of this decade
Read the original story ↗Contracts that sell power to a 4% slice of the world’s bitcoin mining at $44 a megawatt-hour expire on Dec. 31, 2027. Paraguay’s state utility calls the date final, and it has just signed a 15-year deal to power a Founders Fund-backed AI campus.
Read the original story ↗A prolonged outage left many without email and other services, the most recent reminder that the world’s technological underpinnings rely on just a few companies.
Read the original story ↗The report comes with Wall Street on edge over high-flying AI hyperscalers, while communities are on alert for the rapid spread of data centers.
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