Category: Business
Michael Saylor’s Strategy Is Trapped by Its Own Broken Bitcoin Math
Strategy, the bitcoin-hoarding company led by Chairman Michael Saylor, is caught in a math trap of its own making. Under Michael Saylor, Strategy devised the…
Should the government own a piece of AI companies?
To understand the real friction inside India’s AI ambitions today, you only need to look at two numbers. Prime Minister Narendra Modi during the inauguration…
Global investors looking for shelter amid AI storm turn to India
After losing out big on the global AI rally, Indian equities are regaining the attention of investors seeking to weather the latest market turbulence. With…
Small stocks are having their biggest run in decades
Small companies are punching above their weight on Wall Street. A trader at the New York Stock Exchange. The Russell 2000, which tracks shares of…
Industry experts defend E20 petrol amid engine damage claims; say fuel safe for older vehicles: ‘Years of testing’
Industry experts and leading automobile manufacturers on Saturday sought to allay concerns over the use of ethanol-blended petrol, asserting that the E20 fuel, with 20%…
AI Data Centers Use Far More Water Than Most Tech Giants Report
Microsoft, Google and Amazon are among the tech companies spending an estimated $1 trillion on AI infrastructure this year and last. In some regions, they…
AI Split Asia Into Winners and Losers. The Balance Looks Unsustainable.
Asian stock markets were locked in a tug of war in the first half of the year, caught between Middle East tensions and the artificial-intelligence…
Weak US job data, oil price, interest rates: Why are gold, silver prices rising?
Gold prices advanced for a third consecutive day despite an ease in Indian demand following a modest pick-up earlier in the week. The development comes…
Innovation exists everywhere, opportunity does not: UN pushes for AI governance
Even as the conversation towards regulation of artificial intelligence (AI) gathers pace, the United Nations believes a global dialogue is crucial, building on the momentum…
HCLTech signs massive $1.14 billion deal with Europe-based Fortune Global 50 firm to develop AI model
Indian tech firm HCLTech has signed a major deal with a Europe-based Fortune Global 50 firm to establish an artificial intelligence model for the latter….