Nvidia teams with Wall Street to fund $500 billion AI infrastructure

Nvidia teams with Wall Street to fund $500 billion AI infrastructure

SAN FRANCISCO, California: Nvidia has teamed up with six major Wall Street firms to launch financing platforms to raise more than US$500...

Microsoft eyes September launch for Maia 300 AI chip

Microsoft eyes September launch for Maia 300 AI chip

REDMOND, Washington: Microsoft is preparing to unveil its next-generation Maia 300 artificial intelligence chip as early as September,...

Intel targets $15 billion stock sale after rally

Intel targets $15 billion stock sale after rally

SANTA CLARA, California: Intel plans to raise US$15 billion through a share sale to help finance the expansion of its contract chip...

Zuckerberg pushes open AI as Meta launches new model

Zuckerberg pushes open AI as Meta launches new model

MENLO PARK, California: Meta Platforms unveiled a new open-weight artificial intelligence model on Monday as Chief Executive Mark Zuckerberg...

Nasdaq Composite slips 95 points in subdued start to week

Nasdaq Composite slips 95 points in subdued start to week

NEW YORK, New York - Uncertainty over President Donald Trump's ability to close a deal with Iran on the opening of the Strait of Hormuz...

Berkshire climbs as Abel deploys cash, earnings beat views

Berkshire climbs as Abel deploys cash, earnings beat views

OMAHA, Nebraska: Berkshire Hathaway shares climbed on Monday to their highest level since Warren Buffett announced he would step down...

Nvidia plans up to $3 billion stake in Lancium: report

Nvidia plans up to $3 billion stake in Lancium: report

SANTA CLARA, California: Nvidia plans to invest up to $3 billion in power infrastructure developer Lancium, the company behind the...

Apple enables Alibaba's Qwen AI on Macs in China

Apple enables Alibaba's Qwen AI on Macs in China

BEIJING, China: Apple has published a guide showing how eligible Mac users in mainland China can connect Alibaba's Qwen artificial...

Greg Abel puts Berkshire cash to work in first big quarter

Greg Abel puts Berkshire cash to work in first big quarter

OMAHA, Nebraska: Berkshire Hathaway's cash pile shrank during the second quarter after new Chief Executive Greg Abel deployed billions...

Alibaba eyes revenue-sharing model for next open AI release

Alibaba eyes revenue-sharing model for next open AI release

HANGZHOU, China: Alibaba plans to require major commercial users of the next version of its open-source Qwen AI model to share a portion...

Airbnb hits four-year high after lifting revenue outlook

Airbnb hits four-year high after lifting revenue outlook

SAN FRANCISCO, California: Airbnb shares climbed 14% to their highest level in more than four years on August 7 after the vacation-rental...

US payrolls unexpectedly fall, easing Fed hike expectations

US payrolls unexpectedly fall, easing Fed hike expectations

WASHINGTON D.C.: The U.S. labor market unexpectedly weakened in July as employers cut jobs and payroll figures for the previous two...

EA closes $55 billion sale led by Saudi fund, Silver Lake

EA closes $55 billion sale led by Saudi fund, Silver Lake

REDWOOD CITY, California: Video game publisher Electronic Arts has completed its US$55 billion sale to a consortium led by Saudi Arabia's...

Alphabet plans up to $25 billion debt raise for AI expansion

Alphabet plans up to $25 billion debt raise for AI expansion

MOUNTAIN VIEW, California: Alphabet is seeking to raise between US$20 billion and $25 billion through a U.S. bond offering, according...

Mexican jalapeños led to outbreak of Salmonella in 27 US states

Mexican jalapeños led to outbreak of Salmonella in 27 US states

ATLANTA, Georgia: U.S. health authorities are looking into a Salmonella outbreak linked to jalapeño peppers imported from Mexico, which...

Apollo seals $7.7 billion easyJet takeover as bid battle ends

Apollo seals $7.7 billion easyJet takeover as bid battle ends

LONDON, U.K.: Apollo Global has agreed to acquire European budget airline easyJet in a deal valuing the company at about £5.7 billion...

Zoox begins paid driverless taxi service in Las Vegas

Zoox begins paid driverless taxi service in Las Vegas

SAN FRANCISCO, California: Amazon's Zoox will begin charging passengers for driverless robotaxi rides in Las Vegas next week, marking...

Samsung, SK Hynix evaluate Chinese chipmaking equipment

Samsung, SK Hynix evaluate Chinese chipmaking equipment

SEOUL/SHANGHAI: Samsung Electronics and SK Hynix have been evaluating chipmaking equipment from China's Advanced Micro-Fabrication...

Tech surge powers Nasdaq higher as Wall Street closes week on upbeat note

 Tech surge powers Nasdaq higher as Wall Street closes week on upbeat note

NEW YORK, New York - U.S. stock markets closed firmly in positive territory on Friday, capping a resilient week for equities as investors...

Anthropic builds custom AI chip team amid hardware shortages

Anthropic builds custom AI chip team amid hardware shortages

SAN FRANCISCO, California: Anthropic said on August 5 that it is building an in-house team to design custom chips for its Claude artificial...

JPMorgan's Dimon pushes cross-industry AI safety effort

JPMorgan's Dimon pushes cross-industry AI safety effort

NEW YORK CITY, New York: JPMorgan Chase CEO Jamie Dimon is leading a new effort to bring together major U.S. companies to address risks...

Dangote eyes Africa's biggest IPO for oil refinery

Dangote eyes Africa's biggest IPO for oil refinery

NAIROBI/ABUJA: Nigeria's Dangote oil refinery is preparing what could become Africa's biggest stock market listing, aiming to raise...

EU has no idea who will pay for 90 bn Ukraine loan MEP

EU has no idea who will pay for 90 bn Ukraine loan  MEP

Member states approved the interest-free scheme earlier this year to prop up Kiev in 2026 and 2027 The EU is pumping €90 billion...

US State Department finds 73 of 139 governments meet fiscal transparency requirements in 2026 report

US State Department finds 73 of 139 governments meet fiscal transparency requirements in 2026 report

Washington, DC [US], August 12 (ANI): The US Department of State on Tuesday (local time) released the 2026 Fiscal Transparency Report,...

SBI Research sees Q1 FY27 GDP growth at 8%, points to broad-based momentum

SBI Research sees Q1 FY27 GDP growth at 8%, points to broad-based momentum

New Delhi [India], August 11 (ANI): SBI Research expects India's real GDP growth to rise to 8 per cent in the first quarter of financial...

GHV Infra Projects Reports Strong Q1FY27 Performance; EBITDA Records 235.93% YoY Growth

GHV Infra Projects Reports Strong Q1FY27 Performance; EBITDA Records 235.93% YoY Growth

PNN Mumbai (Maharashtra) [India], August 11: GHV Infra Projects Limited (BSE: 505504), a growing infrastructure development and EPC...

Bhudevi Infra Projects Gains Attention After Sharp Q4 FY26 Earnings Recovery; Sustainability Remains Key

Bhudevi Infra Projects Gains Attention After Sharp Q4 FY26 Earnings Recovery; Sustainability Remains Key

VMPL New Delhi [India], August 11: What drives a small-cap entity to suddenly capture institutional and algorithmic attention with...

AI to reshape banking, governance must evolve to curb cyber risk: BCG's Hardik Shah

AI to reshape banking, governance must evolve to curb cyber risk: BCG's Hardik Shah

New Delhi [India], August 11 (ANI): Artificial intelligence is set to reshape India's banking sector over the next decade, but banks,...

Is the EUs African migrant hubs plan dead on arrival

Is the EUs African migrant hubs plan dead on arrival

Brussels largest political faction wants to ship illegal immigrants to Africa, but the EUs own laws could get in the way The leader...

AvenuesAI Q1 PAT rises 45 percent; Company positions Rediff, US Payments and AI as next growth engines

AvenuesAI Q1 PAT rises 45 percent; Company positions Rediff, US Payments and AI as next growth engines

New Delhi [India], August 11 (ANI): GIFT City-based fintech company, AvenuesAI Limited, reported a strong start to FY27, with consolidated...

Blue Cloud Softech Solutions Signs USD 150 Million Deal with SpaceX International for AI, Cybersecurity and Data Centre Solutions

Blue Cloud Softech Solutions Signs USD 150 Million Deal with SpaceX International for AI, Cybersecurity and Data Centre Solutions

PNN New Delhi [India], August 11: Blue Cloud Softech Solutions Limited (BSE: 539607) ('BCSSL' or the 'Company') today announced that...

India, Israel discuss development partnership, new avenues of cooperation

India, Israel discuss development partnership, new avenues of cooperation

Tel Aviv [Israel], August 11 (ANI): India's Ambassador to Israel, J P Singh, met Eynat Shlein, Head of MASHAV, Israel's Agency for...

Samsung's AI windfall and cash surge raise special dividend expectations

Samsung's AI windfall and cash surge raise special dividend expectations

Seoul [South Korea], August 11 (ANI): Samsung Electronics' surging AI memory profits and growing cash reserves have raised expectations...

Sensex ends 388 points lower, Nifty falls 112 points amid crude oil surge

Sensex ends 388 points lower, Nifty falls 112 points amid crude oil surge

Mumbai (Maharashtra) [India], August 11 (ANI): Indian equity markets closed lower on Tuesday, with the Sensex declining 388.19 points,...

Fitch retains India's 'BBB-' rating, sees resilient 6.4% growth despite energy supply constraints

Fitch retains India's 'BBB-' rating, sees resilient 6.4% growth despite energy supply constraints

New Delhi [India], August 11 (ANI): India's economic growth is expected to remain resilient despite near-term headwinds from the energy...

RBI curbs on NBFC flexi credit may push lenders towards bullet loans, raise costs: Kotak

RBI curbs on NBFC flexi credit may push lenders towards bullet loans, raise costs: Kotak

New Delhi [India], August 11 (ANI): The Reserve Bank of India's (RBI) proposed restrictions on revolving credit facilities offered...

RBI Governor warns careless AI use could create new forms of financial exclusion, instability

RBI Governor warns careless AI use could create new forms of financial exclusion, instability

Mumbai (Maharashtra) [India], August 11 (ANI): Artificial intelligence (AI), if deployed carelessly in the financial sector, could...

SIP inflows hit four-month high at Rs 31,961 crore in July, despite market volatility: AMFi Data

SIP inflows hit four-month high at Rs 31,961 crore in July, despite market volatility: AMFi Data

New Delhi [India], August 11 (ANI): Retail investors continued to demonstrate confidence in mutual funds in July 2026, with systematic...

Flywings Simulator Training Centre Ltd Receives LOI from Airports Authority of India for Flying Training Organisation at Dholera Airport

Flywings Simulator Training Centre Ltd Receives LOI from Airports Authority of India for Flying Training Organisation at Dholera Airport

PNN Gurugram (Haryana) [India], August 11: Flywings Simulator Training Centre Limited (NSE SYMBOL: FWSTC), an aviation training and...

Tampa looking to rework funding plan for Rays' proposed $2.3B stadium

Tampa looking to rework funding plan for Rays' proposed $2.3B stadium

(Photo credit: Nathan Ray Seebeck-Imagn Images) The Rays' plans to build a long-awaited ballpark in Tampa, Fla., have hit a stumbling...

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Mexican jalapeños led to outbreak of Salmonella in 27 US states
Mexican jalapeños led to outbreak of Salmonella in 27 US states

ATLANTA, Georgia: U.S. health authorities are looking into a Salmonella outbreak linked to jalapeño peppers imported from Mexico, which...


At NFL media day, CBS mum on Tony Romo decision timeline
At NFL media day, CBS mum on Tony Romo decision timeline

(Photo credit: Kirby Lee-Imagn Images) CBS Sports president David Berson expressed concern about the brand's image but did not offer...


Steelers QB Aaron Rodgers willing, not eager, to play vs. Packers, Jordan Love
Steelers QB Aaron Rodgers willing, not eager, to play vs. Packers, Jordan Love

(Photo credit: Barry Reeger-Imagn Images) Steelers quarterback Aaron Rodgers is willing but nowhere near eager to play in Thursday's...


CBS to host NFL media day without Tony Romo
CBS to host NFL media day without Tony Romo

(Photo credit: Kirby Lee-Imagn Images) With the future of Tony Romo unsettled at CBS, the network will hold its NFL Media Day on...


Jackson Merrill, Padres strive to keep surging in clash vs. Brewers
Jackson Merrill, Padres strive to keep surging in clash vs. Brewers

(Photo credit: Denis Poroy-Imagn Images) San Diego Padres manager Craig Stammen was talking about the response of pitcher Casey Mize...


Red-hot Rays eager to continue winning ways vs. A's
Red-hot Rays eager to continue winning ways vs. A's

(Photo credit: Cary Edmondson-Imagn Images) The Tampa Bay Rays are the hottest team in the majors and stand just two victories away...


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