Chipmaking giant Nvidia Corporation’s shareholders expect that the keynote speech from their Chief Executive Officer (CEO), Jensen Huang, will deliver enough optimism to fuel the stock’s recent rebound, reported the news agency Bloomberg on Sunday, March 23. Also Read | Nvidia CEO Jensen Huang apologizes for his quantum effect Nvidia hosted its GPU Technology Conference…
The Great DeepSeek Panic of January 2025 is officially over. First, Big Tech shrugged it off, defying fears that the Chinese breakthrough on artificial-intelligence (AI) efficiency would provoke a pullback in Silicon Valley’s spending plans. And now Nvidia has just about turned around its record-breaking losses from that fateful Monday three weeks ago when it…
DeepSeek’s moment of global glory is a double-edged sword, and it couldn’t have come at a more geopolitically fraught time. The upstart grabbed global attention with its latest models, shocking Silicon Valley and investors with their capabilities and efficiency. But for a Chinese AI company with overseas ambitions, doing the technically impossible may be the…
It is welcome that India is gearing up to take on the challenge of artificial intelligence (AI). This technology is vital not just in its generative avatar, which has caught the public imagination ever since ChatGPT’s 2022 debut, but also in multifarious forms that will fundamentally alter our notion of productivity. Economies that deploy AI…
On 21 January, US President Donald Trump appeared with OpenAI’s Sam Altman, Oracle’s Larry Ellison and Softbank’s Masayoshi Son to announce a $500 billion artificial intelligence (AI) project. “This monumental undertaking is a resounding declaration of confidence in America’s potential under a new president,” Trump declared. Not to be outdone, Son said this amounted to…
Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open higher on Wednesday following a rally in global equities. Asian markets gained, while the US stock market ended higher overnight amid a rebound rally led by technology stocks. The US Federal Reserve will announce its first monetary policy…
Asian markets traded lower on Tuesday following overnight losses on Wall Street amid sell-off in technology stocks. Concerns over the emergence of a low-cost Chinese generative AI model DeepSeek fuelled selling in tech stocks globally. Japan’s Nikkei 225 declined 0.67% while the Topix dropped 0.36%. Hong Kong’s Hang Seng index futures indicated a higher opening….
