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Nvidia CEO Jensen Huang has criticised “doomer narratives” around artificial intelligence, arguing that science-fiction style fears distort public understanding and regulation. Nvidia CEO Jensen Huang has forcefully rejected suggestions that the latest $2 billion investment made by the company in cloud provider CoreWeave is part of a trend of ‘circular financing’ between AI chipmakers and…
KVS Manian, MD & CEO, Federal Bank MUMBAI: Federal Bank chief KVS Manian said that the recently-announced capital raise from private equity investor Blackstone will give the lender flexibility to consider acquisitions to support growth, after the board approved a preferential issue of warrants to the US asset manager on Oct 24 in Kochi.The bank…
NEW DELHI: The defence ministry on Thursday gave the preliminary nod to a slew of military modernization projects, ranging from amphibious warfare ships and armed swarm drones to Russian S-400 air defence missiles and indigenous Nag anti-tank missile systems, collectively worth around Rs 79,000 crore ($9 billion).The biggest project to get the “acceptance of necessity”…
