Latest News, Updates & Breaking Headlines
OpenAI is now back on track to raise more than $100 billion in a record-breaking funding round, but it previously announced $100 billion partnership with Nvidia has been scaled back. As reported by Financial Times, Nvidia is now preparing a $30 billion equity investment in OpenAI. Last year, both Nvidia and OpenAI revealed their plan…
Several factors led to the sudden crash in the prices of the precious metals. (AI image) Precious metal prices are expected to remain volatile and witness further consolidation in the coming week as investors track key US economic indicators, including inflation data, GDP readings and signals from the Federal Reserve, analysts said.Traders are also likely…
Macroeconomic data, global geopolitical developments and rising concerns over AI-related disruptions are likely to dictate stock market sentiment in the coming week, analysts said, even as investors remain cautious amid persistent volatility.Trading activity of foreign investors and movements in the domestic currency are also expected to influence market direction. Focus on US data, fed outlook…
Google-parent Alphabet, Microsoft, Meta and Amazon are collectively expected to invest nearly $700 billion into capital expenditure in 2026. As reported by CNBC, this three-digit number has unsettled the analysts and investors. The spending surge represents an increase of 60% from the previous year (2025). This large investment underscores the sale of the AI arms…
Oracle is defending its substantial AI partnership with OpenAI amidst reports of potential job cuts to fund infrastructure. Despite a stalled Nvidia deal, Oracle remains confident in OpenAI’s funding capabilities. However, the company’s massive debt and market cap decline raise investor concerns about its ambitious AI spending plans. Oracle has publicly defended its partnership with…
Apple’s AI progress has been significantly hampered, with a prominent analyst identifying John Giannandrea’s 2018 hiring as a major misstep. Once a leader in voice assistants, Siri reportedly declined under his watch, leading to internal turmoil and a talent drain. Now, Apple is reportedly paying Google $1 billion annually for AI technology, a stark admission…
Goldman Sachs analysts have predicted that AI could automate a quarter of all work hours. This will lead to significant job displacement but will stop short of a complete employment crisis. According to a Fortune report, Goldman Sachs analysts Joseph Briggs and Sarah Dong cited Department of Labour job numbers to claim that AI could…
Rupee might be headed in for a volatile ride this week! The currency has remained under pressure for the past year, weakening by nearly 5%, even hitting a record low of 91.14 against the dollar, before recovering. Over the past two weeks, rupee has declined continuously dragged down by strong year-end demand, slipping below the…
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump’s idea of taking control of Venezuela’s oil industry and inviting US companies to rebuild it after the capture of President Nicolás Maduro is unlikely to move global oil prices in the near term, analysts say.As per news agency AP, Venezuela’s oil sector…
Gold and silver prices are expected to remain highly volatile in the coming week as investors react to key US economic data and rising geopolitical tensions following the capture of Venezuelan President Nicolas Maduro by US forces, analysts said.Market participants will closely track a series of important US indicators, including ISM Manufacturing data, December ADP…
