Latest News, Updates & Breaking Headlines
Berkshire Hathaway has unveiled a new multibillion-dollar investment in Alphabet while continuing to scale back its long-running position in Apple, marking the final update of its portfolio before Warren Buffett steps down after 60 years as the chief executive. In a filing submitted to the US Securities and Exchange Commission on Friday, the company reported…
Google has announced a $40 billion investment in Texas through 2027, marking one of its largest US infrastructure commitments to date. The funds, the company said will go toward building new cloud and AI infrastructure, including new data center campuses in Armstrong County and Haskell County. Google CEO shared an online post, announcing the investment….
AI image used for representative purposes India has urged Russia to expedite the approval of domestic establishments and registration of marine and pharmaceutical products to further strengthen bilateral trade ties.During his visit to Moscow, Commerce Secretary Rajesh Agrawal highlighted opportunities for expanding trade and proposed measures to improve market access, the commerce ministry said in…
Artificial intelligence firm Anthropic on Wednesday unveiled an ambitious $50 billion plan to build a new network of data centres in collaboration with UK-based Fluidstack, signalling its intent to expand rapidly as global demand for AI infrastructure surges, AFP reported.The facilities — to be built initially in Texas and New York –will form the foundation…
China has accused the US government of conducting a 2020 cyberattack that resulted in the theft of more than $13 billion worth of Bitcoin. According to a report published over the weekend by China’s National Computer Virus Emergency Response Center (CVERC), Washington was behind the December 2020 hack that stole 127,272 Bitcoin from LuBian, one…
Japan’s SoftBank Group Corp has sold its stake in US chipmaker Nvidia for $5.8 billion, signalling a strategic pivot toward artificial intelligence investments, particularly in OpenAI, the company said on Tuesday, AP reported. The tech conglomerate also reported that its profit nearly tripled in the first half of the current fiscal year, driven by strong…
US-based private equity firm General Atlantic (GA) is close to acquiring a 7% stake in Balaji Wafers for about Rs 2,500 crore (approximately $282 million), valuing the Gujarat-headquartered snack maker at nearly Rs 35,000 crore (around $4 billion). Two people familiar with the matter confirmed that the deal is in its final stages.As per ET,…
Donald Trump has warned the BBC that it must retract and apologise for what the US president calls “false, defamatory, disparaging, and inflammatory statements” in a Panorama documentary about his Jan 6 speech, or face a 1$ billion lawsuit. His legal team has given the broadcaster until Friday to respond, according to Fox News. The…
Tesla CEO Elon Musk has shown support to Noam Shahzeer, Google employee who recently drew attention for his remarks on gender and identity. According to a report by The Information, Shahzeer was asked about how Google employees could support their transgender and non-binary colleagues in an internal discussion forum. Shahzeer reportedly responded saying “I do…
India’s foreign exchange reserves dropped by $5.623 billion in the week ending October 31, reaching $689.733 billion, according to the Reserve Bank of India’s latest figures. The fall was driven by declines in both foreign currency assets and gold holdings.Foreign currency assets, the largest portion of the reserves, fell by $1.957 billion to $564.591 billion….
