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JPMorgan CEO Jamie Dimon said that the H-1B visa fee hike came out of the blue. The Trump administration introduced a $100,000 annual fee on H-1B visa applications, effective September 21. The announcement, made last week, has sparked concerns and chaos among Indians and other foreign employees in the US. Speaking to Times of India,…
Jensen Huang, CEO of Nvidia has praised Elon Musk and his AI company, xAI’s ability to build a supercluster of up to 100,000 Nvidia H100 GPUs in Memphis, Tennessee, in just 19 days. For those unaware, the Memphis Supercluster, announced by Musk on July 22, 2024, marks a significant milestone for xAI. It is aimed…
MUMBAI: He’s been called America’s most powerful banker, a man whose words are taken seriously by markets and policymakers around the world. Jamie Dimon is more than just chairman and CEO of JP Morgan, US’s largest bank, he’s become synonymous with it as it draws closer to becoming the first in the industry with a…
TOI correspondent from Washington: At a time the Trump administration is virtually immobilizing the movement of Indian students and professionals to America under pressure from MAGA hardliners, US telecom major T-Mobile rang a different tune on Monday, elevating Srinivas Gopalan, an alumnus of IIM Ahmedabad, as its CEO. Gopalan, 55, who is currently the COO…
Elon Musk’s position on the H-1B visa programme reflects a complex interplay of personal experience, corporate imperatives, and public statements that often appear contradictory. Musk himself entered the United States on an H-1B visa, a fact he credits with enabling his entrepreneurial journey and the growth of companies such as Tesla and SpaceX. While he…
Tesla CEO Elon Musk attended Charlie Kirk’s memorial service in Arizona. The tech billionaire’s appearance is making headlines for two different reasons – his reunion with President Donald Trump and the pyramid hand gesture which has fueled discussions online. Kirk, a Trump ally and a right-wing activist was recently shot dead in a targeted attack…
The recent H-1B visa fees hike announced by US President Donald Trump created an atmosphere of chaos. The massive hike in the H-1B visa fees rattled the tech industry. Many of the tech giants including Google, Microsoft, Amazon asked the professionals on H-1B visa to return to the US by September 21. As per the…
The Donald Trump administration announced a significant fees hike for H-1B visa. As per the revised regulations the companies that are recruiting foreign professionals will now have to submit $1,00,000 payment for each H-1B application. The massive visa fess hike sent shockwaves across the technology and IT sector. After the announcement many tech giants such…
Nvidia is investing $5 billion in its struggling former takeover target and rescue Intel through a strategic chip partnership. The deal announced sees Nvidia purchasing Intel stock at $23.28 per share—a 6.5% discount—while the companies collaborate on PC and data center processors. Nvidia CEO Jensen Huang has now explained why he decided to bet on…
BlackBuck CEO Rajesh Yabaji NEW DELHI: Bengaluru-based logistics firm BlackBuck has denied speculation that it is leaving the city, after a post by its CEO triggered debate about infrastructure and corporate relocation. Rajesh Yabaji, CEO and co-founder of BlackBuck, clarified on Thursday that the company was not moving out of Bengaluru, but shifting offices within…
