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Top executives from some of America’s largest oil companies warned officials in US President Donald Trump’s administration that the energy crisis sparked by the war with Iran might worsen, according to a report by The Wall Street Journal. Citing people familiar with the matter, the report said that chief executives of Exxon, Chevron and ConocoPhillips…
The competitive landscape in AI hardware shifted dramatically recently when it was reported that Facebook parent Meta is considering using Google-designed AI chips. This report also wiped away hundreds of billions from Nvidia’s market value because Meta is currently one of Nvidia’s most significant chip customers. The report specifically stated that Meta could begin renting…
Looks like one of Hollywood’s most famous love triangles might be headed for a comeback, only this time, it’s on screen. Word is, producers are tossing around the idea of turning the long-whispered feud between Jennifer Aniston and Angelina Jolie into a miniseries or a movie. And, of course, Brad Pitt sits right at the…
Former RBI governor Shaktikanta Das (File photo) MUMBAI: Former RBI governor Shaktikanta Das said that in the next decade, the Indian economy will be determining the shape of global growth.“The coming decade will not be one where India simply participates in global growth, but one where India shapes it,” he said, framing macroeconomic stability and…
“A revenge is coming. A revenge is coming soon. They will see what they have done,” an Iranian state news channel declared after Supreme Leader Ayatollah Ali Khamenei was killed in joint US-Israel airstrikes.During a live broadcast on Khamenei, PressTV anchor Maryam Azarchehr broke down on air as she announced the news.“Today, those mourning him…
Anthropic CEO Dario Amodei (Image source: Wikipedia) The world may be on the brink of a major disruption caused by artificial intelligence, according to Dario Amodei, the chief executive officer of Anthropic, a leading AI company. In a recent interview, Amodei described the rapid evolution of AI systems as an “AI tsunami” that is approaching…
A massive $500 billion AI data center project, Stargate, announced with fanfare at the White House, has stalled. Internal disagreements between partners OpenAI and SoftBank, coupled with funding challenges, have halted construction and leadership development. This setback has significantly impacted Oracle’s stock and OpenAI’s compute capacity targets, highlighting the difficulties of large-scale infrastructure development. On…
US President Donald Trump reiterated his claim that Americans could receive a $2,000 payment funded through tariff revenues and the move might not even require congressional approval. Addressing reporters, Trump said strong tariff collections had created sufficient room to consider direct payments to Americans while also helping to reduce the national debt. Responding to whether…
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…
Benchmark indices Sensex and Nifty ended the week lower, each falling more than 1%, dragged down by a sharp selloff in IT stocks that weighed on investor sentiment amid growing concerns over potential AI-driven disruptions. Stronger-than-expected US jobs data for January also reduced hopes of an interest rate cut by the Federal Reserve.According to The…
