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None of this is an argument against equity. It is an argument against do-it-yourself equity picking for most savers. (AI image) S hould you invest in stocks directly at all? For most people, the real question isn’t “which share to buy” but “should I be buying shares at all?” Let’s start with a familiar face.Meet…
Amazon on Monday announced a $50-billion investment to expand artificial intelligence and supercomputing capacity for the US government, positioning itself as a central player in developing customised AI technology for federal missions.In a statement, the company said the initiative will give US agencies access to advanced machine-learning services, AI chips and software-development tools supporting areas…
Your first SIP is important. Just make sure it doesn’t come before your first four foundations. (AI image) Most investing problems don’t start with the funds you pick; they start with the life problems you ignore.People ask, “Which is the best mutual fund for SIP?” Far fewer ask, “Is my life ready for investing?” As…
First priority: be invested. Fine-tuning can come later. (AI image) If you’ve been “about to start” investing for the last few years, this one is for you.The script is familiar. “Markets are at an all-time high. I’ll wait for a correction. Correction comes. “Things look unstable. I’ll wait for clarity.” Markets recover. “Now I’ve missed…
Satya Nadella, CEO, Microsoft Microsoft has taken another step away from ChatGPT-maker OpenAI. The software giant has announced that it has entered into a multibillion-dollar cloud infrastructure partnership with artificial intelligence startup Anthropic and chipmaker Nvidia, a move that underscores the software giant’s growing independence from its longtime ally OpenAI. Anthropic — maker of the…
MUMBAI: Federal Card Services (FCS), a Miami-based producer of premium payment cards, has pledged $250 million to build a manufacturing, technology, and services facility in Pune, which it will turn into a central node in its global network. The investment is expected to generate more than 1,000 jobs. A 32,000-sq-ft plant is set to begin…
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…
NEW DELHI: American automaker Ford is returning to India, but this time to manufacture engines and not cars. The company on Friday said it will invest Rs 3,250 crore to produce new generation engines at its Chennai plant.The automaker, which exited the Indian market in 2021, said it has signed a memorandum of understanding with…
Kalyani Priyadarshan expressed gratitude as Lokah: Chapter 1 – Chandra, produced by Dulquer Salmaan and directed by Dominic Arun, became the first Malayalam film to cross ₹300 crore globally. She recalled her emotional connection with the haunting track “Paranje” and said the film’s success will encourage greater investment in Malayalam and female-led cinema. Kalyani Priyadarshan…
Life Insurance Corporation (LIC) of India NEW DELHI: Days after Washington Post reported that the Centre had asked LIC to invest in Adani Group companies, the state-run player has said that it did not receive any instructions from the govt for investing in any entity of the conglomerate. “LIC categorically clarifies that the documents mentioned…
