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‘Understand the truth’: AI videos with PM Modi, FM Sitharaman, RBI governor offering ‘investment advice’ go viral; PIB fact checks

NEW DELHI: As AI-generated videos “featuring” Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman, External Affairs Minister S Jaishankar and RBI Governor Shaktikanta Das circulate online claiming to offer investment advice, the government on Friday issued a clarification through PIB Fact Check stating that the clips are fake and digitally altered.According to PIB, the videos…

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TCS-TPG joint data venture: $2 billion investment planned for HyperVault AI Data Centres; Tata Group targets AI leadership

Tata Consultancy Services (TCS), India’s largest software exporter, is set to launch a multi-billion dollar joint venture with private equity firm TPG to create AI and sovereign data centres, sources close to the matter said. The move marks a strategic shift for TCS, which has historically favoured a capex-light, organic growth model, as it aims…

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Nvidia sends reminder to investors on $100 billion OpenAI investment, says: There’s a big difference between…

Nvidia recently reminded investors about its potential $100 billion investment in OpenAI. In its latest quarterly financial report, the chipmaking giant highlighted the difference between an announcement and a signed contract to its investors. In the risk factors section of its filing (seen by CNBC), Nvidia wrote: “There is no assurance that we will enter…

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Google CEO Sundar Pichai shares $40 billion investment for the city Google calls ‘home’, Elon Musk says: But still …

Google CEO Sundar Pichai recently announced a sweeping investment of $40 billion in Texas through 2027. With this latest investment the company aims to expand its cloud and artificial intelligence infrastructure. Pichai described this initiative as strengthening the city Google calls “home,” includes new data centers in Armstrong and Haskell Counties and promises to reshape…

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AI investment: Samsung unveils $310 bn expansion; new chip plant and data centres anchor push

Samsung has announced a sweeping $310-billion investment plan over five years, aimed largely at expanding semiconductor and AI-enabling infrastructure as the global artificial intelligence boom drives unprecedented demand. The package, unveiled on Sunday, strengthens South Korea’s position as one of the world’s leading chip and AI hubs and builds on the country’s broader strategy to…

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Elon Musk calls Google’s $40 billion Texas investment ‘mind-blowing’, CEO Sundar Pichai responds: ‘Between abundant sand, plenty of sun and space..’

Google has announced a significant investment in its US infrastructure, pledging $40 billion toward expansion in Texas through 2027. This represents one of the company’s largest US infrastructure initiatives to date. Google CEO Sundar Pichai confirmed the investment in an online post which has drawn praise from rival tech billionaire Elon Musk, who called the…

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‘We’ve proudly called Texas home for 15 years’, says Google CEO Sundar Pichai announcing $40 billion investment in Texas

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….

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Another AI boost for Andhra! Ambani’s Reliance announces 1 GW data centre; soon after Google’s investment

Andhra Pradesh is set to see another major AI boost, months after Google announced its AI data centre investment. This time, Reliance Industries has announced setting up a 1 GW AI-focused data centre in the south Indian state. The upcoming Reliance facility will be built as a modular unit equipped with graphic processing units, tensor…

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Pakistan’s manufacturing sector slump: Private investment plunges 46%; experts warn of long-term industrial decay

Representative image (Picture credit: ANI) Pakistan’s manufacturing industry, once considered a key driver of economic growth and employment, is undergoing one of its worst downturns in recent history. The sector has seen a steep 46 per cent fall in private investment over the past six years, raising fears of long-term stagnation among economists and industrial…

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