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IT services stocks have crashed; industry says investors don’t understand enterprise complexityJust days after Vinod Khosla and Citrini Research predicted doom for IT services, the industry they expect to die met in Mumbai for the annual two-day Nasscom Technology & Leadership Forum. Halls were packed as always. You had to literally squeeze through crowds of…
When OpenAI’s CFO Sarah Friar used the word “backstop” while talking about AI funding, the internet panicked. People thought she meant a government bailout like the 2008 financial crisis. In reality, she was just referring to long-term support for big infrastructure projects.But the reaction showed one thing: most people have no idea what it actually…
