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Geoffrey Hinton, widely known as the “godfather of AI”, has delivered one of his starkest warnings yet, arguing that the world’s most powerful tech billionaires are pushing artificial intelligence forward at a pace that could destabilise economies, erase millions of jobs and unleash forces humanity may not be able to control. Speaking in a public…
Bypoll brings little cheer for major parties NEW DELHI: The MCD bypoll results on Wednesday were a mixed bag for two major parties in the city, with BJP and AAP losing key strongholds and several contests being decided by razor-thin margins, some by as little as 148 votes.The bypoll to the 12 wards of Municipal…
Malaysian authorities are stepping up their crackdown on illegal Bitcoin mining after uncovering nearly 14,000 illicit sites over the past five years and reporting about $1.1 billion in power-theft losses for state utility Tenaga Nasional (TNB).With cases rising sharply, including around 3,000 power-theft incidents linked to mining recorded by early October, the government last month…
OpenAI’s partners are shouldering nearly $100 billion in debt linked to the AI firm, with SoftBank, Oracle, and CoreWeave borrowing heavily. This strategy leverages others’ balance sheets, as OpenAI itself holds minimal debt. Oracle faces the largest exposure, with its stock value significantly impacted by these arrangements. OpenAI‘s data center partners are accumulating nearly $100…
File photo (Picture credit: AP) Asian equities slumped on Friday as renewed fears around overstretched tech valuations and ambiguous US jobs data pulled investors sharply away from risk assets. The downturn came despite Nvidia’s blockbuster earnings earlier in the week, which had briefly revived confidence in the strength of the AI sector.According to news agency…
The US stock market held steady on Wednesday as traders looked ahead to two key updates expected to shape Wall Street. Dow climbed 35 points or 0.08% to reach 46,127. Nasdaq also rose 182 points to 22,615 at 8:20 PM IST. S&P 500 also followed the suit, trading at 6,650, up 33 points or 0.5%.Lowe’s…
Gold and silver prices declined sharply on Tuesday, marking the third straight session of losses as diminishing expectations of a US Federal Reserve rate cut in December weighed on investor sentiment. On the Multi Commodity Exchange (MCX), December gold futures slipped Rs 1,807, or 1.47 per cent, to Rs 1,21,120 per 10 grams, while the…
Carlos Prates and Leon Edwards. Image via: MMA Fighting Carlos Prates walked into UFC 322 with confidence, but he left Madison Square Garden with a career-changing knockout over former welterweight champion Leon Edwards. The Brazilian striker delivered the kind of finish that shifts the balance of a division, handing Edwards the first knockout loss of…
Tejashwi Yadav and Anant Singh (R) NEW DELHI: Many surprising wins and losses marked Friday’s results as Bihar finalised its mandate, delivering a sweeping victory to the NDA and extending its nearly two-decade-long dominance under chief minister Nitish Kumar, who has switched alliances several times over the years very conveniently.What was expected to be a…
NEW DELHI: Singapore Airlines (SIA) has seen its profit for the first half this year fall 68 per cent “notably” due to losses of Air India and some other factors. Owned 25.1 per cent by SIA and the rest by Tata Group, Air India group had lost Rs 9,568.4 crore in FY 2025. SIA said…
