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The landscape of artificial intelligence (AI) infrastructure experienced a seismic shift in recent months. Nvidia, which is being seen as the ‘undisputed king’ of the AI hardware boom (specifically Graphic Processing Units, or GPUs), saw billions erased from its market value after a report claimed that Meta, the parent company of Facebook, Instagram and WhatsApp,…
Google founders Sergey Brin and Larry Page have now shifted an entity tied to them out of California, beating the deadline on a proposed wealth tax targeting the state’s richest residents. As reported by Business Insider, the fillings revealed that T-Rex LLC, formed in 2006 and long managed from Palo Alto is converted into a…
While Nvidia and other US tech giants saw significant gains in 2025, Kioxia Holdings of Tokyo emerged as the world’s best-performing stock. The memory chip maker’s shares surged 540%, driven by the AI boom’s insatiable demand for NAND flash memory to store massive datasets, outperforming all others in the MSCI World Index. Nvidia dominated a…
Tech billionaires Peter Thiel and Larry Page are reportedly planning to leave California due to a proposed 5% wealth tax on billionaires. The measure, if passed and applied retroactively, could cost them billions. This potential exodus highlights a growing tension between wealthy individuals and state tax policies, with some warning of an “exodus of talent.”…
SAN FRANCISCO: India is no longer a decade behind Silicon Valley in building with artificial intelligence, Elevation Capital’s AI partner Krishna Mehra said, arguing that founders in Bengaluru and other Indian hubs are now closer to the global frontier and should aim to build category-leading companies rather than “number two or three” players.“In the SaaS…
Databricks CEO Ali Ghodsi warns of an AI bubble, highlighting companies with billions in valuation but no revenue. He criticizes circular financing deals inflating valuations and predicts worsening market conditions. Ghodsi remains optimistic about AI agents, noting their significant use in database creation on Databricks, but sees revenue potential in applications, not commoditized foundation models….
In an ongoing debate among leading AI firms, Google’s DeepMind insists on the necessity of scaling models to reach human-like intelligence. Meanwhile, Meta’s Yann LeCun counters that this method has reached a dead end. With enormous financial investments at play and the quest for artificial general intelligence intensifying, Microsoft aims to pursue a measured compromise….
Nearly two years after OpenAI’s dramatic boardroom upheaval, new details have emerged about the brief ousting of CEO Sam Altman — a corporate saga that stunned Silicon Valley and reshaped the future of the world’s most influential AI company. According to a newly released deposition from OpenAI co-founder and former chief scientist Ilya Sutskever, the…
From left, Adarsh Hiremath, Brendan Foody, and Surya Midha (Image credit: NYT News Service) TOI correspondent from Washington: In a stunning testament to the boom in Artificial Intelligence (AI), three 22-year-old high school friends from Silicon Valley, including two Indian-Americans, have become the world’s youngest self-made billionaires.Brendan Foody, Adarsh Hiremath, and Surya Midha, co-founders of…
FILE – American flags are displayed with Chinese flags. (AP Photo/Andy Wong, File) Female spies have been part of wars since ages. There are many told and untold stories of female spies dating back World Wars, and becoming more prominent during Russia-US cold war of sixties and seventies. The Cold War era saw female spies…
