INTELLIGENCE ANALYSTS
IIT Madras unveils plans to make India a global chess powerhouse
IIT Madras Centre of Excellence in Sports Science and Analytics (CESSA) unveiled plans to boost India's chess prowess using technology-driven tools, focusing on fan engagement, cheating detection, and training programs at grassroots level. The initiative, disclosed at the 'Sports Tech Start Up Conclave' in New Delhi, aims to collaborate with stakeholders in the sports ecosystem and develop platforms leveraging high-performance computing and Artificial Intelligence to support chess players. IIT Madras CESSA also intends to launch new sports courses on NPTEL and consider offering programs in AI/ML, Data Science, Sports Science, and Sports Management.
Artificial Intelligence helped to find a vast source of the copper that AI needs to thrive
KoBold is pumping $2.3 billion into its first mine and is negotiating tricky partnerships with contractors and governments alike. It is relying on the U.S. government to finance a new railway to export the copper.
These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 24%, according to analysts
For every one bull there is a half bear and that is probably enough to spoil the mood on the street. The “risk on trade” which was once again getting started probably will get hit for some time at least because of the fact that the circular by NSE on what stocks and mutual funds will be accepted as collateral or not will have short term impact on the liquidity matrix of the system. Keep an eye on liquidity and the market breadth in the next few weeks as that will determine what happens to mid-cap stocks in the medium term. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
TSMC Q2 revenue jumps on AI boost, handily beats market forecasts
Taiwan Semiconductor Manufacturing Co, whose customers include Apple and Nvidia, has benefited from the surge towards AI that has helped it weather the tapering off of pandemic-led demand and pushed TSMC's share price to a record high.
Samsung Elec union in South Korea says will strike indefinitely
The National Samsung Electronics Union (NSEU), whose roughly 30,000 members make up almost a quarter of the firm's South Korean workforce, said it has decided to continue striking because management has shown no indication of holding talks after a strike that started on Monday. "We haven't spoken to management since we started the strike on Monday," said Lee Hyun-kuk, the union's vice president.
Pagers and drones: How Hezbollah aims to counter Israel's high-tech surveillance
Hezbollah, responding to Israeli airstrikes, has adopted low-tech strategies such as landline phones, pagers, and coded messages to evade surveillance. It also employs drones to monitor and attack Israeli intelligence. The conflict, linked to Hamas' war with Israel, has led to significant casualties and displacement. Israeli strikes have killed over 330 Hezbollah fighters, while Hezbollah has lost senior commanders. The group bans cell phones on battlefields, uses a private telecom network, and relies on couriers. Despite losses, Hezbollah's drone operations and counter-surveillance tactics continue to challenge Israeli defenses.
- Go To Page 1
Investors pour $27.1 billion into AI startups, defying a downturn
Investors poured $27.1 billion into AI startups in the United States from April to June, accounting for nearly half of all U.S. startup funding in that period, according to PitchBook, which tracks startups. In total, U.S. startups raised $56 billion, up 57% from a year earlier and the highest three-month haul in two years.
AI deals lift US venture capital funding to $55 billion in Q2, data shows
U.S. venture capital funding surged to $55.6 billion in Q2, driven by AI investments. Emerging VC fund managers faced pressure as large firms like Andreessen Horowitz led fundraising efforts.
Echoes of dotcom bubble haunt AI-driven US stock market
AI enthusiasm, along with a robust economy and improved earnings, has driven the S&P 500 index to new highs this year, surging over 50% since October 2022. The Nasdaq Composite, heavily influenced by technology stocks, has soared more than 70% since the end of 2022. While several internet stocks such as Amazon survived and eventually thrived, others never recovered.
These are the three stocks which may outperform Nvidia by 2030
Analysts have predicted that the dream run of Nvidia may end by 2027 due to various technological developments. There are three other companies that may outperform Nvidia by 2030. Google, Microsoft and Apple are three leading companies that may peak by 2030. They are actively promoting their AI related products and services.
AI PC demand to pick up from 2025 once use cases emerge
The demand for AI laptops and desktops in India is projected to increase in 2025 as use-cases solidify and people integrate AI into regular workflows, according to industry experts.
India's AI spending to touch $6 billion by 2027: IDC
Indian AI adoption is projected to boost AI spending to USD 6 billion by 2027, driven by IDC's insights on Generative AI and GenAI-enabled delivery, emphasizing the importance of digital transformation for Indian service providers.
AI fever drives Nvidia's rise to world's most valuable company
Nvidia's market value soars with 1,100% share increase, fueled by AI fervor and rapid growth.
Accenture forecasts 2024 revenue growth above estimates
Accenture, a provider of IT services, forecasted annual revenue growth significantly exceeding expectations on Thursday. This optimistic outlook stems from increased adoption of artificial intelligence, which is compensating for subdued growth in enterprise spending.
Can AI answer the needs of smaller businesses? Some push to find out
Economists generally believe that the diffusion and adoption of generative AI will occur much faster, in part because information flows more quickly than it did in the past.
Farm startups bent on shaking up Cargill, ADM are stumbling
Startups in the agriculture sector, like Indigo Ag Inc., Gro Intelligence, and Farmers Edge Inc., are facing challenges as they struggle to disrupt traditional giants.
Nvidia becomes world's most valuable company
Nvidia surpassed Microsoft as the world's most valuable company, with a market cap of $3.326 trillion. It overtook Apple recently, driven by demand for its processors in AI technology.
By the numbers: How Nvidia's stock market value topped $3.3 trillion
Nvidia has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications. Revenue more than tripled in the latest quarter from the same period a year earlier.
Japan's Nikkei ends firmer as investors buy shares after sharp drop
Japan's Nikkei share average rose 1% at 38,482.11 on Tuesday, rebounding from a 1.8% drop the previous day. Tokyo Electron and TDK saw significant gains, while uncertainties about the Bank of Japan's policy path affected investor sentiment.
Japan's Nikkei trades 1% higher after sharp drop
Japan's Nikkei share average gained 1% on Tuesday, rebounding from a sharp loss. The broader Topix also rose. Uncertainties about the Bank of Japan's policy path are impacting investor sentiment.
Who is going to be Trump's vice-presidential choice; here's what he has to say
Donald Trump has announced that he has picked the vice-presidential candidate who will be his running mate in the upcoming elections in November. This announcement is expected in the upcoming Republican Party national convention in July.
Why does this Wall Street Analyst believe that Nvidia could be a $10 trillion company by 2030?
The demand for AI products and solutions is increasing and Nvidia which has maintained gold standards as far as its products are concerned, is at the right place and is estimated to grow at a rapid pace.
Apple poised to launch its late start in the AI race with ambitions to overtake the early leaders
The widely anticipated display of AI to be embedded in the iPhone and other Apple products will be the marquee moment at an event that traditionally previews the next version of software that powers the company's hardware lineup.
Affle India is this week's top stock; why analysts are bullish
The management aims for over 20% revenue growth in 2024-25 and is optimistic about better pricing and margin improvement. Analysts expect the near-term pressure from developed markets to subside in the current financial year. Should you invest in Affle India?
Samsung workers strike, the first in the company's history
Samsung workers strike over wage disputes amid Samsung Electronics' battle to regain edge in memory chip business crucial for AI systems, challenged by SK Hynix in market dominance.
Japan's Nikkei rises as chip-related shares track US peers higher
Japan's Nikkei share average rose 0.55% to close at 38,703.51, led by Tokyo Electron and chip-related stocks, but gains were limited ahead of global central bank meetings.
Japan's Nikkei jumps as chip-related shares track US peers higher
Japan's Nikkei share average rose over 1% on Thursday, led by Tokyo Electron and other chip-related stocks tracking U.S. peers higher.
US intelligence agencies' embrace of generative AI is at once wary and urgent
A Silicon Valley firm used generative AI in the Sable Spear operation to analyze Chinese fentanyl trafficking data, surpassing human analysis. It predicted Russia's invasion of Ukraine and alerted government customers to North Korean missile launches. U.S. intelligence agencies are exploring AI for geospatial intel and assessing AI missions.
Nvidia's profit soars, underscoring its dominance in chips for artificial intelligence
Nvidia's profit soared, driven by AI dominance and CEO Jensen Huang's vision of 'AI factories' creating artificial intelligence. The company reported a sevenfold increase in net income and a 10-for-1 stock split, with shares rising 6% in after-hours trading.
Load More
