INVESTMENT IN GENERATIVE AI
Indian market faces AI narrative problem; it'll be smallcaps over largecaps for next 5 years: Manish Gunwani
Indian stock market valuations are attractive. However, global investor focus on Artificial Intelligence is diverting capital away from emerging markets like India. Foreign institutional investor flows are expected to remain subdued unless the AI theme slows or India implements significant structural reforms. Bandhan AMC is investing in manufacturing exporters and metals. The IT sector faces a long-term slowdown.
Morgan Stanley sees agentic AI widening chip spending beyond graphics processors to CPUs
Morgan Stanley predicts that as AI evolves towards autonomous action, demand will shift towards CPUs and memory, reshaping data center buildouts. This transition is expected to drive significant growth in the data center CPU market, expanding AI investment beyond GPUs to a wider range of chipmakers and memory suppliers.
What really persuades B2B buyers to buy? SaaS CMO Circle offers some vital clues
At the SaaS CMO Circle, leading marketing thinkers from Adobe and LinkedIn shared new insights into how today’s tech buyers feel about B2B purchase decisions, and how marketers can respond.
Google in talks with Marvell to build new AI chips: The Information
Alphabet's Google is reportedly in discussions with Marvell Technology to co-develop two new chips designed for more efficient AI model execution. One chip will be a memory processing unit to complement Google's TPUs, while the other is a new TPU specifically engineered for AI workloads.
Canva is leaning on India and Brazil to drive up AI adoption
Canva is transitioning to an AI-native platform, powered by its own foundational models, with India emerging as a key market for its design software and AI adoption. The company is heavily investing in localising content and strengthening its ecosystem, aiming to tap into the next generation of users ahead of a potential Nasdaq listing.
Don’t trust the hype: Why earnings quality matters more than broker calls in today’s volatile market
In volatile markets driven by liquidity, geopolitics and AI disruption, earnings quality is becoming more critical than brokerage recommendations. The article highlights structural biases in analyst calls and outlines key red flags investors should track, emphasising independent analysis and cash-backed earnings over headline profit numbers.
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Meta layoffs: 16,000 jobs on the line as Mark Zuckerberg plans major cuts in looming workforce shake-up
Meta is set to cut 16,000 jobs soon. The first phase begins May 20, affecting 8,000 workers. This major restructuring follows the company's strong push into Artificial Intelligence. Mark Zuckerberg's firm is reshaping its workforce for a more automated future. Other companies like Disney and Oracle are also undertaking significant layoffs.
Nvidia rival Cerebras discloses US IPO filing as AI boom drives listings
Cerebras Systems revealed its filing for a US initial public offering on Friday, bringing the Nvidia rival closer to the public markets as it seeks to tap into growing optimism around a broad revival in the listings market.
AMD UALink strategy: Can AMD disrupt AI data center dominance as open interconnect challenges NVIDIA NVLink ecosystem control?
AMD UALink Standard is driving a major shift in AI infrastructure right now. Advanced Micro Devices is leading this open interconnect push as AI cluster demand surges globally. AMD stock has jumped over 166% in one year, showing strong market confidence. This standard improves speed, reduces latency, and supports multi-vendor AI systems. It helps data centers scale faster with better efficiency. As cloud and enterprise AI grow rapidly, AMD UALink Standard is becoming critical for building flexible, high-performance AI clusters.
Andreessen Horowitz partner Bryan Kim departs to launch new AI-focused fund
Bryan Kim, who joined the Silicon Valley venture capital firm in November 2020, focused on consumer technology and AI applications. During his tenure at a16z, Kim led and participated in several early-stage investments, often at the seed and Series A levels.
Iconiq, go-to wealth adviser for tech’s elite, is putting billions into AI
Iconiq is expanding aggressively into venture capital, investing billions in AI startups like Anthropic. Leveraging elite global networks, it connects founders with powerful investors, achieving strong returns while navigating risks, conflicts of interest, and growing ambitions in tech.
Anthropic’s Claude Opus 4.7: The AI is so powerful it’s spooking web design tools
Anthropic's rumored Claude Opus 4.7 is poised to revolutionize web design by generating websites and prototypes from simple text prompts. This potential shift has already impacted design-focused stocks like Figma and Adobe, as investors anticipate AI-driven automation in the creative space. The new model could democratize design, allowing non-technical users to build digital products with ease.
Canva unveils new platform, transitions to ‘AI platform with design tools’ from ‘design platform with AI tools’
Design giant Canva unveiled its AI-native platform, Canva 2.0, powered by its own models. This shift transforms it into an AI platform with design tools, aiming for the next generation of users. The company also introduced a new AI Pass for enhanced AI capabilities.
AI-armed founders disrupting venture capitalism?
Indian venture capitalists hold billions, but the traditional funding model faces disruption. Founders now build and scale businesses with less capital due to AI and lower costs. This shift reduces founder dependence on venture capital. The industry's future hinges on its ability to adapt to this evolving landscape.
India eyes US-led Pax Silica seed fund
India is keen on getting access to the US State Department's new $250 million Pax Silica seed fund designed to secure global supply chains for artificial intelligence, semiconductors and critical minerals, people in the know said. This was discussed among steps to operationalise the multilateral initiative during foreign secretary Vikram Misri's three-day visit to Washington DC last week, they said.
Fintechs leverage AI to boost creditworthiness and reduce rejections
Fintech startups are leveraging AI to help borrowers improve their creditworthiness and reduce loan application rejections. Companies like BankSathi, GoodScore, and Credgenics are offering AI-led advisory services, addressing a significant demand, especially from smaller cities. While AI automates much of the process, manual intervention remains crucial for resolving defaults with lenders.
Industrial AI startup Intellithink raises Rs 17 crore in round led by Pentathlon Ventures
Anicut Capital and Veltis Capital participated in the round. The Bengaluru-based industrial AI startup serves over 50 enterprises, including Jindal Steel, Jindal Stainless, JSW Steel, ArcelorMittal Nippon Steel, Adani, Ultratech, Dalmia, Ducab, and L&T, and is expanding in international markets. The fresh funds will primarily be used to expand its footprint across India and the GCC.
Our investors ignored, disrespected us: Udemy cofounder opens up about sale to Coursera
Airing his frustration over the startup’s sale to rival Coursera, Gagan Biyani said in a social media post that 15 years of investor-led decisions led to the sale of the company at its 2021 IPO valuation of under $3 billion. Post Udemy's Series B fundraise, when founders’ holdings in the company fell to less than 30%, the investors brought in one "dud CEO" after another — seven during the course of the company's lifetime, he said.
US Stocks: Snap to cut 1,000 jobs after activist pressure, bets on AI efficiency; shares up 5%
Snap will lay off about 1,000 employees, including 16% of full-time staff, the company said on Wednesday, becoming the latest tech firm to shift toward leaner teams as it ramps up AI adoption to streamline operations.
Quote of the day by David Tepper: "I am the animal at the head of the pack. I either get eaten, or I get the good grass."
David Tepper's 'animal at the head of the pack' philosophy highlights the survival-driven mindset needed in finance. It emphasises bold, opportunistic bets during market stress, focusing on contrarian thinking, risk acceptance, and decisive action to seize opportunities rather than succumbing to fear.
CG Power arm Axiro, MPower invest in Japanese AI chipmaker EdgeCortix
Axiro Semiconductor and MPower Partners have made a significant leap by investing in EdgeCortix, a trailblazing firm from Japan dedicated to advancing energy-efficient AI technology. This funding is set to expedite EdgeCortix’s innovations in next-gen platforms tailored for Generative and Agentic AI applications.
Moving up the value chain proves costly as tech majors and GCCs slash jobs
Global layoffs are intensifying across large tech firms and global capability centres in India, as companies like Oracle, Cisco, Amazon and Meta trim headcounts amid AI-driven strategies. Having moved from offshore support to core global roles, Indian workers are now more exposed to strategic restructuring and AI-led workforce changes.
Oracle stock surges 5% - what's driving the bullish sentiment? Key points for investors
Oracle stock is rising fast because of its strong push into AI and cloud business. New AI tools, big data center plans, and support from major companies are boosting investor confidence. The company is growing well, but high debt and big spending remain risks. Traders are watching closely as the stock shows strong upward momentum in the market.
'Stop hiring humans'? Silicon Valley confronts AI job panic
AI experts at HumanX conference advise workers to code smarter and embrace human skills. Companies are increasingly citing AI for job cuts, sparking anxiety. While some dismiss AI as a pretext for layoffs, others foresee widespread disruption. Experts highlight critical thinking and judgment as key human differentiators. Concerns arise about a generation lacking fundamental writing skills.
AI’s shadow over modern battlefields: Why India must prepare
Warfare is rapidly changing with artificial intelligence. AI is now a key part of military decisions and operations. For India, this means developing its own AI technology is crucial for national security. India must also help shape global rules for AI in warfare. Protecting information from AI-driven disinformation is also vital. Preparedness is key for India's future.
Chinese startup ShengShu raises $293 million to advance artificial general intelligence
Founded in early 2023 by Tsinghua University alum Zhu Jun, ShengShu became the first Chinese company to release a video generation model when it launched Vidu in April 2024. The model was positioned as a competitor to OpenAI's Sora, which the US company later discontinued.
Amazon CEO reveals AI revenue, dismisses spending doubts in annual letter
Amazon's cloud division has reached a remarkable milestone, raking in more than $15 billion each year from its AI offerings. This impressive figure highlights the success of Amazon's heavy investments in technology. Additionally, the company's custom chip sector is thriving, boasting annual revenues exceeding $20 billion. With plans to market these chips externally, Amazon is poised for further expansion.
OpenAI pauses UK data centre project over regulation, costs
OpenAI, the creator of ChatGPT, has halted its major data centre project in Britain. Unfavourable regulations and high energy costs are cited as reasons. This decision impacts the UK government's goal to become a global AI hub. OpenAI plans to resume the project when conditions improve for sustained investment.
From OpenAI to Nvidia, tech firms channel billions into AI infrastructure as demand booms
Tech giants are making massive investments in artificial intelligence. CoreWeave and Meta have expanded their cloud capacity agreement to $21 billion. OpenAI is securing significant funding and partnerships with Amazon, Disney, Broadcom, AMD, Nvidia, and Oracle. Meta is also forging deals with AMD, Manus, CoreWeave, Oracle, and Google. Nvidia is investing heavily in Anthropic and acquiring Groq's assets.
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