AI MEMORY TECHNOLOGIES

Nvidia still 'the one' for AI? BNP Paribas raises target to $345, sees up to 47% upside

BNP Paribas has retained its Outperform rating on Nvidia and raised its target price to $345 from $285, implying 47% upside. The brokerage sees Nvidia’s full-stack AI platform, including GPUs, networking and software, helping it navigate the shift towards increasingly complex inference workloads and sustain its market leadership.

The only billionaires making money this year are in tech

The roughly 100 technology fortunes among the world’s 500 richest people gained a combined $845 billion through Sept. 30, the most ever for the first nine months of a year, according to the Bloomberg Billionaires Index.

Global Market: Japan’s Nikkei jumps 2.5% to 3-month high as AI stocks rally

Japan’s Nikkei surged 2.53% to a three-month high, led by AI and chip stocks following Wall Street gains. Advantest and Tokyo Electron rallied, while SoftBank also advanced. Easing expectations for a Federal Reserve rate hike supported sentiment, though investors remained selective amid a more cautious outlook for the AI-led rally.

Trump has just fired the starting gun on a new Cold War with China

The US-China AI race is increasingly taking on the character of a Cold War-style strategic contest, with artificial intelligence becoming linked to economic power, military capability, national security and technological leadership.

Global equity funds draw $34.76 billion, log second straight week of inflows

Global equity funds attracted $34.76 billion in the week through September 30, marking a second straight week of inflows as optimism around AI investment and softer US inflation pushed up investor demand for stocks despite rising bond. US, European and Asian equity funds all saw inflows, while emerging-market equity funds posted outflows for a fourth consecutive week.

In 2017, Google researchers published “Attention Is All You Need”; they were solving translation, but accidentally laid the foundation for today’s AI age

Google Translate once struggled with long sentences because its software processed language one word at a time. This sequential reading approach created severe computational bottlenecks, slowing down translation and causing models to lose context by the time they reached the end of a paragraph. Computer scientists solved this limitation by abandoning step-by-step reading entirely. Their Transformer architecture analyzed full blocks of text simultaneously using self-attention.

Global markets rattled as bond yields surge, offsetting AI-stock optimism

Global bond market volatility led to declines in stock indexes, with the S&P 500 on track for consistent losses. Oil prices rose, contributing to persistent inflation, while economic reports indicated US resilience despite challenges. The 10-year Treasury yield hovered near a 2002 high, raising concerns for real-estate stocks. Technology stocks demonstrated some strength, aided by Micron Technology’s better-than-expected quarterly profit.

Volantis raises $88 million for tech to connect AI, memory chips

The fundamental limit for AI chips from both Nvidia and rivals like Advanced Micro Devices is how well the computing parts of a chip can talk to the memory chips where an AI model lives and feeds data to the computing chip. Nvidia and AMD solve the problem by encircling their computing chips with expensive high-bandwidth memory chips.

Google launches AI model Gemini 4 Argon: Here’s how it stacks up against GPT-6 Astra and Claude Fable 5.1

Google has unveiled Gemini 4 Argon, an advanced AI model tailored for coding and cybersecurity tasks. The model is currently available to select partners through the Fairwind Program for enhanced security measures. It has reportedly outperformed competitors in various benchmarks while demonstrating significant improvements in memory efficiency. Google intends to make Argon accessible at a competitive price point starting at $2 per million tokens.

ISRO scientist used to wake up at 5 am to memorise Vedas: Meet Kerala’s Govind Krishnan, who left regular school after Class 4, studied at a gurukula, cracked JEE Advanced & joined IIST

Govind Krishnan from Kerala left conventional school at 10 to study the Vedas at a gurukula in Thrissur. He later returned to regular schooling, cleared JEE, studied electronics and communication at IIST and was selected to join ISRO. His unusual journey reflects how he balanced traditional Vedic education with modern science and technology.

Global Market: Japan’s Nikkei hits six-week high as chip stocks rally on AI optimism

Japan's Nikkei share average soared to a six-week peak, buoyed by chip sector stocks after favorable earnings guidance from Micron Technology. The Nikkei 225 surged 2.28%, while the broader Topix remained relatively stable. Nevertheless, various stocks within the Nikkei faced downturns, particularly in finance. Analysts are wary about the durability of AI stock gains amid Micron's forecasts, with monetary policy talks suggesting possible interest rate hikes, creating market uncertainty.

Micron earnings: AI chip demand drives fresh memory boom

Huawei unveils Mate 90 phones, leans on homegrown chip design to offset US curbs

Huawei has showcased its Mate 90 smartphone series, enhancing performance with new chip technology and HarmonyOS 7. The latest models feature Huawei's Kirin 9050 Pro chip, utilizing an innovative LogicFolding architecture. As smartphone prices rise in China, Huawei has adjusted its pricing strategy to stay competitive in the market. While Apple's new foldable phone enters the market, Huawei maintains a dominant share in foldable phones.

IndiaAI Mission likely to rewire after GPU glitch

The IndiaAI Mission currently has access to about 30,000 GPUs against a total commitment of 45,000. Several firms that had committed capacity have been unable to deliver due to market pressures. The IT ministry is now planning to issue fresh bids while also pressing companies to meet their pledges.

Jensen Huang cleaned bathrooms at 9; in 2006, he launched CUDA as Nvidia’s valuation plunged. 18 years later, it helped make GPUs central to AI

Jensen Huang's journey started at a boarding school in Kentucky, where he worked as a janitor. After his parents joined him, they faced financial struggles, which shaped Huang's future. He later worked at Denny's, where he conceived the idea for Nvidia. Despite initial challenges, Nvidia introduced CUDA, which became crucial for AI development.

Dodging SaaSocalypse: AI’s enterprise moment could belong to IT services

ITC Infotech's merger with Happiest Minds highlights the trend of mid-market consolidation in response to AI advancements. The global IT market faces challenges, requiring companies to adopt AI-centric capabilities for survival. Enterprises are burdened with legacy systems, which present both challenges and opportunities for funding technological transformations. Companies will need to adapt to the evolving landscape by integrating AI into existing frameworks effectively.

US stocks: US market rises as cooler inflation data ease October Fed hike bets

U.S. stocks surged higher as inflation reports came in softer than analysts predicted, easing worries about potential interest rate hikes. The Commerce Department revealed a 3.4% increase in the Personal Consumption Expenditures price index year-over-year. Major players like Apple and Alphabet enjoyed price rises, contributing to a notable boost in the Nasdaq Composite.

Netlist seeks US import ban on Micron chips used in Google, Nvidia AI computing

The company asked the tribunal to bar imports of Micron dynamic random access memory (DRAM) devices and Google, Nvidia and Broadcom graphics processing units, servers and other products that incorporate Micron's infringing technology.

Oracle share price: ORCL stock jumps at NYSE, what is making it one of top turnover stocks in Software & IT Services sector

Oracle stock: Oracle's move to protect itself against potential delays at a massive data center project developed by Blue Owl in New Mexico sent a chill through the trillion-dollar market for AI infrastructure financing.

Why are the Dow Jones, S&P 500 and Nasdaq falling today? The reasons behind the selloff from tech stocks to gold, silver and Bitcoin

US Stock Market Today: U.S. stock markets slipped on Monday morning as a sharp rise in crude prices and surging Treasury yields unsettled investors following last week’s broad rally. The Dow Jones Industrial Average dropped 379.73 points, or 0.73%, to 51,448.89. The S&P 500 sank 0.94% to 7,670.67, while the tech-heavy Nasdaq Composite dropped 1.22% to 26,737.84. Energy marked the sole S&P 500 sector trading in positive territory, benefiting directly from a fresh spike in global fuel costs.

SiMa AI raises $150 million in funding to advance physical AI technology and robotics

The round was co-led by Fidelity Management & Research Company and Amplify, with participation from Alter Venture Partners, Dell Technologies Capital and StepStone Group, founder and chief executive Krishna Rangasayee told ET. AllianceBernstein, Baron Capital and JPMorgan joined the round as new investors.

AI and automation: Are humans making their own brains redundant?

As technology continues to advance, many people find themselves leaning heavily on gadgets to handle tasks that were once second nature, such as remembering phone numbers or addresses. This dependence raises alarms about potential declines in cognitive abilities and interpersonal communication. If these trends persist, the risk of losing critical and creative thinking skills looms large, emphasizing the need for balance in our technological engagement.

Chip startup Mythic AI enters India, eyes data centre, robotics opportunities

Founded in 2012 and headquartered in Austin and Palo Alto, the company is developing analogue compute-in-memory technology for energy-efficient AI inference. Currently, it has close to 20 people in India and plans to take the team to more than 60 by the end of the first quarter of 2027, Ozcelik told ET in a conversation.