ARTIFICIAL SUPER INTELLIGENCE
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 28% in 1 year, according to analysts
Despite the upbeat mood in the market, remember one thing: Valuations are still not cheap. Even after everything the market has been through, prices are not at a level you could call a bargain. So this is not a signal to rush in. It is a signal to stop treating every development as a threat, and to start weighing the good against the bad with a clear head, rather than a frightened one.
Activists breach Microsoft data centre construction site as protests spread in Europe
Activist groups have announced actions in 16 countries on Friday and Saturday, according to the "Stop Dirty Data Centres" coalition, which is rallying environmental groups and digital rights campaigns behind calls to pause large-scale construction.
AI boom turns chip packaging into the next battleground for semiconductors
Billions of dollars are being invested in advanced chip packaging due to the demand for AI chips. This growing need is pushing companies to expand their production capacities significantly. Taiwan's TSMC is at the forefront of packaging technology, yet limitations have spurred alternatives.
Inflation, tariffs and a voter revolt: The midterm verdict on Trump's economy
US President Trump's policies led to rising inflation, resulting in substantial Republican losses in the midterm elections. Many voters attributed the economic challenges to Trump rather than his predecessor, Democrat Joe Biden. The electorate expressed dissatisfaction with the economy, particularly lower-income voters who felt financially worse off. Additionally, a significant number wanted the government to address healthcare costs and economic inequality.
US stock market stages big rally today: Why is Dow Jones surging? Dow jumps 1,100 points as S&P 500 and Nasdaq turn green, with healthcare stocks at the centre
US stock market today: US stocks rallied sharply on Wednesday after Democrats won control of Congress. The Dow Jones jumped 1,143 points, while the S&P 500 and Nasdaq also posted strong gains. Healthcare stocks attracted fresh buying, with Molina Healthcare, Centene and HCA Healthcare rising around 6% to 7%. Amazon and solar stocks also climbed, while Nvidia shares moved lower.
US stock futures rise after midterms: Why are Dow Jones futures up nearly 800 points despite a Democratic sweep? S&P 500, Nasdaq gain as AMD and Nvidia stocks climb
Why are US stock futures rising after Democrats win the Senate and House? Dow leads Wall Street rally as AMD, Nvidia and semiconductor stocks gain. Earlier, at 06:02 ET, Dow futures were up 801 points, or 1.6%. S&P 500 futures were up 80 points, or 1.1%, and Nasdaq 100 futures were up 286 points, or 1.0%.
Elon Musk says saving for retirement may become pointless. How AI and robots could change the future of money
Elon Musk envisions a future where breakthroughs in artificial intelligence lead to a surplus of goods and services. He suggests that, as a result, the concept of money could diminish in importance. Musk points out that saving for retirement may become obsolete as automation in production decreases costs and enhances availability, indicating that traditional retirement plans might soon be outdated.
EAM Jaishankar urges Quad to focus on freedom of choice
External Affairs Minister S Jaishankar emphasized freedom of choice and resilient supply chains during the Quad meeting. He highlighted countering non-market practices as a key priority for discussions with partner nations. The Quad aims to enhance cooperation in maritime security and counter-terrorism measures. Additionally, over USD 85 million will be extended for AI access across the Indo-Pacific region.
G20 foreign ministers end Atlanta meeting without consensus on key issue, group photo cancelled
Top diplomats from the G20 met in Atlanta, but they could not agree on important global security issues. Tensions, particularly regarding Russia's war in Ukraine, overshadowed the talks and affected the outcomes. The meeting concluded without a joint communique, only a chairman's statement summarizing their discussions. Despite the lack of consensus, efforts were made to strengthen cooperation on supply chains and mineral resources.
Musk and Zuckerberg officially adopt Trump’s “super intelligence” label for AI, other tech chiefs yet to follow
In a significant shift, tech giants Elon Musk and Mark Zuckerberg have embraced the term 'super intelligence' to describe AI, following a pivotal lunch with Donald Trump that resulted in a new safety standards agreement. Meanwhile, executives from Alphabet, Amazon, and Microsoft still favor the traditional AI nomenclature in their dialogues.
US DOJ is inquiring about Nvidia's purchase of Hugging Face
The Justice Department's recent questioning covers Nvidia's acquisitions, investments, sales practices, and whether the chip designer has exerted pressure on its customers, the two people said.
Prioritise understanding AI security threats, even before productivity: OpenAI's Sam Altman to cos
"If I could recommend only one thing to a company right now to do with AI in the very short term, even more than become super productive with Codex (OpenAI's AI coding tool), it would be to really understand the security threat landscape from AI and mitigate against that," Altman said.
Donald Trump says US to ban 'artificial intelligence' term, pushes 'super intelligence'
In a post on Truth Social, Trump questioned the continued use of the term by The Wall Street Journal and called for a shift towards the alternative terminology.
Trump wants ‘AI’ renamed ‘Super Intelligence’, plans to ban term ‘Artificial Intelligence’
Donald Trump expressed his intention to ban the term artificial intelligence in all official documents. He argued that the term is inaccurate and should be replaced with super intelligence. This declaration was made via a post on Truth Social. He questioned why certain publications do not adopt this preferred terminology. Trump's comments reflect a growing debate about the terminology used in technology discussions.
US midterm elections 2026 funding is quietly shaped by cryptocurrency donations. Check how fat checks are benefitting Donald Trump, Republicans
Cryptocurrency executives have spent on crypto-friendly candidates and crypto super political action committees, or PACs, that can raise and spend unlimited sums, contributing towards the industry's $175 million blitz this cycle, according to federal filings.
India's daily multimodal AI use to nearly double to 43% by 2030: Ericsson report
Daily use of multimodal AI in India is expected to nearly double by 2030 from current levels. The report highlights a shift towards more frequent interactions with AI across various devices and locations. As usage increases, network traffic will become more upload-heavy, leading to demands for better network performance. Agentic AI is projected to rise significantly, with many users expecting enhancements in efficiency.
BITS Pilani revamps UG curriculum to prepare students for AI era: Vice Chancellor
BITS Pilani has revamped its undergraduate curriculum to prepare students for a future dominated by artificial intelligence. This innovative approach prioritizes academic flexibility while integrating research and real-world industry applications. Students will engage in various activities that promote both physical and mental well-being, earning a total of 30 Points of Experience. The curriculum now also highlights crucial areas like AI and data science, enhancing practical learning and encouraging interdisciplinary collaborations.
Microsoft working to reduce AI costs, expand ecosystem as global adoption rises: Satya Nadella
Microsoft is prioritizing the development of a comprehensive artificial intelligence ecosystem and reducing AI-powered service costs. CEO Satya Nadella emphasizes the importance of optimizing the cost-to-outcome frontier for customers. The company reported significant revenue growth, particularly in Cloud services and Azure. Microsoft is also committed to ensuring the benefits of superintelligence impact various communities and organizations. Long-term investments are aimed at creating high-value products while improving operational efficiency.
Nvidia boss criticises 'cheap' AI doomsday warnings
At a recent conference in Berlin, Nvidia's CEO Jensen Huang confronted fears surrounding artificial intelligence that could threaten humanity. He deemed such concerns exaggerated for media sensationalism and championed a balanced, optimistic approach to AI. Huang called for global cooperation in tech development, advocating against excessive regulation that could inhibit innovation. Nvidia's commitment to investing nearly $10 billion in Europe's tech landscape aims to fast-track AI advancements further.
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