CLOUD INTELLIGENCE GROUP
India ranked an 'AI Rising Contender' by BCG, built on talent rather than compute
India has been identified as a Rising Contender in artificial intelligence by Boston Consulting Group's latest report. The country benefits from a large pool of skilled AI professionals, bolstered by returning talent from abroad. The government has implemented training programs to upskill millions of citizens and broaden access to AI knowledge.
Since 2023, over 3,000 volunteers have searched satellite images for clouds; their answers are helping scientists check what computers miss
Thousands of volunteers are analyzing satellite images to assist in accurate cloud classification and detection. The CloudCatcher project aims to enhance the understanding of cloud patterns and their effects on climate. Human input provides valuable data to refine the capabilities of automated systems used in cloud detection. This collaboration showcases the growing trend of involving the public in environmental research efforts.
Nvidia CEO Jensen Huang and Alice Huang affair: Timeline of suspected Chinese spy scandal
The reports of Nvidia CEO Jensen Huang’s alleged involvement in a spy scandal have sent shockwaves through the tech world. President Donald Trump defends Huang as an ‘honorable guy’, whereas Nvidia’s board of directors has confirmed an independent investigation into the Jensen Huang-Alice Huang case to understand whether Huang was under the radar of Chinese spy operations. Here’s an entire timeline of how this spy drama unfolded.
Japan's Nikkei rises for third straight session as AI optimism returns; SoftBank falls 3%
Japan's Nikkei 225 rose 0.80% for a third consecutive session as renewed optimism around artificial intelligence stocks lifted sentiment. Strong semiconductor demand and improving manufacturer confidence supported gains. However, SoftBank shares fell 3% after the technology investment giant reported a second-quarter net loss of 1.1 trillion yen.
Nvidia faces deepening scrutiny over China chip ties, CEO affair
The market value of Nvidia has plummeted following troubling accusations against CEO Jensen Huang, linked to his association with Alice Huang, who faces espionage allegations. The FBI is currently investigating whether foreign intelligence agencies have targeted Huang due to this connection. In response, Nvidia's board has begun an internal review to mitigate potential threats, highlighting vital concerns about the company's security measures and governance structure.
Who is Alice Huang, the Chinese businesswoman linked to Nvidia CEO Jensen Huang?
Alice Huang, a finance professional, has transitioned to the AI chip industry with Megaspeed International. The company is under investigation for its links to advanced Nvidia chip exports to China. Reports suggest Alice Huang may have acted as an intelligence asset, raising concerns about potential national security breaches. Nvidia's board has initiated an investigation into its CEO's involvement with her.
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Are the Magnificent Seven stocks still worth betting on? Apple, Nvidia, Tesla and 4 other giants control 33.7% of the S&P 500, but which ones are actually rewarding investors in 2026?
The Magnificent Seven have become so large that their performance can move the entire US stock market. Together, Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta and Tesla accounted for 33.7% of the S&P 500 in November 2026. Their combined market value was reported at $23.6 trillion. Some have delivered strong gains this year, while others have fallen behind the index.
The Jensen and Alice story: What happened in the 2024-26 secret affair of the NVIDIA CEO and a 'Chinese spy'
Nvidia's CEO Jensen Huang and Alice Huang have been linked amid growing espionage allegations. Alice has reportedly been sharing information with China while working with Nvidia on data centers. This situation has led to investigations involving the US government's scrutiny of her connections. Additionally, Megaspeed International faces allegations of assisting Chinese clients in accessing restricted Nvidia hardware.
Microsoft presses Trump to scuttle expected ban on Chinese data center technology: Report
Microsoft is lobbying against a proposed ban on Chinese optical transceivers essential for artificial intelligence data centers. The Trump administration's decision could significantly impact the speed of data center development in the US. Industry groups have expressed concerns about potential supply chain disruptions and competitive disadvantages. The Federal Communications Commission is currently deliberating on the implications of this ban.
Microsoft presses President Trump to scuttle expected ban on Chinese data centre technology
Reuters reported in August that the Trump administration wants to ban US imports of new models of Chinese optical transceivers, which allow data to travel over fiber-optic cables at the speed of light within data centers. The concern is that they could be used by Beijing to steal data, install malware or disrupt service at US data centers.
Jensen Huang's price of secret affair: NVIDIA CEO loses $7.4 billion in 30 minutes, drops 2 spots in top 10 richest list
Nvidia CEO Jensen Huang lost an estimated $7.4 billion in net worth, and slipped two spots to number 10 on Forbes' billionaire rankings, all in a span of 30 minutes. The AI-chips revolutionary admitted Monday to having an affair with a Singapore-based executive alleged to be a Chinese spy. Nvidia has done business with the firm, and a probe into the repationship is underway in the United States.
Who is Alice Huang, the Chinese businesswoman tied to Nvidia's CEO?
Known also as Huang Le, the Chinese businesswoman held senior roles at a Shanghai investment firm before becoming the controlling shareholder of Singapore-based cloud-computing company Megaspeed International, according to more than 30 publicly available financial records, corporate filings and company materials reviewed by Reuters.
A secret affair, whiskey dates and a China spy probe: Inside Nvidia chief Jensen Huang's association with Alice Huang
Nvidia CEO Jensen Huang is facing scrutiny over an alleged secret affair with Chinese businesswoman Alice Huang, whom US intelligence suspects of working for Beijing. Photographs of their meetings in Taipei have drawn attention to a classified US assessment, while her association with a Singapore-based AI computing firm adds a national security dimension.
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.
Internship stipends rise at top B-schools as recruiters step up hiring
Recruiters are focusing on summer internships for hiring, offering higher stipends for the 2026-28 batch. Top business schools like IIM Calcutta and IIM Lucknow report increased median stipends and recruitment participation. IIM Kozhikode has noted an improvement in pre-placement offers and conversions from internships. New recruiters have joined the hiring process, diversifying opportunities for students.
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.
AI gains fail to cool rising staff costs at Indian IT services firms
Although artificial intelligence (AI) and automation are changing the traditional labour-intensive model of IT services, they have yet to bring down employee costs for the country’s top six IT services companies—Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTM (formerly LTIMindtree).
Nasdaq tumbles over 3% as tech stocks extend selloff after Democrats sweep midterms; Tesla plunges 9%, chipmakers slide
US stocks faced a sharp decline on Thursday, particularly in technology shares, amid concerns over regulatory scrutiny. The Nasdaq Composite fell over 3%, reversing optimism following the Democrats' midterm election victories. Key companies including Nvidia, Advanced Micro Devices, and Tesla were among the hardest hit. Investors expressed worries about the implications of stronger Democratic control on the artificial intelligence industry.
Amagi, Shiprocket post profits; US polls’ impact on IT
Amagi’s Q2 profit surged nearly 30x while Shiprocket swung into the black for the first time. This and more in today’s ETtech Top 5.
Texas and Georgia host the AI data-centre boom and both swung blue; AI cloud stocks fell and solar jumped up to 10% as the fight over who pays for power begins
Data centre stocks fall after Democrats win Congress, but solar shares jump 10% as US election results shake up energy outlook. Texas and Georgia are two important locations for the industry. Both elected Democratic candidates in the midterm elections. Democrats also made gains in traditionally Republican areas, including Kansas.
China's 'Lipstick King' touts AI tokens in first for Singles' Day festival
The launch is the first time AI token packages have been offered as a significant consumer product category during Singles' Day, the world's largest shopping festival originally held on November 11 each year.
From SBI to Binance, how financial institutions are becoming cyberattack targets
Recent incidents involving cryptocurrency exchange Binance and Indian public sector lender State Bank of India (SBI) have once again put the spotlight on the issue. While Binance reported a security breach involving unauthorised cryptocurrency withdrawals estimated at around $6.3 billion, SBI is investigating a suspected data leak involving nearly 3,900 customer records.
Adani Group to seek $1.5 billion for data center financing
Adani Group, led by Gautam Adani, is negotiating a $1.5 billion loan to finance its data center expansion. The joint venture AdaniConneX with EdgeConneX is involved in discussions with various lenders. Plans include investing around $100 billion in digital infrastructure by 2035, enhancing their energy business. Meanwhile, Reliance conglomerate is also investing significantly in artificial intelligence infrastructure.
Explained: Why AI giants Google, Amazon, Intel shares crashed up to 23% in a single day
Shares of Alphabet, Amazon and Intel plunged on Thursday as investors fretted over rising AI spending, weakening cash flows and a subdued outlook. Alphabet shares fell over 13% after its Q3 results missed Wall Street estimates, with slowing search advertising growth and higher AI investments weighing on sentiment.
AI’s 3-week blitz digs up 14,000 security flaws in open-source software
Google Cloud’s Mandiant team reported a similar acceleration in vulnerability discovery. In August, it said that its AI-assisted system had identified more than 100 confirmed critical vulnerabilities in two days during an investigation involving stolen corporate code repositories.
Microsoft beats expectations fueled by Azure cloud business
Microsoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. The Azure cloud services experienced a remarkable growth of 48%, driven by an increasing demand for AI technologies. In a strategic move, the company has offered voluntary buyouts to 60,000 employees while continuing to innovate hardware aimed at enhancing AI capabilities.
Microsoft beats expectations fueled by Azure cloud business
Microsoft shares popped more than five percent Wednesday afternoon after it reported better than expected revenue and profit, fueled by its Azure cloud computing division which grew by 48 percent in the September quarter. However, Google on Wednesday reported that revenue from its cloud division doubled to $30.7 billion during the quarter, bringing it closer to Microsoft's Azure revenue, which reached $33.2 billion in the same period.
Jio Platforms shares to be available under MTF from Day 1. What should investors know?
Jio Platforms made its D-Street debut, listing at a 21% premium over the issue price. Shares of Jio Platforms will be available under the Margin Trading Facility (MTF) from day one. The stock commands a grey market premium of Rs 246-247 over its IPO price of Rs 1,119. The issue was subscribed 22.19 times, while analysts see long-term growth potential in Jio’s telecom leadership and expanding digital businesses.
India among Oracle NetSuite's highest-priority markets, says Asia head Amit Suxena
Speaking to PTI on the sidelines of Oracle AI World, Amit Suxena, group vice president and head of Asia at Oracle NetSuite, an AI-native business management platform, said momentum among Indian businesses had been growing over the last four to five years.
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