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Environmental groups embrace AI, even as they warn of data center impacts
Environmental organisations are increasingly leveraging artificial intelligence to enhance conservation efforts and analyze ecological data. Many express concerns about the environmental impact caused by data centers that support AI technologies. The energy and water consumption of these centers is projected to double by 2030, raising emissions concerns.
Donald Trump assassination attempt? Venezuelan man living illegally in US arrested with guns near White House, said voices in his head told him to kill the President
Ronny Yordrix Guanipa Chrinos was arrested near the White House after being found with firearms and ammunition. During questioning, he indicated that voices in his head urged him to kill President Donald Trump. Chrinos, who entered the US illegally in 2024, had been living in a stolen vehicle for some time. He now faces multiple charges, including unlawful possession of firearms and unauthorized vehicle use.
Google loses nearly half a trillion in market value: What went wrong with Alphabet?
Alphabet lost $482 billion in market value after its shares plunged nearly 13% following disappointing third-quarter results. Despite 103% growth in Google Cloud and more than 1 billion Gemini users, weaker search revenue and negative free cash flow raised fresh concerns about AI spending and Google’s advertising business.
Google hands schools the AI switch as learning concerns grow
Google plans to restrict access to its AI tools for K-12 students, pending administrator approval. This change follows feedback aimed at enhancing control over classroom AI usage. The company is also expanding its Guided Learning feature, which helps students solve problems systematically. Research shows mixed results regarding AI's impact on student performance and learning outcomes.
Matcha moment: A Japanese tea brews up a $96 million flavour in India
Matcha tea market India: The country's matcha market is set to expand, with projected revenue growth from $45.7 million in 2025 to $96.4 million by 2033. Café chains like Tata Starbucks are already seeing increased sales from matcha products, catering to evolving consumer preferences. Instagram and social media have played a significant role in the rising popularity of matcha drinks and recipes.
Deep use cases vault India to ChatGPT’s top global market: OpenAI's India MD
During a visit to India last year, the ChatGPT maker’s cofounder Sam Altman said that India was the fastest growing market for the frontier lab and was already the second largest in terms of users globally. Market estimates had earlier put the India user base at 100 million.
A desi AI kill chain? Indian military steps towards battlefield AI
India's armed forces are working alongside Sarvam AI to establish a unified framework for military operations. The initiative focuses on improving battlefield intelligence, refining target acquisition, and streamlining decision-making across all service branches. Emphasizing a blend of cutting-edge technology and human judgment, this project signifies India’s dedication to enhancing its sovereign AI resources in the defense arena, with promising implications for operational effectiveness and data management.
Reddit stock plunges 30% as Google's AI search threatens traffic and user growth
Reddit shares plunged 23% after the company warned that Google's AI powered search features were hurting referral traffic and could lead to a decline in daily active users. Pinterest also fell after issuing a weaker revenue outlook, as pressure on European cross border sellers weighed on its business and growth expectations.
Nasdaq futures tumble over 2% as Amazon, Intel stoke AI spending concerns
U.S. stock futures tumbled as Amazon's rising AI investments and Intel's cash burn warning heightened concerns over infrastructure costs, borrowing expenses and profitability. Technology stocks slumped, while investors reassessed AI valuations, capital expenditure and sustainable returns.
Samsung logs record $80.5 bln profits despite investor AI jitters
Massive demand for AI chips delivered record quarterly profits to South Korea's Samsung Electronics on Thursday, but shares fell as investors questioned the resilience of the global tech boom. Record profits driven by booming demand for AI memory chips have fuelled calls for greater shareholder returns, particularly after shares in tech giants such as Samsung tumbled from their June record highs amid concerns over US tech firms' AI spending.
Jio Platforms shares surge 21% on debut, overtake Airtel in market cap
Jio Platforms made a remarkable entrance in the stock market, soaring 21.4% above its IPO price on the first day of trading. Closing at ₹1,417.35, the stock surpassed Bharti Airtel in market capitalization. With a staggering 22 times oversubscription, the IPO attracted considerable institutional backing. At the launch event, executive director Anant Ambani recognized the invaluable support from millions of subscribers.
Jio Platforms' post-IPO playbook: What's ahead for No. 2 of Dalal Street?
Reliance Jio Platforms made a blockbuster stock market debut, listing at a 21.4% premium and reaching a $131.5 billion valuation. After India's biggest IPO, investors are watching Jio's next growth engines: tariff hikes, broadband expansion, artificial intelligence, cloud services and stronger cash flows. Can Akash Ambani turn Jio's digital ambitions into sustained earnings and long-term shareholder returns?
Bengaluru court restrains content creator publishing allegedly defamatory content on embassy developments; directs Meta, Google to block video
The court restrained Mundhra, his servants, agents, representatives and persons acting on his behalf or in concert with him from creating, publishing, uploading, telecasting, broadcasting, printing, circulating or otherwise disseminating allegedly defamatory statements or imputations concerning the company.
Bridging the AI production gap: Over 100,000 Indian engineers trained to Build with Gemini
India is seeing a significant shift in its technology workforce towards enterprise AI integration and solutions. The Build with Gemini initiative has trained over 100,000 developers and architects across several major organizations. This transition emphasizes the need for professionals skilled in engineering AI for production. Global System Integrators are crucial in facilitating this workforce transformation. The evolution aims to position India as a key player in AI architecture and engineering.
Steep bill for AI buildout punishes Meta, other tech favorites
Investors sold shares of Meta Platforms and a wealth of companies central to the AI trade, a day after Meta -- one of the so-called hyperscalers spending billions to build data centers and other infrastructure supporting the AI boom -- said it would issue a new class of shares that will help it raise funds.
BARC registration delay deepens TV ratings market rift in India
The ministry of information and broadcasting (MIB) is yet to decide on fresh registration applications from BARC and TAM India, a joint venture between Nielsen and Kantar Media. Key concerns include BARC's ownership structure, progress on cross-media measurement and the absence of an updated Broadcast India study, according to people familiar with the matter.
EssilorLuxottica's smart glasses boom runs into tougher regulatory scrutiny
Smart glasses that resemble ordinary eyewear are under increased scrutiny from European regulators and advocacy groups, leaving investors questioning whether sales can keep booming as Ray-Ban maker EssilorLuxottica
Meta’s AI spending and Muse adoption set to test Zuckerberg’s strategy
Meta's upcoming third-quarter results will reflect its significant investments in artificial intelligence technologies and products. The company's revenue is expected to grow by 23.8%, despite intense competition from rival firms. Analysts predict a decline in net income, estimating it at $15.44 billion for the quarter. Investor confidence has increased due to positive responses towards its Muse personal assistant and new AI models.
From 100 million users in 170 days to an IPO, a decade of Jio Platforms
Jio Platforms is on the brink of its initial public offering, an important step in its evolution. Since its inception in 2016, the company has gained over 524 million customers and achieved impressive profitability. With significant investments from leading global players in recent years and a vast portfolio of patents, Jio is positioning itself as a leader in innovation.
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