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In the 1920s, Madrid, New Mexico, grew into a coal-mining town of 2,500; by 1960, only two families remained as demand for coal declined
Once a bustling coal mining hub, Madrid, New Mexico, boasted around 2,500 residents until the arrival of natural gas in 1949 prompted a swift decline in coal usage. By 1960, only two families remained amidst a landscape of deserted homes and shops. However, the 1970s ushered in a renaissance as artists and craftsmen rejuvenated the area, transforming Madrid into a vibrant tourist attraction while preserving its rich mining history.
Drugmakers tap China AI app boom to reach doctors as crackdown upends marketing
As scrutiny intensifies, Chinese pharmaceutical companies are shifting gears toward digital marketing initiatives. Traditional face-to-face communications are waning, prompting the industry to embrace AI-fueled applications for connecting with healthcare providers. These tools facilitate compliant relationships, sparking partnerships among health-tech firms to disseminate clinical information through digital channels. This marks a pivotal change in marketing dynamics within the pharmaceutical landscape.
Secure exclusive visibility for B2B launches, new fund offers and rebrands
An ET Roadblock gives one advertiser exclusive share of voice across The Economic Times on desktop, mobile web and the ET app. See how it works, what ET reports from past campaigns, who it suits and how to plan your own.
AI is entering the boardroom, warehouse, and checkout. Are businesses ready?
The AI Business Transformation Masterclass & Awards 2026 at IIM Bangalore will focus on integrating AI into businesses on 19 November. The program features sessions on enterprise AI frameworks, real-world use cases, and discussions on Agentic AI in finance, physical AI applications, and contextual commerce, culminating in the ET Most Innovative AI Product Awards.
When AI starts operating machines, the network becomes industrial infrastructure
As manufacturing and automation expand together, networks built to serve billions of people will increasingly serve tens of billions of machines and AI agents as well. Treating those connections as industrial infrastructure, and planning them for that scale, will determine how well physical AI works once deployments move from individual use cases to whole industrial environments.
'The end customer is Alibaba': Anonymous claim links Malaysia’s YTL AI Cloud to Nvidia–Megaspeed scandal - what’s actually proven
Nvidia Jensen Huang Megaspeed investigation: An anonymous employee cited by short seller Culper Research has claimed Alibaba was the end customer behind a data centre project involving YTL and Megaspeed. The allegation adds to scrutiny of Megaspeed’s Nvidia-powered cloud business as the chipmaker’s board investigates national security concerns involving CEO Jensen Huang.

Claude Fable 5.2, Claude Mythos 5.2: Anthropic unveils new AI models, check features, speed, price, release date
Claude Fable 5.2 targets coding, reasoning and AI agent tasks, while Claude Mythos 5.2 targets approved cybersecurity and life-sciences research applications.

After the US midterm rout of Trumpism, the world struggles to trust America again
In the wake of the midterm elections, Joe Reeve alongside other international observers share their skepticism about the integrity of American democracy. A dominant concern is the potential volatility in U.S. policy amidst Trump’s sway. There’s a strong call from world leaders for the U.S. to uphold its democratic values, as businesses start to feel anxious about impending changes in trade and immigration policies.

After the US midterm rout of Trumpism, the world struggles to trust America again
Joe Reeve, a London startup founder, expressed global concern over the uncertainty following the midterm elections. Many international observers doubt whether the election results will lead to significant policy changes. Political leaders and business owners are cautious about America's potential direction under continued Trump influence. The emotional aftermath of the elections enhances feelings of distrust in American governance worldwide.

Fairness, churn, and India's rise: India has lifted millions out of poverty, but the next big challenge is helping people climb further
India's poverty rate has fallen sharply, with nearly 496 million people moving above the World Bank's lower-middle-income poverty line between 2011-12 and 2023-24. However, the next challenge is to expand economic mobility, improve wages and create opportunities. The article examines why growth, fair access and social mobility matter more than focusing on inequality alone.

Developing countries' debt hit record $9.4 trillion in 2025: World Bank
Most of the increase was driven by private financing, with borrowing from private creditors and bond issuance by public enterprises rising nearly 35 percent, the Bank's annual International Debt Report showed.

Tata Sons Chairman Chandrasekaran meets Italian PM Meloni after Iveco acquisition
Tata Sons Chairman N Chandrasekaran and Italian Prime Minister Giorgia Meloni recently discussed the acquisition of Iveco Group. This meeting focused on the strategic industrial ties between Italy and India, enhancing their collaboration. The acquisition allows Tata Motors to become a significant player in the commercial vehicle market. Chandrasekaran expressed gratitude for the support received from the Italian government during the acquisition process.

Aartas CliniShare to add 20,000 sq. ft of co-working space
Aartas CliniShare aims to add 20,000 sq. ft. of healthcare infrastructure across Delhi NCR by the financial year-end. The company is focusing on Noida, West Delhi, and North Delhi for its expansion efforts. Aartas CliniShare operates on a managed OPD infrastructure model to serve various healthcare enterprises.

AI deployment accelerating, but enterprises becoming more discerning: Freshworks CEO Dennis Woodside
The Nasdaq-listed software-as-a-service (SaaS) company reported a 14% year-on-year increase in revenue to $245.4 million for the July-September quarter, marginally ahead of its guidance. Net profit stood at $18.3 million, compared with a loss of $4.7 million in the year-ago period.

India’s IT sector needs a new talent architecture
Growing demand for AI-related services is challenging providers, as they struggle to generate significant revenue. Companies must redesign their workforce models to capture opportunities in an AI-driven market. Existing talent architectures focus on old skill sets and hierarchies, which are becoming less relevant. Investing in specialized roles and capabilities will better align with the new market demands.

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.

SaaS firm Capillary’s AI platform drives new customer wins, revenue grows 51%
Capillary’s aiRA (AI-powered Research Assistant) is an AI agent for enterprise brands that helps connect customer data across platforms and identifies opportunities to acquire, convert, retain and reactivate customers. It also executes campaigns through existing marketing tools, with human approval. It works with data from platforms such as Salesforce, Snowflake, Databricks, Google Ads and Meta, according to the investor presentation.

GST decriminalisation decisions set benchmark for trust-based governance: CII
The Confederation of Indian Industry praised the GST Council's recent decisions aimed at decriminalising certain offences. The Council recommended raising the prosecution threshold from Rs 1 crore to Rs 5 crore, promoting trust in businesses.

Cognizant sets up OpenAI Frontier Capability Group to help enterprises deploy AI at scale
Cognizant said it is scaling OpenAI across its own sales and customer success operations first, so clients can benefit from approaches tested at enterprise level.
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