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AI demand unlikely to be derailed by Nvidia CEO controversy: Taiwan supply chain executives
Global demand for artificial intelligence (AI) is expected to remain strong despite the controversy surrounding Nvidia Chief Executive Officer Jensen Huang, with Taiwan's semiconductor supply chain sources expecting limited long-term impact on the industry, according to a news report by Focus Taiwan.
Nvidia CEO Jensen Huang called by key Republicans over Chinese spy Alice Huang allegations
Top Republican lawmakers have requested Nvidia CEO Jensen Huang to provide a briefing on his connections to Alice Huang. This request follows allegations related to national security concerns involving advanced AI chips. Lawmakers emphasized the need to address the extent of risk posed to U.S. national security. Huang's discussions with numerous executives include ordinary business information, according to Nvidia's claims.
Key Republicans seek briefing from Nvidia CEO over Chinese spy allegations
The New York Times reported last month that US authorities were investigating Alice Huang, a former executive of Singpore-based company Megaspeed, which buys AI chips from Nvidia. US authorities have scrutinized Megaspeed over suspicionsit helped Beijing gain access to advanced AI chips that are barred from shipment to China.
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.
U.S. and Japanese Companies Struggle with Different Parts of AI Adoption—and Offer Different Lessons for Making It Work
Companies in both the U.S. and Japan are struggling to deploy AI, but often in very different ways. In the U.S., deployment is wide but shallow, meaning companies struggle to create real value with AI. In Japan, deployment has moved slowly, but where it has happened, it’s often deep and fruitful. Understanding what’s happening in both contexts offers important lessons for companies trying to develop an AI strategy and demonstrate ROI on their AI investments.
Exclusive | Cognizant in talks to invest in Indian AI startup Sarvam valuing it at $3.5-4 billion: sources
Cognizant’s potential investment in Sarvam comes as advances in agentic AI raise questions about the future of the IT services industry. AI agents are increasingly capable of automating tasks across software development, application maintenance and back-office operations, potentially disrupting traditional outsourcing models.
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Carney says Trump's tariffs hurt Americans as US alleges Canadian interference
Canadian Prime Minister Mark Carney outlined a significant financial plan for supporting manufacturing in Ontario. This strategy includes billions to assist steelmakers, automakers, and critical mineral development. Carney emphasized that U.S. tariffs have negatively impacted trade relations and increased costs for American consumers. Ontario Premier Doug Ford stated that the diplomatic relationship with the U.S. has permanently changed.
SpaceX earnings to be released tomorrow, October 20: 10 points to know
SpaceX will release its third-quarter 2026 earnings after the US stock market closes on Tuesday, October 20. The report lands one day before Tesla shares its own results on Oct. 21. Because SpaceX is privately held, financial data usually circulates through private investor letters rather than public filings.
How much will Americans actually save on fuel and groceries from the US-Russia diesel deal?
In a recent announcement, Donald Trump revealed a new agreement with Russia aimed at providing relief for American diesel consumers, particularly benefiting farmers, truck drivers, and diesel vehicle owners facing soaring expenses. Despite this potential aid, experts remain doubtful about the long-term effects on diesel pricing, noting that the expedited supply from Russia would only cover a mere four days of U.S. demands.
Ukraine steps up strikes on Russia's tech infrastructure, damaging third data center in 4 days
A Ukrainian drone attack targeted a Yandex data center in Vladimir, causing widespread service outages. Users in multiple Russian cities and neighboring countries faced disruptions in accessing various services, including banking. This strike is part of a broader Ukrainian campaign against Russian infrastructure amid ongoing conflict. Previous attacks on Yandex facilities in Ryazan and Kaluga occurred just days before this incident.
Anant Raj Cloud Singapore to promote Haryana as a preferred global hub for data centres
The collaboration aims to take Haryana-based cloud and data centre services to global markets and facilitate the hosting of overseas data in the state.
PwC’s new India consulting JV signals bigger global role for India
PwC is putting India at the centre of its global consulting strategy by combining its India consulting business with the US firm’s India advisory operations into a nearly 40,000-person joint venture. Executives said the move is aimed at routing more global consulting work through India, expanding work with GCCs and giving Indian clients greater access to PwC’s global capabilities, rather than simply cutting costs.
OpenAI launches Dots, claims AI agents can work while you sleep and complete tasks based on how you want them done
The new agents are designed to handle longer-running tasks instead of waiting for every instruction, with access to connected apps, a cloud computer and user preferences, according to OpenAI.
China's AI agents can lie and scheme - just like their US rivals
Reuters examined more than 200 documents, ranging from university research papers to technical reports, and identified at least 20 studies or evaluations since 2025 describing cases where agents displayed behaviour such as deception, replication and challenging boundaries that AI experts described as building blocks for a breakout and which could become harder for humans to control as systems advance.
Anthropic’s Road to IPO: Funding, valuation, Claude growth and legal battles
Anthropic is preparing for a closely watched U.S. IPO after rapid growth in funding, valuation and revenue. The Claude maker faces legal and regulatory challenges while expanding AI capabilities, cloud partnerships and commercial operations. Its potential listing could offer investors insight into frontier AI economics, governance, capital requirements and growth expectations.
MongoDB stocks crash at Nasdaq: In 2025, MDB share price jumped over 30 per cent, one year later company stocks suffer Wall Street's biggest losses after Meta's latest recruitment move
MongoDB share price today: MongoDB is a software company that provides a cloud-based database platform used to build and run modern applications. Its technology helps businesses manage data efficiently, combining search, analytics, and AI tools in one system.
The Indispensables: Seven AI titans and an $18.6 trillion economic bet
Removing key AI leaders such as Elon Musk and Sam Altman could disrupt the entire AI industry profoundly. These leaders oversee companies with a combined market value of approximately $18.6 trillion as of now. Their innovative projects in AI have enormous potential to impact multiple sectors and advance human progress.
U.S. Stock Market personal finance tips: Wall Street investors may think over these key 5 points during weekend before Monday trading
U.S. releases its monthly employment report for September on Friday. The jobs market has been among the more resilient areas of the economy, but it has started to show more signs of stress.
Why US stock market crashed today? 3 reasons Dow Jones, Nasdaq and S&P 500 are in deep red as tech stocks fall across the board
Why US Stock Market Is Falling Today? US equities stumbled across the board Thursday morning, with all three major market benchmarks sliding into negative territory. The Dow Jones Industrial Average dropped 383 points, while the tech-heavy Nasdaq Composite and the S&P 500 fell 0.8% and 0.5% respectively. Oracle fell 4.95%, taking $7.16 off its share price to trade around $137.40.
This stock just beat AI star HFCL’s 230% rally to top Nifty 500 gainers in 2026. Can outperformance last?
Welspun Corp has emerged as the top-performing Nifty 500 stock in 2026 after a 236% rally, overtaking AI infrastructure play HFCL. The sharp gains have been driven by strong investor interest in the company’s oil, gas and water transmission business. The key question now is whether the rally can sustain.
Nabfid sanctions Rs 3,000 crore-plus loans to at least four data centres as AI capex accelerates in India
Nabfid is sanctioning significant loans for India's growing data center infrastructure needs. These facilities support the nation's push for artificial intelligence and cloud computing capacity. The lender anticipates continued strong demand from hyperscalers and cloud service providers. Nabfid plans to raise approximately Rs 1 trillion to fund these large projects. This financing aligns with India's broader infrastructure investment in the digital economy.
UK silence over demand for Apple data access is farcical, lawyer says
The British government's refusal to confirm whether it has issued an order to bypass encryption to access customer data held by Apple has become farcical, a lawyer for civil rights groups told a London tribunal on Thursday.
One AI issue unites Republicans and Democrats: Data centre limits
Americans increasingly worry about artificial intelligence's environmental effects. Many citizens are concerned about data centers' local electricity and water usage. A majority of people support limiting new data center construction nationwide. Most Americans favor requiring data centers to use clean energy sources.
SK Hynix in talks with Intel about deal to make memory chips in the US for the first time, sources say
Under one potential scenario, SK Hynix would lease part of Intel's long-planned chipmaking facility in Ohio, they said. Under another scenario, it could form a venture with Intel and major cloud firms that are keen to lock in memory chip supplies, two of the people said.
Paytm, MobiKwik, Pine Labs shares rally up to 6% after govt announces UPI fees above Rs 2,000. Why brokerages are bullish
Paytm, MobiKwik and Pine Labs are likely to remain in focus after the government announced MDR on select UPI transactions above Rs 2,000. From October 15, merchants will pay a 0.4% fee on eligible P2M UPI transactions, capped at Rs 300 for payments of Rs 75,000 or more.
Stocks in news: Yes Bank, Vedanta, Groww, BHEL, Bharat Forge and NBCC
Indian equity markets closed lower on Tuesday, extending their monthly decline. Nifty50 reached a key support level, indicating a potential technical bounce. Several companies, including Yes Bank and Vedanta, are expected to be in focus. Bharat Forge and BHEL announced significant collaborations and joint ventures. Other firms reported regulatory updates and investment plans for future growth.
Amazon's AWS is unable to restore access to Bahrain, one UAE cloud data zone after war damage
Amazon's cloud computing unit AWS said the damage in Bahrain spanned multiple so-called availability zones, which are clusters of one or more data centres in the same geographic region.
MediaTek launches new mobile chip using TSMC's most advanced technology
MediaTek said the Dimensity 9600 Pro is its first mobile processor built using Taiwan Semiconductor Manufacturing Co's cutting-edge 2-nanometre process. It also introduced the Dimensity 9600M, made using TSMC's 3-nanometre process and aimed at a broader segment of the flagship smartphone market.
From hallucinating AI chatbots to wiping out humanity: How did we get here?
The heads of America's leading AI labs came together in a rare show of unity over the weekend to call for a pause in the technology's development, warning that it
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