Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
Amazon.com Inc. will supply OpenAI with cloud computing services under a multi-year $38-billion deal, giving the ChatGPT maker access to hundreds of thousands of Nvidia graphics processors to train and run its artificial intelligence models. OpenAI recently turned into a for-profit enterprise. (Reuters) The agreement announced on Monday underscores the AI industry’s surging appetite for […]
Microsoft Corp. and Open AI have struck a new deal that allows the ChatGPT maker to restructure into a public benefit corporation. That gives OpenAI a valuation of $500 billion and more freedom it its business operations. OpenAI CEO Sam Altman (left) and Microsoft CEO Satya Nadella (AFP) The deal removes a major constraint on […]
Elon Musk’s satellite internet venture, Starlink Satellite Communications Private Limited, has leased a 1,294 sq ft office space in Mumbai’s Chandivali area for five years, at a total rent of ₹2.33 crore, according to property registration documents accessed by Propstack. The space has been leased in the same building where Bollywood actor Hrithik Roshan and […]
Gold prices fell, after posting its first weekly drop since mid-August, as the progress on a US-China trade deal sapped safe-haven demand. A blistering bullion rally that propelled gold prices to a record high of $4,380 an ounce last week has since gone into reverse on signs the metal had become overbought. (Bloomberg) Spot gold […]
The Nifty 50 is set to open higher today, as optimism over an India-US trade deal brings back foreign investors to the world’s third largest stock market. The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint) At 8:30 am, Gift Nifty futures were trading 0.13% lower at 26,253.50 after a positive open. That […]
India and the US are nearing a long-stalled trade deal that would reduce American tariffs on Indian imports to 15 per cent to 16 per cent from 50 per cent, Mint reported, citing three people aware of the matter. US President Donald Trump said he spoke with Prime Minister Narendra Modi on Tuesday. (PTI file) […]
Shares of RBL Bank Ltd. jumped to its highest in nearly five years after the private lender struck the biggest stake-sale deal in India’s banking history. RBL Bank’s stake sale to Emirates NBD is seen as the biggest foreign investment in India’s financial services sector. (Livemint) On Monday, RBL Bank share price rose as much […]
Dubai’s Emirates NBD Bank PJSC has agreed to buy 60% stake in RBL Bank Ltd., in what is seen as the biggest foreign investment in India’s financial services sector. RBL Bank’s stake sale to Emirates NBD is seen as the biggest foreign investment in India’s financial services sector. (Livemint) The middle-eastern bank will invest ₹26,853 […]
India is fast-tracking trade talks with the US with the goal of concluding deal negotiations by next month, according to people familiar with the matter, even as Russian oil imports remain a sticking point. Prime Minister Narendra Modi (left) and US President Donald Trump. (AFP) New Delhi is working on a plan that would be […]
HCL Technologies Ltd. delivered on its topline and bottomline in fiscal second quarter as deal wins sustained in the face of headwinds stemming from US tariff and H-1B visa shocks. On Monday, HCLTech shares fell 0.09% to ₹1,494.10 apiece on the NSE even as the benchmark NSE Nifty 50 ended the day 0.23% lower at […]
