SAN FRANCISCO — Closing arguments are set to kick off Tuesday in a shareholders who say the world’s richest man engaged in a pattern of deceptive behavior that misled investors…
Category: Companies
Jensen Huang says Nvidia will generate $1 trillion revenue through 2027 with AI chips — Key highlights from GTC 2026
The Nvidia GTC that was held on 16 March, Monday, saw the chipmaking giant make several key announcements, with CEO Jensen Huang saying that the company could generate as much…
OpenAI may owe Elon Musk as much as $109 billion; Tesla boss says ‘will in no way enrich myself’
Elon Musk has never let a court filing speak for itself. Posting on X today, ahead of what promises to be one of the most dramatic corporate trials in recent…
IT firms rethink billing as artificial intelligence reshapes work
Information technology (IT) services companies are beginning to change their billing strategies to account for artificial intelligence (AI) work as the new technology increasingly takes over routine tasks. For instance,…
Data centre boom brightens engineering job prospects—100,000 new jobs likely
A new employment engine could be emerging for India’s engineering graduates as the country accelerates the build-out of the digital backbone powering its online economy, offering a potential counterweight to…
Atomberg’s next spin as it prepares for IPO: From selling fans to supplying components
Bengaluru: After disrupting India’s ceiling fan market with energy-efficient motors, Atomberg Technologies is now targeting the appliance supply chain, expanding into component manufacturing as it prepares for a public listing…
Asian Private Bankers Go on Blitz to Calm Private Credit Nerves
(Bloomberg) — Private bankers across Asia are scrambling to contain client anxiety as redemption pressures ripple through the $1.8 trillion private credit market, even in a region seen as more…
Bankman-Fried’s Mom Told to Not Call Court on Son’s Behalf
(Bloomberg) — FTX co-founder Sam Bankman-Fried’s mother may have been a law professor at Stanford University. But the judge who sentenced her son to 25 years in prison said she…
Mark Zuckerberg’s tech firm Meta’s shares jump on report of plans to cut 20% or more of workforce
Meta Platforms shares rose nearly 3% on Monday after a Reuters report that the social media giant plans to lay off 20% or more of its workforce to offset heavy…
Reliance signs $3 billion deal with Samsung C&T for 15-year supply of Green Ammonia — Here’s all we know
Reliance Industries has signed a $3 billion (approx. ₹27,665 crore) binding long-term Supply and Purchase Agreement (SPA) with South Korea’s Samsung C&T Corporation, for supply of Green Ammonia over a…