finance news

The global semiconductor and artificial intelligence landscape saw multiple developments, with Apple and Nvidia competing for the world’s highest market valuation, China’s Moonshot unveiling the Kimi K3 AI model, and UBS highlighting India’s IT services sector as a diversification opportunity. TSMC also announced an additional $100 billion investment in Arizona, citing sustained long-term demand for … Read more

Argentine President Javier Milei generated both excitement and fear last month when he announced a congressional bill to create “non-human corporations” run by AI, but the companies would actually require human involvement. Milei described in a Financial Times op-ed piece a new type of company that could run without human employees, in which AI agents … Read more

Microsoft Executive Vice President Jay Parikh said the company’s focus on speed is not about taking bigger risks but about accelerating learning and adaptation. He noted that rapid iteration allows Microsoft to respond more effectively to evolving technology trends and geopolitical developments. Drawing on Microsoft’s 51-year history of building technology platforms, Parikh said the company … Read more

Vamsi Boppana, Senior Vice President, Artificial Intelligence at AMD, said AI is still in its early stages, with adoption expected to accelerate sharply through 2027. He pointed to a surge in demand for AI inference — the technology that powers real-world responses from AI models — and said the rise of more specialized use cases, … Read more

Apple’s WWDC 2026 is expected to showcase a rebuilt Siri with access to multiple AI models, while Tim Cook prepares to hand over leadership to John Ternus. Reid Hoffman is leaving Microsoft’s board, OpenAI and Anthropic continue to compete for AI talent, South Korea has nominated former Naver CEO Han Seongsook as prime minister, and … Read more

Artificial intelligence developments accelerated globally as US policymakers explored deeper involvement in the sector, including reported discussions on government ownership in leading AI companies. Industry leaders jointly called for tighter biosecurity safeguards amid concerns that AI could lower barriers to creating biological threats. Canada unveiled a major AI adoption strategy, while India’s Supreme Court proposed … Read more

Global AI competition accelerated as Microsoft and Anthropic explored a custom AI chip partnership while OpenAI CEO Sam Altman clarified that IPO preparations do not guarantee a public listing despite reports of a possible $1 trillion valuation. Zoom raised guidance after strong AI adoption growth, Kerala launched India’s first cabinet-level AI department under PK Kunhalikutty, … Read more

US President Donald Trump is set to meet Chinese President Xi Jinping in Beijing alongside top US CEOs including Elon Musk and Tim Cook, with AI and trade among key topics. The update also covered OpenAI’s new enterprise venture, Satya Nadella’s testimony in the Musk-Altman trial, Google blocking an AI-linked cyber threat, and rising AI-driven … Read more

On the latest AI and technology update, discussions covered Intel’s preliminary chip manufacturing agreement with Apple, which could reduce Apple’s dependence on Taiwan Semiconductor Manufacturing Company, and Nvidia’s growing AI investments across OpenAI, Corning and IREN. The segment also highlighted India’s AI push after IT Minister Ashwini Vaishnaw confirmed Google’s interest in AI infrastructure, servers … Read more