AI investment: Samsung unveils $310 bn expansion; new chip plant and data centres anchor push
Samsung announced a massive $310 billion, five-year investment plan primarily to expand its semiconductor and AI infrastructure. This move aims to bolster South Korea’s position ...
$32 billion wiped out! Softbank market cap plunges; drop in Asian AI-linked companies drives fall
SoftBank Group shares plunged 14% as Asian AI firms mirrored US market drops, signaling investor caution over inflated sector valuations. The tech giant lost $32 ...
Asian stocks today: Markets advance on AI optimism; HSI jumps over 100 points, Kospi up 2%
Asian stocks opened higher, buoyed by AI optimism and a tech-led rally on Wall Street. Market attention remains on central bank developments and the US-China ...
TCS’ $6.5 billion AI infra play signals private capital surge
TCS is investing $6.5 billion in AI data centers, aiming to become the world’s largest AI-led services company. This move, funded by equity and debt, ...
Reliance, Meta to make Rs 855 crore joint investment in AI in India
AI Gets a Boost: Reliance and Meta Team Up to Supercharge India’s Future India’s artificial intelligence landscape is about to get a significant jolt. Reliance ...
AI solutions company Fractal files for nearly Rs 5,000 crore IPO
Is Fractal About to Shake Up the IPO Market? A Deep Dive The hum of anticipation is growing louder in the financial world. Fractal, an ...
Tesla slumps, Alphabet jumps: Google’s parent company stock gains 3% on AI spend, Tesla drops 9% after Q2 result
Alphabet’s shares surged following strong earnings and increased AI investment, boosting related stocks. Conversely, Tesla’s shares plummeted due to Musk’s warning of challenging quarters ahead ...
Forget Nvidia’s $4 trillion valuation! This tech company is set to cross $4.5 trillion market cap, thanks to its big AI bets
Nvidia’s market dominance in AI chips faces challenges from competitors and clients developing custom silicon. While Nvidia’s valuation soared, Microsoft, fueled by Azure’s growth and ...
