Sensex Surges Over 2,000 Points Amidst FPI Buying Spree
The Sensex saw significant volatility, swinging over 2,100 points intraday and closing at a two-month high due to strong FPI buying. Sectoral support and global factors are expecte...
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Global Stocks Slip as Bond Yields Climb Amid Fed Rate Hike Speculations
Global stocks decline as bond yields rise with focus on upcoming Fed meeting. Investors anticipate potential pause in policy easing following an expected rate cut. Inflation concer...
OpenAI Defends For-Profit Conversion Against Elon Musk's Legal Challenge
OpenAI plans to ask a California judge to reject Elon Musk's request to halt its conversion to a for-profit company, releasing emails to show Musk initially supported the move. Mus...
Coinbase Accused of Delisting Wrapped Bitcoin to Boost Its Own Token
BiT Global Digital Limited sues Coinbase for $1 billion, accusing the exchange of delisting Wrapped Bitcoin to promote its own token, causing financial losses and damaging consumer...
Databricks Nears Record $9.5 Billion VC Raise, Eyes Additional $4.5 Billion in Debt
Databricks is nearing a record $9.5 billion venture capital raise, with plans to secure an additional $4.5 billion in debt. This move reflects strong investor interest in the fast-...
Elon Musk's Profit-Driven Vision for OpenAI: A Controversial Stance
OpenAI claims in a court filing that Elon Musk wanted to own and run the company for profit, according to a report. The filing includes emails discussing the need for more capital ...
TSMC's Groundbreaking Japan Plant: Mass Production by 2024's End
Yuichi Horita announced that TSMC's first Japanese plant in Kumamoto is scheduled for mass production by end of 2024, matching Taiwan's quality. A second plant construction is plan...
Liquid AI Secures $250M in Funding Led by AMD for Innovative AI Models
Liquid AI, a generative artificial intelligence startup, has secured $250 million in an early-stage funding round led by AMD. The company develops efficient AI models for enterpris...
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