Author

Bloomberg

114

Articles

Articles

Anthropic in talks with investors to raise $30 bn at $900 bn valuation

Anthropic in talks with investors to raise $30 bn at $900 bn valuation

The new discussions coincide with a push by Anthropic to ramp up fundraising amid the breakout success of its AI software

Read Article
RBI should dial back rupee intervention, says former Guv Subbarao

RBI should dial back rupee intervention, says former Guv Subbarao

Subbarao said raising interest rates, the "ultimate" exchange rate defence, should be the last resort, as the markets could read it as a sign the conflict poses a bigger threat to India's economy

Read Article
What makes brain implants more than just a sci-fi fantasy as AI era unfolds

What makes brain implants more than just a sci-fi fantasy as AI era unfolds

Researchers have been working for decades on so-called brain-computer interfaces to help people who suffer from paralysis, blindness, hearing loss, and more, regain function

Read Article
Embrace AI or get left behind: Job cuts sweep through crypto firms

Embrace AI or get left behind: Job cuts sweep through crypto firms

The debate started in February after Block Inc., the owner of Square and Cash App, announced it would cut a whopping 50 per cent of staff, citing a secular change in how AI affects its operations

Read Article
Apple explores using Intel and Samsung to build chips in US beyond TSMC

Apple explores using Intel and Samsung to build chips in US beyond TSMC

iPhone and iPad maker has had early-stage talks with Intel about enlisting the company's chipmaking services, and Apple executives have also made visits to a Samsung plant under development in Texas

Read Article
Latest RBI rules for shadow lenders may put Tata Sons IPO on radar

Latest RBI rules for shadow lenders may put Tata Sons IPO on radar

The Reserve Bank of India this week said shadow lenders that are accepting money from associates and group entities will be counted as having indirect access to public funds

Read Article
Nvidia's push into physical AI sparks rally in Asian tech partners

Nvidia's push into physical AI sparks rally in Asian tech partners

Nvidia has expanded its roster of Asian partners in recent years, primarily through deeper chip-focused ties with suppliers such as SK Hynix Inc. and Samsung Electronics Co

Read Article
Apple sales forecast surpasses estimates even as Mac shortages linger

Apple sales forecast surpasses estimates even as Mac shortages linger

Sales will rise 14 per cent to 17 per cent in the period, which runs through June, the company said during a post-earnings conference call Thursday

Read Article
Record low rupee may end India's cheap-money era, force RBI policy shift

Record low rupee may end India's cheap-money era, force RBI policy shift

Rupee weakness amid global turmoil and capital outflows may limit RBI's policy stance, raising risks of rate hikes as inflation, currency pressure and external shocks reshape India's monetary outlook

Read Article
China blocks Meta's $2 billion Manus AI deal over tech transfer concerns

China blocks Meta's $2 billion Manus AI deal over tech transfer concerns

Beijing has tightened scrutiny of key AI firms in the wake of the deal, which has been largely completed

Read Article