Social media users are claiming that the glory days of ChatGPT are soon going to be over looking at the fact that its new competition in the market, DeepSeek R1, is already blowing everyone’s minds. Such is the craze over DeepSeek, it has resulted in a major disturbance around tech stocks in the US stock … Read more
A recent poll by The Associated Press-NORC Center for Public Affairs Research shows that while Americans recognize corruption, inefficiency, and red tape in the federal government, they remain divided on whether Elon Musk is the right person to help fix it. Mixed approval for Trump’s Advisory body The poll found that only 30% of US … Read more
Adani Infra, owned by a unit of Adani Enterprises, had in November 2024 said it would acquire 30.07% in PSP for Rs 685 cr i.e., an implied valuation of Rs 2,278 cr (Currently PSP has a mcap of Rs 2,550 cr). The stake will be acquired from the promopters, who currently own 60.14% in PSP. … Read more
Top US financial analysts at Goldman Sachs have raised massive alarm by suggesting that the US stock market could be on the brink of a major correction. This market correction could come at any point in 2025, and is quite inevitable looking at how overheated the stock market has become over the last few months. … Read more
ChatGPT maker OpenAI, led by Sam Altman, has announced “Stargate,” a $500 billion project aimed at building new AI infrastructure in the US over the next four years. This initiative, backed by SoftBank, Oracle, and MGX, plans to immediately deploy $100 billion. OpenAI claims Stargate will solidify American AI leadership, generate jobs and economic benefits, … Read more
The fight between Xi Jinping and Donald Trump around trade and exports will see new highs after January 20, when Trump takes office as the US President. For starters, Trump is planning on imposing a whopping 60% tariff on products brought into the US from China, something that could expectedly weaken the demand for Chinese-made … Read more
Angel One Appoints Ambarish Kenghe (AK) as Group Chief Executive Officer AK is currently Vice President and General Manager at Google Pay APAC. He was instrumental in scaling Google Pay’s in India. He also had a key role in the launch of Chromecast and Google TV’s development. Before Google, AK had served as Chief Product … Read more