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Weekend wrap: Nvidia’s AI-driven surge, Indian banks’ steady growth and more

Nvidia has become the world's largest company amidst an AI boom, surpassing Apple. Meanwhile, the U…

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5 mins read

OpenAI reportedly facing issues with its new AI model is a red flag for the entire industry

OpenAI's Orion AI model lacks the expected leap in progress, facing data shortages and energy issue…

Dan DeFrancesco   


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3 mins read

Wall Street is eager to see some sign that AI is driving iPhone demand in Apple's latest earnings report

Wall Street is hyperfocused on Apple's guidance to see if AI features are driving consumer demand f…

Matthew Fox   


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Wall Street is eager to see some sign that AI is driving iPhone demand in Apple's latest earnings report

Wall Street is hyperfocused on Apple's guidance to see if AI features are driving consumer demand f…

Matthew Fox   


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Average cost of data breach in India reached an all-time high of Rs 195 Million, says IBM Report

The report highlights that 70% of breached organizations globally reported disruption. In India, l…

ANI   


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Gen AI to unlock a "mammoth incremental opportunity" for Indian IT services: Report

The generative AI provides more opportunity to the Indian IT sector contrary to the believe of bein…

ANI   


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More than half of banking jobs could be automated by AI — but banks will be slow to adopt, Citi report says

A new Citi report says finance will be "at the forefront" of changes due to artificial intelligence.

Emmalyse Brownstein   


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'We're only in '1996': Why the AI boom is still in its earliest days, according to Bank of America

Relative to the trajectory of the internet, which ushered in a new era of tech innovation, AI in th…

Kelly Cloonan   


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Wall Street warms to nuclear power as banks including Goldman Sachs reportedly back new push

More than a dozen big banks are set to support an effort aimed at tripling global nuclear energy pr…

Tom Carter   


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CHART: Big Tech is going wild on AI spending next year and beyond

Capex by Amazon, Google, Meta, and Microsoft is rising to eye-watering levels next year and beyond,…

Eugene Kim   


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SoftBank is betting on AI and an IPO revival after swinging to a $7.7 billion profit

The Japanese firm posted a $7.7 billion quarterly profit and is ready to chase fresh profits with n…

Hasan Chowdhury   


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Reddit skyrockets 42% on strong earnings beat and AI-driven growth

Reddit's stock surged Wednesday after posting a solid earnings beat and reporting strong revenue fr…

Kelly Cloonan   


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AMD still has a gap to close with Nvidia's AI chips

Shares for AMD dropped after its third quarter earnings call. CEO Lisa Su said that gaining trust i…

Helen Li   


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NVIDIA and Reliance Industries to build AI computing infrastructure in India

NVIDIA CEO Jensen Huan at the NVIDIA AI Summit India announced a partnership with Mukesh Ambani-led…

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This staid software company is kicking butt in AI. The CEO explains how.

ServiceNow is succeeding where other sexier AI companies are struggling: Getting customers to pay up

Alistair Barr   


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3 mins read

Wall Street is bullish on Meta earnings as analysts eye an AI boost for the tech titan

Analysts are bullish on Meta earnings ahead of the Facebook parent's third-quarter report. BofA nam…

Jennifer Sor   


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$3 billion startup Sword Health cuts some physical therapists as it ramps up AI to treat more patients

Sword Health is trying to use AI to get its physical therapists to treat more patients, according t…

Rebecca Torrence   


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5 mins read

Saudi Arabia's futuristic city just faced another setback, but the country still has its eyes on being an AI leader

Saudi Arabia's ambitious plans for a futuristic city in the desert faced another setback. Meanwhile…

Dan DeFrancesco   


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Customer service hubs: Entering the golden age with Gen-AI and tech-driven solutions

In an era where customer experience is a primary business differentiator, the role of service hubs …

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7 mins read

Scammers are stealing homes from under their owners' noses. AI is making it scarily easy.

Scammers have seized properties from Elvis Presley's Graceland to modestly priced vacant lots. AI t…

Jordan Pandy,Katie Balevic