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Inside OpenAIs Race to Catch Up to Claude Code

Inside OpenAIs Race to Catch Up to Claude Code ### The Coding Conundrum: OpenAI Grapples with Advanced AI Development The artificial intelligence landscape is rapidly evolving, with specialized tools for code generation emerging as a significant frontier. While OpenAI, a prominent player in the AI... read more »

Nick Clegg Doesnt Want to Talk About Sup...

Nick Clegg Doesnt Want to Talk About Superintelligence

Nick Clegg Doesnt Want to Talk About Superintelligence **Clegg Navigates AI Landscape Beyond Artificial General Intelligence** **London, UK** – Following his departure from Meta Platforms in late 2023, Nick Clegg, the former Deputy Prime Minister of the United Kingdom, is establishing a distinct... read more »

Oracle stock jumps 9% on earnings beat a...

Oracle stock jumps 9% on earnings beat and increased guidance as cloud reve...

Oracle stock jumps 9% on earnings beat and increased guidance as cloud revenue climbs 44% **Oracle Surges on Robust Earnings and Upbeat Cloud Outlook** **Redwood City, CA – [Date]** – Oracle Corporation experienced a significant surge in its stock value today, with shares climbing approximately... read more »

Telecom major Bharti Airtel on Thursday announced it has acquired 100 per cent stake in Wireless Business Services (WBSPL), a company founded by U.S. chipmaker Qualcomm. The company had acquired a 49 per cent stake in WBSPL in May 2012 for $165 million. At that price, the additional stake purchase would have cost Airtel an estimated $165 million, or Rs. 1,008.1 crore at Friday’s exchange rate. However, the company did not disclose the financial details of the deal. In a statement, Airtel said that it has “completed the acquisition of 100 per cent equity shares of Wireless Business Services Private Limited, which holds BWA Spectrum in the Indian telecom circles of Mumbai, Delhi, Haryana and Kerala”. Airtel acquired a majority stake in WBSPL in July by increasing its stake to 51 per cent from 49 per cent. WBSPL has spectrum that can be used for high-speed 4G services in New Delhi, Mumbai, Haryana and Kerala. Airtel has the similar spectrum in Punjab, Maharashtra, Kolkata and Karnataka. Airtel has already launched 4G services in Bangalore, Pune, Kolkata, Chandigarh, Mohali and Panchkula. Shares of Airtel were trading at Rs. 353.80, up by 1.46 per cent, in the afternoon session at BSE.

AI chipmaker Cerebras namedropped by Ora...

AI chipmaker Cerebras namedropped by Oracle, alongside Nvidia and AMD

AI chipmaker Cerebras namedropped by Oracle, alongside Nvidia and AMD ## Cerebras Systems Gains Prominence with Oracle Cloud Integration **Emerging semiconductor firm Cerebras Systems is reportedly in discussions with Oracle Cloud Infrastructure (OCI) regarding a potential partnership, a... read more »

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Economy

Chidambaram calls for high level of probity in capital market

Mumbai – Pitching for high level of probity, Finance Minister P Chidambaram today said Indian capital markets are facing many concerns including low level of retail participations, which needed... read more »

Wal-Mart names Krish Iyer as India unit head

New Delhi – US retail major Wal-Mart Stores Friday named Krish Iyer as the president and chief executive officer (CEO) of its India unit,... read more »

Sensex closes 245 points down; automobile stocks plunge

Mumbai – A key index of the Indian equities markets Thursday closed 245.80 points or 1.16 percent down, its third consecutive fall this week, as bearish... read more »

Govt of the day pays the price for high inflation: Chid...

New Delhi – Apparently admitting that price rise was one of the reasons for Congress defeat in recent elections, Finance Minister P Chidambaram Wednesday... read more »

Bharti Airtel, Reliance Jio to share infrastructure

New Delhi – Telecom service providers Bharti Airtel and Reliance Jio Infocomm have concluded a comprehensive telecom infrastructure-sharing arrangement... read more »

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Investing

With gold prices falling, jewellers increase inventory levels

Trying to tap the falling gold prices, lakhs of jewellers across the country are increasing their inventory levels. Around 225 tonne of gold was imported in India in the last two months ahead of the... read more »

Appetite for jewellery boosts India gold demand: W...

Indian appetite for gold jumped by more than a third in the last quarter, in sharp contrast to the rest of the world, boosted by jewellery demand for... read more »

Gold, silver at multi-year lows on overseas cues

NEW DELHI: Gold and silver prices slumped to their multi-year lows to trade at Rs 25,800 per 10 grams and Rs 34,900 per kg, respectively in the national... read more »

Gold, silver likely to trade lower; copper may rise

Global markets traded mixed in the last fortnight as the US Fed’s decision to wind up its bond buying programme acted as a boost for equities wherein the... read more »

Gold struggles on stronger economic data, higher equiti...

Gold steadied on Monday but failed to make any recovery from three straight days of losses as stronger global economic data and higher equities curbed the... read more »

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Gold & Metals

Five reasons why gold may plunge to below Rs 24,000 per 10 grams

MUMBAI: ‘Invest in gold’ is not a buzz-word anymore as the yellow metal has corrected in the international market after a 12-year bull-run. Once considered to be a safe haven, it has... read more »

Gold Prices Drop to 16-Week Low

Gold prices sank to their lowest level in 16 weeks as worries about political friction in Eastern Europe subsided and amid signs that the U.S.... read more »

Gold demand in India to rise in H2 as import curbs like...

Gold prices slipped by Rs. 30 to Rs. 30,725 per 10 gm.

India’s gold demand is likely to pick up in the second half of the year as curbs on bullion imports are expected to be eased by the country’s new... read more »

Gold price plunges by Rs 500 to Rs 29,600 per 10 grams

Gold steady after two-day fall, economic optimism weighs

New Delhi – Gold prices plunged by Rs 500 to Rs 29,600 per 10 grams in the national capital Friday due to low demand from jewellers and retailers amid a... read more »

Gold rebounds on wedding season buying

Gold regained its glitter to trade Rs. 150 higher at Rs. 30,100 per 10 grams in the national capital on Thursday on increased buying by stockists and retailers... read more »

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