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BlackRock is discussing investments to fuel AI with governments

BlackRock CEO Larry Fink revealed on Friday that the asset management giant is engaging in discussions with various governments to explore ways to finance critical investments aimed at supporting artificial intelligence (AI) initiatives, particularly in bolstering power supply infrastructure. Speaking remotely at a meeting of the B7 business groups in Rome, which precedes the gathering […]

Startup

Giving voice to the deaf: How a Pune business is using AI to provide sign language

The statistics shared by the World Health Organization (WHO) paint a stark reality for millions of Indians grappling with auditory impairment. But amidst these challenges, a glimmer of hope emerges with the innovative solution crafted by Pune-based startup, Glovatrix. Led by a passionate team of three, including co-founders Parikshit Sohoni, Glovatrix is on a mission […]

Technology

AMD’s stock falls on in-line projection after the company says it will sell $4 billion in AI processors this year

Advanced Micro Devices (AMD) reported its first-quarter earnings and sales, slightly surpassing Wall Street’s expectations but met with a 7% drop in extended trading, painting a mixed picture for investors. Here’s a rundown of how they fared against consensus expectations: – Earnings per share: AMD posted 62 cents adjusted, just a notch above the 61 […]