A market selloff is forcing companies driving the global AI boom to delay fundraising plans or pay more for capital as investors demand proof they can absorb rising interest rates and computing-power costs. The shift comes as investors reassess whether the companies racing to build…
Category: Tech
Jio’s ₹76,000-crore EBITDA powers global tech ambitions as it eyes $1.4-trillion digital opportunity – CNBC TV18
Jio Platforms reported EBITDA of ₹76,000 crore, marking 17.8% three-year growth as the Reliance Group tech major prepares to enter markets with a record-breaking initial public offering (IPO). Akash Ambani, managing director of Jio Platforms, highlighted the company’s contribution to India’s digital expansion and its…
Volvo Cars expands automated driving partnership with Nvidia – CNBC TV18
Volvo Cars is expanding its partnership with Nvidia to develop a new generation of driver-assistance and automated-driving technology, the companies said on Thursday, as carmakers race to bring increasingly advanced hands-free driving features to market. • The companies said Volvo would combine its safety systems…
CERT-In flags AI agents accessing Indian firms’ systems without permission – CNBC TV18
India’s cybersecurity agency CERT-In has flagged cases of autonomous artificial intelligence (AI) agents accessing Indian organisations’ computer systems and sensitive information without authorisation. The agency also observed attackers using open-source AI tools to scan digital systems for weaknesses, exploit them and carry out financially motivated…
CNN partners with Google to explore generative AI tools for audience engagement – CNBC TV18
Skydance’s CNN said on Thursday it had agreed to a multi-year partnership with Google to explore how generative AI could help drive audience engagement across the network. The deal marks the first partnership announced since Skydance’s merger with Paramount, under CEO David Ellison, who has…
Tecno Spark 50S 5G set to launch in India on October 16: Design, colours and what to expect – CNBC TV18
Tecno is preparing to expand its Spark smartphone lineup in India with the launch of the Spark 50S 5G on October 16. The company has started teasing the upcoming phone on social media, offering a first look at its design and colour options. The launch…
Anthropic grants outside evaluator METR employee-level access in AI safety push – CNBC TV18
Anthropic has given nonprofit METR employee-level access to its systems and is in talks with others including Hugging Face, as AI companies pitch external evaluators as a way to safely advance the technology without slowing its development. The developer of Claude models is also working…
Nvidia, Apple each gave $25 million for Trump’s ballroom, Washington Post reports – CNBC TV18
Nvidia and Apple each committed $25 million for US President Donald Trump’s planned White House ballroom, according to a Washington Post report on Thursday that showed $333 million in private donations for the project. The Adelson family, longtime financial supporters of Trump and his Republican…
Google rolls out new Android features to protect users from mobile scams – CNBC TV18
Google has announced new security features for Android to help users identify and avoid mobile scams involving fraudulent calls, messages and links. The updates include enhanced scam detection in Google Messages, protections against call forwarding and screen-sharing safeguards. Announced on October 14, the new features…
iPhone Duo price in India starts at ₹2,99,900: Check pre-order date and time – CNBC TV18
Apple is set to open pre-orders for its first foldable smartphone, the iPhone Duo, in India on Friday, October 16. According to Apple’s official website, bookings will begin at 5:30 pm IST, while the device will go on sale from October 23. The iPhone Duo…