Palantir Technologies CEO Alex Karp has said he could support a Democratic candidate in the 2028 US presidential election, despite his increasingly visible backing of President Donald Trump, but ruled out supporting anyone associated with the Democratic Socialists of America. In an interview with Politico…
Category: Tech
From securities fraud to espionage: The legal risks facing Nvidia’s Jensen Huang – CNBC TV18
Reported ties between Jensen Huang, the CEO of AI powerhouse Nvidia, and a suspected Chinese spy have sparked an investigation by the FBI, calls for congressional hearings, a review by the company’s independent directors and a proposed investor class action lawsuit. Below is a look…
Anthropic IPO could draw record retail buying, Vanda Research says – CNBC TV18
Anthropic could see record buying by retail investors in its market debut, potentially surpassing SpaceX and making it one of the biggest single-day retail purchases in history, Vanda Research said in a note on Wednesday. The research firm expects Anthropic’s debut to attract about $250…
AI has lowered the barriers to building tech. Why Indian companies must now think global – CNBC TV18
Artificial intelligence is making it easier to develop technology products. But building a successful technology business requires more than a good product. The ability to reach global markets, establish distribution and move quickly could determine which companies emerge as winners. InMobi and Glance Founder and…
Samsung Galaxy S27 Ultra may cost ₹1.5 lakh: 5 premium phones it will compete with – CNBC TV18
Samsung Galaxy S27 Ultra: Expected price and design | The Galaxy S27 Ultra is tipped to start at around ₹1,49,999 in India. Its 12GB RAM and 512GB storage variant could cost ₹1,59,999, according to reports. Leaks shared by tipster Sonny Dickson suggest a redesigned rear…
Baird downgrades Nvidia on CEO Huang worries, AI uncertainty – CNBC TV18
The investment bank moved its rating on the stock to neutral, and slashed its price target. A potential drawdown in artificial intelligence-related capital expenditures by hyperscalers and worries about whether CEO Jensen Huang will remain at the company led Baird to downgrade Nvidia on Wednesday.…
Baird downgrades Nvidia on China curbs, AI demand worries – CNBC TV18
Baird downgraded Nvidia and cut its price target by 60% on Wednesday, citing growing risks from US restrictions on chip sales to China and a potential slowdown in AI spending that could weigh on demand for its prized chips. • The brokerage downgraded the chip…
Humanoid robot Qestr drops out of Antarctica Marathon after just 3 km; here’s why – CNBC TV18
A humanoid robot named Qestr took part in an endurance race in Antarctica alongside 24 human runners on Sunday. However, its attempt came to an early end after it covered just 3 kilometres, as its battery ran out in the freezing conditions. The unusual race…
Morgan Stanley drops Nvidia from top stock picks, but isn’t giving up on the stock just yet: Report – CNBC TV18
Nvidia may still have Morgan Stanley’s vote of confidence, but it is no longer among the investment bank’s top stock picks. The bank has removed the artificial intelligence chipmaker from its list of preferred stocks while retaining its Overweight rating, according to a Bloomberg report.…
Amazon’s Ring drone makes debut 6 years after announcement: How will it protect your home – CNBC TV18
Amazon’s Ring has finally introduced its flying home security drone, more than six years after first announcing plans for the device. The launch marks the company’s entry into the home security robotics segment after several delays and changes to the product’s design. Now called the…