Delhi NCR News

CoreWeave Inc. Chief Executive Officer Mike Intrator, facing a plunge in the company’s stock and bond prices, said the market is acting “irrationally” and that he remains confident in the AI cloud company’s business model. CoreWeave’s deal backlog is large enough to more than support…

Shares of debt-heavy AI firms tumbled Wednesday as higher interest-rate prospects intensified concerns about financing the industry’s massive buildout. Companies whose shares had rallied earlier this year on AI optimism were some of the worst performers on the main benchmarks. • Shares of neocloud firms…

Ukraine said on Wednesday that Elon Musk’s SpaceX had restricted “military-grade” Starlink services, hampering Ukrainian drone strike missions and air defenses. The complaint has drawn renewed attention to the distinction between Starlink, SpaceX’s commercial satellite internet service, and Starshield, a military version developed for the…

The Asian markets have gotten off to a forgettable start to the day’s trade today (Thursday, October 15), with all the key indices crumbling under the pressure of the global chip sell-off rout. A major selloff in global equity markets spilt into the Asia-Pacific region…

Anthropic told prospective investors on Wednesday that revenue in the third quarter surged 45% from the prior quarter, two people who attended an investor day said, a move that could assuage market concerns about the huge costs of developing AI systems. Revenue in the third…

A bipartisan group of eight states said on Wednesday they had sued OpenAI in courts across the country over harms they say ChatGPT has caused to their residents, alleging the chatbot has coached its users — including teenagers — to harm themselves or others. Attorneys…