The FinTech Hub
Source: Live Mint Large language models have a keen appetite for electricity. The energy used to train OpenAI’s gpt-4 model could have powered 50 American homes for a century. And as models get bigger, costs rise rapidly. By one estimate, today’s biggest models cost $100m to train; the next generation could cost $1bn, and the…
Source: Business Standard India’s overtaking of China in key global gauges will likely usher in a bigger influx of foreign flows. Image: Bloomberg 3 min read Last Updated : Sep 19 2024 | 11:46 AM IST By John Cheng and Abhishek Vishnoi India’s overtaking of China in key global gauges will likely usher in a…
Source: Live Mint As geopolitical tensions escalate and stock market valuations reach lofty heights, global markets face an unsettling combination of risks. But India, buoyed by its robust growth engines, appears better positioned to weather the storm, according to Christopher Wood, global head of equity strategy at investment bank Jefferies. Speaking to a select group…
Source: Business Standard China’s weight on the index had peaked in early 2021 | File image 2 min read Last Updated : Sep 18 2024 | 11:32 AM IST India has overtaken China for the first time ever in a key MSCI equities index, bolstered by steady economic growth and strong flows. …
Source: Business Standard 4 min read Last Updated : Sep 18 2024 | 10:13 PM IST Bloomberg News The size of the Federal Reserve’s interest rate cut this week won’t be a game changer for global investors, though risks from China’s slowdown continue to weigh on their minds, according to participants at…
Source: Business Standard 6 min read Last Updated : Sep 18 2024 | 9:00 AM IST The number of ultra-wealthy individuals, known as centi-millionaires (those with liquid investable assets of $ 100 million or more), has surged by 54% in the last decade. According to the Centi-Millionaire Report 2024 released by Henley & Partners,…
Source: Business Standard Photographer: Dhiraj Singh/Bloomberg 4 min read Last Updated : Sep 12 2024 | 3:27 PM IST Sensex, Nifty sudden rally today: Indian stock markets clocked a vertical rally in the last hour of trade on Thursday, September 12, 2024. The BSE Sensex zoomed 1,593 points or 2 per cent to hit…
