The FinTech Hub
Source: Live Mint Ganesh Chaturthi 2024: At a time when the Indian stock market is at record high levels, and there is a deluge of initial public offerings (IPOs) in the primary market, it could be an opportune time to increase exposure to gold as experts expect the yellow metal to hit the $3,000 mark…
Source: Live Mint In a stunning display of mathematical prowess, Google’s AI systems, AlphaProof and AlphaGeometry 2, have achieved silver medal-level performance at the prestigious International Mathematical Olympiad (via India Today). AlphaProof, a groundbreaking AI system introduced by Google, excels in formal mathematical reasoning, reported the publication. Utilizing a blend of language models and the…
Source: Live Mint As the country celebrates the auspicious festival of Ganesh Chaturthi, homes are adorned with vibrant decorations, sweets are prepared, and prayers are offered to Lord Ganesha, the symbol of new beginnings and prosperity. This festival, deeply rooted in tradition, brings families and communities closer, filling hearts with joy, hope, and positivity for…
Source: Live Mint Since AI’s most popular offering, OpenAI’s ChatGPT, debuted two years back and made esoteric AI tech accessible to the masses, there has been excitement over intelligent machines taking over mundane tasks or assisting humans in complex work. Geeks declared that costs would drop and productivity skyrocket, eventually leading to ‘artificial general intelligence’,…
Source: Live Mint International crude oil prices have been on a broader downtrend and crashed almost 20 per cent in the last 12 months due to a demand-supply imbalance in the market, even as the Organisation of Petroleum Exporting Countries and its allies (OPEC+) eyes the stability of prices. Benchmark Brent and US West Texas…
Source: Live Mint While this is the obvious part, beneath the surface, the bigger fight is also about controlling all streams of user data, including those from search engines and social media, which can help big tech companies such as Google, OpenAI, Microsoft, Meta, Nvidia and Elon Musk’s xAI build the world’s most powerful artificial…
Source: Live Mint Some income taxpayers have reportedly received notices under section 148, which is related to the reopening of assessments for the assessment years 2014-15, 2015-16, 2016-17 and 2017-18. A former president of the Institute of Chartered Accountants of India ((ICAI), the chartered accountants’ professional body, believes that these tax notices are wrongly sent…
Source: Live Mint Dividend Stocks: Shares of several major companies, including Vedanta Ltd, Gujarat Gas, Harsha Engineering, Lumax Industries, MSTC, and General Insurance Corporation of India, among others, will trade ex-dividend from Monday, September 9, according to data collected from the Bombay Stock Exchange (BSE) website. As per the BSE data, some companies have announced…
Source: Live Mint Mr Pichai is not alone. New Street Research, a firm of analysts, estimates that Alphabet, Amazon, Meta and Microsoft will together splurge $104bn on building AI data centres this year. Add in spending by smaller tech firms and other industries and the total AI data-centre binge between 2023 and 2027 could reach…
Source: Live Mint In complete contrast to the conventional rules of investing, a recently released Sebi study showed that retail investors sell nearly half of their holdings in initial public offerings (IPOs) within a week. Individual investors sold 50 per cent of the shares allotted to them by value within a week of listing and…
