giants

DeepSeek Shatters Beliefs About Cost Of AI, Leaving US Tech Giants Reeling

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Melbourne: Almost A$1 trillion (US$600 billion) was wiped off the value of artificial intelligence microchip maker Nvidia overnight on Monday, when a little-known Chinese startup, DeepSeek, threatened to upend the US tech market. While Nvidia suffered the biggest one-day loss in sharemarket history, other tech giants – Microsoft, Alphabet and Amazon, who are investing heavily … Read more

IPL Owners, Tech Giants In ‘Final’ Race For Hundred Franchise Teams

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Four Indian Premier League franchises — Mumbai Indians, Sunrisers Hyderabad, Lucknow Super Giants, Delhi Capitals’ co-owners GMR Group — along with a consortium of global tech giants featuring leaders from Google, Microsoft, Adobe have made it to the final shortlist of the Hundred, according to a report. According to the report in ESPNcricinfo, … Read more