An Indian company is set to build a $2 billion AI hub with Nvidia’s GPUs and go public. Here’s what we know so far
Yotta Data Services, which controls up to 70% of India’s GPU capacity, said surging demand from local AI startups and global tech firms is tightening supply.
Private equity enters its ‘Darwinian’ era as experts warn some funds face extinction
Lower exits, longer holding periods, smaller returns, and tougher fundraising conditions are reshaping the industry, where only the strongest managers will survive.
FAA closes airspace in Fort Hancock, Texas after reported accidental use of anti-drone laser
The Federal Aviation Administration (FAA) barred flights on Thursday after an anti-drone system was believed to accidentally shoot a U.S. government drone.
U.S. and Iran wrap up ‘most intense’ nuclear talks with no deal — more negotiations ahead
Iran’s nuclear program, enrichment of uranium and its ballistic-missle development program have been at the crux of the negotiations.
CNBC’s Inside India newsletter: As AI shockwaves hit software firms, what’s in store for India’s IT titans?
AI-led disruption is threatening India’s software giants.
Asia markets opens mixed after Wall Street pullback on Nvidia slump
Asia-Pacific markets opened mixed on Friday, after U.S. stocks declined overnight as Nvidia shares tumbled despite a quarterly earnings beat.
Stock futures slide after S&P 500 closes lower; wholesale inflation reading looms: Live updates
The S&P 500 and the Nasdaq Composite slid on Thursday, dragged lower by Nvidia shares.
Trump administration faces first big tariff refund court deadline on Friday
Trump’s DOJ has until Friday to decide on moving a tariff refund case to the Court of International Trade, the first deadline since the Supreme Court decision.
Stocks making the biggest moves after hours: Block, Intuit, Dell Technologies & more
These are the stocks posting the largest moves in extended trading.
Anthropic CEO Amodei says Pentagon’s threats ‘do not change our position’ on AI
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