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Bitcoin BTC$77,926.88 has pulled back slightly after briefly approaching the $80,000 mark on Tuesday. At the time of writing, it was trading at $77,794, still up 0.4% over the past 24 hours, after hitting a peak of $79,388 before gradually easing lower during the overnight session. The 24-hour low of $77,464 was set Thursday morning,…
China has reported a massive leap in its domestic artificial intelligence (AI) computing power, with official figures suggesting capacity far beyond what is reflected in global benchmarks, raising questions about a potential “dark pool” of hidden compute.According to China’s ministry of industry and information technology (MIIT), the country has reached 1,882 exaflops — or 1,882…
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MUMBAI: More than half of young Indians, in the age group 24 to 34, who buy health insurance drop out within the first three years, exposing a structural weakness in policy retention.According to a Niva Bupa health insurance survey, 55% of policyholders in the age group who let policies lapse do so within three years…
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After five weeks of intense campaigning by four contending sides in Tamil Nadu, one question remains: will the disruptor help the incumbent, the opposition or himself? Conventional analyses still give the M K Stalin-led Secular Progressive Alliance (SPA) an edge over Edappadi K Palaniswami’s National Democratic Alliance (NDA), but the vote share of Vijay’s TVK…
NEW DELHI & BENGALURU: Shares of HCLTech fell nearly 11% on BSE on Wednesday after the company issued a softer-than-expected outlook following a muted March quarter performance.Responding to concerns around a 2–3% annual deflation driven by AI, CEO C Vijayakumar said the company has largely offset the impact of deflation in its traditional services business,…
MUMBAI: The long-drawn process for the listing of NSE, the country’s largest stock exchange by turnover and revenue, got a boost after a panel set up by markets regulator Sebi cleared the bourse’s settlement offer in long-pending issues popularly known as colocation and dark fibre cases. These cases, more than a decade old, related to…
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