The Centre has been the bulwark of investments over the past five fiscals, building out infrastructure to stoke and sustain long-term economic growth. After the Covid-19 pandemic, such investments have been the driver of overall capital formation. The Centre’s capex has risen continuously from 1.7% of gross domestic product (GDP) during fiscal 2016-2020 to 3.1%...
This week, OpenAI inked a five-year, $11.9 billion deal with CoreWeave, the GPU-heavy cloud provider, securing its own AI computing pipeline—and a $350 million equity stake in the company. With CoreWeave’s pending IPO and deep ties to Microsoft, OpenAI’s deal marks a significant shift in the AI cloud wars. Today, on TechCrunch’s Equity podcast, hosts...
Mattel and Hasbro may be forced to raise prices if President Donald Trump’s 20% tariffs on imports from China remain in place, but both companies have mitigation strategies in place. Source link
For a business journalist, Budget Day is nothing short of the World Cup final (ICC or FIFA, you decide). It is the D-day for which edit meetings are held months in advance. It’s the day for which editorial teams plan months in advance, crafting center spreads, fine-tuning graphics, and, come 11 AM on February 1st,...
