Nvidia Commits Up to $100 Billion in OpenAI Partnership Nvidia has announced plans to invest up to $100 billion in OpenAI, alongside a commitment to supply the company with its advanced data centre chips. The move marks one of the most significant collaborations in artificial intelligence to date, bringing together two of the industry’s most influential players. The deal is structured in two parts. Nvidia will purchase non-voting shares in OpenAI, while OpenAI will use the investment to buy Nvidia’s chips. This arrangement provides OpenAI with both funding and access to the compute power it needs to stay ahead in…
Author: Aditya Lenka
Intel-Nvidia Deal Brings Mixed Outlook for Asian Chipmakers Nvidia’s recent $5 billion investment in Intel is causing ripples across the global semiconductor industry. While it offers hope for Intel’s long-delayed comeback, the deal presents both opportunities and challenges for Asian chipmakers like Taiwan’s TSMC and South Korea’s Samsung Electronics. Nvidia, now the world’s most valuable tech firm, has taken a 4% stake in Intel. The two companies plan to collaborate on chips for PCs and data centres. This move sparked a 23% surge in Intel’s share price, as investors welcomed a possible revival for the struggling chipmaker, particularly in artificial…
EU Misses Emissions Deadline Amid Climate Policy Disagreements The European Union has confirmed it will miss a key United Nations deadline to set new emissions targets. EU climate ministers announced the delay on Thursday, citing disagreements among member states. The missed deadline could weaken the bloc’s credibility ahead of the COP30 climate summit in November. While major polluters like China are expected to meet the deadline, and Australia has already announced its new targets, the EU’s internal divisions have stalled progress. The bloc had planned to finalise emissions goals for 2035 and 2040 this month. However, countries including Germany, France,…
SoftBank Vision Fund to Cut 20% of Staff Amid AI Investment Shift SoftBank Group is set to reduce its Vision Fund workforce by nearly 20% as part of a new focus on artificial intelligence. This strategic shift reflects founder Masayoshi Son’s renewed ambition to make bold, high-risk investments in AI, particularly in the United States. A memo seen by Reuters and a source familiar with the matter confirmed the job cuts. Vision Fund currently employs over 300 people worldwide. These reductions represent the third round of layoffs since 2022 but come at a time when the fund is performing well.…
GST Reduced to 5% on Renewable Energy Devices to Boost Clean Energy Push India has taken a major step towards cleaner energy by reducing GST on renewable energy devices from 12% to 5%. This change, approved during the GST Council’s 56th meeting, aims to cut costs across the renewable energy sector and support India’s transition to greener power. The reduced GST will apply across the renewable energy value chain. It will make clean electricity more affordable while directly benefiting households, farmers, developers, and manufacturers. Lower Project Costs and Cheaper Tariffs Reducing GST from 12% to 5% will lower the overall…
India to Design 2 nm Chips in Bengaluru as ARM Opens New Office: Ashwini Vaishnaw Union Minister for Railways, Information & Broadcasting, and Electronics & Information Technology, Ashwini Vaishnaw, inaugurated the new Bengaluru office of semiconductor design company ARM on Tuesday. Speaking at the event, he announced that the “most advanced chips used in AI servers, drones, and mobile phones — chips of 2 nanometres — will be designed here.” The minister described the development as a significant milestone in India’s semiconductor journey, adding that the country’s long-term goal is not only to design and manufacture chips but also to…
AI Must Always Serve Humanity, Says Lok Sabha Speaker at Haridwar Conference Lok Sabha Speaker Om Birla has emphasised that artificial intelligence (AI) must always serve humanity and never become a tool for controlling people. He was addressing the inaugural session of the international conference “Faith and Future: Integrating AI with Spirituality” at Dev Sanskriti Vishwavidyalaya, Haridwar. The event was organised in collaboration with the Future of Life Institute, USA. Shri Birla stressed that the true purpose of technology is to enrich and elevate human life, not replace it. While acknowledging that AI presents challenges, he said it also carries…
Scammers in Asia Used ChatGPT to Target Victims, Says Kenyan Survivor Duncan Okindo, a 26-year-old Kenyan, says he was lured to Southeast Asia last year with the promise of a customer service role in Thailand. Instead, he spent four months trapped in a scam compound on the Myanmar-Thai border, where he was forced to work under armed guard. Okindo told Reuters he was recruited by a local agency, only to be abducted on arrival in Bangkok and taken to the notorious KK Park complex. He described the facility as heavily fortified and “like it was meant for war.” Inside, hundreds…
India Aims for No. 1 Spot in Global Automobile Manufacturing: Nitin Gadkari Union Minister for Road Transport and Highways, Nitin Gadkari, announced a bold vision to make India the world’s leading automobile manufacturing hub. Speaking at the International Value Summit 2025 in New Delhi, he highlighted India’s rapid rise in the sector, having recently overtaken Japan to become the third-largest automobile market globally. “India is no longer just an assembly hub. Global brands are now exporting vehicles from here to the world,” Gadkari said. He pointed out that India’s two-wheeler industry alone exports more than half of its production, underscoring…
NASA Rover Uncovers Signs of Possible Ancient Life on Mars NASA’s Perseverance rover has uncovered a rock sample on Mars that may hold signs of ancient microbial life. The discovery was made in Jezero Crater, where the rover has been exploring since 2021. Scientists believe the rock, which dates back 3.2 to 3.8 billion years, may contain a “potential biosignature”. The rock, found in an area once covered by water, contains minerals typically linked to biological processes on Earth. These include vivianite and greigite, both formed through reactions involving organic material. Although the findings are promising, researchers say nonbiological explanations…