CIT(A)’s order upheld; assessee acted as a middleman, and no evidence supported AO’s mechanical addition. Only Rs.15.42 lakh ...

Actress Preity G Zinta sent tax notice for Rs 10 crore unexplained cash credit; she fights back and wins case in ITAT Mumbai for this reason ...

ChatGPT competitor secures billions from Microsoft and Nvidia in deal to use cloud services and chips. On Tuesday, Microsoft and Nvidia announced plans to invest in Anthropic under a new partnership ...

SoftBank and OpenAI announced a new 50-50 joint venture this week to sell enterprise AI tools in Japan under the brand “Crystal Intelligence.” On paper, it’s a straightforward international expansion ...

Sam Altman, the chief executive of OpenAI, says that technological revolutions are driven by more than just technology. They are also driven, he argues, by new ways of paying for them. “There is ...

The AI boom has triggered a historic spending spree. By 2028, investment in chips, servers and data centers could reach nearly $3 trillion, according to Morgan Stanley. On this episode of Bold Names, ...

You can still earn 4% in a money-market fund. That is an attractive yield for an investment that doesn’t have a fluctuating market value. But chances are that money-market rates will fall ...

With current AI spending far outpacing end-product monetization, the increasing string of circular investments within the industry is raising concerns of a brewing systemic risk. AMD's recent ...

This ballot initiative asks voters to increase taxes on wealthier Coloradans to raise an additional $95 million to fully fund the Healthy School Meals for All program, which provides free breakfast ...

Two weeks ago, Nvidia Corp. agreed to invest as much as $100 billion in OpenAI to help the leading AI startup fund a data-center buildout so massive it could power a major city. OpenAI in turn ...

A spate of recent deals among AI's biggest players has tightened the circle of companies and investments underpinning the technology’s explosive growth. Nvidia plans to invest in OpenAI, which is ...

We’re watching a new trend in semiconductor stocks concerning circular deals. Here’s why we think investors should be keeping an eye on it, though they shouldn’t be particularly worried at this point.