Industry Trends

Why India’s AMC business could be entering a long growth phase? Aditya Kondawar explains

ICICI Prudential AMC's listing sparks debate on valuation premiums over HDFC AMC, with both managing similar assets. While ICICI Prudential shows stronger operating profits due to a higher equity and alternate asset mix, retail participation in its IPO was muted. Experts believe the long-term outlook for Indian AMCs remains positive, driven by shifting investor behavior and industry growth potential.

Industry Trends

Peter McGuire flags stronger Yen risk as Japan inflation stays above target

Japan's central bank has raised interest rates to their highest in three decades, prompting global markets to reassess the yen, carry trades, and risk assets. With inflation projected to remain above the BOJ's target, further tightening is a possibility, potentially altering Japan's monetary policy and impacting global markets.

Startup Funding

Meta Reportedly Building Three New Generative AI Models With Focus on Image and Video Generation

Meta is reportedly developing three new AI models under its Superintelligence Labs division. These include an image and video generation model to rival tools from Google and OpenAI, a coding-focused text model, and advanced world models. The push signals Meta’s intent to compete more aggressively in both consumer-facing AI features and long-term research tied to robotics and AGI.

Startup Funding

OpenAI Invites Third-Party Apps On ChatGPT: What It Means

OpenAI recently invited app developers to submit third-party apps on ChatGPT, marking a structural shift in how the AI assistant operates. But what does this mean for users and developers? The post OpenAI Invites Third-Party Apps On ChatGPT: What It Means appeared first on MEDIANAMA.