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Advanced Micro Devices Inc. suffered its worst stock decline in more than seven years after the chipmaker’s sales forecast underwhelmed investors, a sign it’s not making the AI inroads that Wall Street anticipated.
Air India has come under renewed regulatory scrutiny after the UK Civil Aviation Authority sought a full maintenance account and preventive action plan over a reported fuel control switch defect on a Boeing 787 Dreamliner. The airline says fleet-wide inspections have found no issues, but the regulator is demanding detailed assurances on continued airworthiness.
Cigna Group’s Express Scripts reached a settlement with federal antitrust enforcers to resolve allegations that the company artificially inflated the price of insulin for patients through illegal rebate tactics.
Shares of Timken India Ltd ended at ₹3,250.95, down by ₹2.50, or 0.077%, on the BSE.
NVIDIA CEO Jensen Huang said India will build its own AI systems, data centres and chips, calling artificial intelligence as essential to nations as electricity and the internet.
The regulator alleges that the airline abused its 60% market share by charging exorbitant fares to stranded travellers.
The transition comes as Uber prepares for a capital-intensive shift toward autonomous vehicle integration.
Hemant Mohapatra of Lightspeed Venture Partners says the global AI race is increasingly being shaped by national control over chips, data, and foundation models. As countries build their own AI ecosystems, India’s push for sovereignty through local data, domestic model-building, and semiconductor manufacturing could determine its place in the future AI order.
Bengaluru-based 4baseCare is ramping up its precision oncology ambitions by expanding hospital-linked genomics labs and scaling its AI-powered digital twin platform, Oncotwin, as it targets a sharp jump in revenues and a wider footprint across India and emerging global markets.
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AI-native martech startup Fibr AI has raised $5.7 Mn (about INR 52 Cr) in a seed funding round led by…
The US-structured VC firm noted that it has received over half of the fund’s commitments and intends to back 22 companies at pre-seed and seed stage.
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