Jefferies flags rising credit risk in global AI funding boom
Jefferies' Christopher Wood said Oracle's five-year CDS spread rose to 288 basis points from 186, while CoreWeave's jumped to 1,118 from 749 since September 11.
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Jefferies' Christopher Wood said Oracle's five-year CDS spread rose to 288 basis points from 186, while CoreWeave's jumped to 1,118 from 749 since September 11.
Speaking at the Goldman Sachs 10,000 Women graduation in New Delhi, former UK PM Rishi Sunak said AI lets small firms move faster than large, bureaucratic companies.
India's space economy, valued at nearly $8.4 billion, could grow to $40-45 billion by 2030 on commercialisation and 2020 reforms, a report says, citing nearly 400 space start-ups.
Sunil Bharti Mittal said AI tools like ChatGPT have exposed Bharti Enterprises to new possibilities, urging firms to adopt technology shifts early to stay competitive.
Microsoft President Brad Smith said Trump's H-1B and green card crackdown could send top AI talent abroad, adding that Microsoft hired over 9,000 US-born workers last year.
Apple opened pre-orders for its first foldable iPhone Duo in India at 5:30 PM IST, with sales from October 23. Prices start at Rs 2,99,900 for the 256GB variant.
Morgan Stanley lowered its estimate of the US share of global computing capacity to 55 per cent from 60 per cent, citing a projected 32 GW power shortfall from 2026 to 2028.
McKinsey's 2026 State of AI survey found 80% of respondents saw productivity gains, but only 37% reported higher EBIT and just 6% qualified as high performers.
A Deutsche Bank report says AI makes production cheaper but verifying accuracy more expensive, slowing gains in medicine, engineering and law.
Scientists at the Indian Institute of Astrophysics combined Aditya-L1's VELC and Proba-3's ASPIICS data to measure coronal mass ejections near the Sun, publishing in Astronomy & Astrophysics.
Elon Musk unveiled a Tesla Roadster prototype at a SpaceX facility in Texas that briefly lifted off the ground, with thrusters generating lift and a 0-60 mph time under one second.
BharatPe Agentic AI, built with Gemini Enterprise Agent Platform on Google Cloud, gives merchants 24x7 voice and chat support in Hindi, English and Hinglish.
Microsoft President Brad Smith told Politico the vice president's H-1B abuse claim was "completely off base", warning green-card curbs could hurt US tech for a generation.
Amazon rolled out Bee Frontier at USD 74.99 and Bee Eclipse at USD 99.99, personal AI devices that transcribe conversations into notes and reminders, CEO Andy Jassy said.
Ashish Mittal of Crisil Intelligence told ANI that grid connectivity, site location and water availability are the three major challenges for India's data centre expansion.
Nasscom Vice Chairperson Kishor Patil told ELIV 2026 in Baden-Baden that India and Europe must jointly develop AI-driven vehicle technology and target 23.1 million car sales by 2035.
Kim Hyung-joon says Samsung Electronics and SK hynix can use added DRAM capacity to regain share from Chinese makers like CXMT as the memory shortage runs 30-40%.
Bretton Woods Committee's Siddharth Tiwari says India's full-stack digital model, built on Aadhaar and UPI, offers lessons for about 100 countries lacking such capacity.
Foreign affairs expert Robinder Sachdeva said India's cautious approach to Starlink licensing has merit, citing Elon Musk's track record in Ukraine and risks of private control.
Russia's IT revenue hit 5.9 trillion roubles in the first half of 2026, Deputy Prime Minister Dmitry Grigorenko said, with 32,000 domestic software solutions registered.