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Why India's Big Tech Companies Are Betting on Hyderabad
Bloomberg4d agoneutralVIDEO
Why India's Big Tech Companies Are Betting on Hyderabad

Hyderabad has spent decades building the talent, infrastructure and business climate to compete with Bangalore, attracting major tech firms while becoming a hub for life sciences. But AI now threatens some of the lower-cost IT work that helped fuel its rise. The test is whether Hyderabad can use its talent base to move from supporting global innovation to creating more of its own. This version corrects a map of India.

Investing.com4d agoneutral
AI risk debate: Existential threat or dangerous tool?

Investing.com -- Concerns about artificial intelligence are shifting from hypothetical extinction scenarios toward evidence that increasingly capable models can already be used for weapons development and cyber operations, according to Yardeni Research.

Investing.com5d agoneutral
How AI concerns moved to the center of the midterm debate

Investing.com -- Artificial intelligence infrastructure has become a politically charged issue ahead of the November U.S. midterm elections, but growing opposition to data centers has yet to materially weaken the construction pipeline, according to Citi.

Traders Wary Of Rising AI Risks: Market Snapshot
Bloomberg6d agoneutralVIDEO
Traders Wary Of Rising AI Risks: Market Snapshot

The global debate over artificial intelligence risks entered a new phase this week amid clashing views from tech executives over whether frontier labs should slow the development of the technology. Leaders of Anthropic, OpenAI, SpaceX and Google DeepMind put forward the need for self-regulation checks on growth that give AI models more control. Meanwhile, Microsoft, Amazon and Meta said they're developing tools to check, control and regulate AI risks as US President Donald Trump called the alerts a "hoax". The call for caution saw a rotation out of tech stocks at the start of the week as investors questioned whether there's a need to reprice the pace of the booming AI buildout.

Amazon enters AI safety fray, calls for "rigorous testing," safeguards
Reuters7d agoneutral
Amazon enters AI safety fray, calls for "rigorous testing," safeguards

SAN FRANCISCO, Sept 17 (Reuters) - Amazon weighed in on the artificial intelligence safety debate roiling Silicon Valley, saying AI labs should ensure models are released only when they are safe and fully ‌tested, but stopped short of calling for an industry slowdown. “"We don't see it as a choice between ‌progress and safety,” a spokesperson for the Seattle firm told Reuters.

Generac Up on Amazon Agreement; Coreweave Kicks Off Fundraising | Stock Movers
Bloomberg7d agoneutralVIDEO
Generac Up on Amazon Agreement; Coreweave Kicks Off Fundraising | Stock Movers

On this episode of Stock Movers: - Generac (GNRC) shares are jumping after the company and Amazon execute a long-term supply agreement, with initial deliveries of backup generators expected to total $2.4b in 2027, 2028. - CoreWeave (CRWV) is the most actively traded stock in the premarket as it kicked off a fresh round of fundraising that includes a $3 billion convertible bond issue and a vehicle for potential share sales. - Lockheed Martin (LMT) shares are moving on news the Pentagon and Lockheed Martin have struck a framework agreement for a multi-year production contract for the Joint Advanced Tactical Missile, or JATM.