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BusinessPhoto: ET TechInvestors are seeking proof that the AI boom can generate quick returns to justify its high valuation. Rising bond yields at AI cloud providers like CoreWeave and record insurance costs for Meta Platform's debt have raised concerns about funding the large AI infrastructure expansion, especially with looming higher US interest rates.
ET Tech·
Previous technological advancements primarily automated physical tasks performed by humans. However, the rise of artificial intelligence now poses a threat to automate decision-making processes, potentially transforming how choices are made across various sectors. This shift marks a significant change from earlier waves of technology that focused on muscle automation to a new era where cognitive functions may be increasingly handled by AI systems.
ThePrint·
Vivo has launched the Vivo Y600 smartphone featuring a massive 10000mAh battery, eliminating frequent charging worries. The phone supports 5G connectivity and includes a 1.5K AMOLED display along with a 50MP camera. This budget-friendly device aims to provide long battery life and good performance for users. It has been introduced in the Chinese market.
Gadgets 360 Hindi·
Silver prices have crashed again, falling by ₹2.26 lakh from recent highs, marking the lowest in 10 months. Gold prices also declined, with 24 and 22 carat gold rates dropping. Silver fell by ₹3,700 today, and gold decreased by ₹628 to ₹1.41 lakh. October has seen a total gold price drop of ₹7,000 so far, presenting a buying opportunity amid the price fall.
AajTak·
England's Harry Kane has won the Ballon d’Or, the prestigious football award, while Alexia Putellas received the women's Ballon d’Or. The awards recognize their outstanding performances in football. The announcement has sparked reactions from fans and sports figures, including Virat Kohli, who congratulated Kane on his achievement.
Al Jazeera·
Over the past 100 years, human height has changed significantly, with certain countries experiencing the greatest increases in average height. This data highlights how nutrition, health, and living conditions have influenced physical growth across different populations globally.
BBC·
ET Tech·
Photo: ET TechInvestors are seeking proof that the AI boom can generate quick returns to justify its high valuation. Rising bond yields at AI cloud providers like CoreWeave and record insurance costs for Meta Platform's debt have raised concerns about funding the large AI infrastructure expansion, especially with looming higher US interest rates.
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