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BusinessPhoto: Jagran

China's AI Bubble Bursts, $480 Billion Lost in Four Months

China's artificial intelligence sector experienced a massive bubble burst, resulting in a loss of $480 billion over four months. The Chinese stock market faced turmoil with a significant drop in AI-related shares. Fitch warned that delayed benefits from AI could increase inequality in China. Overall, Chinese stocks have seen a $3.5 trillion decline, raising major concerns about the market's future.

Jagran·

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BusinessPhoto: HT Business

Anthropic Estimates $40 Trillion Market Opportunity Ahead of IPO

Anthropic, an artificial intelligence company, revealed in a Monday filing ahead of its planned IPO that it sees a potential $40 trillion annual market opportunity if it captures the entire demand. This estimate surpasses SpaceX's earlier $28.5 trillion market projection. The company did not explicitly state a total addressable market figure but highlighted the vast revenue potential in AI compared to other tech firms like Snowflake and Airbnb.

HT Business·

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SportsPhoto: TOI Sports

Bhuvneshwar Kumar Returns to Cricket After Four Years

Bhuvneshwar Kumar has returned to cricket after a four-year absence from the national team. He said he never actively chased the comeback, which helped him focus on his game. After the T20I series, he plans to play in domestic tournaments to evaluate future opportunities. He also praised Abhishek Sharma's impressive batting in a recent match.

TOI Sports·

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EntertainmentPhoto: HT Entertainment

Diljit Dosanjh's Delhi Concert to Have 2,000 Guards and Traffic Restrictions

Diljit Dosanjh's concert at Jawaharlal Nehru Stadium in Delhi on October 30 will feature around 2,000 private security guards, a no-car zone, traffic curbs, and a pedestrian-only area to address security concerns. The Delhi Police initially withheld permission but later approved the event after discussions. Organisers will also coordinate parking and cab services to manage crowds and traffic during the Aura India Tour kickoff.

HT Entertainment··Delhi

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WorldPhoto: News18Hi Business

Indian Railways Bans Mobile Charging for 6 Hours at Night in Trains

Indian Railways has instructed to keep mobile charging points in train coaches off for six hours at night to ensure passenger safety. This enforces a 2014 order strictly after incidents of power bank explosions during charging. Railway officials are directed to ensure compliance and conduct surprise inspections. Passengers are advised to charge their devices before night travel.

News18Hi Business·

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PoliticsPhoto: HT World

Trump and Talarico Hold Rival Rallies Miles Apart in Texas

In Lubbock, Texas, President Trump and Democratic Senate candidate James Talarico held competing rallies just three miles apart as part of their final campaign efforts before the midterm elections. Trump supported Republican Ken Paxton, warning against Talarico's policies, while Talarico criticized the political system and drew large crowds despite venue limits. Both aimed to secure voter support in West Texas.

HT World··Lubbock

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