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BusinessNvidia is promoting its AI chips as durable assets for long-term financing, aiming to use GPUs as collateral to support AI developers. However, Wall Street remains skeptical about the chips' lasting value, expressing concerns over depreciation and protections for lenders. This cautious stance challenges Nvidia's goal to make AI chips fungible financial assets.
Mint Companies·
BusinessIndia's Q2 FY27 IT earnings season begins on October 8 with TCS reporting first, followed by HCLTech, Wipro, Infosys, and Tech Mahindra. Investors will focus on revenue growth, deal wins, profit margins, AI demand, and dividend announcements as these major technology companies release their September-quarter results.
NDTV Business·
PoliticsThe White House has launched a $20 million advertising campaign featuring Donald Trump ahead of the midterm elections. Three ads have aired on major TV networks like CBS, CNN, Fox News, and MS NOW. The ads include favorable news audio clips about Trump. It is unclear if all ads will air on TV, digital platforms, or both.
TOI World·
WorldMore than 12 Omani pilots flew to Tel Aviv despite a ban on pilots from countries without diplomatic ties to Israel. Israeli passengers, the captain, and other pilots intervened to allow an emergency landing in Saudi Arabia. Most passengers were Israeli and later flown from Saudi Arabia to Israel. Oman and Israel have no diplomatic relations, and the ban was introduced after the 2020 Abraham Accords.
Times of India·
EntertainmentThe Kannada sci-fi film 'Lambodhara 2.0,' directed by Simple Suni, stars 'JIA,' a real humanoid robot created by Bengaluru-based Machani Robotics. The film is the first in India to use a physical robot in a lead role without CGI or prosthetics. Set in Bengaluru, it explores digital life challenges through a high-concept thriller featuring newcomers Anil Shetty and Sachi Bindra.
Deccan Herald··Bengaluru
HealthRani Vanvasi, a 20-year-old pregnant Dalit woman, gave birth on the roadside outside the government district hospital in Bhadohi on September 29. Her family alleges she was denied admission and timely treatment by hospital staff due to untouchability discrimination. The incident has sparked outrage over the hospital's refusal to admit her for delivery.
Hindu Health··Bhadohi
Mint Companies·
Nvidia is promoting its AI chips as durable assets for long-term financing, aiming to use GPUs as collateral to support AI developers. However, Wall Street remains skeptical about the chips' lasting value, expressing concerns over depreciation and protections for lenders. This cautious stance challenges Nvidia's goal to make AI chips fungible financial assets.
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