Anthropic expects to spend at least USD 518 billion over the next decade to secure AI computing infrastructure from six partners, with about 80 per cent of the commitments either non-cancellable or payable regardless of usage, according to a Reuters…
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Rising crude oil prices, inflation and higher bond yields globally has narrowed Reserve Bank of India’s room to hold rates unchanged, a report said on Tuesday.
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US artificial intelligence developer Anthropic has warned investors of potential “existential risks to humanity” in the prospectus for its highly anticipated initial public offering of shares, The Financial Times reported Tuesday. The IPO, expected in the coming weeks, could value…
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The Indian rupee showed little change after reaching a two-month low in early trading. Crude oil prices significantly impacted the currency’s movement, leading to a brief decline. Dollar sales by state-run banks helped contain the rupee’s drop earlier in the…
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EverBrands India Ltd, which operates Subway restaurants, has filed draft papers for an initial public offering. The company aims to raise Rs 600 crore to support its expansion plans. Proceeds from the IPO will be used to repay borrowings and…
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Credit Saison India, a local non-bank lender, plans to boost its secured loan share to 30% by the end of March 2027. The company’s loan book has expanded to ₹25,000 crore, up from ₹19,000 crore a year ago. With 100…
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