{
}
Alphabet plans to invest $75 billion in 2025 to enhance its data center capacity and support AI initiatives, including the Gemini AI model, as announced by CEO Sundar Pichai. This investment is part of a broader industry trend, with total AI infrastructure spending expected to exceed $320 billion in 2025.Despite rising investor scrutiny and economic headwinds, Alphabet remains committed to its AI strategy, reflecting its belief in the technology's critical importance. However, trade tensions and inflationary pressures may complicate these ambitious infrastructure plans.
Hackers are embedding crypto address-swapping malware within Microsoft Office add-in bundles, posing significant security risks to users. This malicious tactic highlights the ongoing challenges in cybersecurity, particularly in widely used software applications. Vigilance and updated security measures are essential to combat such threats.
India is pushing for the localization of AI models to mitigate data leak risks and enhance data sovereignty, as part of the upcoming Digital Personal Data Protection Act. This initiative aims to bolster national security while fostering domestic AI capabilities, with a significant investment of ₹10,300 crore over five years. However, the strategy must balance innovation with the potential for technological isolation, as strict localization could hinder global competitiveness and deter foreign investment.
The AI sector has faced recent market turbulence, with significant declines in technology stocks due to trade tariff concerns and economic uncertainties. Despite this, UBS's Mark Haefele remains optimistic, highlighting that leading companies with advanced AI models are well-positioned for future growth and monetization.Haefele emphasizes that while low-cost AI models are emerging, large enterprises prioritize performance and security, favoring high-end models. He advises investors to seize opportunities in quality AI stocks and semiconductor companies amid current market volatility, as demand for advanced AI solutions is expected to grow.
Tesla vehicles have become cultural symbols amid CEO Elon Musk's controversial political involvement, particularly with the Trump administration. Owners express mixed feelings; some remain loyal for the brand's innovation, while others feel embarrassed by Musk's actions, reflecting a significant shift in the perception of Tesla ownership.
Thames Water has appointed the former finance director of British Gas as its new Chief Financial Officer. The company collaborates with 728 third-party vendors, utilizing cookies to enhance service delivery and personalize user experiences. Users can manage their cookie preferences through the provided options.
Microdramas, short vertical videos designed for smartphones, have surged in popularity in China, generating more revenue than box office films last year. This trend is now expanding into Southeast Asia, where local companies are beginning to produce original content, though they may face stiff competition from established Chinese firms.In other news, Microsoft has closed its AI lab in Shanghai, significantly reducing its operations in China after five years of supporting numerous projects and training thousands of professionals. Meanwhile, South Korean AI startup Wrtn has raised US$73.5 million in funding, and Foxconn plans to double its iPhone production in India to 30 million units by year-end.
OpenAI's current funding round, valued at $40 billion, risks a $10 billion cut unless the company transitions to a for-profit model by December 31. SoftBank's investment would decrease from $30 billion to $20 billion, while Microsoft and other investors are expected to maintain their commitments. The restructuring, which requires approval from Microsoft and the California Attorney General, faces legal challenges, including one from co-founder Elon Musk.
CoreWeave's shares surged over 18% on April 1 after a disappointing IPO debut, where the stock opened at $39 and closed at $40, below the initial price of $40. The company had previously lowered its IPO price from $47-$55 and reported a net loss of $863 million, despite a 737% revenue growth to $1.92 billion last year. With a market cap of $19 billion, CoreWeave competes with giants like Microsoft, Amazon, and Google.
Lloyds Banking Group has expanded its strategic partnership with Oracle to enhance its digital transformation through a multicloud infrastructure, migrating critical databases to Oracle Database@Azure. This hybrid approach combines Oracle's high-performance database services with Microsoft Azure, enabling faster innovation and improved customer experiences while ensuring compliance and operational resilience. The collaboration positions Lloyds as a leader in cloud adoption within the financial services sector, streamlining its technology transformation journey.
Microsoft Corp
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Alphabet plans 75 billion investment in AI and data centers by 2025
United States Dollar
Amazon.com, Inc.
Alphabet Inc.
Microsoft Corp
Google Inc.
USA
CHN
Sundar Pichai
Show more
05:50 10.04.2025
hackers embed crypto address-swapping malware in microsoft office add-ins
05:50 09.04.2025
India advances AI model localization to enhance data security and sovereignty
United States Dollar
Indian Rupee
Google Inc.
Microsoft Corp
OpenAI ERC USD
Amazon.com, Inc.
IND
CHN
Santo Krishnan
Show more
09:20 08.04.2025
AI leaders poised for growth despite market turbulence and economic uncertainties
10:01 03.04.2025
Tesla's Image Shift Amid Elon Musk's Political Controversies and Owner Reactions
United States Dollar
Amazon.com, Inc.
Microsoft Corp
Rivian Automotive, Inc.
Tesla, Inc.
USA
Jeff Bezos
Blake Lively
James Rodríguez
Shane Gillis
Richard Harris
Anthony Rodio
Ariana Grande
Barbara De Pamphilis
Elon Musk
Bill Gates
Elisabeth Baume-Schneider
Show more
07:30 03.04.2025
Thames Water appoints former British Gas finance director as new CFO
15:00 02.04.2025
microdramas surge in popularity as southeast asia embraces mobile video trend
United States Dollar
Foxconn Technology Co., Ltd.
Microsoft Corp
KOR
CHN
IND
Adrianto Djokosoetono
Show more
11:30 02.04.2025
OpenAI faces funding cut unless it transitions to for-profit model
United States Dollar
Microsoft Corp
Oracle AI USD
SoftBank Corp.
USA
Elon Musk
Sam Altman
Brad Lightcap
Show more
09:30 02.04.2025
CoreWeave shares rise 18 percent after rocky IPO debut
05:21 02.04.2025
lloyds banking group partners with oracle to enhance cloud capabilities
20:51 01.04.2025
Trending
Subcategory
Corporate News
Industry Trends
Stock Market Updates
Retail and Consumer Goods
Startups & Entrepreneurship
CEO Changes
Financial Scams and Security
Banking Regulations
Global Financial Events
Finance Mergers & Acquisitions
Market Analysis and Predictions
Industry Mergers & Acquisitions
Central Bank Actions
Hedge Funds & Private Equity
Workplace Trends
Global Trade Developments
Supply Chain Management
Government Economic Policies
Corporate Social Responsibility
AI Innovations
Countries:
Companies:
Wells Fargo & Company
The Goldman Sachs Group, Inc.
Tesla, Inc.
Barclays PLC
Bank of America Corporation
NatWest Group plc
Apple Inc.
JPMorgan Chase & Co.
Lloyds Banking Group plc
Mastercard Inc
Visa Inc.
Santander UK plc
Morgan Stanley
Mercedes-Benz Group AG
Amazon.com, Inc.
OpenAI ERC USD
Tiktok USD
DoorDash, Inc.
Deliveroo plc
Nissan Motor Co., Ltd.
Currencies:
United States Dollar
Chinese Yuan
British Pound Sterling
Euro
Swiss Franc
Japanese Yen
Indonesian Rupiah
Indian Rupee
Offshore Chinese Yuan
United Arab Emirates Dirham
Singapore Dollar
Qatari Riyal
South Korean Won
Jordanian Dinar
Brazilian Real
People: