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AI will take off in India with PM Modi's vision: Nandan Nilekani
newsable_asianetnews50d ago

AI will take off in India with PM Modi's vision: Nandan Nilekani

Infosys' Nandan Nilekani praised the AI Impact Summit, highlighting PM Modi's vision for using AI to benefit common citizens. He cited the rapid implementation of an AI application for Amul's dairy farmers as proof of India's potential to lead.

#TECH
Chip startup Taalas raises $169 million to help build AI chips to take on Nvidia
startupnews50d ago

Chip startup Taalas raises $169 million to help build AI chips to take on Nvidia

Toronto-based chip startup Taalas said on Thursday it had raised $169 million and said it has developed a chip capable of running artificial intelligence applications faster and more cheaply than conventional approaches. Taalas’ announcement arrives weeks after Nvidia‘s Christmas Eve deal to license intellectual property from chip startup Groq for $20 billion, which reignited interest [...]

#TECH
Hims & Hers Acquires Australian Digital Health Eucalyptus for Up to $1.15B
hitconsultant50d ago

Hims & Hers Acquires Australian Digital Health Eucalyptus for Up to $1.15B

What You Should Know The Deal: Hims & Hers Health, Inc. has entered into a definitive agreement to acquire Eucalyptus , an international digital health company, in a transaction valued at up to $1.15 billion. The Target: Eucalyptus is a powerhouse in the Australian market and operates consumer brands like Juniper and Pilot. The company ... Read More

#STOCKS
globenewswire_fr50d ago

2026 Congratulations Set Available on February 26

WASHINGTON, D.C., Feb. 19, 2026 (GLOBE NEWSWIRE) -- The 2026 United States Mint (Mint) Congratulations Set (product code 26RF) will be available for purchase beginning on February 26, 2026, at noon EST. The set is priced at $175. Production is limited to 60,000 sets, and orders are limited to one set per household for the first 24 hours.

#COMMODITIES
Azerbaijan Caught in the Crossfire as EU Targets Black Sea Oil Hub
oilprice50d ago

Azerbaijan Caught in the Crossfire as EU Targets Black Sea Oil Hub

Georgia’s Black Sea port of Kulevi, a hub for Black Sea oil shipments, may soon face European Union sanctions over allegations that the Georgian government has used it to help Russia move crude needed to finance its war in Ukraine. The potential sanctions place Azerbaijan, whose state-controlled energy entity SOCAR owns an oil terminal in Kulevi, in a tough spot. According to RFE/RL, which obtained a draft of the EU’s upcoming 20th sanctions package, the bloc is considering banning transactions with four ports allegedly used...

#ECONOMY