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artificial intelligence spending. Shares in Japan started the day higher but benchmarks in Australia and Korea slipped. The MSCI Asia Pacific index was flat. The tepid open for Asian markets came after the S&P 500 rose 0.6% on Wednesday, putting the index close to an all-time high.

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Here's breaking down the pre-market actions:

Vivek Ramaswamy announced his departure from the Department of Government Efficiency (DOGE) just 69 days after being named co-head alongside tech billionaire Elon Musk. A recent report suggests it was Musk who pushed for Ramaswamy’s removal.

Elon Musk and OpenAI CEO Sam Altman has erupted over Stargate, a new artificial intelligence infrastructure project. President Trump announced the project on Tuesday, describing it as a joint venture between OpenAI, Oracle, and SoftBank with a potential investment of up to $500 billion. Stargate aims to construct data centers and power generation for AI development.

OTTAWA — While U.S. President Donald Trump‘s threat to impose tariffs on Canada is alarming enough, other measures he announced Monday after his inauguration could have their own implications for Canada.

The rally in Canadian bank equities is at risk from a potential trade war that would quickly cause a surge in unemployment and loan defaults, analysts at National Bank of Canada said.

venture capital community has urged the government to rationalise the tax policies covering employee stock ownership plans (Esops) in the upcoming budget to avoid double taxation.

Digital payment companies are facing three big challenges--a shrinking revenue pie, increased regulatory scrutiny and increasing competition.

Dixon Technologies and Tata Electronics.

India's defence spending for the financial year 2025-26 is expected to stabilise around 1.9 to 2 per cent of GDP, consistent with recent years. While this offers financial stability, it may not be enough to counter escalating external threats. At the 21st Subroto Mukerjee Seminar, Defence Secretary Rajesh Kumar Singh highlighted the importance of prioritising resource allocation rather than increasing funds, noting that the current budget already stretches the absorptive capacity of domestic industries.

Norges Bank Investment Management, the world's largest sovereign wealth fund. In India, it has over $30 billion parked in companies ranging from HDFC Bank, Reliance, ICICI Bank, Airtel, Infosys and TCS to Zomato, Nykaa and DMart. The CEO of the largest single investor in the world also hosts the popular In Good Company podcast with global industry leaders. A former chef, Russian translator and intelligence man, Tangen told Arijit Barman in an interview in Davos that the world is in the grip of unprecedented volatility. Edited excerpts: Nearly a third of your assets are in Europe. With Europe slowing and generating poor returns, are you looking to diversify even more in the US, Asia, maybe India, a lot more than before? We are linked to indices. So when the value of a market increases, we typically park more money there. We now have more than 50% of our $1.7 trillion in the US. With India becoming more important, the value of our Indian investments has also gone up. We have roughly 1.8% of our fund now in India. With more than $30 billion invested in India-double of what we did five-eight years ago-both China and India exposure is not too dissimilar. Our portfolio is predominantly public markets but we have some fixed-income assets too. Our biggest holding in India is HDFC Bank, number 2 is Reliance.

were going towards building artificial intelligence infrastructure in the United States. The 'Stargate Project,' backed by top tech giants, will be a new company that intends to invest $500 billion over the next four years building new AI infrastructure in the US. This project is not only aimed at supporting the re-industrialisation of the United States but also to provide a strategic capability to protect the national security of America and its allies, OpenAI said. Here's why this is important:

industrial robotics startup Ati Motors has raised $20 million in a Series B funding round led by Walden Catalyst Ventures and NGP Capital.

systematic investment plan (SIP) of ₹ 250, calling it a sachetised mutual fund product.

Subscribe to enjoy similar stories. The Nifty and the Sensex experienced a rise, driven by HDFC Bank's solid third-quarter results, which uplifted market sentiment. However, the overall optimism was curbed by declines in energy, metal, and state-run bank stocks.

Subscribe to enjoy similar stories. Donald Trump has announced a $500-billion venture called Stargate (the name is inspired by sci-fi) to build AI-focused data centres and other infrastructure in the US. The aim is to lead in AI, create 100,000 jobs, and outpace China.

Subscribe to enjoy similar stories. “Time is what keeps everything from happening at once," noted author Ray Cummings.

Subscribe to enjoy similar stories. As India celebrates over 75 years of independence, a significant challenge continues to hinder the progress of our democracy: the inability of the justice system to deliver timely justice. The numbers are staggering—over 5 crore cases are pending in courts across the country, with many taking 15-20 years to reach resolution.