COST Financial News
29.01 / 09:39
markets
COST
CEO
Strategy
community
Experts
innovations
Ex-Intel CEO Pat Gelsinger shares 3 reasons why DeepSeek is a big learning lesson for us
DeepSeek's launch of its open-source AI reasoning model, R1, has sent shockwaves through the tech industry. In just a short time, it surpassed OpenAI’s ChatGPT in popularity on the App Store. The groundbreaking model’s performance and affordability have prompted strong reactions, including from Pat Gelsinger, former CEO of Intel. On X (formerly Twitter), Gelsinger shared his thoughts on R1’s impact, drawing lessons from computing history that he believes the AI community must embrace.
29.01 / 09:35
COST
Twitter
Software
Qualcomm
Features
Updates
Samsung Galaxy S24 gets cheaper by Rs 21,000 after S25 launch: Full details
Samsung launched the Galaxy S25 series last week and as expected, it has reduced the price of the Galaxy S24 models soon after. The S24 was launched in India at a starting price of Rs 74,999 for 8G/128GB. Now, it sells for Rs 64,999, a Rs 10,000 discount. Prices of the other variants have also been revised with the 8GB/256GB available for Rs 70,999 (previously Rs 79,999) and 8GB/512GB for Rs 82,999 (Rs 89,999 at launch).
29.01 / 09:11
markets
COST
UPS
Google
CEO
NVIDIA
reports
Elon Musk not convinced with China's DeepSeek that rattled the US tech market. His one-word reply is the proof
DeepSeek sent shockwaves with an AI model with capabilities rivalling the creations of Google and OpenAI. DeepSeek grabbed the giant global tech firms by the horns, which has surprised the worldwide markets. This breakthrough technology caused a significant drop in the market value of US chipmaker Nvidia, with over $500 billion wiped off its market cap on January 27, 2025.
29.01 / 09:11
markets
COST
Digital
security
wellness
Bill
performer
How advanced analytics and predictive logistics are driving stability in supply chains
pan-India logistics supply chain network can be daunting. For logistics firms covering first-mile pickup to last-mile deliveries while also offering reverse logistics (returns) and fulfilment services (warehousing), the challenge can be all the more formidable.
29.01 / 07:43
29.01 / 07:43
markets
COST
UPS
economy
President
reports
Fed likely to hold rates steady despite Trump call for cuts as it awaits tariff, immigration changes
President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged at its two-day policy meeting that ends Wednesday
29.01 / 07:43
29.01 / 07:09
markets
COST
Provident
Target
Food
shock
Growth, inflation, financial stability: It’s a season of major trade-offs for India’s policymakers
Subscribe to enjoy similar stories. For India, the January-March quarter is a critical period marked by major data releases (such as revised and advance GDP estimates), key policy decisions (the Union Budget and the last monetary policy review of the year), and significant documents (the Economic Survey). However, given an uncertain global environment and limited policy flexibility, the current quarter will also bring difficult trade-offs as policymakers strive to balance competing priorities.
29.01 / 07:07
markets
COST
Digital
Platform
security
Sustainability
innovations
budget 2025
Budget 2025-26: MSMEs’ digital integration is crucial to economic growth
DPI was acknowledged. This includes capacity-building programmes, technical assistance, and adequate funding support. The upcoming Union Budget for 2025-2026 offers a crucial chance to advance the priorities outlined in this agenda.
29.01 / 07:07
markets
COST
Digital
Strategy
PAM
country
OPEC+ will buckle under pressure from Trump who has history of bashing the oil cartel
Donald Trump has a decades-long history of bashing the Organization of the Petroleum Exporting Countries, starting with his 1987 book Trump: The Art of the Deal where he blamed the group for cripplingly high energy costs. Unsurprisingly, it only took him 72 hours after being sworn in to take aim at the cartel.
29.01 / 07:07
markets
COST
Digital
CEO
Strategy
PAM
Market reaction to DeepSeek is wrong: Intel CEO advocates cheaper AI, open source
Pat Gelsinger took to LinkedIn to cheer Chinese artificial intelligence (AI) DeepSeek, calling it «an incredible piece of engineering that will usher in greater adoption of AI». He added that the startup's overnight fame shows a reset within the industry towards open innovation.
29.01 / 04:41
COST
UPS
Target
Google
NVIDIA
Research
DeepSeek’s rise exposes Nvidia’s weakness
Subscribe to enjoy similar stories. DeepSeek’s dramatic rise exposes the greatest risk facing Nvidia: that the intense demand for its advanced chips could wane. Nvidia’s success as the computational arms dealer for the artificial-intelligence boom has made it a target for a host of rivals seeking to diminish its dominance.
29.01 / 00:39
markets
COST
CEO
Strategy
Experts
country
DeepSeek's fast rise sparks debate on Indian AI models
Deepseek, a large language model (LLM) trained at a fraction of the cost of its Western counterparts, has sent shockwaves through the global AI community leading to calls for India to build its own AI language models.
29.01 / 00:39
markets
COST
Digital
Strategy
PAM
social
DeepSeek puts focus back on AI foundation
DeepSeek-R1 last week, an open-source large language model (LLM) reportedly rivaling OpenAI’s top offerings, sending shockwaves through the industry and generating much excitement in the tech world. It apparently started as a side project at a Chinese hedge fund before being spun out.
29.01 / 00:39
29.01 / 00:39
markets
COST
Digital
Strategy
Research
Experts
PAM
ETtech Explainer: The story behind DeepSeek’s greener and leaner chatbot
Chinese AI startup DeepSeek’s cost-efficient technology propelled it to overnight fame leaving industry insiders, investors and competitors stunned by the sudden disruption. Here’s a look at the underlying technology.
29.01 / 00:27
markets
COST
CEO
Yellow
President
International
Trump hand forces hike in gold lease rates for Indian jeweller
Subscribe to enjoy similar stories. Jewellery makers in India may soon have to pay more to lease the yellow metal from banks, as US president Donald Trump's tariff rampage rattles intermediaries in the world bullion market. Authorized Indian banks importing gold from international banks such as JP Morgan, Citibank, HSBC and Standard Chartered on behalf of local jewellers are set to increase interest rates for so-called gold metal loans (GMLs), bankers and industry executives said.
28.01 / 22:05
COST
UPS
CEO
economy
NVIDIA
Steve Cohen says AI will be decadeslong theme, but Monday proves it won't be a 'straight line'
MIAMI BEACH, Fla. — Billionaire investor Steve Cohen is standing by his long-term bullish view of artificial intelligence despite the wild volatility recently, saying the transformational shift could take decades to realize.
28.01 / 16:35
markets
COST
Airlines
Strategy
PAM
testing
travelers
Get ready to travel anywhere in the world in just 4 hours for just $100
Supersonic flights may soon become a reality as not one, but two such aircraft are about to be tested in the US. While Boom Supersonic is set to demonstrate its XB-1 supersonic aircraft, NASA is also preparing to test its X-59 plane.
28.01 / 16:19
markets
COST
UPS
Provident
Aware
security
Despite industry demand, EV charging may not get infra status in budget
Subscribe to enjoy similar stories. New Delhi: Despite demands from the electric vehicle (EV) industry, the government may not grant 'infrastructure industry' status to the charging infrastructure sector in the upcoming budget on 1 February, two people aware of the development said.
28.01 / 15:59
COST
Food
Virus
outbreak
Department
Vaccines
Egg prices are soaring. Don't expect that to change anytime soon
It looks like grocery shoppers hoping for soaring egg prices to turn around are likely to be waiting a while
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