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Lightmatter, a startup valued at $4.4 billion, on Monday released two pieces of technology aimed at speeding up the connections between artificial intelligence chips. Instead of moving information between computer chips as electrical signals, Lightmatter's technology uses optical connections and what are known as silicon photonics to move the information using light. Mountain View, California-based Lightmatter has raised $850 million in venture funding to date as such optical technologies have kicked off a wave of investments in Silicon Valley amid a search for better ways to string together chips to power chatbots, image generators and other AI applications.

Indian equities ended the financial year to March 31 on a positive note, but gains were modest against the previous fiscal year and compared with many other global markets. A wave of selling pressure from foreigners in the second-half of April-March eroded most of the gains, pushing indices to multi-month lows and denting overall sentiment. India, the world’s fifth-largest equity market in value, lagged behind more than six major global markets, including Hong Kong, Singapore, Germany, China, the UK, Taiwan and the US as foreign investors turned bearish on India on account of slowing growth concerns and expensive share valuations.

Subscribe to enjoy similar stories. New Delhi: A seismic shift is rocking India’s retail landscape, with several chief executives of high-profile companies jumping ship and docking with rivals, even as the industry grapples with slowing growth and evolving consumer behaviour that is moving towards value brands. From Levi Strauss & Co.

Alpha Wave Global — according to a release. However, the statement did not disclose the details of the deal. The announcement comes a day after Haldiram confirmed acquisition of a minority stake by Singapore-based global investment firm Temasek. The details of this deal were also not disclosed. «Haldirams, India's leading snack and food brand, is pleased to announce the addition of two new investors, IHC (International Holding Company) and Alpha Wave Global, to its ongoing equity round, following Temasek's recent participation,» the statement said.

Subscribe to enjoy similar stories. We’re just stepping into April but several parts of India are already suffering heat waves and abnormally high temperatures. As a result, hydration has become a hot topic earlier than usual.

Zhipu AI unveiled a free AI agent on Monday, joining a wave of similar launches in China's increasingly competitive AI market. The product, called AutoGLM Rumination, can perform deep research as well as tasks including web searches, travel planning, and research report writing, CEO Zhang Peng said at a lunch event in Beijing. The agent is powered by Zhipu's proprietary models, including its reasoning model GLM-Z1-Air and foundation model GLM-4-Air-0414. The company claims GLM-Z1-Air matches rival DeepSeek's R1 in performance while running up to eight times faster and requiring only one-thirtieth of the computing resources.

Early in the week, an Egyptian official described the proposal to The Associated Press, saying Hamas would release five living hostages, including an American-Israeli, from Gaza in return for Israel allowing aid into the territory and a weekslong pause in fighting. Israel would release hundreds of Palestinian prisoners. The official spoke on condition of anonymity because they were not authorized to brief media on the closed-door talks. On Saturday, the office of Israeli Prime Minister Benjamin Netanyahu gave no details about Israel's counter-proposal, which it said was offered after Netanyahu held consultations on Friday. Israel a week and a half ago ended its ceasefire with Hamas by launching a surprise wave of strikes that killed hundreds of people. The White House blamed Hamas for the renewed fighting. Israel has vowed to escalate the war until Hamas returns the 59 hostages it still holds — 24 of them believed to be alive. Israel also wants Hamas to give up power, disarm and send its leaders into exile. On Saturday, Israel widened its ground operations in Gaza's southern city of Rafah near the border with Egypt.

Subscribe to enjoy similar stories. Hero MotoCorp Ltd, the world’s largest two-wheeler manufacturer, is navigating rough terrain. A shrinking market share, a string of high-profile management exits, and struggles in the premium and electric vehicle (EV) segments have put India’s motorcycle giant on the defensive.

When Carol Geremia, president of Boston-based mutual fund company MFS, started in the business 40 years ago, the investing world was in a dark and different place.

Subscribe to enjoy similar stories. The sound of the sea was music—rock music. Hum, roll, crash, cymbal, hum, roll.

automakers tracked losses of their Wall Street counterparts following U.S. President Donald Trump's announcement of trade tariffs. As of 0017 GMT, the Nikkei was down 1.5% at 37,222.21.

General Motors and Ford. Trump unveiled on Wednesday his plan to implement a 25% tariff on imported cars and light trucks effective on April 3, while the duty on auto parts begins on May 3. Investors are also bracing for a wave of reciprocal tariffs Trump plans to unveil on Wednesday, although the president has hinted there may be room for flexibility. In a volatile session on Wall Street, General Motors tumbled over 7% and Ford slid 3.9%. Car parts manufacturers Aptiv and BorgWarner each lost around 5%. Tesla edged up 0.4%, with investors betting the electric vehicle maker will be hurt less by tariffs because of its largely domestic production. Apple added 1.05%, helping limit the S&P 500's loss. Trump's mercurial trade policies have created uncertainty on Wall Street, as investors fret over potential disruptions to supply chains, hampered investment, and the specter of inflation threatening global economic growth.

While established IT hubs such as Bengaluru, Pune, and Hyderabad continue to dominate, Nagpur is emerging as a formidable player in this digital revolution. Once considered a Tier-II city, Nagpur is now gaining traction as a center for AI-powered financial solutions, cloud computing, and fintech innovations. With a thriving IT ecosystem and increasing global investments, the city is leveraging GenAI to enhance customer experiences, drive automation, and accelerate digital transformation. Corpay Technologies: A catalyst for change in Nagpur’s tech landscape A significant contributor to this transformation is Corpay Technologies India Private Limited, a Global Capacity Centre (GCC) based in Nagpur. The company has been making waves internationally, reinforcing Nagpur’s position on the global IT map. Corpay Technologies India Private Limited is a part of Corpay Inc., a NASDAQ-listed company headquartered in Atlanta, Georgia, USA. Operating in over 150 countries, Corpay Inc. boasts an annual revenue of over $4 billion and an adjusted net income exceeding $1 billion, making it one of the global leaders in financial technology. Corpay has cemented its position as an industry leader across three core business verticals:

Speaking to Jimmy Fallon on The Tonight Show, Gates explained that while we currently rely on human specialists—such as doctors and teachers—the rise of AI will make expert-level knowledge widely accessible, affordable, and free. “Great medical advice, great tutoring—it will all become commonplace,” he predicted. In a separate conversation with Harvard professor Arthur Brooks, Gates doubled down on his belief that AI is ushering in a new era of “free intelligence.” From diagnosing diseases to personalizing education, he sees AI fundamentally reshaping our world at an alarming pace. “It’s very profound and even a little bit scary—because it’s happening very quickly, and there is no upper bound,” he warned.

India Meteorological Department (IMD) has issued a weather update predicting significant changes across various parts of India from March 25 to March 28. The forecast includes thunderstorms, rain, and lightning in several northern states due to the influence of a western disturbance that began on the night of March 24. From March 25 to 27, the states of Jammu and Kashmir, Himachal Pradesh, and Uttarakhand are expected to experience thunderstorms, rain, and even isolated snowfall. Jammu is likely to see heavy rainfall on March 26, while Kashmir may witness heavy rainfall and snowfall in certain areas. The IMD also warned of the possibility of heavy rainfall in Arunachal Pradesh on March 28 and 29, with snowfall likely in isolated pockets of the region.

Asian stocks rose early Tuesday after US equities enjoyed one of their best sessions of the year, fueled by signs that President Donald Trump’s trade sanctions will be narrower than feared. Indexes in Australia and Japan advanced after Wall Street’s risk-on bid lifted shares of nearly all stripes in a rebound from a sharp selloff that has challenged the notion of US exceptionalism. The Nasdaq 100 added 2.2%. Hong Kong stocks were poised to drop at the open. Treasuries were little changed in Asian trading following a nine basis point climb in the 10-year yield to 4.33% on Monday.

Data provided by many sectors reveal the increasing footprint of the «Buy Canadian» movement, because of US president Donald Trump's threats of taking over Canada and trade moves, such as the 25% tariff on most Canadian imports, according to The Globe and mail. From travel agents to distilleries, American companies are already experiencing the impact. Travel agencies claimed that bookings from Canada to the US are plummeting, while Canadian grocery store shoppers prefer more local products, as per the report.

Subscribe to enjoy similar stories. Consumer durable stocks, especially those dealing in cooling products, tend to rise ahead of summer, driven by expectations of stronger sales. This time, too, the early onset of summer and forecasts of above-average temperatures and heat waves make it even more special.

Subscribe to enjoy similar stories. Tiny, niche back offices for high-tech, specialised work are being set up by new-age companies in India at an increasing pace, a trend that experts believe has the potential to take the global capability centre (GCC) wave to the next level in the country. According to industry insiders, companies such as M31, d-Matrix, and MemryX, among several others, are increasingly setting up focused ‘nano’ GCCs in India.

Israeli strike killed a senior Hamas political leader in the Gaza Strip overnight, the militant group said early Sunday. Iran-backed rebels in Yemen who are allied with Hamas meanwhile launched another missile at Israel, setting off air raid sirens.