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Alibaba reveals more powerful Zhenwu AI chip, new LLM

An Alibaba logo is displayed at the company’s booth at China International Fair for Trade in Services (CIFTIS) in Beijing, China, Sept. 10, 2025. Maxim Shemetov | Reuters CHONGQING, China — Alibaba announced Wednesday its new artificial intelligence chip would be three times as powerful as its predecessor, as rival Nvidia struggles to get its...
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‘Auto demand healthy despite rise in input cost’

NEW DELHI: India’s automotive industry is facing mounting pressure from rising commodity prices and global trade uncertainty, even as long-term demand and the shift towards electric mobility continue to support growth prospects, Assocham president Nirmal Minda said.He told TOI that raw material costs across plastics, aluminium and tungsten had increased sharply, putting pressure on manufacturers...
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Nordic leaders condemn Pahalgam attack

In a joint statement on Tuesday, PM Narendra Modi and Nordic leaders expressed concern over the Ukraine war, saying it continued to cause immense human suffering and have global consequences. “They will continue to support efforts towards the achievement of a comprehensive, just and lasting peace through dialogue and diplomacy, based on the principles of...
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HSBC’s 10 ‘forgotten gems’ for investors

Since the release of ChatGPT in late 2022, AI has been a dominant theme in global markets. Investors have piled into AI stocks, sending companies such as Nvidia , Intel , Samsung , TSMC and SK Hynix to dizzying levels. However, that has also led to concentration risk, particularly in Asia, with HSBC saying more...
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Rising yields impact states’ borrowing costs

MUMBAI: Six states raised a total of Rs 20,100 crore in the latest state development loan auction conducted by RBI on Tuesday, with weighted average yields ranging between 7.6% and 7.9% across tenures of 6 to 30 years. The results are in line with the rise in yields on central govt bonds where 10-year bond...
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17 properties with links to Abhishek under KMC lens

KOLKATA: ‘Shantiniketan’, at Harish Mukherjee Road where a notice was pasted Monday for alleged unauthorised construction, is among the 17 properties “owned or co-owned by Abhishek Banerjee, his company and family” that are under the scrutiny of Kolkata Municipal Corporation, an official of KMC said. Officials said notices under section 400(1) of the KMC Act,...
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