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OpenAI partners with Foxconn to design hardware for AI data centres

Hon Hai, also known as Foxconn, will co-design and develop data centre server racks with OpenAI, and work to ensure such racks can be manufactured across the US

White House urges Congress to block bill curbing Nvidia's China chip sales

Nvidia, which has lobbied relentlessly for greater access to the world's biggest market for semiconductors, is not out of the woods yet

OpenAI's rise pushes banks to expand equity research into private markets

The banks are aiming to capture the potential impact of unlisted competitors of the stocks they follow, as well as to sate a relentless investor appetite for insights into their performance

US adds 119,000 jobs in September as unemployment rate climbs to 4.4%

Nonfarm payrolls increased 119,000 after the prior month was revised to a decline, according to Bureau of Labor Statistics data out Thursday

India's chipmaking to be at par with major producers by 2032: Vaishnaw

The world's most populous nation has used a $10 billion fund to fuel its chip programme, helping to bring about several assembly, packaging and testing ventures

Here's why Pakistan may regret letting army back at the centre of power

The 'establishment', Pakistanis' euphemism for their powerful military and the industries and organisations it controls has held a large share of power since its first decade as an independent nation

Muthoot Finance turns India's gold obsession into soaring family fortune

Their family-run gold-loan business is surging as consumers tap rising bullion prices for quick cash, driving the firm's stock to a record and lifting the Muthoot family's wealth to new heights

Turkey wins bid to host COP31 in Antalya following agreement with Australia

Although a formal sign-off is still needed, Flasberth said there was no opposition within a group of countries needed to back the decision

Paramount, Comcast and Netflix weigh bids as deadline nears for Warner Bros

Warner Bros. said it would evaluate strategic options last month after receiving interest in all or part of the business from multiple suitors. The first round of bids are expected today

Asia's currency-defence war chest soars to $8 trn boosting stability

The major central banks in the region have added more than $400 billion to their reserves this year, with 11 of the largest monetary authorities now having a stockpile of close to $8 trillion

Trump to unveil 'Genesis Mission' to boost US AI efforts, says official

On Tuesday, Trump called on lawmakers to pass a federal standard governing artificial intelligence either in an upcoming defence spending bill or as standalone legislation

Harvard launches new probe into Epstein links after Summers email uproar

Through a spokesperson, Summers declined to comment on Harvard's new investigation, which was reported earlier by the Harvard Crimson

Nvidia earnings test a market jittery over soaring AI investment bets

The risk is that these numbers could become unreliable if the big AI spenders, in particular closely held OpenAI, have to pull back on their commitments

India may raise Saudi oil purchases after pulling away from Russian crude

A modest rise in Saudi imports leaves India facing a sizable shortfall as it cuts back on Russian crude

RBI's inflation model under fire as persistent overestimates draw scrutiny

The central bank's inflation miss in the first three months of the year was 0.7 percentage points - the biggest gap in almost six years, and well above economists' projections

US apologised over ICE raid on battery factory, says Hyundai CEO

The September incident, which saw federal agents detain 475 workers, mostly Korean, at a Hyundai-LG Energy Solution Ltd. facility, was a "bad surprise," Muñoz said

Musk returns to White House as tensions with Trump ease after earlier rift

Musk was invited as a guest for a gala dinner to honour Saudi Crown Prince Mohammed bin Salman, one of many business titans invited including Tim Cook

Trump signals he has identified his pick for next Federal Reserve chair

The president has publicly mused about the decision, praising candidates on the list, but has been coy about suggesting whether he's leaning toward any particular candidate

Trump seeks to revive suit accusing Hillary Clinton of Russia conspiracy

The suit alleged that Clinton violated the federal racketeering law by conspiring to taint Trump's 2016 campaign with false claims that he was "colluding with a hostile foreign sovereignty

US faces blackout risks this winter as data centres drive up power demand

Power consumption has grown 20 gigawatts from the previous winter, the North American Electric Reliability Corp. said Tuesday in its winter assessment