Business

Nvidia Becomes First $5 Trillion Company

By BPN News Desk
Nvidia Corporation has reached a historic market valuation of $5 trillion, becoming the first publicly-listed company ever to hit this benchmark. The surge reflects strong investor confidence in Nvidia’s role at the heart of the global artificial-intelligence revolution. What’s Driving the Valuation The company’s dominance in design and supply of graphics-processing units
Technology

Qualcomm Unveils New AI Chips For Data Centres

By BPN News Desk
Qualcomm has announced two new artificial intelligence chips, the AI200 and AI250, as part of its push into the data-centre market. The launch marks a strategic shift for the company, which has traditionally been focused on smartphone processors. The news sent Qualcomm’s shares soaring by nearly 20% on October 27. Features Of The New Chips […]
Business

Facebook Takes 30% Stake In Reliance AI Venture

By BPN News Desk
Reliance Industries Limited (RIL) has formalised a joint venture with Meta Platforms’s subsidiary, Facebook Overseas, incorporating a new entity named Reliance Enterprise Intelligence Limited (REIL) on 24 October 2025. Under the amended joint-venture agreement, Reliance’s wholly owned subsidiary, Reliance Intelligence Limited, will hold 70% of REIL, while Facebook Overseas
Business

Google Lays Off 200+ Contractors behind Gemini AI

By BPN News Desk
Google has terminated more than 200 contractors who worked on its Gemini chatbot and AI Overviews feature. The trimmed workforce were employees of outsourcing firm GlobalLogic and its subcontractors—not directly on Google’s payroll. Roles & Cost The laid-off contractors were part of a group known as “super raters.” Many had advanced degrees and were responsible […]
Business

Oracle Shares Slip After AI-Driven Surge

By BPN News Desk
Oracle shares dropped about 5% on September 11, 2025, after a massive rally the previous day that pushed its market value close to $1 trillion. The prior day’s gains were driven by big cloud deals with AI companies, especially OpenAI. Big AI Deals The surge came after reports that Oracle secured a deal with OpenAI […]
Op-Eds Opinion

Global Tech Rotation, Not Foreign Plots: Explaining the FII Exit from Indian IT

By BPN News Desk
Indian equities—especially IT services—are facing outsized FII outflows and heavy index shorts, spawning a rumour that “foreign powers” are sabotaging the market. The evidence says otherwise: FY26 Q1 prints across Indian IT were soft; global consulting peers flagged cautious demand; and capital has rotated toward AI-infrastructure supply chains in Taiwan and Korea offering

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