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Why AI is needed in the energy sector

The artificial intelligence (AI) race is intensifying as companies push to develop high-performance models, with Alibaba (BABA) unveiling a new AI model that may rival DeepSeek. This surge in competition is influencing various industries, including energy. Amir Orad, CEO of Kraken, a company that provides AI-powered operating systems for energy utilities, joins Catalysts hosts Madison […]

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India’s IT sector should overhaul business, create own language models, HCLTech CEO says

By Haripriya Suresh and Akash Sriram MUMBAI (Reuters) – Indian IT firms need to rethink how they operate and the country needs to create its own language models as artificial intelligence technologies disrupt the sector, according to HCLTech CEO C Vijayakumar. The generative AI boom has threatened to disrupt business models for Indian IT companies […]

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If Elon Musk Can Fire Hundreds Of Thousands Of Federal Employees, Imagine What He’ll Do To Private Sector Workers

Bernie Sanders Warns: If Elon Musk Can Fire Hundreds Of Thousands Of Federal Employees, Imagine What He’ll Do To Private Sector Workers Bernie Sanders (I-VT) has a warning for workers across America: If Elon Musk can fire hundreds of thousands of federal employees without cause, private sector workers could be next. In a recent post […]

Business & Finance

South Korea GDP misses estimates as weak consumption, construction sector drive growth to 6-quarter low

The Seoul skyline. Mongkol Chuewong | Moment | Getty Images South Korea’s fourth-quarter GDP missed estimates Thursday, with weakness in consumption and the construction sector driving growth to a six-quarter low of 1.2%, year on year. Advance figures missed the 1.4% expansion expected by economists polled by Reuters, and the growth was also softer compared […]

Business & Finance

How Long Will US Energy Sector, And Government, Survive A High Dollar

WILLISTON, ND – JULY 23: Scott Berreth, a derrick hand for Raven Drilling, drills for oil in the … [+] Bakken shale formation on July 23, 2013 outside Watford City, North Dakota. (Photo by Andrew Burton/Getty Images) Getty Images Major US stakeholders historically loved a strong dollar. Consumers, whether in households or corporations, have arguably […]

Business & Finance

India may have fastest growing e-commerce sector

Investors may want to consider adding exposure to the world’s second-largest emerging market. According to EMQQ Global founder Kevin Carter, India’s technology sector is extremely attractive right now. “It’s the tip of the spear of growth [in e-commerce] … not just in emerging markets, but on the planet,” Carter told CNBC’s “ETF Edge” this week. His […]

Business & Finance

Safran warns of Trump tariff hit to aerospace sector

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Safran warned that a US rift with China would hit the global aerospace market, as shares in the French jet engine maker dropped 5 per cent on the back of lacklustre mid-range targets. Chief executive […]