JPMorgan’s $9B bet on AI: ‘Help us god,’ says CEO Jamie Dimon; why he’s worried

Spread the love       JPMorgan CEO Jamie Dimon is doubling down on tech spending, refusing to cut back despite a planned $9 billion increase by 2026. He stressed that falling behind in technology means losing to fintech rivals. While acknowledging competitive sensitivity, Dimon revealed their $2 billion AI investment is already breaking even, calling it just the beginning. Jamie Dimon is...

Mamata vs ED: Agency says ‘nothing seized’; HC disposes off TMC’s plea — what happened in court

Spread the love       NEW DELHI: The Calcutta high court on Wednesday disposed of a plea filed by the Trinamool Congress (TMC) seeking protection of its data following Enforcement Directorate (ED) raids at the office of political consultancy firm I-PAC and the residence of its director, Pratik Jain, last week. The decision came after the ED informed the court that it...

Inside edge, bowled: Ahmedabad déjà vu as Kohli’s dismissal mirrors 2023 WC final — Watch

Spread the love       Photo/Agencies Virat Kohli’s dismissal in the second ODI against New Zealand in Rajkot on Tuesday mirrored the manner in which he was out in the 2023 ODI World Cup final against Australia, with the batter again losing his stumps while trying to play a shot to a delivery close to his body. Kohli was batting on 23...

‘Under guise of Jihad’: Pak exposed again; LeT leader speaks on Kashmir – watch

Spread the love       Screen grab NEW DELHI: Lashkar-e-Taiba leader Abu Musa Kashmiri’s video issuing warning regarding the “Kashmir issue” has surfaced on social media. Musa said that he has personally told Pakistan’s prime minister and senior ministers that, in their view, the Kashmir issue can be addressed “only through terrorism carried out under the guise of ‘jihad,'” the post said....

Zuckerberg hired Wang for $14B, now they’re clashing: AI team in chaos; new boss moves in

Spread the love       Meta’s new structure reveals tension between Mark Zuckerberg and Alexandr Wang, the $14 billion AI recruit. Wang finds Zuckerberg’s micromanagement stifling, while staff question his leadership for Meta’s AI ambitions. A recent strategy clash highlighted differing priorities, with Wang pushing for cutting-edge AI over immediate product integration. Meta’s newest reporting structure is exposing something leadership has tried...

Kevin O’Leary’s big warning to US on China – Here’s what he said

Spread the love       Kevin O’Leary, a prominent Canadian investor, voices a concerning warning about the AI surge in America: it’s on a collision course with an energy crisis. He points out that while China’s energy infrastructure is evolving rapidly—with an impressive addition of 500 gigawatts—the U.S. has shockingly added ‘zero. Canadian billionaire investor Kevin O’Leary has raised alarm on America’s...

Parasakthi: Sudha Kongara on the ‘controversial’ Indira Gandhi scene in the film, says ‘had to make it interesting’

Parasakthi: Sudha Kongara on the ‘controversial’ Indira Gandhi scene in the film, says ‘had to make it interesting’

Spread the love      Parasakthi may have cleared the censor hurdle, but the film continues to remain embroiled in controversy. The Tamil Nadu Youth Congress has now demanded removal of certain scenes from the Sivakarthikeyan film which it alleges distort history, and are defamatory towards Congress leaders, including late Prime Minister Indira Gandhi. Now, director Sudha Kongara has addressed the controversy surrounding...

‘You’re exposed’: BJP sees red over Assam Cong’s now-deleted tweet; what sparked row?

Spread the love       File photo NEW DELHI: The Bharatiya Janata Party on Wednesday slammed the Assam Congress unit over its now-deleted Bihu post showing an AI-generated image of the state BJP headquarters on fire.The BJP Assam unit shared the screenshot and warned that deleting the post would not “nullify” what the grand old party was “trying to imply”. “Deleting the...

Jana Nayagan release date update: Supreme Court to hear CBFC plea for Vijay-starrer Jana Nayagan on January 15

Jana Nayagan release date update: Supreme Court to hear CBFC plea for Vijay-starrer Jana Nayagan on January 15

Spread the love       H Vinoth’s action thriller Jana Nayagan, starring Thalapathy Vijay, seems to be moving towards a potential release in the near future. The Supreme Court is all set to hear a plea filed by the makers challenging the Madras High Court order of putting a stay on the film’s clearance with the Central Board of Film Certification (CBFC)....

LinkedIn founder to Americans: Tariffs are terrible; urges tech CEOs to speak up

Spread the love       LinkedIn founder Reid Hoffman recently said that tariffs are “terrible” for Americans. Hoffman, who has been an outspoken critic of Trump administration, recently appeared on a Wired podcast where he highlighted several key decisions that he considers are “terrible”. “The way that ICE is operating is terrible for people. Tariffs are terrible for people. Anti-vaccination is terrible...

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