Overnight Russian attack triggers fires in Ukrainian capital Kyiv
Overnight Russian attack triggers fires in Ukrainian capital Kyiv
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The rupee fell 4 paise to 95.52 against the US dollar in early trade on Thursday, weighed down by surging crude oil prices after fresh tensions in West Asia rattled sentiments worldwide, raising fears of uncertainties over global trade. According to analysts, oil prices soared to their highest point in weeks after President…
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Is your AI paying off? Today, OpenAI CFO Sarah Friar published the scorecard she uses for telling whether you are actually getting economic value from AI spend. For years, software success was measured through adoption—seats, active users, and renewals, Friar notes. She argues that AI is different: it must be measured by the work it…
Jamie Dimon says JPMorgan has slashed 40% of jobs in some departments, thanks to AI
JPMorgan Chase CEO Jamie Dimon has repeatedly suggested that AI adoption would not drive widespread layoffs at the bank. But on Tuesday, he disclosed that JPMorgan had made significant cuts to a number of departments due to AI. Dimon shared the changes during the company’s latest earnings call, in response to a question about whether…
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Trading volumes in major defense contractors surged in the conflict’s opening days—rising for some as much as 140% above their average level during Trump’s second term—but the gains didn’t last. Northrop Grumman is now down over 30%, L3Harris Technologies has fallen over 20%, and Lockheed Martin has declined nearly 13%. Raytheon Technologies (RTX)—No. 49 on…
