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Category: SRN News

India’s proxy AI trade shines in a bleak year for stocks

By Vivek Kumar M Oct 14 (Reuters) – A handful of Indian stocks seen as proxies for the global artificial intelligence boom have surged this year even as the broader market, which has few listed AI beneficiaries, has struggled. India’s benchmark Nifty 50 index has…

VinFast-linked taxi operator GSM launches US service in Los Angeles

HANOI, Oct 14 (Reuters) – Vietnamese electric taxi operator Green and Smart Mobility (GSM), a partner of VinFast said on Wednesday it launched its all-electric ride-hailing and taxi service in Los Angeles, marking its first entry into North America as the company seeks to expand…

Nvidia pledges $250 million to boost UK AI safety research

Oct 14 (Reuters) – US-chipmaker Nvidia said on Wednesday it would donate computing resources valued at $250 million over five years to support agentic AI safety and security research in the United Kingdom. The commitment provides $50 million in compute access annually, with a portion…

South Korea finds hacking incidents at total of 16 financial firms

SEOUL, Oct 14 (Reuters) – South Korea has found hacking incidents at a total of 16 financial firms and around 100,000 cases of data leaks so far, the country’s financial regulator said on Wednesday. Financial authorities are conducting an in-depth investigation into hacking methods to…

LSEG taps Nvidia for faster historical market data processing

Oct 14 (Reuters) – The London Stock Exchange Group said on Wednesday it has partnered with Nvidia to help financial institutions process and analyse large volumes of historical market data faster and at scale using the US chipmaker’s technology. LSEG, which operates the London Stock Exchange…

Pressured at home, EU leaders weigh China trade steps

By Philip Blenkinsop BRUSSELS, Oct 14 (Reuters) – European leaders gather in Brussels on Thursday to weigh up the future of trading ties with China, whose surging exports of cars and other manufactured goods are threatening to harm local industry and cause mass layoffs across…

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