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Medial • 20d
🗞️ Medial Bulletin 🤖 AI & Automation • NVIDIA CEO Jensen Huang calls recent AI-led market panic overblown, saying long-term AI demand remains extremely strong. • AI is rapidly reshaping jobs in China, creating new professions, solo startups, and constant upskilling culture. • Early-stage AI founders enter a new accelerator cohort in India, focused on generative AI and automation tools. • Cerebras Systems raises $1 billion to scale next-gen AI hardware. 📉 Markets & Indian IT Stocks • Indian IT majors fall sharply after a new AI productivity tool launch sparked fears of disruption to outsourcing models. • Stocks of Infosys, Tata Consultancy Services, Wipro, and HCL Technologies saw heavy selling pressure. 🇮🇳 India Tech & Startups • Climate-tech startup Varaha raises $20 million to expand carbon removal and sustainability projects. • India prepares to host a major global AI and fintech summit, with delegates from over 20 countries. 🌍 Global Tech & Economy • Global markets swing wildly as investors rotate between tech stocks, gold, and crypto amid AI-driven uncertainty. Stay Updated. Stay Ahead with Medial.
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