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ET Telecom News
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PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal
Motilal Oswal added that meeting these targets would require brands to increase production rapidly, supported not only by domestic demand but also by a sharp rise in exports. The brokerage believes Dixon has the brand-level scale needed to satisfy these conditions.
ET BrandEquity News
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New Zealand to introduce bill banning social media for children under 16
New Zealand to introduce bill banning social media for children under 16
ETCFO News
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NFRA flags 988 audit firms over Form NFRA 2 filing lapses
NFRA has flagged 988 audit firms of listed and unlisted companies that appear not to have filed or have filed incomplete Form NFRA 2 for the 2024 25 reporting period, with 947 firms in the non filing category and 41 firms having filed incomplete returns.
ETHRWorld News
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Anthropic hires Google chip veteran Amir Salek as part of push into hardware
AI firm Anthropic has hired a Google chip founder for its new semiconductor team. This move signals Anthropic's ambition to develop its own custom AI chips. The company is also securing significant data center capacity deals. Rival OpenAI is pursuing similar custom chip development strategies. These efforts aim to address supply shortages and optimize AI hardware.
ET CIO News
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AI data center boom drives massive demand for power infrastructure and backup generators
The rapid expansion of artificial intelligence is driving a surge in demand for data center power infrastructure. Generac is experiencing a considerable backlog for backup generators and is planning factory upgrades to meet this need. This trend is advantageous for suppliers throughout the manufacturing and industrial sectors. By 2030, the US market for data center electrical equipment is expected to double. Reliable electricity is essential for enhancing AI computing capabilities.
