The dark side of AI weighs on the stock market

A washout hit software stocks as Wall Street realised the threat from artificial intelligence had arrived. New tools from a San Francisco startup triggered a sudden reckoning, pushing investors to sell. The sell-off dragged the broader market lower, briefly turning the S&P 500 negative for the year this past week.

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Fractal Analytics mobilises Rs 1,248 crore from anchor investors; IPO to open on February 9

Fractal Analytics on Friday garnered Rs 1,248.26 crore from anchor investors, days before the opening of its initial public offering (IPO). The anchor book saw broad-based participation from a mix of leading domestic and global institutional investors, reflecting robust demand for the issue.

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Scroll, spot, buy: Why fashion and lifestyle shopping is growing on Instagram

For many Gen Z shoppers in their early 20s, shopping via a social media ad while scrolling through the feed is most natural, with impulse purchases offering both retail therapy and instant gratification.

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What is Frontier: The next big enterprise bet from OpenAI?

OpenAI is launching a new service called Frontier. This platform will help companies create and manage artificial intelligence agents. These AI tools can perform specific tasks. This move puts OpenAI in direct competition with rival Anthropic. Both companies are also preparing for public offerings and will run competing advertisements during the Super Bowl.

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Ride-hailing gig worker unions call for strike on February 7

A group of unions representing gig workers operating with ride-hailing companies like Uber, Ola and Rapido have called for a strike on Saturday, February 7.

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Apple sets up first Education Hub in India in Bengaluru

Apple has set up an education hub in Bengaluru – its first in India and fourth globally – to offer skill-building and training programmes as well as its suite of development courses to its suppliers’ employees.

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Social media groups face European backlash as Spain, Greece weigh teen bans

Spain and Greece on Tuesday proposed bans ⁠on social media use by teenagers as attitudes hardened in Europe against technology some say is designed to be addictive and which can expose children to harmful content.

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AI plan collides with funding reality as budget halves outlay

The budget decision to halve allocation for the IndiaAI Mission to Rs 1,000 crore in 2026-27 from Rs 2,000 crore this fiscal year has raised concerns over the country’s AI push, even as officials said it’s part of a deliberate strategy. Experts said building meaningful artificial intelligence capacity will require significantly higher and more sustained public investment, and warned that India risks falling behind in the global AI race if government funding does not scale up.

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Oracle rises as $50 billion raise eases data-center funding fears

Oracle shares gained 2.5% on Monday after Wall Street analysts said the software company's $50 ‍billion fundraising plan allays worries over ​its ability to finance a massive data-center expansion with OpenAI.

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Building India’s growth through MSMEs and technology: Vidit Aatrey

Vidit Aatrey, founder and CEO of Meesho, said that the Budget reflects a quiet but important shift in India’s growth story, one that backs MSMEs, women entrepreneurs and manufacturers with patient capital and modern infrastructure.

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X down for thousands of US users, Downdetector data finds

There were ​more than ​19,281 reports of ‌issues ‍with ‍the social media platform formerly ‌known as Twitter, as of 11:19 a.m. ET, according ‍to Downdetector, which tracks ‍outages by ⁠collating ⁠status reports from a number of sources.

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