Large language models have a keen appetite for electricity. The energy used to train OpenAI’s gpt-4 model could have powered 50 American homes for a century. And as models get bigger, costs rise rapidly. By one estimate, today’s biggest models cost $100m to train; the next generation could cost $1bn, and the following one $10bn. … Read more
Buy or sell stocks today: Indian stock market indices Sensex and Nifty 50 closed relatively subdued on Thursday, September 19, compared to global and Asian indices, in response to the United States Federal Reserve’s (FED) rate cut on Wednesday. The Nifty 50 index closed 0.15 per cent higher at 25,415.80 points, compared to 25,377.55 points … Read more
To study at a British university, you need to show some money in your bank account as living expenses that you will need when you are there. The money needs to be deposited in a bank account for a 28-day period before you can apply for a UK visa. The money, as of now, stands … Read more
The Securities and Exchange Board of India (Sebi) on Thursday restrained Axis Capital Ltd (ACL) from taking up new assignments as a debt merchant banker till further orders. The Sebi’s interim order came amid allegations of ACL extending itself beyond the permissible activities as a merchant banker while dealing with the issue of listed non-convertible … Read more
Starting next month, mobile phone users will not receive any unapproved web links via SMS. The Telecom Regulatory Authority of India (TRAI) has recently announced that telecom operators must ensure that only whitelisted links are sent. The deadline for telecom operators to ensure this happened was supposed to expire on September 1, but it has … Read more
As geopolitical tensions escalate and stock market valuations reach lofty heights, global markets face an unsettling combination of risks. But India, buoyed by its robust growth engines, appears better positioned to weather the storm, according to Christopher Wood, global head of equity strategy at investment bank Jefferies. Speaking to a select group of journalists on … Read more
Achieving financial stability and prosperity involves more than just earning a good salary or making high returns on investments. It requires cultivating effective habits that align with your financial goals and help you manage your money wisely. In this article, we’ll explore essential habits that can enhance your financial life and set you on a … Read more
Union Commerce and Industry Minister Piyush Goyal on Wednesday launched an AI (artificial intelligence) and ML (machine learning) search tool that will help clear trademark applications at a faster pace and with greater efficiency. The minister said that AI will have to be accepted by all as it would help further promote ease of doing … Read more
Bitcoin News: The Federal Reserve has reduced interest rates for the first time since the early days of the COVID-19 pandemic, sending ripples through the cryptocurrency market. Bitcoin, the leading cryptocurrency, saw an uptick of about 3 percent in its value following the announcement on September 19, 2024. Bitcoin price record As of 9.08 am … Read more
Mint spoke to financial experts to help answer this critical question. When you’ve met your goal One of the most straightforward reasons to sell your mutual fund investments is that you have achieved your financial goal. Vishal Dhawan, a Sebi-registered investment advisor and founder & CEO of Plan Ahead Wealth Advisors, said it’s prudent to … Read more