Oil trades 1% lower after mixed storage data ahead of US Fed verdict; Brent crude at $73, faces resistance $75/bbl

Oil trades 1% lower after mixed storage data ahead of US Fed verdict; Brent crude at $73, faces resistance $75/bbl

Oil prices fell on Wednesday as the market cautiously awaited a rate cut announcement from the Federal Reserve, while investors digested a mixed crude and fuel storage report out of the United States. Brent crude futures for November lost 55 cents, or 0.8%, at $73.15 a barrel at 11:58 a.m. EDT (1558 GMT). U.S. crude … Read more

Researchers are figuring out how large language models work

Researchers are figuring out how large language models work

LLMs are built using a technique called deep learning, in which a network of billions of neurons, simulated in software and modelled on the structure of the human brain, is exposed to trillions of examples of something to discover inherent patterns. Trained on text strings, LLMs can hold conversations, generate text in a variety of … Read more

Sodhani Academy of Fintech Enablers IPO: Steps to check Allotment status, GMP as focus shifts to listing

Sodhani Academy of Fintech Enablers IPO: Steps to check Allotment status, GMP as focus shifts to listing

Sodhani Academy of Fintech Enablers IPO: As subscription for the allotment for initial public offering ended on 17 September, allotment is to be finalised soon. The proposed date for listing of Sodhani Academy of Fintech Enablers shares is Friday, 20 September 2024 on BSE SME . T The registrant for the Sodhani Academy of Fintech … Read more

Government increases PF withdrawal limit to ₹1 lakh, likely to hike salary ceiling: Report

Government increases PF withdrawal limit to ₹1 lakh, likely to hike salary ceiling: Report

Union Labour Minister Mansukh Mandaviya said on Tuesday that subscribers of the Employees’ Provident Fund Organisation (EPFO), the government-run retirement savings manager, can now withdraw up to ₹1 lakh at once from their accounts for personal financial needs, an increase from the previous limit of ₹50,000, according to report by Hindustan Times. The labor ministry … Read more

Reliance Power share price surges 5%. Here’s why

Reliance Power share price surges 5%. Here’s why

RPower Shares in focus: Reliance Power on September 17 announced the settlement of a massive ₹3,872.04 crore debt associated with its former subsidiary, Vidarbha Industries Power Limited (VIPL), as per an exchange filing. Reliance Power’s shares were trading up 5 per cent, at ₹32.97, on September 18, at 9:30 am, on the NSE. RPower stock … Read more

Experts launch global call for tough AI questions in ‘Humanity’s Last Exam’

Experts launch global call for tough AI questions in ‘Humanity’s Last Exam’

A team of technology experts issued a global call on Monday seeking the toughest questions to pose to artificial intelligence systems, which increasingly have handled popular benchmark tests like child’s play. Dubbed “Humanity’s Last Exam,” the project seeks to determine when expert-level AI has arrived. It aims to stay relevant even as capabilities advance in … Read more

Intel shares soar nearly 8% after multibillion-dollar chip deal with Amazon

Intel shares soar nearly 8% after multibillion-dollar chip deal with Amazon

Shares of Intel Corp. soared as much as 8 per cent on Tuesday after a chip-making deal with Amazon’s cloud business was announced. At 1:08 pm EDT, Intel shares were at $21.62, up $0.70 or 3.37 per cent. On Monday, Intel shares had gained 6.4 per cent. The deal provides some respite to Intel’s investors … Read more