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IBM Rolls Out Chips, Servers, Aims to Simplify AI

Mint New Delhi

|

July 09, 2025

International Business Machines on Tuesday announced a new line of data centre chips and servers that it says will be more power-efficient than rivals and will simplify the process of rolling out artificial intelligence in business operations.

- Reuters

IBM introduced its new Power11 chips on Tuesday, marking its first major update to its "Power" line of chips since 2020.

These chips have traditionally vied against offerings from Intel and Advanced Micro Devices in data centres, particularly in specialized sectors such as financial services, manufacturing and healthcare.

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Nvidia profits soar, soothing investor jitters over AI boom

Nvidia reported record sales and strong guidance Wednesday, helping soothe jitters about an artificial intelligence bubble that have reverberated in markets for the last week.

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ED seizes assets worth ₹1,452 cr in RCom loan fraud case

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CAG's move is aimed at overhauling India's public finance system.

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China, US activity rises in north Pacific

Five Chinese research vessels, including ships used for space and missile tracking and underwater mapping, were active in the northwest Pacific last month, as the US stepped up military exercises, data compiled by a Guam-based group shows.

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US's job additions surprise in Sep

US employers added a surprisingly solid 119,000 jobs in September, the government said, issuing a key economic report that had been delayed for seven weeks by the federal government shutdown.

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Ashok Leyland to expand truck range

Hinduja group flagship Ashok Leyland is gearing up to expand its diesel truck range as it remains optimistic for industry growth in the rest of the fiscal, according to company’s managing director and chief executive officer Shenu Agarwal.

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Carmakers tap EMs to shield exports amid China threat

Firms are increasingly using India as a cost-competitive manufacturing base and export hub

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2 mins

November 21, 2025

Mint New Delhi

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Street scales 13-month high as index heavyweights fire

November, showed NSDL data. As of Thursday, FPIs' cumulative net short index futures stood at 165,565 contracts. Covering a part of these can also take the Nifty and Sensex to new highs.

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Mint New Delhi

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Life of Vi: How India was able to avert a telco duopoly

But to capitalize on this potential, Vi needs capital. Large amounts of it. Vi has guided for ₹50,000-55,000 crore of capex in the near term, contingent on bank funding, which itself requires clarity on AGR.

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2 mins

November 21, 2025

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Lots of art and Christmas joy

A Mint guide to what's happening in and around the city

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