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Billionaire Peter Thiel's family office has secured a prime office space in Miami's 830 Brickell tower. The lease is reportedly the most expensive in Miami-Dade County's history. This move signifies Thiel's growing business presence in South Florida, a region attracting wealth and companies from higher-tax states. Thiel Capital and Founders Fund have also expanded their Miami operations.
The move is aimed at making Indian debt markets more attractive to overseas investors while helping shield the economy from the effects of the continuing Iran conflict.
Google cofounders Larry Page and Sergey Brin each saw their fortunes drop by approximately $10 billion following Alphabet's announcement of an $80 billion stock sale. This massive fundraising aims to fuel the company's AI expansion amidst intensifying competition and projected significant capital expenditures. The market's reaction to the ambitious plan led to a sharp decline in Alphabet's share price.
AWS CEO Matt Garman countered predictions of AI-driven mass unemployment, stating that new job types will emerge requiring workers to adapt and learn different skills. He acknowledged that while AI can automate tasks, this efficiency will free up human capital for new initiatives, ultimately increasing overall productivity and value creation.
Emerging talent Madhav Tiwari, a 22-year-old from Madhya Pradesh, made a significant Indian Premier League debut for Delhi Capitals in 2026 season, showcasing his all-round abilities with both bat and ball. Despite limited prior experience, Tiwari impressed by taking crucial wickets and playing a match-winning cameo, fueling his ambition to represent India.
Foreign firms are increasingly cashing out of India's booming IPO market, pocketing billions instead of raising capital for expansion. Recent listings, including major players like Hyundai and LG, saw over $5 billion flow overseas. This trend, driven by high valuations, raises concerns about capital outflows and the rupee's stability, with policymakers questioning IPOs as exit routes.
Annamalai has been camping in Delhi since Monday, where he met Union home minister Amit Shah, BJP national president Nitin Nabin and national organizational general secretary B L Santhosh to convey his decision to quit the party. Sources said he has extended his stay in the national capital to meet Prime Minister Narendra Modi.
India spinner Kuldeep Yadav says he is fully focused on Test cricket ahead of the one-off Afghanistan Test. After Delhi Capitals' early IPL exit, he used the extra time to prepare for red-ball cricket, admitting the transition from T20s is “tough.” With Ravindra Jadeja and Axar Patel rested, Kuldeep will lead the spin attack and has backed youngsters Harsh Dubey and Manav Suthar to perform well.
Global investors are showing strong confidence in India's future. Union Minister Piyush Goyal stated that India is set to be the world's fastest-growing economy for more than twenty years. Companies like Hyundai and JCB have seen significant returns by investing in India. The nation is becoming a manufacturing hub, serving both its large domestic market and global customers.
Alphabet has secured a massive $45 billion equity offering, with Warren Buffett's Berkshire Hathaway leading with a $10 billion investment. This substantial capital infusion is earmarked for bolstering Google's AI compute infrastructure, a critical area identified by CEO Sundar Pichai. The company anticipates a total of $85 billion for this AI build-out, underscoring its strategic focus on artificial intelligence.
The Union Cabinet has recommended an ordinance to ease tax rules for foreign investors in certain securities, aiming to strengthen the rupee. This move follows significant foreign portfolio investor withdrawals and addresses concerns raised by FPIs regarding capital gains and securities transaction taxes.
Google is planning a historic $80 billion equity capital markets transaction to fund its significant investments in artificial intelligence infrastructure. This massive fundraising effort includes a $40 billion at-the-market offering and a $10 billion private placement with Berkshire Hathaway, aiming to bolster its AI capabilities amidst fierce industry competition.
Despite its age, COBOL remains the critical backbone of the global financial system, handling trillions daily. As its original developers retire, a severe shortage of skilled programmers has emerged, leading to astronomical salaries for those who can maintain the ancient code. Young developers are now capitalizing on this scarcity, while institutions explore AI solutions to bridge the gap.
Nvidia CEO Jensen Huang's reputation as a street-food influencer grew with a playful bathroom wall note at Taipei's Raohe Street Night Market. His global culinary trail, from Vietnam to the U.S., highlights his enduring connection to local food scenes. Meanwhile, Huang also addressed AI's impact on jobs, dismissing the notion of widespread layoffs as a 'lazy' narrative.
Delhi Police's Special Cell arrested nine terrorists linked to Pakistan's ISI and the Mumbai underworld, who were planning attacks on vital installations and security personnel in the capital. This operation follows a significant overhaul of Delhi Police's counter-terrorism framework, including the establishment of dedicated Counter-Terror Units in every police station to enhance intelligence gathering and threat identification.
A special flight carrying Karnataka leader Siddaramaiah and several other Congress dignitaries was diverted to Jaipur due to adverse weather in Delhi. The group was en route to the capital for a meeting with the party high command following Siddaramaiah's resignation.