Jim Chanos Warns CoreWeave’s AI Moat Depends On Nvidia, Calls Neoclouds ‘Financial Conduits, Not Technology Companies’

Chanos said neocloud moats, like the one around CoreWeave, are “both dug and filled” by Nvidia. Jim Chanos said Nvidia has significant control over the neocloud business model because companies such as CoreWeave depend on Nvidia GPUs for the computing capacity they sell. He added that Nvidia could “breach or bypass” those moats whenever it … Read more

‘Cats Being Cats’: Viral Video Shows Tigers Turn Wet Glass Tunnel Into Giant Slide in China

Tigers at Luanchuan Bamboo Sea Wildlife Park in China found an unusual way to enjoy the wet weather after rain turned the surface of a 120-metre viewing tunnel slippery. Viral footage shows the big cats sliding down the muddy surface one after another, with one tiger crashing into another. The playful scene has amused social … Read more

Bengaluru Metro: CAG Flags ₹104 Crore Loss Over Lower Premium For IKEA Land Deal

A CAG audit has flagged a potential ₹104 crore revenue loss for BMRCL in its IKEA land deal near Nagasandra Metro Station. The audit also found ₹38.53 crore in lost lease income from vacant commercial spaces across 43 metro stations. The Bengaluru Metro Rail Corporation Limited (BMRCL) has come under scrutiny after a Comptroller and … Read more

Delhi University drops Delhi Sultanate paper from PG History syllabus

The University of Delhi has dropped several papers from its postgraduate History syllabus, including a decades-old core paper on the Delhi Sultanate. The number of elective options for Semester III has been reduced from 38 to 16, raising faculty concerns. The University of Delhi has dropped several long-running papers from the newly notified Semester III … Read more

Stifel Highlights This ‘Important’ Factor For Intuitive Machines Despite Q2 Earnings Miss – LUNR Stock Heads For Fourth Straight Session Of Gains

Stifel upgraded Intuitive Machines to ‘Buy’ from ‘Hold,’ highlighting the importance of the company’s backlog growth. The brokerage lowered its price target to $26 from $32, with the new level representing around 42% upside from current levels. Intuitive Machines ended the quarter ended June 30 with a record backlog of about $1.8 billion. According to … Read more

Reliance, Rolls-Royce to build indigenous AMCA fighter jet engine

Reliance Industries and Rolls-Royce will partner to design, develop, and manufacture an indigenous combat engine for India’s Advanced Medium Combat Aircraft (AMCA) programme. The collaboration aims to build self-reliance in critical defence tech. Reliance Industries Limited and Rolls-Royce have announced their strategic intent to partner on the design, development, manufacturing and delivery of a sovereign … Read more

SNDK Stock Primed For 5-Day Winning Streak – Wall Street Backs Margin Overhaul, Cash Return Strategy After Investor Day

The move followed SanDisk’s investor day, where the company outlined new financial targets for the next three years. JPMorgan initiated coverage with an ‘Overweight’ rating and a $2,250 price target. It said SanDisk is “uniquely positioned” to benefit from rising NAND demand tied to AI inference. Morgan Stanley was more cautious on whether the improvement … Read more

Class 5 Student Saves School Cook From Electric Grater Accident, CM DK Shivakumar Praises Courage

A Class 5 student in Bantwal, Dakshina Kannada, reportedly saved a school cook from a potentially serious injury after her finger got caught in an electric coconut grater. CM DK Shivakumar praised the boy’s quick thinking and courage. A Class 5 student’s quick thinking and presence of mind helped save a school cook from a … Read more