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Latest: Fintech News

India’s Tougher Rules on AI in Social Media Spur Censorship Fears
India’s Tougher Rules on AI in Social Media Spur Censorship Fears

India moves to curb a wave of AI deepfakes and disinformation, but its 3-hour takedown rule spurs fears of censorship. Delhi is also considering a social media ban for children.

India’s Adani Group Eyes $100bn Outlay on Data Centres by 2035
India’s Adani Group Eyes $100bn Outlay on Data Centres by 2035

The $100 billion investment would catalyse a further $150 billion in spending on "advanced electrical infrastructure, sovereign cloud platforms and supporting industries," the Adani Group said

ByteDance Vows Changes Amid Hollywood Anger Over AI Video Model
ByteDance Vows Changes Amid Hollywood Anger Over AI Video Model

Videos generated via Seedance 2.0 have been the rage in China as they depicted scenes like rapper Ye singing in Mandarin and actors Brad Pitt and Tom Cruise fighting over Jeffrey Epstein

Tech Leaders Fly to India For AI Summit Amid a Raft of Concerns
Japanese PM Takaichi Under Pressure to Boost Economy
ByteDance’s Viral Video Model Signals China’s Increasing Grip on AI
Thais to Seize $420m Assets Linked to Cambodia, Online Scams
China, BRICS Nations Hedging Exposure to US Debt? – Fortune
India’s New 3-Hour Content Takedown Demand ‘Impossible’: Experts
Researchers Say AI Doesn’t Make Work Easier, Just Intensifies It

Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors