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● Neutral for Indian equities
Two-thirds of the revenue needed to justify the AI buildout are still unaccounted for, says major consulting firm
The brief
- At least about $4.2 trillion in estimated yearly AI buildout costs is currently uncovered
- TakeMe2Space plans orbital computing launch on SpaceX rocket, with reports differing on timing
- China weighs allowing ByteDance and Alibaba to buy Nvidia chips
- AI stocks whipsaw as $3 trillion rebound follows AI disruption fears
- AI boom, supply chain shifts create big opportunity for India's chip sector: BCG
- Trump rejects closer US-China AI integration