Nitin Malik

PEC Chandigarh|Tata Consultancy Services|University of Minnesota (MBA)|Deloitte Consulting|Cardinal Health| Sears| Investor
*Not an Investment Advisor*

[NDTV Profit @NDTVProfitIndia]

First tranche of US deal could be signed by mid-July, says Piyush Goyal, Minister of Commerce and Industry on India-US trade talks.

@Rish_Bhat

[Harsh Goenka @hvgoenka]

So true

[Prashant Nair @_prashantnair]

RBI Goes Big To Get Dollars Into The Country !

Measures 👇

1. RBI is making it easier for foreign investors to buy Indian government bonds - How ? - All new 15y, 30y & 40y G-Secs will now be open to foreign investors.

2. ECBs raise by CPSEs - Subsidy on hedging cost will be borne by RBI (3-5 year ECBs). Has to be done by Sept 30.

3. FCNR (B) deposits - To be raised by authorised PSU banks - hedging cost subsidy taken care of bt RBI (3-5 year tenure). Has to be done by Sept 30.

How much can come in ? $20-30 billion ?

#RBI #Rupee #FII #Nifty #BankNifty #India @CNBCTV18News

[Chubby♨️ @kimmonismus]

I believe the majority still doesn't understand the momentous threshold humanity is facing.

Anthropic itself states quite clearly that even if development ceased entirely, if all development were frozen, they would still witness massive societal changes:

"Even if model capabilities were frozen at today’s level, we would expect major changes to occur in the world. (...) And we are still early in the diffusion of today’s models into the wider economy, where a 100-person company can increasingly do the work of a 1,000-person one, because each employee will sit atop a pyramid of agents."

But there's no question of stagnation. Anthropic itself still maintains that development has exceeded its own internal assumptions. Take that statement seriously for a second and consider it. Although Anthropic models internally and assumes exponential development, even this trajectory lags behind actual development, which is even faster.

"It's happening faster than we thought, and the implications deserve greater attention."

and

"The rate at which AI models improve is accelerating. The length of tasks that they can reliably complete on their own has been doubling roughly every four months, up from an earlier trend of doubling every seven months. In March 2024, Claude Opus 3 could complete software tasks that take humans about four minutes to complete. A year later, Claude Sonnet 3.7 managed tasks that took about an hour and a half. A year after that, Claude Opus 4.6 managed 12-hour tasks.1 If this trend holds, tasks that take a skilled person days could come into range this year.

So again: there can be no question of standing still.

The models are not only getting better, they can also work autonomously for longer. Certainly numerous breakthroughs are still needed, context window is still a problem. But the most likely direction is that the models themselves will find the solutions to the underlying problems. This opens up unforeseen possibilities, and Demis Hassabi's statement that the golden age of science is not a dream, not a utopia, but a purposeful reality, is now confirmed.

And finally, it's not just Anthropic, but also OpenAI, that sees this development, considers it feasible, and is moving forward.

Most people don't know what's coming. But one thing is certain: it's coming even faster than expected. And it will be even bigger.

Myth was just the beginning.

[Negligible Capital @negligible_cap]

DeepSeek is becoming more popular among US enterprises as companies look for cheaper alternatives to Anthropic and OpenAI

“DeepSeek takes top spot on 'trending' list as companies look for alternatives to OpenAI and Anthropic, spending tracker's report says Chinese artificial intelligence start-up DeepSeek took the top spot on a major US business spending index in June, surging as more companies swap out expensive American options like OpenAI and Anthropic in favour of more affordable alternatives.”

Nothing to see here

[Wall St Engine @wallstengine]

U.S. employers announced 97,006 job cuts in May, up 16% from April and up 3% YoY, according to Challenger.

That was the HIGHEST May total since 2020 and the third straight monthly increase.

AI was cited in 38,579 cuts in May, or 40% of all announced layoffs, the highest monthly total for AI-related cuts since Challenger began tracking the category in 2023.

Technology led all sectors with 38,242 cuts in May and 123,653 YTD, up 66% from the same period last year.

YTD job cuts now total 397,755, down 43% from 2025 but roughly in line with 2024 after last year’s federal workforce distortion.

Hiring plans remain muted: employers announced 80,472 planned hires through May, only slightly above last year’s 79,741 and still low by pre-pandemic standards.

[Nithin Kamath @Nithin0dha]

I find it odd when people turn businessmen into role models, and this seems to have become more common in the last 5-odd years. It's the same with idolising movie stars and sports stars. None of it should happen, really. 😀

When people come to me for advice, my first reaction is: What makes you think I'm qualified?

Just because I've gotten lucky in business, does that make me qualified to advise you on your career, your life choices, or anything apart from how to get lucky? 😀

There are startup founders, especially people working in the social sector, whom I meet through @RainmatterOrg, and I think they are far smarter and more capable of giving advice than I am.

If you still pick a role model, pick someone for a trait worth admiring in real life, not because of what they project to the outside world.

[Harsh Goenka @hvgoenka]

The AI Mirror: What Changed Most Was Not the Technology, but Us

[Bloomberg TV @BloombergTV]

The dream of climbing the property ladder isn't working out for British millennials

Olivia Rudgard explains why young UK owners are finding themselves stuck https://t.co/peRbngOuwm

[FORTUNE @FortuneMagazine]

“You can choose a life of ease and comfort or you can choose a life of service and adventure."
⁠
Jeff Bezos was 30 years old when he cofounded Amazon out of his Seattle garage. His company just dethroned Walmart at No. 1 on the #Fortune500, ending a 13-year reign. https://t.co/EZzVABDXje

[NDTV @ndtv]

#ForeignInvestment

[TBPN @tbpn]

Palo Alto Networks' @nikesharora on how AI solves one of the biggest risks businesses face: hiring B players.

"What AI is doing for me internally is democratizing intelligence."

"The biggest risk in businesses is, you hire 100 marketing people. Not all of them are equally good. So you gravitate toward the 10 good ones, and you gotta find a way to deal with the other end of the spectrum, and the 80 in the middle."

"The good news is if I train my model right, with all my marketing data, I can increase the average intelligence of all 100 of them to 95%. Then I just need the judgment of the top 5%."

"It's the rising tide lifting all boats from an average intelligence perspective. If I can get the outcomes of 3,000 customer support people to be amazing, and there's no disparity or standard deviation, I become highly effective and efficient."

[Sundar Pichai @sundarpichai]

On Monday we announced an equity offering for Alphabet - part of our multi-year investment strategy to meet the AI opportunity ahead and support the demand we’re seeing from enterprises and consumers. Pleased to share the offering was well over-subscribed. We raised a total of ~$45B, with an additional $40B to come as part of an “at the market” program starting in Q3 (for a total of ~ $85B). A huge thank you to our investors, including Berkshire Hathaway who invested $10B.

[euronews @euronews]

Seven in-house models unveiled at Build 2026 signal Microsoft's push to cut costs and compete directly on the AI frontier as its biggest investees plan to launch record-breaking IPOs.
➡️ https://t.co/DmdrzcWKjb

[BBC News (UK) @BBCNews]

Meta workers can opt out of being tracked at work - but only for half an hour at a time https://t.co/pX8OuVoWz4

[The Transcript @TheTranscript_]

Alphabet CEO @sundarpichai: "In 2022, we spent ~$31B in CapEx. This year, we expect that number to be 6X larger than 2022 & 2X last year’s at $180-190B. And next year, we expect it to significantly increase compared to 2026. The overwhelming majority of this spend will be in technical infrastructure."

[Wall St Engine @wallstengine]

$ADBE is weighing David Wadhwani and Anil Chakravarthy as leading internal CEO candidates, per Bloomberg.

Adobe also hired Heidrick & Struggles to search externally for AI product leaders as it faces pressure from AI-native creative tools.

[Wall Street Rollup @WallStRollup]

Uber CEO Dara Khosrowshahi: "We Blew Through Our AI Budget in a Quarter"

In response, Uber is doing three things:
-Slowing headcount growth as AI makes engineers more productive
-Reserving expensive frontier models for exploration only and shifting production workloads to cheaper open source models
-Capping each employee at $1,500/month per AI coding tool

[空空丨火币赚币 @btcoindown]

卧槽，黄仁勋就这么坐地上喝上啤酒了，不知道的还以为是流浪汉呢。

[Bloomberg @business]

Elon Musk’s xAI has paused hiring for professionals to train its Grok chatbot on a range of specialized skills, sources say, marking a potential shift in how the artificial intelligence firm develops its technology https://t.co/rRzf9OPE1F