Pakistan-linked module was planning recce of a party office in another state: UP ATSFour arrested from Saharanpur, investigators allege accused were tasked by Pakistani handlers to identify targets, recruit youths through video calls and expand sleeper-cell network across India Published on: May 28
When she saw me walking into her home in Assam’s Barpeta district, Amina Begum attempted valiantly to get up from the bed. Her body shook as the 68-year-old tried – and failed – to raise herself. When I had visited Begum in June last year, she was not this infirm. She was walking
Violence erupts as ED raids for Kerala CM Pinarayi Vijayan’s housesDuring the raids, top CPI(M) leaders and hundreds of party workers protested outside the homes of Vijayan in Thiruvananthapuram and Kannur. Updated on: May 28, 2026 7:33 AM IST By Vishnu Varma Share via Copy link The Directorate
Air India, IndiGo, Air India Express cut flights as fuel costs surgeOfficials also said Air India Express would reduce some domestic frequencies, though the impact would remain below 10%. Updated on: May 28, 2026 7:43 AM IST By HT Correspondent Share via Copy link Major Indian carriers
The two factions of the All India Anna Dravida Munnetra Kazhagam on Wednesday withdrew disqualification petitions against each other’s MLAs, and reached a truce two weeks after the rift surfaced, the Hindustan Times reported. The rift had taken place after 25 AIADMK MLAs led by former ministers
Can Uttar Pradesh’s power network handle growing load?Domestic, agriculture consumers remain the two biggest pressure points while industry and EV load is also growing in Uttar Pradesh Published on: May 28, 2026 7:46 AM IST By Brajendra K Parashar
Delhi employee stunned after boss gifts him a brand-new SUV for his appraisal: ‘I was shocked’Speaking to Hindustantimes.com, a Delhi employee shared his shock at receiving a brand-new MG Hector SUV as a surprise appraisal gift. Published on: May 28
The live-in personal assistant to Friends star Matthew Perry has been sentenced to 41 months in prison, capping a multi-year legal saga surrounding the actor's death. Kenneth Iwamasa, 60, who injected Perry with ketamine, worked with two doctors to provide the actor with more than $50
SoftBank’s Masayashi Son ‘cried’ about Nvidia stake sale to fund AI bets
SoftBank Group Corp. founder Masayoshi Son said he wouldn't have sold off Nvidia Corp. shares if his company had unlimited money to bankroll its next investments in artificial intelligence, which include a big bet on OpenAI.
Son, addressing for the first time the surprise November disclosure that SoftBank had unloaded its entire stake in the world's most valuable company, also slammed talk of an AI investment bubble. The Japanese company simply needed to raise capital to fund projects including data center construction, he told a forum in Tokyo Monday.
“I don't want to sell a single share. I just had more need for money to invest in OpenAI” and other projects, Son said during the FII Priority Asia forum. “I was crying to sell Nvidia shares.”
SoftBank has doubled down on its bets on AI through a flurry of projects that include a Stargate data center with Hon Hai Precision Industry Co., the acquisition of US chip designer Ampere Computing LLC, and plans to invest more in OpenAI by the end of this year.
People who talk about a bubble around AI investment are “not smart enough,” the 68-year-old SoftBank chief executive officer said. If AI is able to earn 10% of global gross domestic product over the long term, that would more than make up for even trillions of dollars' worth of cumulative spending, he said. “Where is the bubble?”
Son made his remarks at an offshoot of one of Saudi Arabia's biggest investment summits. The Tokyo forum featured appearances by Prime Minister Sanae Takaichi and the country's finance and economy ministers, reflecting deepening ties between the kingdom and Japan.
Son's first Vision Fund was set up with $45 billion in funding from Saudi Arabia's Public Investment Fund. The PIF has invested about $11.5 billion in Japan from 2017 to 2024 and expects that total to grow to around $27 billion by the end of 2030, Governor Yasir Al-Rumayyan said at the same event.
Source: EconomicTimes
Related Posts: Artist Priyanka Aelay brings a magical world to Bengaluru with her solo show How to stay cool without an AC using simple and affordable cooling solutions We never said we wouldn’t take the trophy 7 Flats, one tax claim — Dept said no, Tribunal said yes Intel shares jump as Softbank to buy $2bn stake in chip giant Japan, US narrow first $550 billion investment picks, including SoftBank-linked plan, sources say SoftBank’s $30 billion OpenAI bet spurs S&P credit outlook cut SoftBank posts fourth straight quarterly profit of $1 SoftBank races to fulfil $22 SoftBank seeks up to $40 billion loan to finance OpenAI investment
TikTok appears to be experiencing a widespread outage with hundreds of users flagging issues with openig the popular social media app. According to outage tracking website Downdetector, reports of issues with TikTok spiked sharply around 6 AM ET in the United States on May 28
1 hours ago
Global carmakers are facing a reckoning as US, European and Japanese brands lose ground to Chinese rivals setting the pace not only in electric vehicles, but also in batteries, design and software. The BBC visited factory floors in Beijing and Hefei on the sidelines of Auto China 2026 - the world's
2 hours ago
Micah Parsons injury update: Adam Schefter gives devastating news on LB's return; ‘Will miss…’Micah Parsons is expected to miss the “first few weeks” of the upcoming season for Packers as his ACL recovers, Adam Schefter said. Updated on: May 28
2 hours ago
Laid-off Webflow employee calls out CEO: ‘Locked out of laptop, didn’t get email’A Webflow employee has called out the company’s CEO over the way in which she handled layoffs, claiming he did not receive an email about his termination Updated on: May 28
1 hours ago
Indian scientists have found strong evidence of subsurface ice near the Moon's south pole. Data from Chandrayaan-2's radar instrument revealed ice in craters. This discovery adds to growing evidence of water resources on the Moon. These findings will help shape future lunar missions
2 hours ago
Gujarat Titans bowlers set new IPL records. Kagiso Rabada took the most powerplay wickets in a season. The team also achieved a historically balanced bowling performance with five bowlers taking 15 or more wickets. Royal Challengers Bengaluru posted a record playoff total
2 hours ago
The complaint alleged that Mamata Banerjee’s remarks insulted the sentiments of followers of Sanatan Dharma and promoted communal disharmony. An FIR was registered on Tuesday against TMC Chief and former West Bengal Chief Minister Mamata Banerjee over her alleged derogatory remarks about Sanatan
2 hours ago
Pradosh Vrat happens to be one of the most sacred fasts dedicated to Lord Shiva and Goddess Parvati. This vrat is observed during the auspicious period on the Trayodashi tithi which starts after sunset. The time window after sunset, when Trayodashi Tithi and Pradosha time overlap
1 hours ago
Several labour unions have demanded, in writing, that India’s labour codes be reformed to include more explicit provisions for working in extreme heat. Record-breaking heat in recent years has moved government bodies to issue advisories urging employers to reschedule working hours and make
1 hours ago
When Crystal Palace chairman Steve Parish first met Oliver Glasner in late 2023, he had no idea it would be a meeting that would change the course of the club's history. It was then sporting director, Dougie Freedman, who had set up the get-together in south London
1 hours ago
Karnataka Chief Minister Siddaramaiah is reportedly set to resign Thursday following Congress high command directives, paving the way for Deputy Chief Minister D K Shivakumar to assume the top post. Celebrations erupted in Shivakumar's camp amid speculation
1 hours ago
Feeling bloated after meals? Gastroenterologist shares the benefits of post-meal ‘fart walks’ to ease discomfortGoing for a short walk after meals – popularised as “fart walks” on social media – is a simple way to get your digestive tract moving and ease bloating. Published on: May 27
1 days ago
From Spielberg's epic alien drama to J-Lo in an office romcom and the return of Toy Story, these are the films to watch at the cinema and stream at home this month. "By the power of Grayskull! I – have – the power!" Readers of a certain age may remember that booming battle cry: it rang out
1 days ago
IIT Madras graduate rejected ₹10 LPA job for UPSC, later found success through trading: 'Never give up'An X post detailed the man’s 12-year struggle through UPSC preparation, failed career shifts, heartbreak and unemployment before finding success through trading Published on: May 27
1 days ago
said it has turned across all its established businesses in FY26, marking a key profitability milestone for one of India's largest platforms, as it accelerates expansion across pharmacy, and speciality care.The company said its diagnostics business crossed an annualised revenue run rate of more
1 days ago
Penpa Tsering sworn in for second term as head of Tibet’s 'government-in-exile' in DharamshalaTsering said that "Middle Way Policy" which seeks a resolution to the Sino-Tibet conflict through non-violence, dialogue and mutual benefit would be lasting. Updated on: May 27
1 days ago
As innovation becomes more open and collaborative, thanks to an AI-Driven economy, companies are rethinking how visibility is built. This article explores why presence in innovation ecosystems matters, how long-term technical credibility is earned, and why platforms such as ET AI Hackathon 2
1 days ago
Man serves lemon juice as prashad in office prank, colleagues’ reactions go viralA light-hearted office moment captured on Instagram shows lemon juice being served as prashad. Published on: May 27, 2026 4:47 PM IST By Vaishali Kapila Share via Copy link Office life can feel repetitive at times
1 days ago
The Supreme Court on Wednesday upheld the government’s retrospective imposition of 28% Goods and Service Tax (GST) on companies, backing tax demands on past transactions in a ruling that could have major financial implications for the sector
1 days ago
India opens ₹15,000 crore race to build AMCA stealth fighterThe shortlisted bidders are: Tata Advanced Systems Limited; Larsen and Toubro plus Bharat Electronics Limited, and Bharat Forge plus Bharat Earth Movers Limited Updated on: May 27, 2026 4:56 PM IST By Shishir Gupta Share via Copy link
1 days ago
A Chinese dissident who fled his country on a rubber boat has been detained in South Korea after spending 30 hours at sea. Dong Guangping, a former police officer and human rights activist, was found in Korean waters on Monday night. South Korea's coast guard told the BBC that Dong is under
1 days ago
Ugandan woman, suspected of Ebola infection, tests negative in KarnatakaKarnataka minister says health department continues to closely monitor the situation and remains fully prepared to take all necessary measures Updated on: May 27, 2026 4:40 PM IST PTI Share via Copy link A 28-year-old woman
1 days ago
Cuban Foreign Minister Bruno Rodriguez Parrilla asked the international community for urgent help to prevent disaster in his country, which is under a U.S. energy blockade, in a speech to the UN Security Council on Tuesdayc(May 26, 2026). “I call on the international community to mobilize to
1 days ago
The Rajasthan High Court on Wednesday acquitted religious leader Asumal Harpalani, also known as Asaram Bapu, of charges related to the gangrape and sexual assault of a minor, PTI reported. However, a bench of Justices Arun Monga and Yogendra Kumar Purohit upheld his conviction for rape in the case
1 days ago
Noida International Airport: Paresh Maity’s art takes flight of fancyIndian artist Paresh Maity’s two public art installations will be part of the Noida International Airport that is expected to be operational from June 2026. These include six huge panels and a bell installation represent
1 days ago
The Assam Assembly on Wednesday passed the Uniform Civil Code bill seeking to ban polygamy and make the registration of live-in relationships compulsory, even as the Opposition demanded that it should be sent to a select committee for scrutiny
1 days ago
LIC shares fall 3 percent as reports say India plans 2 percent stake sale to institutional investors. LIC (Life Insurance Corporation) shares slipped 3 per cent intraday on Wednesday, following the reports suggest the government is planning to sale 2 per cent stake from the insurance behemoth next
1 days ago
