AI Bias Analysis
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Prime Minister Narendra Modi’s push to curb fuel and gold consumption has added to uncertainty in India’s already weak stock markets, raising concerns that moves meant to protect the economy may end up cooling overall spending.
Source
Bloomberg Markets
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SoftBank booked a yearly gain of $46 billion at its Vision Fund driven in large part by the huge rise in value of its investment in OpenAI.
Japanese investors sold the most US sovereign bonds in almost four years as a jump in oil prices led to an abrupt turnaround in Federal Reserve policy bets.
UAE-based AI company Presight has reported 1Q revenue up 22% y/y. The company says national infrastructure and mission-critical platforms remained fully operational during the regional instability. Thomas Pramotedham, CEO of Presight spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on their performance. (Source: Bloomberg)
