Can OpenAI create superintelligence before it runs out of cash?
The AI startup is one of the fastest-growing companies in history, but questions remain about the long-term viability of its revenue stream
Screwvala may have a point but blame games won’t help India’s edtech arena
Individual companies need to take a long hard look at their operations, put in place strong oversight mechanisms, and think long term rather than be mindlessly obsessed with valuations to emerge as stronger sustainable enterprises
Chart of the Day| Low localisation levels open up opportunities for e-auto component makers
While the 2030 targets for transition from ICE to EVs across vehicle segments is a big ask, it has already triggered interest among component makers
Start-up Street: The Byju’s fiasco and why founder’s mindset and company culture matter most
The fiduciary responsibility when taking funding needs to be respected. Ideally, an entrepreneur must treat this as money in trust, not one to be used discriminately
Defence sector’s techno-nationalism to yield gains for private sector
India is now targeting a Rs 1.5 lakh crore annual spend on modernising its armed forces until 2030 and domestic production has crossed the Rs 1 lakh crore mark in fiscal 2023
The human perils of giving ChatGPT more memory
OpenAI mustn't repeat Facebook's mistake of "remembering" user preferences and views and feeding more of the same, ultimately driving them into silos. It must offer diverse perspectives on political or social issues, even if they challenge a user’s prejudices
The Netflix model may just save India’s online learning apps
The funding winter for edutech is real — the shock from Byju’s collapse is still playing out. Players are looking to marry the scale of cloud computing with the classroom clout of charismatic, million-dollar tutors to create a winning hybrid. A coaching-centre heavyweight like Allen building digital muscle or an internet sensation like PhysicsWallah entering the brick-and-mortar world could work, provided companies don’t eplicate Byju’s hyper-aggressive sales machine or spend as lavishly as it did on unrelated acquisitions
43 Is The Number: BJP’s quest to retain NDA’s 2019 Maharashtra tally
What’s the BJP strategy behind ensnaring Ashok Chavan? To retain the 43 seats NDA won in 2019, BJP ensured splits in NCP and Shiv Sena. But the gains have reached saturation because of polarised voters. And so a new narrative of a weakening Congress that even its top leaders have no confidence in, and thus chipping away at the wavering holdout voter
Bandhan Bank’s investors deserve a neat, clean book
What doesn’t help Bandhan Bank’s cause is its own asset quality track record. For the past two quarters, the lender has disappointed investors with the quality of its loans as slippages have increased leading to an impact on its bottom line
How fast-growing chronic drugs are reshaping the Indian pharma market
Pharma companies are increasing focus on chronic medicines as this category of drugs continues to outperform the Indian market
MC Pro Quick Take | Auto product mix aids M&M’s Q3 performance beat
The company expanded market share in the farm equipment segment where it commands a leadership position, notwithstanding challenging times
Indonesia Elections: Prabowo victory means democracy, interrupted
Democracy in Indonesia is not some esoteric idea, or lofty ideology. It is a bitterly fought for privilege and should not be taken for granted. This generation of Indonesians cannot let the sacrifices of those who have gone before them go to waste
Moneycontrol Pro Panorama | A red flag for the market -- fund manager bullishness at 2-year high
In today's edition of Moneycontrol Pro Panorama: BJP may withstand farmers’ fury, couples should talk money early on in relationship, headwinds in private capex continues, lessons to learn from knowing market history, and more
How financial engineering can help Europe go green
For funding renewable projects, derivatives such as two-way contracts have existed for long but inertia prevents their greater adoption. Each project has a target price, determined at a competitive auction. When market prices are lower than the target, the government makes up the difference. When the market goes higher, the producer pays the excess to the government
Every corporation needs a Marie Kondo
Employees said that they spent an average of 27% of their time on bureaucratic chores such as writing reports or documenting compliance. Every year most companies hold annual performance reviews in which managers assess their charges and the charges respond. Employees also need the opportunity to suggest ways in which the company is making poor use of their time
Climate Crisis: A four-point primer for India’s young entrepreneurs scouting for green opportunities
The past 12 months have been the hottest ever, and there will be consequences both environmentally and economically if we don't make a course correction. Today's young business owners must use their imaginations, and develop long-term, viable solutions for the future
Everyone calm down about CPI
Inflation expectations, which the Fed thinks are the most important single input to realised inflation, are falling.
Protest-vaccinated BJP may withstand farmers’ fury
The BJP has not been caught off guard by the farmers’ protest at Delhi border, as the party leaders pointed out that they are now habituated with pre-poll agitations
The wait for private capex is going to get longer
Private sector participation in public infrastructure has not been a great experience for both the players and the financing banks. Meanwhile, many of the services which now contribute increasingly to total consumption, such as financial services, online e-commerce, and numerous tech startups are not very capital intensive
Gemini or Bard? Post-ChatGPT, companies grapple with the art of naming AI
Naming any technology is difficult, but AI is doubly so. It has to evoke a sense of the cutting edge, be at once both sophisticated and safe, perhaps even friendly. A good name leaves room for the technology to grow and change without rendering its moniker obsolete or inaccurate. On top of all this, it has to sound cool
Chart of the Day: All-time highs of stocks can help spot market tops and bottoms
The market has made a new high but the number of stocks making new highs is dwindling. Market history holds some lessons for investors
The North-East finally closes its infrastructure ‘gap’ with Assam leading the way
Assam as the connecting state to the North-East’s “seven sisters” is witnessing a paradigm shift. If Assam prospers, its immediate neighbours will benefit
Making India aatmanirbhar in oilseeds will not be an easy task
The government needs to think of innovative supply-side solutions, but perhaps also encourage people to consume less edible oil from the health standpoint
Shunning stocks and hoarding cash is harming European wealth
Were European Union families to tweak their asset allocation, increasing their commitment to equities by a modest 5 percentage points, this could unlock €1.8 trillion of capital for productive investment. Similarly, the UK could unlock £740 billion ($943 billion) of capital if households increased their holdings of equities and funds to one quarter of total financial assets
Pakistan: The forever mil-establishment in a country forever at war with itself
Democracies, even if they’re faux democracies like Pakistan, are about a collective sense of “We” for the people. In Pakistan, these elections leave the people grappling with a series of “I”s – Imran, inconclusive, internet blackouts, independents, intimidation, inflation, and ignominy
