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Google DeepMind to build robotic science laboratory in the UK; Mexico imposes 50% tariffs on some countries – business live | Business

Ravi Singh3 days ago010 mins

Google DeepMind to build its first ‘automated science laboratory’ in the UK Google DeepMind is to build its first “automated science laboratory” in the UK, in a boost to the country’s artificial intelligence ambitions. The lab will be focused on materials science research, and will involve “world-class robotics” synthesizing and characterizing hundreds of materials per…

India’s $3.3 trillion opportunity for global fund houses

Ravi Singh3 days ago07 mins

An undated editorial illustration of Indian rupee cash bills and a stock market indicator board. Javier Ghersi | Moment | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story The growing pool of investors in…

Nvidia’s new software could help trace where its AI chips end up

Ravi Singh3 days ago04 mins

Cfoto | Future Publishing | Getty Images Nvidia is developing software that could provide location verification for its AI graphics processing units (GPUs), a move that comes as Washington ramps up efforts to prevent restricted chips from being used in countries like China. The opt-in service uses a client software agent that Nvidia chip customers…

Manhattan rents surge on affordability concerns; Mamdani effect dismissed | World News

Ravi Singh3 days ago03 mins

Manhattan apartment rents are climbing sharply amid growing affordability concerns, an issue mayor-elect Zohram Mamdani has pledged to rein in, according to a Bloomberg report. Citing data, the report said that the new leases were signed at a median of $4,750 in November, up 13 per cent from a year earlier and…

Google’s AI unit DeepMind announces UK ‘automated research lab’

Ravi Singh3 days ago02 mins

Google DeepMind, the tech giant’s AI unit, unveiled plans for its first “automated research lab” in the U.K. as it signs a partnership that could lead to the company deploying its latest models in the country. The AI company will open the lab, which will use AI and robotics to run experiments, in the U.K….

Federal Rate Cut Highlights Policy Divisions

Ravi Singh3 days ago03 mins

The Federal Reserve lowered its key interest rate Wednesday by a quarter percentage point, setting the target range between 3.5 percent and 3.75 percent, but highlighted lingering uncertainty about future policy. The 9-3 vote reflected continued divisions among policymakers, with Governor Stephen Miran advocating a half-point cut and regional Presidents Jeffrey Schmid of Kansas City…

Rupee hits new record low: Currency weakens to 90.46 versus US dollar; RBI likely intervened to stem fall

Ravi Singh3 days ago02 mins

Rupee versus dollar (AI image) The Indian rupee tanked to a fresh record low on Thursday, going past the 90 mark versus the US dollar again. The rupee has been depreciating sharply this year, influenced by ongoing challenges on the India-US trade deal front and increased corporate dollar demands.The rupee declined to 90.4675 versus the…

Student Beans made him a millionaire, a heart condition made this millennial founder rethink life

Ravi Singh3 days ago010 mins

Today, we meet James Eder, the 42-year-old cofounder of Student Beans (a discount coupon company targeting the college crowd), who is now a work-life coach splitting his time between London and the French Alps, and author of The Collision Code. Eder was inspired to build Student Beans in 2005 after organising his university’s summer ball—a…

Much to like in Fed’s meeting amid warnings of restraint

Ravi Singh3 days ago03 mins

Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on Dec. 10, 2025 in Washington, DC. Chip Somodevilla | Getty Images It ended up being a “hawkish cut,” as expected. Still, investors managed to find a few gifts tucked between the lumps of…

Banks to get new powers to give financial advice

Ravi Singh3 days ago04 mins

People who might otherwise turn to friends, family, or social media influencers for financial advice are to be given new help to invest their money. Targeted support from registered banks and other financial firms is being given the go-ahead by the City regulator and should start in April. This will allow firms to make investment…