Artifical Intelligence

Nvidia shares climbed to $200.40, continuing an 11-day rally, fuelled by robust AI hardware demand. The stock is now 5.5% shy of its record high, with investors optimistic about upcoming Big Tech earnings and ongoing AI investments.

Bloom Energy's shares rose 24% to a record $218.68 after signing a deal to supply 2.8 gigawatts of fuel cell energy systems for Oracle's data centre. The partnership supports Oracle's AI infrastructure amid rising demand for cloud computing.

Amazon is developing Project Houdini to speed up data centre construction for AI, according to a new report. The initiative is said to shift much of the process off-site, reducing construction time from 15 weeks to as little as two to three weeks and cutting labour hours significantly.

Oracle said that the employees being terminated are eligible to receive a severance package.

Anthropic accidentally exposed the full source code of its AI tool Claude Code due to a packaging error. While no user data or core AI systems were affected, the leak revealed the tool’s internal workings, raising concerns over security practices.

Technology leaders report that attempts to scale AI is not meeting expectations. Key barriers include governance, legacy systems, talent, and cultural anxiety. Companies must prioritise reinvention and execution over mere adoption to thrive in the evolving tech landscape.

Zerodha founder and CEO Nithin Kamath believes AI is an edge, which can make investors more disciplined, but not smarter.

Nvidia shares fell 1% to $166.21, marking a 6% decline in March and 21% drop from November 2025 high. Concerns over AI revenue sustainability and broader tech sell-off amid geopolitical tensions weigh on the sector, with Nasdaq 100 entering correction territory.

US pharmaceutical giant Eli Lilly has reached a deal worth $2.75 billion with Insilico Medicine. Under the agreement, Lilly will bring AI-developed drugs to the global market, while Insilico will receive $115 million upfront, with the remainder tied to regulatory approvals and commercial milestones

Meta is rebranding employees as AI builders and organising them into pods within its Reality Labs division, according to a new report. The pilot program is aimed at enhancing engineering productivity and product quality through cross-disciplinary work.