Touted as a landmark move for the artificial intelligence sector, leading AI firms OpenAI and Anthropic have entered into agreements with the United States government aimed at advancing research, testing, and evaluation of artificial intelligence (AI) technologies, according to a report by Reuters.

OpenAI and Anthropic partner with US government for cutting-edge AI research

The Indian economy continues to be robust amidst global challenges, with the outlook having softened somewhat due to the slowing of some critical economic measures, according to the latest Monthly Economic Review of the National Council of Applied Economic Research (NCAER), as detailed by PTI.

Indian economy shows resilience amid global challenges: NCAER Report

Despite the cryptocurrency industry being plagued by frequent hacks, the month of August witnessed a notable fall in the amount of crypto stolen through hacks and rug pulls, according to a recent report from bug bounty platform Immunefi.

Crypto thefts in 2024 surpass $1.2 billion

The chief executive of National Australia Bank Ltd. stated that increasing divisions within the country's economy are complicating the task of setting appropriate monetary policies.

NAB Chief: Economic divisions in Australia complicate RBA's task

Australia's banking regulator intends to stress test the nation's financial sector to gain a better understanding of the impact of private credit capital flows on other segments of the market.

Australia's banking regulator to conduct stress tests on private credit risks

BlackRock, the world's largest asset manager, has rolled out its new Ethereum exchange-traded fund (ETF) on B3, one of the leading exchanges in Latin America, to cater to growing investor interest in cryptocurrency in a region known for high adoption rates.

BlackRock launches Ethereum ETF in Brazil

Cybersecurity specialist CrowdStrike Holdings on Wednesday estimated it took a roughly $60 million hit to its sales pipeline last month after its mishandling of a software update caused a technology meltdown that left thousands of people stranded at airports along with other frustrating disruptions.

CrowdStrike faces $60 Million hit after software update debacle, hopes to regain lost sales pipeline

Federal Reserve Bank of Atlanta President Raphael Bostic on Wednesday indicated that with inflation falling further and the unemployment rate rising more than he had expected, it might be "time to move" on rate reductions.

Atlanta Fed Chief Bostic suggests rate cuts are imminent but advocates caution

In a boost to the Indian economy, Moody's Investors Service upgraded its estimate of gross domestic product growth in 2024 to as high as 7.2 per cent from 6.8 per cent.

Moody's pegs India's GDP growth at 7.2% for 2024

Another major development comes as Fitch Ratings has reaffirmed the rating of India's sovereign debt at BBB- while maintaining a stable outlook and pointed to strong growth potential and fiscal credibility for the country in its report dated August 29.

Fitch Ratings reaffirms sovereign debt rating of India with a stable outlook

According to a report by CNBC, the harmonised German consumer price index eased to 2 per cent in August, preliminary data from the country’s statistics office Destatis said Thursday.

Why has German inflation posted a surprise drop to 2% in August?

Rakesh Gangwal, co-founder and promoter of IndiGo, has taken a significant step toward his planned exit from InterGlobe Aviation by offloading a 6 per cent stake in the company.

IndiGo Co-founder Rakesh Gangwal likely exits with Rs 11,000 crore stake sale

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Zee News Rajasthan

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Hardik Bhardwaj

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