Malaysia AI chip export curb: Malaysia blocks export and transit of US-made AI chips, targets illegal shipments to China

Malaysia on Monday imposed immediate restrictions on the export, transshipment and transit of high-performance AI chips made in the United States, aiming to plug regulatory gaps and prevent unauthorised rerouting of sensitive technology to countries including China.The country’s investment, trade and industry ministry said in a statement that all such movements of US-origin AI chips…

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Gibran raises $2.6 million to build nature-inspired, adaptive AI systems | India Business News

Gibran raises $2.6 million to build nature-inspired, adaptive AI systems (Representative AI image) BENGALURU: AI research startup Gibran has raised $2.6 million in a seed round led by Together Fund to develop a new class of adaptive, scale-free systems that augment human creativity and decision-making. The company draws on principles from evolutionary biology and complex…

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Top stocks to buy this week: Downside momentum on Nifty may be gaining strength; check stock recommendations with 3-month horizon

Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, EID Parry, and Prestige are the top stock picks for this week. Here’s his view on Nifty, Bank Nifty and the top stock picks with a 3-month horizon:Nifty View:The benchmark Nifty index spent the…

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Rural boost: RBI allows gold pledge for agricultural loans

MUMBAI: A new directive issued by the RBI permits banks to accept voluntary pledges of gold or silver from borrowers seeking agricultural and MSME loans, even within the limits traditionally classified as “collateral-free”. This will help small borrowers, particularly in rural India, get easier terms on their loans.According to the circular issued on July 11,…

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