Monday, August 10
Tesla CEO Elon Musk said artificial intelligence (AI) is on track to become smarter than all of humanity combined within the next five years — a shift he believes will change how people work, move and even find purpose.Speaking at the World Economic Forum in a conversation with BlackRock CEO Larry Fink, Musk said AI is advancing faster than many expect. He predicted that AI could be “smarter than any individual human this year,” and become “smarter than all of humanity combined” within the decade.Also Read: Davos 2026: AI is changing who becomes an entrepreneur, experts sayMusk linked that trajectory to the rise of humanoid robots, which he said could dramatically expand economic output. Tesla’s Optimus robots, he said, are already performing simple tasks in factories, with mor
Davos: US President Donald Trump will show off his new "Board of Peace" and meet Ukraine's leader at Davos on Thursday -- burnishing his claim to be a peacemaker a day after backing off his own threats against Greenland.Trump abruptly announced on Wednesday that he was scrapping tariffs against Europe and ruling out military action to take Greenland from Denmark, partially defusing a crisis which has shaken the meeting of global elites.On his second day at the Swiss ski resort, Trump will seek to promote the "Board of Peace", his controversial body for resolving international conflicts, with a signing ceremony for the organisation's charter.The fledgling board boasts a $1 billion price tag for permanent membership and Trump has invited leaders including Russia's Vladimir Putin, Israel's B
India's Securities Appellate Tribunal (SAT) on Thursday directed Avadhut Sathe Training Academy (ASTA) to deposit Rs 100 crore in an appeal filed by ASTA against the Securities and Exchange Board of India (Sebi) order that barred Mumbai-based financial influencer Avadhut Sathe and his academy from offering unregistered investment advisory and research analyst services.The appellate tribunal also allowed ASTA and Sathe to buy, sell or deal in securities after the Rs 100 crore amount is deposited. They will also be able to make debits from their bank accounts.ASTA, Avadhut Sathe and Gouri Sathe had earlier been asked by Sebi to deposit Rs 546.16 crore on the allegation that they ran an unregistered investment advisory and research analysis entity."The appeal is allowed in part," the 17-page
