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Zoho founder Sridhar Vembu warns of AI-driven tech bubble, says valuations are ‘even bigger than 1999’ – Zee News

In a post on social media platform X, Vembu highlighted the price-to-sales ratios of major technology firms, arguing that current market valuations appear increasingly detached from underlying business fundamentals. Trending PhotosNew Delhi: Sridhar Vembu, founder and chief scientist of Zoho Corporation, has cautioned that soaring valuations of some of the world’s largest technology companies, fuelled by...

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DOJ charges Google engineer in Polymarket insider trading case – The Cryptonomist

The DOJ charges Google engineer Michele Spagnuolo in a case that puts prediction markets at the center of a corporate-information scandal. Federal prosecutors say the Google software engineer, known as “AlphaRaccoon” on Polymarket, used confidential company data to place bets and turned that access into more than $1.2 million in alleged profits.At the heart of...

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How AI startup’s $500 million monthly bill may be a wakeup call for tech companies using AI freely – The Times of India

The TOI Tech Desk is a dedicated team of journalists committed to delivering the latest and most relevant news from the world of technology to readers of The Times of India. TOI Tech Desk’s news coverage spans a wide spectrum across gadget launches, gadget reviews, trends, in-depth analysis, exclusive reports and breaking stories that impact...

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Nio’s Firefly Improves Autonomy and Safety With Latest Software Update – eletric-vehicles.com

Nio‘s sub-brand Firefly released version 1.4.0 of its Aster operating system on Tuesday — its fourth major software update since deliveries began a year ago.The new release rolled out alongside the refreshed iteration of its debut EV, which which retained its original base price of 119,800 yuan ($17,500).The 1.4.0 update covers intelligent assisted driving and...