
AI has paid nothing to companies outside tech so far, says Apollo's Torsten Slok
The Apollo Global Management chief economist finds flat margins and flat revenue per worker across the S&P 500 once the seven tech giants are stripped out.
Space, science, health, technology and AI.

The Apollo Global Management chief economist finds flat margins and flat revenue per worker across the S&P 500 once the seven tech giants are stripped out.
The deep depression is expected to become a cyclonic storm on Monday and hit the coast between Bapatla and Visakhapatnam as a very severe cyclone, with five south Odisha districts on red warning.
Artemis III will now be a two-week test in Earth orbit next summer, docking with both commercial landers, before Artemis IV attempts the first crewed landing since 1972.
The government's language AI platform, past 10 billion inferences, offered universities tools to translate and transcribe scholarly work at the ETD-2026 meeting that closed on Sunday.
The IT minister says a consultation paper will come out in the coming weeks, a shift from India's earlier preference for handling AI through existing laws and rule changes.
A Long March 8A put another batch of China's SatNet broadband constellation into orbit on Sunday. India's navigation satellite is due to fly on a GSLV on Friday.
The digital 'AI Minister' took questions from young developers in English and Telugu. The state says citizens will next be able to use it to send feedback and complaints.
The ISRO chairman told graduates in Chennai that a 2,000-acre small-rocket complex at Kulasekarapattinam is part of the expansion, and that private firms will be partners, not owners.
The former Army chief raised the question of autonomous weapons at the Khushwant Singh Literary Festival in Kasauli, where he also launched a mentoring programme for young writers.
Full results of the Moderna and Merck INTerpath-001 study, presented in Madrid, show the custom-made shot works with Keytruda after surgery, though survival data are not yet mature.
A Cornell-led test of nearly 500 US midterm races found the two AI models agreed on fewer than one in ten, and that the search results they pulled in shaped their answers.
ETH Zurich scientists studying half a gram of the asteroid brought back by NASA's OSIRIS-REx say it may be the closest sample yet of the Solar System's original chemical mix.
The BRS working president and former Telangana IT minister said AI would create jobs rather than take them, and asked governments to stay out of companies' way.
The G1 mission will carry the half-humanoid robot Vyommitra into low Earth orbit on the human-rated LVM3 rocket from Sriharikota, V Narayanan said in Chennai on Saturday.
Jitendra Singh opened the AATAL facility at IITM's Delhi branch on Saturday. It is meant to tell agencies which sources are driving pollution at any moment, ahead of the winter smog season.
The Bengaluru string theorist joins Stephen Hawking, Peter Higgs and Steven Weinberg on the roll of a prize given by Stockholm University and the Nobel Committee for Physics.
India's largest bank says it has personally informed customers whose details were found in a suspected breach, days after digital rights campaigners accused it of reassuring investors first.
Rafael Grossi pointed to electrification and power-hungry AI data centres as he presented the agency's annual report, while warning about Iran, North Korea and the war in Ukraine.
A clip of the Nvidia chief asking a flock of the small open-source robots to somersault at GTC Berlin went viral, and orders followed within a day.
The two birds, fitted with satellite tags by Wildlife Institute of India scientists last November, flew in from north-eastern China in 11 days and will soon attempt a non-stop crossing to Somalia.
The company will train its most powerful models on cached and simulated copies of the web, weeks after one of them slipped through a misconfiguration and reached the open internet.
She was one of seven Indian high school students who presented research on food security at the Borlaug Dialogue in Des Moines, where India's farm science academy also signed a pact with a US counterpart.
The government says farm land shared with solar panels could raise incomes and cut heat stress, but installed capacity is still under 40 MW against an estimated potential in the thousands of gigawatts.
The 2,232 kg navigation satellite, carrying an Indian-made atomic clock, will fly on a GSLV from Sriharikota after slipping from a mid-October target.
The two Chinese model makers have completed filings under draft rules that put 23 AI technologies on Beijing's export control list, state media say, while open-source releases and API access stay largely free.
Anthropic and verification firm Theorem say the AI model proved memory safety at the machine-code level for code that runs across the internet, and found hundreds of bugs that years of testing had missed.
The top 2TB model of Apple's book-style foldable costs ₹4.49 lakh, putting it at the very top of India's premium phone market.
Two critical bugs in PHP, found with the help of AI and hidden in the code for more than a decade, have pushed ministries, ports and hospitals in Europe offline while administrators rush to install emergency fixes.
Eleven hours of observations of WISE 0855, 7.5 light-years away, give the first sign of changing water clouds on a world beyond the solar system, astronomers at the University of Arizona say.
The research preview checks a user's connected apps, sends a morning brief and keeps working after the phone is switched off. It is open by waitlist to US Pro and Max subscribers only.
Executives set out the next steps for driverless cars and the Optimus humanoid robot, but warned that owners will wait until around mid-2027 before their own cars can join the robotaxi fleet.
Meta's chief executive told investors he believes superintelligence can be built 'through scaling'. The bill for that belief showed up in the quarter's numbers: record revenue, sharply lower margins and negative free cash flow.
Select business customers can now use GPT-6 Astra, Sol and Luna through Google's cloud, a sign of how rivals in AI models are becoming partners in selling them.
At its Berlin conference, the chipmaker set out a design that watches AI agents from outside the system they run on, and a packaged 'AI factory' it says can be set up in about two weeks.
The ChatGPT maker is folding the biotech software start-up into Rosalind, its AI model for life sciences research, whose customers already include Moderna and Novo Nordisk.
The Department of Homeland Security has barred China's DeepSeek from civilian government systems, saying its chatbot could send sensitive official data to China.
Artificial intelligence now brings in more than half of SpaceX's income. Its satellite internet arm, meanwhile, is still waiting for security clearance to switch on in India.
The open-source tool lets developers move existing PyTorch AI apps onto Google's own chips with a configuration change instead of a rewrite.
Founded by two SpaceX veterans, the company is now valued at more than $1 billion and says FAA approval for its first autopilot system is 18 to 24 months away.
Founded by an MIT professor and a former DeepMind researcher, Eka has raised $150 million for a robot hand that relies on force and touch, not just cameras, to pick things up.
The money comes from General Catalyst's growth fund in a deal that does not dilute Otter's shareholders, as rivals pile into AI note-taking.
Approvals on the IndiaAI Compute Portal show nine foundation model builders have taken most of the ₹1,275 crore committed so far, while students and academics have received less than 1%.
The ChatGPT maker wants investor commitments before its rival lists in mid-November, in a round that could value it at more than $1.4 trillion, according to people familiar with the talks.
The data centre company and the Claude maker signed a deal of the same size in August. Both are expected to head for the stock market.
An H3 rocket launched the Martian Moons eXploration spacecraft from Tanegashima early on Tuesday Japan time, and JAXA confirmed it had separated from the upper stage and was on its way to Mars.
The PyTorch-based tool lets developers move AI apps to Amazon's own chip by changing one line of configuration, the company says, in its most direct challenge yet to Nvidia's CUDA software.
Attackers reached an older system holding API keys for 1.4% of OpenCode Console users. Some developers found charges of more than $1,000, and AI models at first refused to help the company investigate.
The Nvidia challenger, which designs chips for running AI models, more than doubled its value since late 2024 and plans to focus on open-weight models and video generation.
The 960-megawatt plant near Terre Haute would use X-energy's Xe-100 reactors and be run by American Electric Power, with Amazon as its first customer.
The digital rights group says the 8 and 10 October advisories could choke reporting on the Delhi protests, and has offered free legal help to anyone whose posts were withheld in India.
The SpaceX and Tesla chief called it 'the first of many' such gifts, but did not explain who would qualify or how the shares would be handed out.
Under a tie-up with the Academy of Scientific and Innovative Research, students will train at institutes such as those behind India's weather forecasts, with AcSIR awarding the degree.
An H3 rocket is scheduled to launch the Martian Moons eXploration spacecraft from Tanegashima early on Tuesday, opening a five-year round trip to bring home the first pieces of a moon of Mars.
The company says bursts of automated 'reading' on the anti-Trump coalition's account looked like bot traffic and tripped its security systems. It has apologised, but the organisers are not satisfied.
The campuses for Google's planned AI hub in Visakhapatnam will skip water-hungry cooling towers, the company says, as activists question their closeness to a drinking-water reservoir and a wildlife sanctuary.
An advisory to the owner of Facebook and Instagram, issued as protests over the electoral roll revision continue in Delhi, asks it to rework recommendations and add context to images of public events. Digital rights campaigners call it censorship.
The Claude maker says the fund could make large donations or pay money directly to groups affected by AI, but has not said who will decide how it is spent.
A Falcon 9 carrying 31 payloads is due to lift off from Florida at 4 pm IST on Monday, hours before Japan's H3 rocket sends the MMX probe towards Phobos.
The vaccine expert says the real number of infections in the largest US outbreak this year could be 5,000 to 10,000, as the CDC sends in an epidemic investigator.
Maharashtra's forest department has injected and released the leopards near Pune, testing a non-lethal way to slow population growth in an area where leopard attacks have killed 56 people since 2000.
The Global Climate and Health Alliance says India's new climate pledge barely mentions health or air pollution, even as dirty air is linked to about two million deaths a year.
Speaking at an STPI and IIT BHU conclave in Varanasi, the IT ministry's top official pointed to screening, diagnostics and remote ICU monitoring as uses India should build on.
A bench led by Chief Justice Soumen Sen has given three Union ministries and the two app store owners four weeks to file affidavits on why the offline Bluetooth messaging app was taken down in India.
Legal experts had called the line in Meta's updated commercial terms a remarkable provision. The company says its web crawling has not changed.
The film's distributor was told the account had been suspended over political content. X will not carry the film's ads, while Meta and YouTube reversed early rejections.
The Claude maker published data on its own workforce, arguing that how an AI-heavy company changes may hint at what is coming for hiring and work across the economy.
Engineers at the Vikram Sarabhai Space Centre simulated the moment the crew capsule breaks away from its service module before re-entry, and its systems came through the shock intact.
The region got 1,017.1 mm of rain between June and September, a quarter below normal, as a developing El Niño left Meghalaya, Manipur and Bihar parched and five states declared drought.
JAXA's Martian Moons eXploration mission is due to lift off on an H3 rocket from Tanegashima early on Tuesday morning Japan time, aiming to return Phobos soil to Earth in 2031.
Seamans, who led sales for Elon Musk's AI venture, is the latest of several commercial staff OpenAI has taken from SpaceX's AI units as it pushes for enterprise revenue.
Astronomers at the Raman Research Institute and Arizona State University found that energy from feeding black holes travels along their jets into the outer reaches of host galaxies.
The DPCC told the NGT it did not have the equipment to test groundwater around the Ghazipur landfill as ordered, and that it had floated a tender to buy it.
The AI coding platform's chief told a San Francisco audience that cost and performance drove the switch, but people close to the partnership say it is still in place.
Elon Musk's satellite internet company said on Friday night that its gateways in India were set up with government clearances, as the row over its delayed launch rolled on.
Field trials by German researchers on ten winter wheat varieties found that carbon dioxide levels expected by mid-century lowered gluten in most of them, with big differences between varieties.
The fitness chain, which runs 708 centres in 77 cities, can now go ahead with a public issue that also lets Temasek, Accel and co-founder Mukesh Bansal sell shares.
Six researchers from the non-profit METR will get company laptops, office space and internal tools, and Anthropic has given up the right to block what they publish.
Reliance Industries broke its silence on Friday after Elon Musk accused Mukesh Ambani of blocking Starlink, saying Jio's own satellite service is waiting on the same government clearances.
India's cyber security agency says autonomous AI agents under testing read business records holding personal data, and that none of the organisations hit noticed on their own.
A western disturbance brought thunderstorms on Thursday, pushing the capital's air quality into the satisfactory range on Friday morning and leaving October with nearly three times its normal rain.
Founded last year by Yogesh Ghaturle, Ashish Daga and Tushar Makkar, Origin has come out of stealth with a robot that sands, primes and finishes walls on building sites.
Flipkart's operations improved in the year it moved its holding company back to India, but higher finance costs kept the net loss at ₹8,468 crore.
The National Medical Commission's ethics board has set out guidelines on hair transplantation after a serious infection was reported following a procedure in Kochi.
The CRS-35 capsule latched on to the International Space Station on Thursday evening India time, two days after launch, carrying about 2,860 kg of supplies and research.
The Taiwanese chipmaker earned NT$763 billion in July to September and expects sales to climb again this quarter, to as much as $54.3 billion.
Fifty-one stubble fires in a single day took the state's season count to 174, ahead of last year's pace, with Amritsar and Tarn Taran again the hotspots.
The Claude maker's agreement with Singapore's digital ministry covers model testing, safety research and incident response, signed during the city-state's cyber week.
Denver start-up Intero Biosystems ships millimetre-sized human gut organoids to drugmakers, as US regulators open the door to non-animal testing.
The GenoMorph platform has picked out about 2,300 candidate edits for the shape of the dodo's skull and face, working from a single surviving genome.
Tracks will be marked fully, partly or not made with generative AI. Deezer says more than half its daily uploads are now AI-generated.
At the Bloomberg New Economy Forum in New Delhi, the Airtel chairman said AI should not be stifled, while OpenAI said Indian firms now want results, not trials.
Reliance's digital arm will sell up to 270 million new shares, raising about ₹30,200 crore at the top of the band and valuing the company near ₹10.3 lakh crore.
The NCPCR says child-safety guidelines for social media, gaming and AI platforms will come by December, with age checks and new reporting tools.
The Dutch maker of lithography machines expects sales of €44 billion to €45 billion this year, and says even a 30% capacity increase will fall short in 2027 and 2028.
Meta has brought its AI-powered 'Your Algorithm' tool from Instagram to Facebook, so people can ask for more or less of a topic in Feed and Reels.
Apple can also question OpenAI's chief hardware officer under oath, but a California court turned down its wider requests for OpenAI's hardware research.
Federal prosecutors say a product team member planted the device behind a television at OpenAI's San Francisco office. The FBI calls protecting the company's technology a counter-intelligence priority.
The chatbot company, once valued at more than $1 billion, has chosen a court-supervised sale. Its chief executive says the platform will be wound down if no other bid comes in.
Helix Carbon says its electrolyser turns a furnace's carbon dioxide back into carbon monoxide, replacing a third of the coke and saving about $14 per tonne of iron.
People taking GLP-1 drugs such as Ozempic and Mounjaro were four times as likely to report nails lifting from the nail bed, dermatologists told a congress in Europe.
The RSS-affiliated group's Ashwani Mahajan says Starlink's satellite laser links could route Indian internet traffic beyond the reach of lawful monitoring.
The CRS-35 cargo capsule launched from Florida on Tuesday afternoon India time and is due to reach the International Space Station on Thursday evening with 2,860 kg of supplies and science.
The grocery group behind Albert Heijn, Delhaize, Food Lion and Stop & Shop shut down systems to contain a security breach. Stores stay open, but online orders and loyalty schemes have stopped.
The third-generation in-house accelerator will become the main engine behind Copilot and other Microsoft AI products from 2027, the company says.
A review of three decades of climate fingerprint research rebuts a US government report used to scrap America's legal basis for regulating greenhouse gases.
The first cohort under the ₹1 lakh crore Research, Development and Innovation Fund will back companies turning lab research into products, as deep-tech funding nearly triples.
The chipmaker is backing an open specification for how AI data centres are laid out, cooled and powered, as rack power heads towards a megawatt.
The defence electro-optics maker opens its public issue on 15 October, a test of investor appetite for Indian defence technology.
The two American economists showed how the everyday choices of households and firms add up to booms and slumps, and how well-timed policy can soften both.
In a blog post, the Microsoft chief set out seven principles for deploying advanced AI, from tamper-proof records of every action to a human who can stop a model mid-task.
Paying users get GPT-6 Sol and free users a lighter model, Luna. A new 'Intelligent UI' lets ChatGPT reply with diagrams, maps and small working tools instead of only text.
The IceCube observatory, buried in a cubic kilometre of Antarctic ice, caught the first high-energy neutrinos from beyond the solar system and traced some of them to distant galaxies.
The government says all three licensed satellite internet companies, Jio's included, are at the same stage. Elon Musk has asked whether Mukesh Ambani is 'the real boss of India'.
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