Download Unicorn Signals App

By EquityPandit

EquityPandit

EquityPandit
STOCK MARKET

Vedanta to Raise Upto Rs 500 Crore via NCDs

Vedanta's net profit slipped to Rs 2,690 crore.

On December 6, 2022, the mining company announced the approval of the board of directors that a meeting will be held on December 9, 2022, to consider and approve the issuance of non-convertible bonds (NCD) in instalments with a total amount of not more than Rs 500 crore for financing. The company has to offer rated, redeemable, unsecured, non‐convertible, and non‐cumulative debentures aggregating up to Rs 500 crore.

It is one of the leading oil and gas and metals companies with significant operations in zinc, oil and gas, lead, copper, silver, iron ore, steel, aluminium and power in India, Namibia and South Africa.

Vedanta’s net profit fell 53.71% to Rs 2,690 crore, even though operating income rose 20.6% to Rs 36,237 crore in Q2FY23 compared to Q2FY22. Shares of Vedanta Ltd rose 0.19% to 314.90 rupees on the BSE.

Get Daily Prediction & Stocks Tips On Your Mobile


I would like to receive communication from EquityPandit via sms, email, whatsapp, Google RCS for offers, updates etc.
TECHNOLOGY

Google in Advanced Talks to Acquire NVIDIA AI Chips

Dhruva Kulkarni

Google is reportedly in late-stage talks with AI cloud provider CoreWeave to lease NVIDIA’s Blackwell chips amid an ongoing AI chip shortage. 

CoreWeave’s close ties with NVIDIA and rapid AI data centre expansion have attracted interest from companies like OpenAI and Meta.

You Might Be Interested In

On Wednesday, CoreWeave’s stock climbed 14% to over $60, rebounding from its $40 IPO price. This comes despite reports that Microsoft may end data centre leases, with Google potentially acquiring some of the available capacity.

With AI firms like xAI and OpenAI emphasising the ongoing NVIDIA GPU shortage, computing power remains a critical asset. If finalised, Google’s deal with CoreWeave would strengthen its AI infrastructure in an increasingly competitive market.

Curious About AI Stocks? Ask the Analyst.

Ready to invest like a pro? Unicorn Signals app equips you with 100+ Free tools and knowledge you need to succeed. Download the Unicorn Signals app and gain access to daily stock lists and insightful market analysis and much more!

TECHNOLOGY

Trump to Review TikTok Sale Plans in Wednesday Meeting

Dhruva Kulkarni

President Donald Trump will review a proposal on Wednesday for TikTok’s US divestment from ByteDance, just days before the 5th April deadline.

The deal may involve Oracle, Blackstone, and other investors, with Oracle providing security assurances while TikTok’s algorithm remains under Chinese control.

Trump will consult with Vice President JD Vance and top officials, though it’s unclear if ByteDance or China are involved.

You Might Be Interested In

The sale deadline, initially set for 19th January, has already been extended once, and Trump may extend it further if needed.

Critics, including some Republican lawmakers, argue the deal may not fully address data security concerns or Chinese influence.

Trump has downplayed urgency, noting strong investor interest and suggesting he might lower tariffs to gain Beijing’s approval.

Stock Insights? Let the Analyst Guide You.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!

TECHNOLOGY

India Emerges as Fastest-Growing Market for AI Voice Tech Firm ElevenLabs

Dhruva Kulkarni

India has become the fastest-growing market for AI voice technology firm ElevenLabs, with a 50% growth in usage from November to January, driven by the country’s diverse languages and increasing demand for quality voice translation.

Founded just two years ago, ElevenLabs has achieved unicorn status, raising $180 million in its latest funding round and expanding its team from 5 to 150 employees.

The company gained attention for dubbing Prime Minister Narendra Modi’s interview with Lex Fridman and has also worked on AI voice dubbing for world leaders like Volodymyr Zelenskyy and Javier Milei.

You May Find This Interesting

ElevenLabs’ mission is to preserve the essence of original voices while making content more accessible, claiming to have the best voice technology.

The AI voice market is projected to reach $1.82 billion by 2030, with increasing competition from giants like Google and OpenAI.

The company has partnered with major organisations such as Star Cricket and Qube Cinema and launched a speech-to-text tool, Scribe, in 11 Indian languages with superior accuracy.

ElevenLabs remains focused on innovation, continued investment in AI research, and expanding its reach in India.

Stay Ahead with AI Stocks. Ask the Analyst.

The future of investing is here!
Unicorn Signals leverages advanced AI technology to provide you with powerful market predictions and actionable stock scans. Download the app today and 10x your trading & investing journey!

TECHNOLOGY

Perplexity CEO: No Financial Issues, No IPO Before 2028

Dhruva Kulkarni

Perplexity CEO Aravind Srinivas dismissed concerns about the company’s financial health, stating it has sufficient funding, growing revenue, and no IPO plans before 2028.

A Reddit post alleged financial struggles at Perplexity, citing cost-cutting measures like Auto mode resetting user-selected models and the removal of high-quality models like o1.

You May Find This Interesting

Srinivas clarified that Auto mode was introduced to simplify AI products by reducing excessive buttons and menus.

He acknowledged that rapid feature rollouts, such as Answer mode, have led to bugs, quality issues, and user confusion. Srinivas apologised for the dip in quality and lack of transparency, promising to improve internal processes.

Got AI Stocks-Related Questions? The Analyst is Ready.

Ready to invest like a pro? Unicorn Signals app equips you with 100+ Free tools and knowledge you need to succeed. Download the Unicorn Signals app and gain access to daily stock lists and insightful market analysis and much more!

TECHNOLOGY

ChatGPT’s Viral Ghibli-Style Images Spark AI Copyright Debate

Dhruva Kulkarni

Studio Ghibli fans were thrilled that a new ChatGPT feature would let them transform memes and personal photos into Hayao Miyazaki’s signature style. However, the trend sparked ethical concerns over AI’s impact on artists and copyright. Miyazaki, known for hand-drawn animation, has been critical of AI in animation.

Users shared AI-generated Ghibli-style images, including personal photos, famous images, and memes. OpenAI encouraged the trend, with CEO Sam Altman changing his profile picture to a similar image. The company stated it avoids mimicking living artists but permits broader studio styles.

You May Find This Interesting

Studio Ghibli has not commented, but Miyazaki’s past remarks resurfaced, calling AI animation an “insult to life itself.” Legal experts questioned whether OpenAI had the right to train its AI on Ghibli’s work. While “style” isn’t copyrightable, AI-generated works could still resemble copyrighted material.

Artists criticised OpenAI for exploiting Ghibli’s reputation without consent. The controversy intensified when the White House used AI to create a Ghibli-style image of a detained immigrant, fueling further backlash.

Curious About AI Stocks? Ask the Analyst.

Tired of missing hot stocks? Unicorn Signals provides powerful tools like stock scans and more help you make informed trading decisions. Download now and take control of your portfolio!

@2025 - www.equitypandit.com. All Right Reserved.
Latest
IPO
Weekly
Outlook

Stock
Market
Prediction