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Morgan Stanley upgrades Tesla on Dojo supercomputer potential

Morgan Stanley upgraded Tesla to ‘overweight’ from ‘equalweight’ and hiked the price target to $400 from $250, as it argued that the company’s Dojo supercomputer could add up to $500bn to the enterprise value. ....

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Reliance Industries, Tata Group sign AI deals with NVIDIA: What does this US tech giant really do?

NVIDIA, a US-based multinational technology company, recently announced AI partnerships with Indian conglomerates Reliance Industries and Tata Group. The partnerships aim to develop cloud infrastructure and language models, as well as generative applications. In the Reliance partnership, NVIDIA will provide the computing power required for building a cloud AI infrastructure platform, while Reliance unit Jio will manage and maintain the infrastructure and oversee customer engagement. The NVIDIA partnership will be used by India’s No.1 software services exporter, Tata Consultancy Services, to build and process generative AI apps and a supercomputer. TCS will also upskill its 600,000-strong workforce by leveraging the partnership. ....

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