Diminishing Donald

Earnings call transcript: Navan tops Q2 2026 estimates but shares sink after hours

Sam Altman refutes claims that AI computing consumes excessive water, emphasizing that contemporary data centers utilize advanced cooling technologies that differ significantly from outdated models. He likens the water consumption of AI systems to that of almond farming, dubbing prevalent narratives as misconceptions. Moreover, he notes that large data centers require a similar amount of…

India Inc’s sales surged over 22% in the June quarter, but salary growth stayed below 9%, raising concerns about muted wages amid AI adoption and cost pressures