EFG Holding reports Q2 net profit decline of 3% to EGP776m

Tata Steel reported a 15% year-on-year rise in Q1 consolidated net profit to Rs 2,318 crore, driven by higher revenue and stronger operating performance. Revenue grew 14%, while profit before tax increased despite higher expenses and exceptional restructuring-related charges during the quarter.

Anthropic is developing an internal team to design custom chips for its Claude AI models. This move addresses the current shortage of essential hardware needed for advanced AI development. The company is hiring engineers to co-design chips and AI models for better performance. Custom silicon represents a new step in their multi-chip strategy. Anthropic will…

On its sixteenth day of release, ‘Jana Nayagan’, featuring Thalapathy Vijay, saw a decline in box office performance, securing Rs 1.18 crore for its India net collection. This brings its global earnings to an impressive Rs 310.03 crore. In a different vein, R. Madhavan’s ‘G.D.N.’ kicked off its run with a humble Rs 59 lakh…