Palantir CEO slams Silicon Valley rivals who he says don’t support US military

Palantir reported a significant revenue surge, exceeding analyst expectations. The company secured numerous high-value deals, boosting its financial performance. US commercial and government sectors drove substantial revenue growth for Palantir. Executives highlighted customer preference for AI sovereignty over rival models. CEO Alex Karp emphasized the inherent dangers and need for AI regulation.

Priscilla Chan shuts $125M school for disadvantaged to focus on AI

The Primary School, offering tuition-free education to low-income families, has officially closed, impacting around 540 children who depended on its support. The Chan Zuckerberg Initiative, the school’s benefactor, is redirecting its resources towards biotechnology and artificial intelligence. As part of its commitment, it has announced substantial funding aimed at assisting affected students and local organizations.

J&K on high alert ahead of Article 370 anniversary ‘Black Day’ protests

Security forces have increased vigilance across Jammu region ahead of planned protests. Political parties National Conference, PDP, and Congress will mark August 5 as ‘Black Day’. These demonstrations will occur outside their respective party headquarters in Jammu. Protesters are demanding restoration of statehood and constitutional safeguards for the region. Enhanced security measures include intensified vehicle…

NFO Insight: Edelweiss Nifty REITs & Realty Index Fund opens for subscription. Can its 60:40 REIT-realty mix deliver?

Edelweiss Mutual Fund has launched India’s first REITs-oriented index fund. This new fund offers investors a unique 60:40 mix of REITs and realty stocks. It aims to provide diversified exposure to India’s growing real estate market. Experts suggest it can be a satellite allocation for long-term investors. The fund seeks to balance income stability with…