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India.com
3 hours ago
- Health
- India.com
Man Hospitalised After Following Harmful Diet Tips Allegedly Given By ChatGPT
In a rare and alarming case, a man in the United States developed life-threatening bromide poisoning after following diet advice given by ChatGPT. Doctors believe this could be the first known case of AI-linked bromide poisoning, according to a report by Gizmodo. The case was detailed by doctors at the University of Washington in 'Annals of Internal Medicine: Clinical Cases'. They said the man consumed sodium bromide for three months, thinking it was a safe substitute for chloride in his diet. This advice reportedly came from ChatGPT, which did not warn him about the dangers. Bromide compounds were once used in medicines for anxiety and insomnia, but they were banned decades ago due to severe health risks. Today, bromide is mostly found in veterinary drugs and some industrial products. Human cases of bromide poisoning, also called bromism, are extremely rare. The man first went to the emergency room believing his neighbour was poisoning him. Although some of his vitals were normal, he showed paranoia, refused water despite being thirsty, and experienced hallucinations. His condition quickly worsened into a psychotic episode, and doctors had to place him under an involuntary psychiatric hold. After receiving intravenous fluids and antipsychotic medicines, he began to improve. Once stable, he told doctors that he had asked ChatGPT for alternatives to table salt. The AI allegedly suggested bromide as a safe option advice he followed without knowing it was harmful. Doctors did not have the man's original chat records, but when they later asked ChatGPT the same question, it again mentioned bromide without warning that it was unsafe for humans. Experts say this shows how AI can provide information without proper context or awareness of health risks. The man recovered fully after three weeks in hospital and was in good health during a follow-up visit. Doctors have warned that while AI can make scientific information more accessible, it should never replace professional medical advice and, as this case shows, it can sometimes give dangerously wrong guidance.
Economic Times
5 days ago
- Business
- Economic Times
Palantir lifts annual revenue forecast again as AI demand accelerates
The data analytics and defense software firm is getting a boost from U.S. President Donald Trump's focus on national security and a shift in the Pentagon's software-buying process towards commercial and "non-traditional" providers. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Palantir Technologies on Monday raised its annual revenue forecast for the second time this year, expecting sustained demand for its AI-linked services from businesses and data analytics and defense software firm is getting a boost from U.S. President Donald Trump's focus on national security and a shift in the Pentagon's software-buying process towards commercial and "non-traditional" week, the U.S. Army said it might purchase services of up to $10 billion from the company over a shares were up 4% in extended trading. They have more than doubled in value this year, as investors bet on the company's ability to benefit from the proliferation of AI technology and government spending on defense company projected revenue in the range of $4.14 billion to $4.15 billion this year, up from its earlier forecast of between $3.89 billion and $3.90 raised forecast is also above analysts' average estimate of $3.90 billion, according to data compiled by to the U.S. government jumped 53% to $426 million, representing more than 42% of total second-quarter revenue of about $1 billion, which beat estimates."They have accelerants on both sides (commercial and government)" said Gil Luria, an analyst at D.A. Davidson who has a "neutral" rating on the stock."On the government side, their capabilities have gotten to a point where they can be the lead contractor on increasingly large projects."Palantir, co-founded by tech billionaire Peter Thiel, said it expects revenue derived from U.S. businesses to come in above $1.30 billion this year, up from its earlier guidance of more than $1.18 company beat second-quarter adjusted earnings expectations and forecast current-quarter sales above expects expenses to significantly ramp up in the third quarter due to the seasonality of the hiring process, CFO David Glazer said during a post-earnings firms have been competing to attract and retain top talent, as they race to champion rapidly evolving AI technology. "We are doing very well on the talent acquisition and retention side," CEO Alex Karp said on the the hiring frenzy for AI roles escalates to professional athlete levels, Karp said that recruiting did not focus on educational background."Once you come to Palantir, you're a 'Palantirian'. No one cares about the other stuff."
Time of India
27-07-2025
- Business
- Time of India
Gold price prediction: Analysts forecast gold rates for August
Gold price was down throughout the previous week as gold rate was down by over one per cent to $3,335.60. Gold prices are expected to witness further consolidation in the coming week as investors brace for a slew of events, including the US Federal Open Market Committee (FOMC) meeting's outcome, to global trade negotiations, analysts said. Gold will also face tough challenges from developments related to the August 1 trade deal deadline. August 1 marks the end of the suspension period of Trump tariffs imposed on dozens of countries, including India. Gold Rate to Remain Low On the global front, Comex gold futures for August delivery slipped by USD 37.90 or 1.12 per cent to close at USD 3,335.60 per ounce in New York. Explore courses from Top Institutes in Please select course: Select a Course Category Operations Management Technology Artificial Intelligence healthcare Project Management Others MBA Data Science Degree PGDM Design Thinking Management Data Analytics MCA Cybersecurity Leadership Product Management Digital Marketing CXO Data Science Healthcare Finance others Public Policy Skills you'll gain: Quality Management & Lean Six Sigma Analytical Tools Supply Chain Management & Strategies Service Operations Management Duration: 10 Months IIM Lucknow IIML Executive Programme in Strategic Operations Management & Supply Chain Analytics Starts on Jan 27, 2024 Get Details N S Ramaswamy, Head of Commodity & CRM, Ventura , said gold saw a sharp drop from USD 3,438 to USD 3,335.60 per ounce amid an extended tariff truce between the US and China, which has added to this sentiment. Gold may stay weak as hopes of more trade deals or tariff delays before the August 1 deadline, Ramaswamy stated. Safe haven demand seems to have vanished and has lifted the US stocks and Treasury yields, buoyed by strong AI-linked corporate earnings and risk-on appetite. The next move in gold will depend on whether the US Fed signals a more dovish stance or if tensions flare again on the tariff front, he said. Live Events Ramaswamy added that a possible resumption of Chinese central bank gold buying could offer support later in 2025, but for now, the market may remain in a phase of consolidation. When will Gold Price Rise? Gold prices may see some consolidation in the week ahead as the focus will be on the outcome of trade negotiations between the US-Euro zone and the US-China along the policy meeting of the US Federal Reserve and Bank of Japan, both of them expected to keep interest rates on hold. However, their official commentary will be closely watched, Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services, said. Gold prices have had a good ride in July; however, the correction was driven by lower safe-haven demand and expectations of a breakthrough in trade deals, Prathamesh Mallya, DVP - Research, Non-Agri Commodities and Currencies at Angel One, said. Mallya expects that precious metal prices to remain under pressure and added that the US GDP data will also play a critical role in shaping gold's trajectory in the short term. FAQs Q1. What is the current gold price? A1. Globally, spot gold is trading around $3,348–$3,350 per ounce, well above the $3,300 mark reached earlier in July. Analysts noted record highs of about $3,500 per ounce in April, with sustained demand from investors and central banks pushing prices higher. Q2. What are experts forecasting for gold prices in 2025? A2. HSBC has revised its 2025 average forecast upward to $3,215/oz (up from $3,015), with a year-end projection of $3,175/oz and a 2026 forecast of $3,025/oz. It anticipates gold trading between $3,100 and $3,600/oz for the rest of the year. Other institutions offer similarly bullish targets: Citi sees $3,000/oz, Goldman Sachs targets $3,100/oz, and UBS projects $3,200/oz in 2025. Some long-range forecasts even suggest $4,000/oz by mid-2026 if current geopolitical and economic stresses persist.
Yahoo
17-05-2025
- Business
- Yahoo
Crypto Miners Soar on OpenAI-CoreWeave Deal; Galaxy Jumps in Nasdaq Debut
While cryptocurrencies put in a flattish performance on Friday with bitcoin BTC churning around $104,000, crypto-related stocks were having a moment to shine. Crypto mining and data center firms such as Cipher Mining (CIFR), Hive Digital (HIVE), Hut 8 (HUT) and TeraWulf (WULF) booked 10%-20% gains on optimism about artificial intelligence (AI) computing demand, jolted by CoreWeave (CRWV) signing a $4 billion deal with ChatGPT-developer OpenAI. These firms are often seen as proxies for AI-linked infrastructure bets due to their data center assets. For its part, CoreWeave soared more than 26%. The rally extended to Galaxy Digital (GLXY), which rose 8% on its first day of trading on the Nasdaq, marking the firm's long-awaited U.S. market debut. The company, previously only listed in Toronto, manages crypto investments and trades digital assets and also has a data center business. Crypto exchange Coinbase (COIN) rebounded 9% after a sharp drop Thursday triggered by customer data breach and ongoing regulatory scrutiny by the U.S. Securities and Exchange Commission (SEC).DeFi Development (DFDV), the real estate tech firm with a Solana SOL treasury strategy, surged 45% to fresh record highs on news of striking a validator operation deal with memecoin BONK BONK and adding more SOL tokens to its balance sheet. Meanwhile, BTC held just above $104,000, up 1.3% over the 24 hours, while ether ETH gained 2.3% to $2,580. The broad-market CoinDesk 20 Index was flat, with XRP XRP underperforming as a U.S. judge rejected the settlement proposal between Ripple and the SEC. On the macro front, the University of Michigan's latest inflation survey showed consumers expect 1-year inflation to rise to 7.3%, up from 6.5%, the highest since the 1980s, while expectations for 5-10 years ticked up to 4.6%, a multi-decade high. "It's so high it doesn't make sense," Louis Navellier, chief investment officer of money management firm Navellier said in a market note. Responses showed staggering divergence in outlooks by political affiliations, with the Republican outlook for far tamer inflation. Traditional markets, consequently, shrugged off the data, with major U.S. stock indices climbing higher towards the latter hours of the session. However, rising inflation expectations may have a second-order impact on markets by discouraging Fed policymakers from cutting rates in the next months. "The concern here is that the Fed has expressed interest in consumer expectations on inflation, and with their concern about the potential of tariff-fueled inflation, it may give them further reason to pause," Navellier said.
Yahoo
10-04-2025
- Business
- Yahoo
Microsoft stock slips. Wedbush says trade war uncertainty will hit AI plans and earnings
Microsoft (MSFT) stock fell more than 5% in afternoon trading certainty, with Amazon (AMZN) and the other Magnificent 7 shares also losing ground as investors continued to reassess the fallout from this week's abrupt tariff pause — and its likely ripple effects across corporate IT spending. Adding to the pressure, Wedbush Securities cut its 12-month price target for Microsoft stock by almost 14%, from $550 per share to $475. Wedbush warned that economic whiplash and tariff turmoil were putting enterprise tech budgets on ice, especially for big-ticket cloud and AI projects. The influential investment firm maintained its Outperform rating on Microsoft stock but said the 'tariff game of poker' unfolding in Washington has already 'created real damage to the corporate spending mentality.' Microsoft, with deep exposure to AI and cloud infrastructure, is likely to feel that demand-side chill first. Wedbush analysts described the past week as an 'economic Twilight Zone' after President Donald Trump announced sweeping tariffs — then abruptly paused them for 90 days. While the temporary truce offered short-term relief, Wedbush emphasized that 'thinking this tariff issue is now done is the wrong view,' arguing that the true impact on enterprise budgets and IT roadmaps will begin to emerge in second-quarter tech earnings. In one of its most pointed warnings, Wedbush called the tariffs 'a negotiation tactic for Trump,' but said the gamble could have real and lasting consequences: 'The impacts and gamble to the real economy are a snowball that once it starts rolling downhill it cannot be just investors will see that front and center during earnings season for tech kicking off in the next few weeks.' Wedbush estimates that 10% to 15% of cloud and AI initiatives across U.S. enterprises could be pushed out amid the current economic uncertainty — potentially dragging down growth in Microsoft's Azure and AI-linked revenue through the summer. Investors, Wedbush suggested, may need to write off the current quarter as a 'mulligan' for Microsoft and other major tech firms. While remaining bullish on Microsoft, Wedbush advised that, 'Investors will need to buckle the seat belt and look past the next few quarters of choppiness — and hold the tech winners through the storm.' For the latest news, Facebook, Twitter and Instagram. Sign in to access your portfolio
