Latest news with #Scaling
Economic Times
03-08-2025
- Business
- Economic Times
Anthropic CEO fires back at NVIDIA's Jensen Huang sparking explosive AI ethics clash. Calls his words 'the most outrageous lie'
AP In a heated exchange, Anthropic CEO Dario Amodei refuted NVIDIA CEO Jensen Huang's claims about his stance on AI governance, calling them an "outrageous lie." Amodei advocates for responsible AI development, emphasizing safety and transparency, while Huang champions open innovation and market-driven progress. In a sharply worded rebuttal that adds heat to an already simmering Silicon Valley rivalry, Anthropic CEO Dario Amodei has accused NVIDIA CEO Jensen Huang of twisting his words and intentions on AI governance and safety. Speaking on the Big Technology Podcast , Amodei slammed Huang's claim that Anthropic believes only it should be allowed to develop advanced AI systems. 'That's the most outrageous lie I've ever heard,' Amodei said, visibly frustrated. 'I've said nothing that anywhere near resembles the idea that this company should be the only one to build the technology.' The comments come amid a widening philosophical divide in the tech world—between those calling for controlled, measured AI deployment and others advocating for open innovation at full throttle. — BigTechPod (@BigTechPod) The feud escalated after Jensen Huang publicly accused Amodei of advocating for exclusive control over AI development. During VivaTech 2025 in Paris, Huang told reporters, 'He thinks AI is so scary, but only they should do it,' referring to Amodei's lobbying for export controls on semiconductor technology and repeated warnings about AI's disruptive potential. Amodei has indeed sounded the alarm on AI's capacity to wipe out as much as 20% of entry-level white-collar jobs in the next five years—a prediction he shared with Axios earlier this year. Huang, on the other hand, has remained consistently upbeat, insisting AI will transform rather than destroy jobs. 'I pretty much disagree with almost everything he says,' Huang said at the summit. On the podcast, Amodei elaborated on what he calls a 'race to the top'—an approach he believes all AI developers should follow. 'When you have a race to the bottom, it doesn't matter who wins—everyone loses,' he said. 'With a race to the top, it doesn't matter who wins because everyone wins.' He pointed to Anthropic's transparent policies, such as their 'Responsible Scaling Policy' and open-access interpretability research, as proof that the company is not hoarding progress behind closed doors. Instead, he argued, these initiatives were designed to encourage safer practices across the entire industry. 'We've released our work so others can build on it,' Amodei said. 'Sometimes that means giving up commercial advantages—but it's worth it for the field to grow responsibly.' There may also be financial motivations at play in this war of words. Amodei's support for semiconductor export controls to China could hinder NVIDIA's massive chip sales, particularly in the AI boom where demand for powerful GPUs is soaring. Huang, whose company stands to lose billions if such restrictions tighten, has not held back his criticism of Amodei. Amodei, however, is adamant that the friction isn't about limiting competition but about fostering responsibility in an industry where mistakes can have global consequences. 'It's just an incredible and bad faith distortion,' he said of Huang's the race toward superintelligence intensifies, the dispute between Amodei and Huang highlights an essential question: who gets to define 'safe' in the age of AI? While Meta, OpenAI, Google, and Anthropic continue pushing the frontiers of artificial intelligence, the real divide may not lie in model sizes or compute power—but in values. Should AI be guided by market dynamics and open-source contributions, as Huang believes? Or does it need more control and caution, as Amodei argues?
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Business Standard
08-07-2025
- Business
- Business Standard
India's services sector 'epochal opportunity' for investors: Report
India's services sector contributed 55 per cent to the country's gross domestic product in FY25, up from 40 per cent in the early 1990s and providing 'wealth-creation opportunities', said a report on Monday. The sector is the cornerstone of India's ambition to be a $5 trillion economy and an 'epochal opportunity' for investors, said Axis Mutual Fund's report named Scaling New Hights-India's Service Sector Report The sector grew at an average of 8.3 per cent annually in the post-pandemic period (FY23-FY25). Sub-sectors such as IT, financial services, healthcare, telecom and e-commerce are seeing 'unprecedented momentum' due to digitalisation, rising incomes and urbanisation, it said. For investors, this structural growth translates into potential wealth creation opportunities over the long term. IT services are projected to grow 4-6 per cent in FY26 as companies tap into generative artificial intelligence and Cloud technologies. Financial services continue their digital transformation, with mutual fund assets under management growing at over 20 per cent compound annual growth rate over the past decade. Health care reported a 62 per cent year-on-year expansion in March 2025, driven by tech adoption and rising demand. Indian ecommerce's size will triple from $103 billion in 2024 to $325 billion by 2030, making it one of Asia-Pacific's fastest-growing markets, said the report. Investment opportunity The sector has consistently attracted the highest share of foreign investments, accounting for 19 per cent of all such inflows in FY25. Investors looking to benefit from this trend may consider: Sector-focused mutual funds and exchange-traded funds, including those benchmarked to the Nifty Services Sector index, which posted a 10-year CAGR of 13 per cent. Stocks in key sub-sectors like IT, BFSI, telecom, and healthcare that stand to gain from these structural shifts. Emerging themes such as fintech, medtech and premium consumer services. The report said that while the long-term story remains strong, investors should be mindful of short-term volatility, especially during global downturns. A diversified portfolio and long investment horizon are recommended.
Yahoo
19-03-2025
- Business
- Yahoo
Business Weekly Agenda for March 18
Thursday March 20 Berks LaunchBox presents 'Scaling Up: Managing Growth,' 12 to 1:30 p.m., virtually via Zoom or in-person at Penn State Brandywine, 25 Yearsley Mill Road, Media. This workshop dives into how to manage growth and scale a business effectively. Entrepreneurs will explore strategies for scaling their operations, managing increased demand, and building the systems needed to sustain growth. Registration: This workshop is free to the public. Tuesday March 25 The TriCounty Area Chamber of Commerce will present 'State of the County: Meet the Montgomery County Commissioners,' 8 to 10 a.m., Montgomery County Community College Blue Bell Campus, 340 DeKalb Pike, Blue Bell. Meet the county commissioners — Jamila Winder, Neil Makhija, and Thomas DiBello — as they provide insight into their priorities and what is happening in Montgomery County. Registration: Cost: $10 for members. Wednesday March 26 The Small Business Resource Association is hosting a 'Mingle at B2 Bistro,' 5:30 to 7 p.m., at B2 Bistro, 701 Reading Ave., West Reading. Registration: This event is free for members, $25 at the door for non-members. Thursday March 27 Berks LaunchBox presents 'Marketing 101: Getting your First Customers,' 5 to 6:30 p.m., virtually via Zoom or in-person at Penn State Brandywine, 25 Yearsley Mill Road, Media. This workshop covers the fundamentals of digital and grassroots marketing, giving entrepreneurs practical, actionable tactics to create buzz, generate leads, and convert those leads into paying customers. Registration: This workshop is free to the public. Thursday March 27 The TriCounty Area Chamber of Commerce with present its 'Boyertown Area Progress Dinner,' 5 to 8:30 p.m., La Massaria at Bella Vista, 2901 Fagleysville Road, Gilbertsville. Join with the chamber in celebrating the Boyertown area. The chamber will present the James K. Boyer Quality of Life Award to Preston's Pantry for its involvement and service to the community. Registration: Cost: $100 for members; $200 for non-members. Tuesday April 1 Berks LaunchBox presents '3D Printing for Beginners,' 6 to 8 p.m., at the Berks LaunchBox, Goggleworks Center for the Arts, Suite 105, 201 Washington St., Reading – in Spanish and English. In this program, discover the software and equipment used in this process, as essential terms and tips of 3D printing are explored. Attendees will learn the step-by-step procedures for designing, slicing and printing — transforming ideas into creations. To register: This workshop is free to the public. Thursday April 3 The Greater Reading Chamber Alliance (GRCA) will host 'Financial Foundations for Nonprofits: A Hands-On Workshop,' 8 to 10 a.m., McGlinn Conference Center, 460 St. Bernardine St., Reading. This interactive session will demystify nonprofit financial management through real-world examples, group discussions and expert guidance, and will feature five speakers from RKL Virtual Management Solutions. They aim to transform your understanding of nonprofit financial management in a hands-on workshop designed specifically for non-profit leaders, board members and staff. Registration: Cost: $20 for members, $50 for non-members and $30 for Association of Fundraising Professionals Berks County members (contact Anna Lisa at ALisa@ to register). Thursday April 3 Berks LaunchBox presents 'Building a Resilient Entrepreneurial Mindset,' 12 to 1:30 p.m., virtually via Zoom or in-person at Penn State Brandywine, 25 Yearsley Mill Road, Media. Building and growing a business is a long and challenging journey, so entrepreneurs need mental resilience and emotional intelligence to stay motivated through setbacks, failures, and successes. This workshop focuses on practical strategies for developing a strong entrepreneurial mindset that can handle the ups and downs of the business world. Registration: This workshop is free to the public. Friday April 4 The Small Business Resource Association will host a 'Breakfast Referral Club,' 7:30 to 9 a.m., B2 Bistro, 701 Reading Ave., West Reading. Cost: The cost of your breakfast. Registration: Tuesday April 8 The TriCounty Area Chamber of Commerce will host a 'REACH Luncheon — Life and Leadership: Lessons Learned,' 11:30 a.m. to 1:30 p.m., Brookside Country Club, 850 N. Adams St., Pottstown. The luncheon will feature speaker Holly Badali, president of neighborhood hospitals within Lehigh Valley Health Network. She will share her story, advice on career growth, leadership development and overcoming barriers. Registration: Cost: $45 for members, $90 for non-members. Thursday April 10 Berks LaunchBox presents 'Live Demo: Building a Website for Your Art,' 6 to 8 p.m., at Berks LaunchBox, GoggleWorks Center for the Arts, 201 Washington St., Suite 105, Reading. This session will introduce FASO (Fine Art Studio Online), a powerful, artist-focused platform designed to help artists showcase and sell their work with ease. Registration: This workshop is free to the public. This workshop is free to the public. Wednesday April 16 Berks Women2Women (W2W), a special program of the Greater Reading Chamber Alliance, will host its '14th Annual Conference & Expo,' 8 a.m. to 3:30 p.m., DoubleTree by Hilton Reading, 701 Penn St., Reading. Keynote speaker Jane Winchester Paradis, owner & founder, Jane Win Jewelry, will share 'From Passion to Prosperity: The Journey of an Entrepreneur.' Jackie Stiles, vice president of business development and special programs, GRCA, will sit down with Winchester Paradis to discuss her entrepreneurial journey. The event also will honor the 2025 ATHENA Award recipient as well as the recipient of the new EmpowHER Award. Registration is required: Cost: $115 for an all-day pass for members, $130 for non-members; keynote and coffee only $50; afternoon ATHENA celebration and lunch only $50. Wednesday April 23 Berks LaunchBox presents a women's networking event — 'Female Entrepreneurs: Overcoming Challenges, Building Businesses with Success,' 6 to 8 p.m., at Berks LaunchBox, Goggleworks Center for the Arts, Suite 105, Reading. Join two entrepreneurs as they share their personal stories, the challenges they faced and the strategies they used to move forward. The panel includes Lucine Sihelnik, president & CEO of the Greater Reading Chamber Alliance, and co-founder of the Great American Creamery, who will appear in-person; and Haley Marie McClain Hill, founder of TORCH Warriorwear, former NFL cheerleader, and U.S. Air Force Veteran, who will appear via Zoom. Registration: This workshop is free to the public. Tuesday May 6 Berks LaunchBox presents '3D Printing for Beginners,' 6 to 8 p.m., at the Berks LaunchBox, Goggleworks Center for the Arts, Suite 105, 201 Washington St., Reading – in Spanish and English. In this program, discover the software and equipment used in this process, as essential terms and tips of 3D printing are explored. Attendees will learn the step-by-step procedures for designing, slicing and printing — transforming ideas into creations. To register: This workshop is free to the public. Every second Tuesday The SHRM Berks County Chapter meets from 7:30 to 9 a.m. Meetings feature a speaker presenting on a relevant HR topic. Visit to see the meeting and event schedule. Email your news to money@readingeagle.
