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Global Investors Position India as Anti-AI Play

2 weeks 4 days ago
Foreign institutional investors have pulled nearly $30 billion from Indian equity markets over the past twelve months. A substantial portion of that capital moved to Korea and Taiwan. Foreign portfolio investor ownership in stocks listed on India's National Stock Exchange fell from 22.2% in September 2024 to 17.3% in May 2025. Taiwan absorbed $15 billion of net foreign inflows in the third quarter of 2025 alone. HSBC analysts say global investors increasingly view India through the lens of AI economics and are positioning the world's most populous nation as a global anti-AI play. India employs roughly 20 million people directly and indirectly in IT services. Services account for 55% of Indian gross domestic product. HSBC estimates digital AI agents cost approximately one-third as much as human agents for customer support and certain mid-office functions. Global tech giants will spend two trillion dollars on AI infrastructure between 2025 and 2030. India's AI Mission committed $1.25 billion over five years beginning March 2024.

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Creator of Infamous AI Painting Tells Court He's a Real Artist

2 weeks 4 days ago
Jason Allen has responded to critics who say he is not an artist by filing a new brief and announcing plans to sell oil-print reproductions of his AI-generated image. Allen won the Colorado State Fair Fine Arts Competition in 2022 after submitting Theatre D'opera Spatial, which Midjourney created. He said in a press release that being called an artist does not concern him but his work and expression do. Allen says he asked himself what could make the piece undeniably art and decided to create physical reproductions using technology. The reproductions employ a three-dimensional printing technique from a company called Arius that uses oil paints to simulate brushstrokes. Allen said the physical artifact is singular and real. His legal filing argues that he produced the artwork by providing hundreds of iterative text prompts to Midjourney and experimenting with over six hundred prompts before cropping and upscaling the final image. The U.S. Copyright Office has rejected his copyright applications for three years. The office maintains that Midjourney does not treat text prompts as direct instructions.

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12 Years of HDD Analysis Brings Insight To the Bathtub Curve's Reliability

2 weeks 4 days ago
Backblaze has been tracking hard disk drive failures in its datacenter since 2013. The backup and cloud storage company's latest analysis of approximately 317,230 drives shows that peak failure rates have dropped dramatically and shifted much later in a drive's lifespan. Where the company once saw failure rates of 13.73% at around three years in 2013 and 14.24% at seven years and nine months in 2021, the current data shows a peak of just 4.25% at 10 years and three months. This represents the first time the company has observed the highest failure rate occurring at the far end of the drive curve rather than earlier in its operational life, it said. The drives maintained relatively consistent failure rates through most of their use before spiking sharply near the end. The improvement amounts to roughly one-third of the previous peak failure rates.

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