News: $143 BILLION OpenAI LOSS, IndiGo Share CRASH 10%, LIC STAKE SALE & Sensex TANK
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News: $143 BILLION OpenAI LOSS, IndiGo Share CRASH 10%, LIC STAKE SALE & Sensex TANK
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comprehensive overview of global business and financial news, covering a diverse range of topics and market movements. Key discussions include the cancellation of a major media rights deal by Jio Star, partly due to losses and changes in the advertising landscape, and the significant drop in IndiGo's share price following negative public sentiment and operational issues. The source also examines the financial strategies of major tech players, noting OpenAI's massive projected negative free cash flow as it continues to burn cash to grow its business, and Google's challenge to Nvidia's dominance through its investment in rival chip technology (TPUs) by partnering with Anthropic. Furthermore, the news report touches on China's expanding trade surplus, the increasing adoption of Starlink in India, and domestic regulatory issues concerning digital gold and the storage of physical Aadhaar card copies.