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After the Metaverse concept failed in 2022, AI took over the spot to become the ‘next big thing’ in technology. Multinational corporations spent billions to build the Metaverse, only to see their projects fail remarkably. Mark Zuckerberg had to fire 11,000 employees after spending more than $10 billion on the failed Metaverse project. Now Artificial Intelligence (AI) is following a similar path, as only 25% of all AI initiatives have generated profits, while 75% of all projects have delivered losses on investments. Also Read: Top Crypto to Buy Now as Ripple Eyes Circle Acquisition The latest report from IBM highlights that just 25% of all AI initiatives have delivered profits as return on investment (ROI). In the report, IBM surveyed around 2,000 CEOs during the first quarter of 2025. According to the majority of the CEOs, the return on investment in AI technology has been disappointing. Billions of dollars are being spent to develop the technology with little to no profits ...

In what is poised to be a game changer for the company, Tesla (TSLA) is set to finally reveal its Robotaxi at its upcoming Thursday event. Taking place at Warner Bros. Studia in Burbank, California, the event will give insight into what could be the next great reveal for the electronic automobile manufacturer, and the next great push for Tesla Stock. Elon Musk has not been shy about his hopes for the project. Tesla investors were sent an invitation to the event in late September, with Musk claiming it would be “one for the history books,” in a post to X (formerly Twitter). This week, stockholders should finally get some insight into more details. Source: NPR Also Read: How Much Bitcoin (BTC) Does Tesla Own? Tesla Stock Could Be Set to Soar With Robotaxi Reveal Over the last decade, Tesla has emerged as an automobile powerhouse. The company redefined the EV market with its contributions. Moreover, it has become a company well known for its continued evolution in the space. Th...

In an RBI-organized conference for the directors of Indian banks, deputy governor Mahesh Kumar Jain discussed risk strategies around sustainable growth and stability. A top federal official representing India's central bank, the Reserve Bank of India (RBI), recommended all banks adopt artificial intelligence (AI) and blockchain technology to ensure sustainable growth and stability. In an RBI-organized conference for the directors of Indian banks, deputy governor Mahesh Kumar Jain discussed risk strategies around sustainable growth and stability. Governance in Banks: Driving Sustainable Growth and Stability - Speech delivered by Shri M K Jain, Deputy Governor, Reserve Bank of India at the Conference of Directors of Banks organised by the RBIhttps://t.co/Ft4Kv68X0T — ReserveBankOfIndia (@RBI) May 31, 2023 Jain spoke about the importance of effective corporate governance and governance structure and processes when it comes to staying prepare d for future risks. Technological disr...