Skip to main content

Posts

Showing posts from January, 2025

DeepSeek’s Disruption: Redefining the AI Landscape is a Game changer for China & the World!!

DeepSeek’s Disruption: Redefining the AI Landscape The AI industry is undergoing a seismic shift, and at the center of this transformation is DeepSeek, a trailblazing innovator challenging the status quo. While established players like OpenAI and Anthropic have dominated the field with massive investments in compute power, DeepSeek has emerged with a groundbreaking approach that is not only more efficient but also significantly more cost-effective. This disruption has the potential to reshape the AI ecosystem, democratize access to advanced AI capabilities, and even threaten the dominance of hardware giants like Nvidia. The Current Landscape: A High-Cost Game Training state-of-the-art AI models today is an exorbitantly expensive endeavor. Leading AI companies spend upwards of $100 million on compute resources alone, relying on massive data centers equipped with thousands of high-end GPUs, each costing around $40,000. This paradigm has created a high barrier to entry, limiting AI develo...

Bank of India - Q3 Results are awesome!!

Bank of India Q3 fiscal 2024-25 (Q3FY25) Results:  Bank of India reported a rise of 34.6% in net profit to ₹2,516.7 crore compared to ₹1,869.5 crore in the corresponding period last year. Net interest income (NII) for the quarter rose 11.1% to ₹6,070.3 crore , compared to ₹5,463.5 crore. The Bank's asset quality in the quarter improved from the previous quarter. Gross NPA ratio down by 1.66% YoY to 3.69%.  Retail Credit grew by 21.22% YoY. Agriculture Credit grew by 18.46% YoY.  MSME Credit grew by 16.36% YoY.  CASA deposits increased by 6.07% YoY and CASA ratio at 41.05%.  Return on Equity (RoE) improved by 1.57% at 16.53% in Q3FY'25 against 14.96% in Q3FY’24. Credit Cost stood at 0.39% in Q3FY25 against 0.46% in Q3FY24. Book Value per share for the Q3 ended FY 2025 is at Rs. 142.6 and EPS for 3 quarters recorded at Rs. 14.48 per share against EPS for the previous year Rs. 14.9 per share. Bank of India share (Rs 98) currently trades at 0.66x the P/Bk Value and ...