Samuel Nwite
AUTHOR: Samuel Nwite
Foxconn Reports Record Third-Quarter Revenue on AI Demand, but It’s Below Expectation
Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, has reported record revenue for the third quarter, driven by booming demand for artificial intelligence hardware.
Yet,...
Marc Andreessen Urges CEOs to Learn from Elon Musk’s ‘Cult of Personality’ Approach
Andreessen Says More CEOs Should Follow Elon Musk’s Playbook — Even as Silicon Valley Divides Over His Management Model
Billionaire venture...
OPEC+ Agrees to Modest Output Hike as Saudi-Russia Compromise Shapes Oil Market Outlook
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) have announced a modest production increase of 137,000 barrels per day for November.
The...
Bitcoin Hits ATH at $125,000, Pulling In $4.5bn in ETF with Ethereum
Investor appetite for crypto assets has surged again, as U.S.-listed spot Bitcoin and Ethereum exchange-traded funds (ETFs) drew more than $4.5 billion in net...
Cerebras Systems Pulls Back on U.S. IPO Plans After $1.1bn Funding Round
Artificial intelligence chipmaker Cerebras Systems has withdrawn its plans for an initial public offering (IPO) in the United States, effective immediately — a move...