Samuel Nwite
AUTHOR: Samuel Nwite
China Expands Freeze on BHP Iron Ore Purchases, Escalating Tensions in Global Commodities Trade
China’s state-backed iron ore buyer has instructed the country’s top steelmakers and traders to temporarily halt all purchases of dollar-denominated seaborne iron ore cargoes...
EA Agrees to $55bn Buyout, Largest Leveraged Deal in History, to Go Private
Electronic Arts, the video game giant behind titles such as Madden NFL and The Sims, is set to go private in a blockbuster $55...
California Becomes First State to Mandate AI Transparency With Signing of SB 53
California Gov. Gavin Newsom on Tuesday signed SB 53, landmark legislation that for the first time requires large AI companies to disclose their safety...
OpenAI Launches Sora 2, Social Platform Where Users Can Create, Share AI-Generated Clips Of...
OpenAI on Tuesday unveiled Sora 2, its latest audio and video generator, alongside a new social platform called Sora, where users can create and...
CoreWeave Seals $14 Billion AI Infrastructure Deal with Meta
CoreWeave has signed a $14 billion agreement with Meta to supply computing power, the latest in a string of multi-billion-dollar infrastructure deals underscoring how...