Samuel Nwite
AUTHOR: Samuel Nwite
Meta’s $2bn Bet on Manus Sharpens the AI Revenue Question — and Washington’s China...
Meta Platforms’ acquisition of Manus for about $2 billion does more than add another artificial intelligence startup to Mark Zuckerberg’s expanding AI empire. It...
Nvidia in advanced talks to buy Israel’s AI21 Labs in $2–3bn talent-led deal
Nvidia is in advanced negotiations to acquire Israeli artificial intelligence startup AI21 Labs, in a deal that could value the company at between $2...
China Quietly Imposes 50% Domestic Equipment Rule on Chipmakers as Self-Reliance Drive Deepens
China has begun requiring semiconductor manufacturers to source at least half of the equipment used in new or expanded production lines from domestic suppliers,...
Octopus Energy to Spin Out Kraken Technologies After $1bn Funding, Paving Way for Potential...
British renewable energy group Octopus Energy is moving closer to a major corporate milestone after securing $1 billion in funding for its artificial intelligence...
Citi Board Clears Exit From Russia With $1.2bn Hit Following AO Citibank’s Sale Approval
Citigroup has moved closer to fully exiting Russia after its board approved the sale of AO Citibank, its Russian subsidiary, to investment firm Renaissance...