Samuel Nwite
AUTHOR: Samuel Nwite
Jim Cramer Warns of Risks in AI Boom, Urges Caution on OpenAI Spending
CNBC host Jim Cramer raised fresh warnings about the artificial intelligence sector on Monday, suggesting that some companies may start to underperform after months...
Tesla’s China Sales Sink to Three-Year Low as Global Slump Deepens
Tesla’s sales in China fell to their lowest level in three years in October, deepening concerns over the electric vehicle (EV) maker’s weakening grip...
SoftBank’s $34.7bn OpenAI Gamble Delivers Record Profit, but ‘AI Bubble’ Fears Grow
SoftBank Group’s aggressive wager on artificial intelligence has turned into a windfall. The Japanese tech conglomerate posted a 2.5 trillion yen ($16.6 billion) net...
SoftBank Sells Entire $5.8bn Nvidia Stake to Fund Expanding AI Bets, Including Massive OpenAI...
SoftBank has sold its entire stake in U.S. chipmaker Nvidia for $5.83 billion, marking one of its boldest portfolio realignments as the Japanese conglomerate...
Renault Ends Rare-Earth-Free Motor Partnership with Valeo, Turns to China for Cheaper Components
French automaker Renault has quietly ended its joint project with supplier Valeo to develop a new rare-earth-free electric vehicle (EV) motor, opting instead to...