Samuel Nwite
AUTHOR: Samuel Nwite
Huang Foundation Buys CoreWeave Computing Capacity for Universities in $108m AI Research Push
The foundation of Jensen Huang and his wife, Lori Huang, is purchasing artificial intelligence computing capacity from CoreWeave and donating it to universities and...
Yuan hits Three-year High as Trump-Xi Summit Fuels Cautious Optimism, But Chinese Stocks Retreat...
China’s yuan climbed to its strongest level against the dollar in more than three years on Thursday as investors interpreted the summit between Xi...
Investors Bet on Higher-for-Longer Yields as Oil-Fueled Inflation Tests Incoming Fed Chair Kevin Warsh
U.S. Treasury yields are climbing sharply as investors increasingly doubt that incoming Federal Reserve Chair Kevin Warsh will be able to bring inflation under...
TSMC Sees $1.5tn Semiconductor Market by 2030 as AI Boom Triggers Historic Capacity Expansion
Taiwan Semiconductor Manufacturing Company (TSMC) has sharply raised its long-term outlook for the global semiconductor industry, forecasting the market will exceed $1.5 trillion by...
S&P Warns South Africa’s Reform Momentum at Risk as Ramaphosa Crisis and ME Shock...
South Africa is facing a dangerous convergence of political instability and external economic shocks that could threaten the reform momentum behind its recent credit-rating...