Samuel Nwite
AUTHOR: Samuel Nwite
Chinese AI Firm MiniMax, Others, Launch $2.15bn Hong Kong IPO In Year-End Rush
Chinese artificial intelligence startup MiniMax Group has taken center stage in Hong Kong’s resurgent equity markets, spearheading six new listings worth a combined HK$16.7...
Michael Burry Says He’s not Shorting Tesla, Can’t Bet Against Musk
Michael Burry has moved to clear the air after reigniting debate around Tesla’s towering valuation, insisting that while he views the electric vehicle maker...
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,...