Samuel Nwite
AUTHOR: Samuel Nwite
Goldman Sachs Executive Warns Rapid AI Adoption Across Wall Street Could Erode Financial Expertise
A Goldman Sachs partner leading one of the bank’s major artificial intelligence initiatives has warned that the rapid adoption of AI across Wall Street...
China Opens $119 Billion Financing Programme As Investment Slump Puts Pressure On Growth
China has opened applications for an 800 billion yuan ($119 billion) policy-based financing programme for local government projects, stepping up efforts to revive investment...
Alibaba, Samsung Shares Slide as AI Spending Collides With Investor Demands for Returns
Alibaba and Samsung Electronics shares fell sharply on Monday as investors reacted to two very different consequences of the artificial intelligence boom: Alibaba's need...
Michael Burry Swaps Alibaba for JD.Com After $10 Billion AI Funding Plan
“Big Short” investor Michael Burry has moved his entire Alibaba position into rival Chinese e-commerce company JD.com, saying Alibaba’s latest share sale has made...
Xiaomi Deepens Chip Ambitions With New 3-Nm Processor (Xring O3), In Partnership with TSMC
Xiaomi has unveiled a new generation of its proprietary smartphone processor, expanding its push into semiconductor design as the Chinese handset maker seeks greater...