Tag: Investment
AI engineers are being deployed as consultants and getting paid $900 per hour | Fortune
AI engineers are being paid a premium to work as consultants to help large companies troubleshoot, adopt, and integrate AI with enterprise data—something traditional...
Nvidia’s China-based rival posts 4,300% revenue jump as chipmakers’ earnings reported no H20 chip sales to the country
Cambricon, a China-based semiconductor firm, posted record profit in the first half of the year, along with revenue that surged roughly 4,300%.
The earnings, released...
Trump Media’s latest crypto venture borrows a page from the MicroStrategy playbook: hoard a specific cryptocurrency and dress it up as a business
President Donald Trump’s personal crypto ventures are expanding again, this time with plans for a digital asset treasury company that holds an alternative cryptocurrency.
Trump Media and...
Gen Z was growing obsessed with luxury watches. New tariffs on Switzerland could cool the expensive hobby
Gen Z’s fascination with luxury watches has been one of the more surprising consumer trends of the last few years. But a steep tariff...
Apple to invest another $100 billion into the US to avoid tariffs
Apple plans to invest an additional $100 billion in the US, the company announced on Wednesday. The investment follows President Donald's Trump's previously announced...
What can Northvolt’s failure teach us about Europe’s competitive future?
Just below the Arctic Circle, Northvolt’s flagship battery factory once stood as a beacon of Europe’s ambitions to power its future with clean energy....
How sparsely populated Norway amassed $1.8 trillion
Of all the world’s sovereign wealth funds, Norway’s is one of the most unusual. These giant, state-linked investment vehicles tend to pick and choose...
Sony bought a chunk of Bandai Namco to boost anime fan community engagement
Sony has entered into a "strategic business alliance" with Bandai Namco holdings, acquiring about 2.5 percent of the Japanese media conglomorate and gaming publisher...
General Motors’ EV sales rose 111%, reflecting an industry-wide to push to beat Trump’s tax credit deadline
General Motors beat economists’ Q2 earnings estimates, in part due to a 111% surge in EV sales.
The automaker recorded $3.04 billion in adjusted earnings...
Leaked Memo: Anthropic CEO Says the Company Will Pursue Gulf State Investments After All
Anthropic is planning to seek investment from the United Arab Emirates and Qatar, according to a Slack message CEO Dario Amodei sent to staff...