SAN FRANCISCO — November 6, 2025 — Sam Altman, Chief Executive Officer of OpenAI, has dismissed the idea of government bailouts or federal guarantees for artificial-intelligence companies. His comments came after OpenAI’s Chief Financial Officer Sarah Friar suggested the U.S. government might one day support large-scale AI infrastructure funding. Altman Clarifies OpenAI’s Stance on Government…
Nvidia’s Jensen Huang Clarifies AI Race Remarks After China Comment LONDON — November 6, 2025 — Nvidia CEO Jensen Huang has clarified remarks made during the Financial Times Future of AI Summit, after earlier suggesting that China would “win the AI race.” The tech leader later issued a follow-up statement emphasizing that the United States…
NEW YORK — November 6, 2025 — Wall Street ended Thursday sharply lower as tech stocks plunged and investor confidence weakened amid growing fears of overvaluation and economic slowdown. The Dow Jones Industrial Average dropped 399 points, while the Nasdaq Composite fell 1.9%, leading losses across major indexes. Tech Stocks Lead Market Declines The Nasdaq’s…
xAI Enhances Its Team by Bringing on Board Nvidia Experts Elon Musk’s artificial intelligence company xAI has expanded its team by recruiting two leading researchers from Nvidia to strengthen its world model development initiatives. This move underscores Musk’s goal of advancing AI beyond language processing toward achieving a deeper understanding of real-world dynamics. According to…
Bitcoin Momentum Ignites Interest Across New Crypto Projects The surge of Bitcoin to $126,000 has significantly enhanced market sentiment, prompting investors to pursue exciting blockchain opportunities across the globe today. The recent surge has redirected focus to emerging tokens that possess robust ecosystems, which are likely to maintain their performance in the long term following…
Market Anticipates Key Inflation Figures U.S. stock futures indicated a lower open today. The Dow futures were down around 0.3%. This followed record highs from the previous day. Tech stocks led the decline in the market. The market’s cautious stance was largely due to anticipation. Investors were awaiting new inflation figures. This data came from…
China’s Push for AI Sovereignty China’s leading AI companies have formed two new strategic alliances, announced at the World Artificial Intelligence Conference in Shanghai. These coalitions aim to accelerate AI development based on domestic standards and deepen AI integration into industrial applications. This effort underscores China’s imperative to reduce reliance on American technologies and establish…
The Enduring Fear of Automation in the AI Era For as long as computers have existed, humanity has grappled with the underlying fear that machines might eventually usurp human labour. This apprehension has intensified dramatically over the past year, as artificial intelligence has begun to fundamentally overhaul the very fabric of how people work. The…
Nvidia’s Strategic Reversal in the US-China AI Race US technology giant Nvidia has announced its intention to soon resume sales of its high-end artificial intelligence (AI) chips to China. This significant development comes after the US government assured the firm that it would grant the necessary licences to restart these crucial exports to the world’s…
Zuckerberg’s Mega-Bet on AI Infrastructure Meta CEO Mark Zuckerberg has unveiled plans to invest hundreds of billions of dollars to build the world’s most advanced artificial intelligence (AI) data centers. In a recent post on Threads, Zuckerberg announced the creation of multi-gigawatt “titan clusters” designed to power AI systems capable of surpassing human intelligence. One…
