NEW YORK — November 10, 2025 — Bank of America (BofA) has revised its outlook on Nvidia (NASDAQ: NVDA), citing growing skepticism surrounding the profitability and long-term sustainability of the artificial intelligence (AI) sector. The move comes as global investors await Nvidia’s third-quarter earnings on November 19. Analysts Express Concern Over AI Profitability BofA analyst…
Tech Giants Accumulate Record Debt to Accelerate Global AI Expansion NEW YORK — November 9, 2025 — Leading technology firms including Google, Meta, Microsoft, and Amazon are taking on record-breaking levels of debt to fund their expanding artificial intelligence infrastructure. Analysts warn the growing leverage could pose new risks to both the tech and financial…
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…
Reddit Launches Major Lawsuit Targeting AI Data Scraping Reddit has sued Perplexity AI, an AI firm, and three other companies in New York federal court, saying they illegally scraped user content for business purposes. The complaint says that there was an “industrial-scale, unlawful” effort to collect Reddit comments and interactions to train AI systems without…
Musk Renews Criticism of OpenAI’s Changing Mission Elon Musk has once again expressed his discontent with OpenAI, asserting that the organization has strayed from its original nonprofit mission. On October 11, the CEO of Tesla and SpaceX expressed his concerns publicly on X, previously known as Twitter. In response to a post by former OpenAI…
OpenAI Secures Strategic Chip Supply Partnership With AMD OpenAI has revealed a significant partnership with semiconductor giant AMD aimed at enhancing its swiftly growing artificial intelligence infrastructure capabilities. This partnership signifies an important strategic decision, tackling increasing computing needs while placing both companies in a favorable position within the changing tech environment. The agreement enables…
Finance Minister Flags Critical AI Skills Shortage India’s Finance Minister Nirmala Sitharaman has raised alarms about the growing gap between AI adoption and talent availability. Rapid industry integration of AI has outpaced workforce readiness, threatening to stall economic and technological momentum. She emphasized that industries are embracing AI but lack AI-ready human resources to fully…
XRP Faces Uncertainty After 7% Weekly Decline XRP has had a difficult stretch, falling from $3 to a multi-week low of $2.70. Bulls stepped in at this crucial support level, preventing a deeper slide. However, market sentiment remains fragile, and traders are watching closely for the next decisive move. With September nearly over, XRP sits…
Record-Breaking Valuation in Sight Tether Holdings SA is pursuing a fundraising round that could value the company at $500 billion. The stablecoin issuer is in talks with investors to secure $15–$20 billion through a private placement. The proposed valuation would elevate Tether into the same league as technology leaders like SpaceX and OpenAI. Market analysts…
AI Adoption Becomes Mainstream in Tech Artificial intelligence has become nearly unavoidable in the tech industry, according to a new Google study. The report, conducted by Google’s DORA research division and based on 5,000 global responses, found that 90% of tech professionals now use AI at work. That marks a sharp 14% increase compared with…
