China's Electric Vehicle Boom Fuels Investment Interest in Battery SectorDespite global economic uncertainties, the rapid expansion of the electric vehicle market, government incentives, environmental regulations, and increased consumer preference for clean transportation continue to make the Chinese battery sector attractive to investors, argued Shijia Yan, an energy storage analyst at BloombergNEF. He emphasized that China’s battery industry, powered by the country’s robust demand for […]
Short-Seller Targets SoundHound AI, Calls It 'NVIDIA's Favorite' in Scathing ReportThe U.S. activist short-seller investor Capybara Research has set its sights on SoundHound AI. This voice recognition AI company has attracted attention with its investment from the American semiconductor company NVIDIA. On the 22nd, Capybara stated in a short-selling report on SoundHound, “This company is a failed company that spreads lies and deceit. They don’t […]
Saudi Arabia Unleashes $40 Billion Blitz in Global AI RaceSaudi Arabia plans to invest approximately $40 billion in the artificial intelligence (AI) industry. Major governments worldwide are racing to increase their investments to gain an edge in AI supremacy. According to the New York Times and other sources, on the 20th, Saudi Arabia plans to establish a $40 billion fund to invest in AI. […]
Google's Gemini AI Engine May Soon Power Features on Apple's iPhone, Sources SayApple is in talks to integrate Google’s Gemini into the iPhone. Bloomberg reported on Monday, citing a source, that Apple is in discussions to incorporate Google’s Gemini AI engine into the iPhone, according to a report on the 18th. According to the source, the negotiations involve a Gemini license for some new features to be […]
Young Chinese Embrace Gold Bean Investments as Economic Slowdown Intensifies, Bloomberg FindsYonhap News Chinese in their 20s and 30s are turning to “Gold Bean” investments, trading small units of gold, to cope with economic stagnation. On the 15th, Bloomberg reported that as China’s economic slowdown crisis intensifies, the popularity of Gold Bean, which allows relatively low-cost investments, is soaring, especially among younger generations. The Gold Bean, […]
Venture Capitalist Vinod Khosla Reinforces Investment in Japanese StartupsVinod Khosla, CEO of Khosla Ventures, well-known as an early investor in OpenAI, has been increasing his investments in Japanese startups. News1 In an interview with the Nikkei on the 14th, Khosla stated, “I have recently decided to make new investments in Japanese companies.” This investment marks Khosla Ventures’ third in Japanese companies. Previously, it […]
Former Goldman Sachs Exec Spills Crypto Secrets: What's in Raoul Pal's Portfolio?Raoul Pal, a former executive at the global investment bank Goldman Sachs and currently the CEO of financial services company Real Vision, has revealed his cryptocurrency asset portfolio. On the 8th, Pal appeared on the cryptocurrency YouTube channel “Crypto Banter,” stating that about 90% of his assets are in the cryptocurrency sector. Pal is one […]
Biden Administration Mulls Blacklisting Chinese Semiconductor FirmsBloomberg reported on the 8th (local time) that the U.S. Joe Biden administration is considering additional sanctions against six Chinese semiconductor companies, including Changxin Memory Technologies (CXMT), a major Chinese DRAM semiconductor company. Bloomberg reports that the Bureau of Industry and Security (BIS) under the U.S. Department of Commerce is considering adding CXMT to the […]
Goldman Sachs CIO Warns Against Investing in the Chinese MarketOn the 5th, police officers are saluting at the flagpole in front of the People’s Hall in Beijing, China. AP Yonhap News The Chief Investment Officer (CIO) of Goldman Sachs, a representative investment bank on Wall Street, warned against investing in the Chinese market at this time. He cited difficulties in sectors that have been […]
China's EVE Energy Sparks a $2.6 Billion Battery Venture in the US EVE Energy US Holdings, a subsidiary of Chinese EVE Energy, announced on September 7, 2023, that it plans to establish a joint venture in the United States with Electrified Power, Daimler Trucks, and Paccar Inc. The capital contribution limit for the joint investment shareholders is set at a total of $2.64 billion.
China's Electric Vehicle Boom Fuels Investment Interest in Battery Sector Despite global economic uncertainties, the rapid expansion of the electric vehicle market, government incentives, environmental regulations, and increased consumer preference for clean transportation continue to make the Chinese battery sector attractive to investors, argued Shijia Yan, an energy storage analyst at BloombergNEF. He emphasized that China’s battery industry, powered by the country’s robust demand for […]
Short-Seller Targets SoundHound AI, Calls It 'NVIDIA's Favorite' in Scathing Report The U.S. activist short-seller investor Capybara Research has set its sights on SoundHound AI. This voice recognition AI company has attracted attention with its investment from the American semiconductor company NVIDIA. On the 22nd, Capybara stated in a short-selling report on SoundHound, “This company is a failed company that spreads lies and deceit. They don’t […]
Saudi Arabia Unleashes $40 Billion Blitz in Global AI Race Saudi Arabia plans to invest approximately $40 billion in the artificial intelligence (AI) industry. Major governments worldwide are racing to increase their investments to gain an edge in AI supremacy. According to the New York Times and other sources, on the 20th, Saudi Arabia plans to establish a $40 billion fund to invest in AI. […]
Google's Gemini AI Engine May Soon Power Features on Apple's iPhone, Sources Say Apple is in talks to integrate Google’s Gemini into the iPhone. Bloomberg reported on Monday, citing a source, that Apple is in discussions to incorporate Google’s Gemini AI engine into the iPhone, according to a report on the 18th. According to the source, the negotiations involve a Gemini license for some new features to be […]
Young Chinese Embrace Gold Bean Investments as Economic Slowdown Intensifies, Bloomberg Finds Yonhap News Chinese in their 20s and 30s are turning to “Gold Bean” investments, trading small units of gold, to cope with economic stagnation. On the 15th, Bloomberg reported that as China’s economic slowdown crisis intensifies, the popularity of Gold Bean, which allows relatively low-cost investments, is soaring, especially among younger generations. The Gold Bean, […]
Venture Capitalist Vinod Khosla Reinforces Investment in Japanese Startups Vinod Khosla, CEO of Khosla Ventures, well-known as an early investor in OpenAI, has been increasing his investments in Japanese startups. News1 In an interview with the Nikkei on the 14th, Khosla stated, “I have recently decided to make new investments in Japanese companies.” This investment marks Khosla Ventures’ third in Japanese companies. Previously, it […]
Former Goldman Sachs Exec Spills Crypto Secrets: What's in Raoul Pal's Portfolio? Raoul Pal, a former executive at the global investment bank Goldman Sachs and currently the CEO of financial services company Real Vision, has revealed his cryptocurrency asset portfolio. On the 8th, Pal appeared on the cryptocurrency YouTube channel “Crypto Banter,” stating that about 90% of his assets are in the cryptocurrency sector. Pal is one […]
Biden Administration Mulls Blacklisting Chinese Semiconductor Firms Bloomberg reported on the 8th (local time) that the U.S. Joe Biden administration is considering additional sanctions against six Chinese semiconductor companies, including Changxin Memory Technologies (CXMT), a major Chinese DRAM semiconductor company. Bloomberg reports that the Bureau of Industry and Security (BIS) under the U.S. Department of Commerce is considering adding CXMT to the […]
Goldman Sachs CIO Warns Against Investing in the Chinese Market On the 5th, police officers are saluting at the flagpole in front of the People’s Hall in Beijing, China. AP Yonhap News The Chief Investment Officer (CIO) of Goldman Sachs, a representative investment bank on Wall Street, warned against investing in the Chinese market at this time. He cited difficulties in sectors that have been […]
China's EVE Energy Sparks a $2.6 Billion Battery Venture in the US EVE Energy US Holdings, a subsidiary of Chinese EVE Energy, announced on September 7, 2023, that it plans to establish a joint venture in the United States with Electrified Power, Daimler Trucks, and Paccar Inc. The capital contribution limit for the joint investment shareholders is set at a total of $2.64 billion.
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