The question of whether artificial intelligence is in a bubble has dominated boardrooms, investor calls and tech conferences over the past year. Valuations have surged, capital has poured into AI-linked firms and expectations have raced ahead of proven returns. Into this debate has stepped an unlikely commentator: a humanoid robot. When asked directly whether the…
SoftBank’s decision to fully fund its roughly $40 billion investment in **OpenAI** marks one of the most consequential capital deployments in the history of artificial intelligence. Far from a routine late-stage investment, the move reflects a strategic calculation by the Japanese conglomerate that control over foundational AI platforms and infrastructure will define the next phase…
The U.S. crypto industry entered 2025 in a markedly different mood from the defensive posture that defined much of the previous decade. After years of lawsuits, regulatory warnings and uncertainty over whether digital assets belonged in securities law at all, the sector found itself celebrating a series of rapid-fire wins that reshaped both perception and…
Meta Platforms’ acquisition of intelligent agent developer Manus marks more than the close of a single deal. It represents a strategic inflection point in the company’s artificial intelligence roadmap, signaling a decisive move beyond building foundational models toward owning the software agents that actually perform work. After a year defined by heavy capital deployment, talent…
Elon Musk has rarely been subtle about where he believes the next technological frontier lies. In recent years, he has increasingly framed humanoid robots not as a side project but as a central pillar of future economic value, arguing they could eventually eclipse cars in importance. In Musk’s telling, robots that look and move like…
Citigroup’s decision to approve the sale of its Russian unit marks the near end of a withdrawal process that has unfolded over several years and across shifting geopolitical terrain. The board’s approval of the transaction, alongside the acknowledgment of a roughly $1.2 billion pre-tax loss, underscores how strategic exits from sanctioned or high-risk markets often…
Hyundai Motor’s decision not to move forward with a buyback of its former Russian manufacturing plant reflects less a lapse in interest than a convergence of geopolitical, operational and strategic constraints that have steadily narrowed the company’s options. As the deadline on its contractual repurchase clause approaches, executives are confronting a reality in which the…
China’s commercial space ambitions are entering a more confrontational phase as Beijing-backed private firms begin to openly measure themselves against the world’s dominant launch provider, SpaceX. At the center of that shift is LandSpace, a Beijing-based rocket developer that is embracing failure, reusability and capital-market discipline in ways that mark a sharp departure from China’s…
Target’s struggle to regain momentum has entered a more consequential phase, as activist investor pressure converges with weakening sales, leadership transition risk and broader structural challenges in U.S. retail. The emergence of a new shareholder with a track record of pushing for change has sharpened investor focus on whether the Minneapolis-based retailer can arrest its…
The latest agreement by Nvidia to license chip technology from AI startup Groq while simultaneously absorbing its senior leadership reflects a broader shift in how Big Tech is consolidating power in artificial intelligence. Rather than relying solely on outright acquisitions, Nvidia and its peers are increasingly deploying hybrid deals that combine technology licensing, executive hires,…
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