SoftBank Group’s second-quarter net profit of 2.5 trillion yen (approximately US$16.6 billion) signals more than just a good quarter—it reflects the culmination of a bold pivot into artificial intelligence (AI) led by its substantial investment in OpenAI. The gain is more than double the 1.18 trillion yen reported during the same period last year, underscoring…
Amid volatility in technology stocks and whispers of rotation toward value sectors, State Street Global Advisors maintains that the artificial intelligence (AI) rally is far from over. The Boston-based asset manager argues that despite intermittent pullbacks, the underlying structure of the AI-driven market remains intact — a function of deep capital expenditure cycles, investor psychology,…
Negotiations between YouTube TV and The Walt Disney Company have entered a critical phase as YouTube publicly stated it is ready to cut a binding deal to restore Disney’s networks — including ABC and ESPN — to its live-TV platform in the United States. The dispute has exposed deeper shifts in carriage-fee leverage, streaming business…
In a bold move aimed at transforming its manufacturing landscape, Samsung Electronics has announced plans to build an “AI Megafactory” powered by more than 50,000 advanced GPUs supplied by Nvidia Corporation. The facility is designed to embed artificial intelligence across Samsung’s semiconductor-, mobile-device and robotics-manufacturing operations, signalling one of the most aggressive industrial AI deployments…
Leading chipmaker Nvidia has struck a major agreement to supply more than 260,000 of its cutting-edge Blackwell-architecture AI chips to South Korea, representing one of the most substantial single-market deployments of its latest technology to date. The deal involves both the Korean government and some of the country’s largest corporations—including Samsung Electronics, SK Group and…
Samsung Electronics has announced a major intensification of its output of advanced chips following a record-high performance in its memory business. The company recorded a memory-chip revenue of approximately 26.7 trillion won in the most recent quarter, up from 22.3 trillion won a year earlier and driving an 80 per cent jump in operating profit…
When Sam Altman launched ChatGPT in late 2022, it was seen as a technological marvel that could converse, reason, and create in ways few expected from artificial intelligence. But for Altman, that release was never the end goal—it was only the beginning of something far larger. Today, his vision has shifted decisively from building models…
Shortly after the launch of its latest smartphone line, Apple is quietly repositioning itself with a sharper focus on premium devices—a strategy that could deliver a meaningful sales boost this holiday season. The company’s upgraded “Pro” models in the iPhone 17 series have attracted early buyer enthusiasm in key markets, suggesting that Apple is leveraging…
Major oil and gas companies are preparing to report modest gains in third-quarter earnings, but the focus among analysts is increasingly on how these firms are positioning for the year 2026. While a slight uptick in crude prices and stronger refining margins may boost results in the near term, the deeper strategic question centres on…
China’s latest five-year plan marks a striking shift in its industrial strategy, with electric vehicles — once the crown jewel of its technological ambitions — excluded for the first time in over a decade. The move signals Beijing’s growing concern over an overheated EV sector plagued by oversupply, falling profits, and intensifying global scrutiny. Instead,…
business-gurus.com 