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Alibaba Chairman Eyes Company Investments in AI in the United States Showing Bubble Signs

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3 months ago
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Joe Tsai, the chairman of Alibaba Group, has expressed his views on investing in AI infrastructure, a sector in which the company itself has invested heavily. However, he believes that...

Meta Performance Report – Breakthrough Revenue Statistics – Threads Boasting 275 Million Users

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8 months ago
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Meta Platforms reported its Q3 2024 performance with a total revenue of $40.589 billion, a 19% increase from the same period last year, marking a new record high for the...

NVIDIA’s CEO Makes Historic Stock Sale Prior to Last Tech Slump

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11 months ago
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Jensen Huang, the CEO of NVIDIA, sold his own shares worth over $322.7 million in July, marking a historic moment for him. This sale brings his total shares sold to...

First Quarter of 2024: Pinterest Sees Impressive 23% Revenue Growth with Over 500 Million Active Users

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1 year ago
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Pinterest reported its Q1 2024 performance with a 23% increase in total revenue from the previous year, totaling $740 million. However, they incurred a net loss according to GAAP accounting...

Quarterly Performance Report: Revenue Surges by 27% – Plans to Ramp Up AI Investment

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1 year ago
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Meta’s Q1 2024 performance report shows a 27% increase in total revenue from the same period the previous year, reaching $36.455 billion, with a 117% rise in net profit to...

SoftBank’s Exemplary Performance: A Profit Turnaround Driven by IP-O Arm and Enhanced Valuation in Vision Fund

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1 year ago
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SoftBank has reported its financial results for the fourth quarter of December 2023, and it has turned a profit for the first time after several consecutive quarters of losses. The...