AI is going to stay and be more and more part of our lives. Sure Nvidia is a big player in the AI space but now others are trying to erode its lead. AI is not Nvidia but is a player in that ecosystem.
Expanded Autonomous Shuttle Testing Could Be a Game Changer for Grab Holdings (GRAB)
Earlier this month, Singapore’s Land Transport Authority granted WeRide and Grab approval to expand autonomous vehicle testing with their Ai.R fleet in the Punggol district, quadrupling AV test runs by year-end as preparations continue to launch the area’s first autonomous shuttle services.
This collaboration advances Singapore’s position as a leader in urban mobility innovation, highlighting Grab’s ongoing efforts to integrate next-generation technology into its transportation...
Circular financing is interesting. Left pocket, right pocket? Softbank and now Peter Thiel dump entire Nvidia stake. Need to be careful.
Peter Thiel Dumps Entire Nvidia Stake, Slashes Tesla Holdings Amid Bubble Fears
Billionaire Peter Thiel has exited his entire stake in artificial intelligence major Nvidia, filings showed over the weekend, amid growing concerns over an AI-fueled bubble in technology...
Grab is profitable now 3 quarters in a row. Should do well in the future too.
Grab Holdings Beats Quarterly Revenue Estimates
Grab Holdings beats quarterly revenue estimatesNov 3 - Grab Holdings GRAB.O beat analysts' expectations for third-quarter revenue on Monday, helped by robust consumer spending on its ride-hailing and food-delivery services as its platform expansion draws in more users.The company reported revenue of $873 million during the period, compared with analysts' average estimate of $872.9 million, according to data compiled by LSEG.
If they post better than before it would mark 3 quarters of good earnings and profits. Money in pocket more money to invest and solidify its lead further.