OpenAI’s Strategic Rebirth: How a $500 Billion Vision Transformed the AI Leader In one of the most monumental shifts in tech history, OpenAI has undergone a year-long restructuring process, unlocking a $500 billion valuation and giving the company unprecedented freedom to expand. The transformation, orchestrated through months of complex negotiations involving Microsoft, regulators, and major

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BEIJING / GYEONGJU, November 1, 2025 – Chinese President Xi Jinping took center stage at the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju, South Korea, advocating for a global body to govern artificial intelligence (AI) and positioning China as an alternative to the United States in trade and technology cooperation. Xi’s comments marked the first

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SEOUL, November 1, 2025 – South Korea’s exports posted a surprising increase in October 2025, buoyed by strong international demand for semiconductors and ships, despite lingering global trade uncertainties related to U.S. tariff policies. The Ministry of Trade reported that South Korea, Asia’s fourth-largest economy and a leading bellwether for global commerce, saw exports rise

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MUMBAI, November 1, 2025 – India’s goods and services tax (GST) collections reached ₹1.96 trillion ($22.3 billion) in October 2025, marking an increase of approximately 5% compared to October 2024, the Ministry of Finance announced on Saturday. After accounting for refunds to businesses, the government’s net GST collection stood at ₹1.69 trillion, a modest 0.6%

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SANTA CLARA, California, October 29, 2025 – Nvidia (NVDA.O) achieved a historic milestone on Wednesday, becoming the first company ever to reach a $5 trillion market valuation, propelled by surging demand for its AI-focused chips and growing investor optimism about the company’s central role in the global artificial intelligence revolution. The milestone highlights Nvidia’s rapid

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NEW YORK, October 31, 2025 – Amazon.com Inc (AMZN.O) shares jumped more than 11% in early trading on Friday, powered by strong growth at Amazon Web Services (AWS) and a bullish sales outlook that eased investor concerns about the company lagging behind competitors in the AI race. Revenue at AWS, the centerpiece of Amazon’s AI

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NEW YORK, October 31, 2025 – A resilient U.S. stock market heads into a busy corporate earnings week, as investors weigh the strength of the artificial intelligence (AI) trade against caution over the Federal Reserve’s interest rate policy. The S&P 500 ended October up 2.3%, marking its sixth consecutive monthly gain, even after wobbling earlier

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NEW YORK, October 31, 2025 – Wall Street’s major indexes ended higher on Friday, led by a sharp rally in Amazon shares following an upbeat earnings forecast, but investor sentiment was tempered by ongoing concerns that the Federal Reserve may remain cautious about cutting interest rates in the near term. The S&P 500, Nasdaq Composite,

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BERLIN, October 31, 2025 – Thyssenkrupp AG (TKAG.DE) has named Marie Jaroni as the new CEO of its steel business, effective November 1, 2025, replacing Dennis Grimm, who has agreed to step down, the company announced on Friday. Jaroni, who most recently served as the chief sales officer and chief transformation officer of the steel

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Omaha, Nebraska, October 31, 2025 – Legendary investor Warren Buffett is set to release a personal letter to his three children and Berkshire Hathaway (BRKa.N) shareholders on November 10, according to the Wall Street Journal, citing Buffett’s assistant. Following his upcoming retirement as CEO at the end of 2025, Buffett will hand over the writing

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