Tech

Nvidia to invest $100 billion in OpenAI partnership

Nvidia invests up to $100 billion in OpenAI, strengthening their partnership in the competitive AI landscape

Published

14 hours ago

September 23, 2025

Ahron Young

Nvidia invests up to $100 billion in OpenAI, strengthening their partnership in the competitive AI landscape

In Short:
– Nvidia will invest up to $100 billion in OpenAI, strengthening their AI partnership.
– Analysts worry this deal could reduce competition in the AI sector.

Nvidia will invest up to $100 billion in OpenAI, providing crucial data centre chips and cementing a partnership between two leaders in artificial intelligence.

The collaboration highlights the growing alignment in interests among major tech companies engaged in advanced AI development.

The deal allows Nvidia to gain a financial stake in OpenAI, while securing funds for OpenAI to acquire essential chips.

Analysts express concerns that this relationship may reduce competition by reinforcing Nvidia’s market position.

Nvidia plans to deliver hardware beginning in late 2026, with the initial computing power set for the platform Vera Rubin. Despite OpenAI’s ties to Nvidia, it continues to explore alternative chip solutions with various partners.

Potential Impacts

Concerns regarding antitrust issues have emerged due to the deal’s scale and implications for competition in the AI sector.

Experts suggest that the investment could consolidate Nvidia’s dominance in AI hardware, possibly hindering competitors like AMD.

Tech

Hydrogen vehicles challenge EV dominance and infrastructure

Published

20 hours ago

September 23, 2025

ticker NEWS

China’s carmakers are no longer competing only on price. Brands such as BYD and Zeekr are moving into the premium space, offering high-tech models that rival established players on speed, design, and innovation. Their arrival in markets like Australia could reshape consumer expectations and challenge long-standing industry leaders.

Toyota believes diesel will remain relevant in Australia for another decade, keeping vehicles like the LandCruiser and HiLux on the road while hybrids and EVs continue to grow. The outlook raises questions about how long consumers should stick with diesel before making the switch to cleaner alternatives.

Hydrogen is also back in the spotlight. BMW is planning a fuel-cell model by 2028, even as electric cars stretch to ranges of 800km and beyond. With infrastructure challenges still in play, the race between hydrogen and battery EVs will determine the next chapter in sustainable transport.

Tech

Berkshire Hathaway completely sells BYD stake after gains

Berkshire Hathaway fully divests BYD stake after 17-year investment, achieving 4,000% gains despite recent profit declines

Published

2 days ago

September 22, 2025

Ahron Young

Berkshire Hathaway fully divests BYD stake after 17-year investment, achieving 4,000% gains despite recent profit declines

In Short:
– Berkshire Hathaway sold its entire stake in BYD, concluding a 17-year investment with 4,000% returns.
– BYD faces challenges, lowering its sales target after a 30% decline in net profit for the second quarter.

Warren Buffett’s Berkshire Hathaway has sold its entire stake in the Chinese electric vehicle manufacturer BYD, concluding a 17-year investment that yielded around 4,000% returns.

A filing from Berkshire Hathaway Energy indicated that the investment’s value fell to zero as of March 31, 2025, from a peak of $415 million at the end of 2024.

The original investment, supported by the late Vice Chairman Charlie Munger, involved the purchase of 225 million BYD shares in 2008.

Munger previously praised BYD and its founder, stating that the company’s growth from a startup to a leading battery and automotive manufacturer was remarkable.

Market Reaction

BYD is currently facing domestic market challenges, reporting a 30% decline in net profit for the second quarter, attributed to an intense price war in the EV sector.

Its annual sales target has been lowered by 16% to 4.6 million vehicles. Following the news of Berkshire’s exit, BYD’s shares fell by 3.4% in Hong Kong.

Tech

Big Tech, foreign governments react to Trump’s H-1B visa fee

Trump imposes $100,000 fee on H-1B visas, sparking urgent response from Big Tech and foreign governments

Published

3 days ago

September 21, 2025

Ahron Young

Trump imposes $100,000 fee on H-1B visas, sparking urgent response from Big Tech and foreign governments

In Short:
– Trump announced a $100,000 fee on new H-1B visa applications, starting next lottery cycle.
– Major companies urge H-1B holders to stay in the U.S. due to potential immigration issues.

Major technology companies and foreign governments are reacting to President Donald Trump’s announcement of a $100,000 fee on H-1B visas.

The charge will affect new applicants, not renewals or current holders, and is set to take effect in the next lottery cycle.The proposed fee could significantly impact technology and finance sectors reliant on skilled immigrants, particularly from India and China.

Companies such as Amazon, JPMorgan Chase, Goldman Sachs, and Microsoft are advising their H-1B visa holders to remain in the U.S. and be cautious about international travel due to potential immigration status issues.

Visa Implications

As Trump’s administration intensifies its immigration policies, major companies and officials abroad are assessing the implications.

The Indian Ministry of External Affairs noted potential humanitarian consequences, highlighting disruptions for families. South Korea’s foreign ministry is also reviewing impacts on its skilled workforce.

Trump’s initiative aims to prioritise American workers and deter visa system abuses, according to a White House spokeswoman.

The full effects of this policy shift remain to be seen, with many companies weighing their next steps in response to this change.