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On Nov. 17 the artificial intelligence startup OpenAI made the shock announcement that CEO Sam Altman — the man behind viral AI-powered tech such as chatbots ChatGPT, GPT4 and image generator DallE-3 — was fired.The tech world reeled and Altman’s colleagues rallied to his side, with then-OpenAI president and co-founder Greg
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China’s Xpeng shares were trading lower in US pre-trade after the EV company forecast significantly lower vehicle deliveries for Q2. The shares of Chinese electric vehicle (EV) giant XPeng Motors (NYSE: XPEV) slid 5% following missed Q1 earnings and a gloomy delivery forecast. Xpeng shares sank in US pre-market trade after the company reported a 50%
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In its Q1 2023 report, Swedish telecom giant Ericsson described India as a viable market that drove sales up fivefold. Ericsson (NASDAQ: ERIC) recently reported its Q1 2023 earnings which beat expectations and revealed a boost in quarterly profit. On Tuesday, the Swedish telecom giant first-quarter core earnings benefited from increased sales of 5G
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Although Li Auto realized a substantial revenue increase for Q3 2022, the company’s operating costs also rose. Li Auto Inc (NASDAQ: LI) recently posted its Q3 2022 earnings report, which revealed a wide quarterly deficit despite a 20% increase in revenue. For the third quarter, the Chinese electric vehicle manufacturer raked
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