Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Sam Altman, CEO of Openai, and Lisa Su, CEO of Advanced Micro Devices, certificates during the hearing of the Committee on Trade, Science and Transport in the Senate entitled “Winning the AI competition at the United States in the computing and innovation”
Tom Williams | CQ-Roll Call, Inc. | Ghetto images
In the artificial intelligence industry, a balloon is formed, according to Openai CEO Sam Altman.
“Are we in a phase where investors are generally excessive for AI? My opinion is yes. Ai is the most important thing that needs to happen in a very long time? My opinion is also yes,” Altman said, according to a report on AirS
Currently, Altman’s AI Company is negotiating for the sale of shares around $ 6 billion that would estimate Openai at about $ 500 billion, CNBC confirmed FridayS
In another context, Altman warned that the United States could underestimate the progress that China achieved in AI.
Given the above premises, should investors be more precautive to Openai? Altman was not raised this question, but one wonders if his opinion will be “yes”.
Outside of pure AI companies, the money is still flowing. Intel receives an injection of $ 2 billion from Japanese Softbank.
This is such a necessary impetus for dressed American chips. Intel is lagging behind foreign rivals such as TSMC and Samsung in the production of semiconducts that serve as brains for AI models.
But by going by Altman’s views, Intel’s investment may not be a good bet on Softbank Ceo Masayoshi SON.
Not everyone agrees with Altman, of course. Ray Wang, a semiconductor scientific director, a supply chain and emerging technology at Futurum Group, said the AI industry is It’s not heterogeneous. There are market leaders and then there are companies that are still developing.
In the real world, bubbles are rejoicing because they reflect their surroundings in a play of light. But the Altman bubble described It may be a person does not show the face of his observer.
– Dylan Buthes of CNBC contributed to this report
What do you need to know today
Trump offers the territory “exchange” between Ukraine and Russia. At a White House Meeting between the US President, Ukrainian President Volodymyr Zelenskyy and European leaders, Trump raised this opportunity as Part of the peace processS
Intel receives an investment of $ 2 billion from SoftBank. Both companies announced the development on Monday, in which Softbank will Pay $ 23 per share For the ordinary stock of Intel. Shares on Intel jump over 5% with prolonged trade.
The artificial intelligence market is in a balloon, says Sam Altman. Openai’s CEO Separately said he was “worried about China” and that the United States could be underestimation of the last progress of the last In artificial intelligence.
US stocks are closed mostly flat on Monday. The three main index made moves that were Less than 0.1 percentage points In both directions, while investors expect key retail profits in the United States. Thehe Stoxx Europe 600 Raised 0.08%S
(Pro) Opportunities in a European market area. Investors go far from the United States as many European indices are superior to Wall Street. But One pocket of Europe still remains neglectedAccording to analysts.
And finally …
Brazilian President Louis Inasio Lula Lula da Silva and Great Wall Motor CEO (GWM) in China attended the GWM car factory on August 15, 2025 in Word Paulo, Brazil.
Chinese news service Chinese news service Ghetto images
The Chinese EV industry spends more on factories abroad than at home for the first time
For the first time since records, the Chinese electric car supply chain was investing more outside the country than at home, according to a US -based consulting firm published on Monday.
About 74% of the announced investments abroad were in battery factories, the report said. But he noted that investments in assembly factories abroad are also “growing fast”.
– Evelyn cop
