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Sources: ByteDance is on track for ~$50B profit in 2025 after generating a ~$40B net income in the first three quarters, surpassing its internal target for 2025 (Bloomberg)

Bloomberg : Sources: ByteDance is on track for ~$50B profit in 2025 after generating a ~$40B net income in the first three quarters, surp...

12 May 2025

How President Trump is leveraging the US' dominance in AI chips to secure strategic deals with Middle Eastern oil-rich countries like Saudi Arabia and the UAE (New York Times)

New York Times:
How President Trump is leveraging the US' dominance in AI chips to secure strategic deals with Middle Eastern oil-rich countries like Saudi Arabia and the UAE  —  As the president heads to the Middle East, America's dominance over A.I. chips has become a powerful source of leverage for the president.

Posted from: this blog via Microsoft Power Automate.

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