This article first appeared on GuruFocus. Advanced Micro Devices (NASDAQ:AMD) could be getting a meaningful foothold in the AI race, with Korea's Upstage in talks to buy around 10,000 of its latest AI chips. The discussions are centered on AMD's MI355 accelerators, which Upstage wants to use to scale up its AI compute capabilities. CEO Sung Kim said the talks followed a recent meeting with Lisa Su...
This article first appeared on GuruFocus. Advanced Micro Devices (NASDAQ:AMD) could be getting a meaningful foothold in the AI race, with Korea's Upstage in talks to buy around 10,000 of its latest AI chips. The discussions are centered on AMD's MI355 accelerators, which Upstage wants to use to scale up its AI compute capabilities. CEO Sung Kim said the talks followed a recent meeting with Lisa Su in Seoul, and the motivation is pretty clear. Korea already relies heavily on Nvidia (NASDAQ:NVDA) chips, but companies are now actively looking to diversify their supply. That shift is happening against a bigger backdrop. Upstage is part of a government-backed push to build top-tier AI models, where teams are evaluated every 6 months in a competitive program. The winners get access to more advanced computing resources, which makes securing chip supply a critical advantage.
Advanced Micro Devices AMD could be getting a meaningful foothold in the AI race, with Korea's Upstage in talks to buy around 10,000 of its latest AI chips. The discussions are centered on AMD's MI355 accelerators, which Upstage wants to use to scale up its AI compute capabilities. CEO Sung Kim said the talks followed a recent meeting with Lisa Su in Seoul, and the motivation is pretty clear. Kore...
Advanced Micro Devices AMD could be getting a meaningful foothold in the AI race, with Korea's Upstage in talks to buy around 10,000 of its latest AI chips. The discussions are centered on AMD's MI355 accelerators, which Upstage wants to use to scale up its AI compute capabilities. CEO Sung Kim said the talks followed a recent meeting with Lisa Su in Seoul, and the motivation is pretty clear. Korea already relies heavily on Nvidia NVDA chips, but companies are now actively looking to diversify their supply. That shift is happening against a bigger backdrop. Upstage is part of a government-backed push to build top-tier AI models, where teams are evaluated every 6 months in a competitive program. The winners get access to more advanced computing resources, which makes securing chip supply a critical advantage.
Zheng Yi, President of the American Chamber of Commerce in Shanghai. Photo: Foreign Affairs Office of the Shanghai Municipal People’s Government With geopolitical tensions and economic uncertainties rising across the world, global leaders and high-ranking Chinese officials gathered in Beijing for the China Development Forum 2026. As the U.S. and other major economies increasingly embrace protectio...
Zheng Yi, President of the American Chamber of Commerce in Shanghai. Photo: Foreign Affairs Office of the Shanghai Municipal People’s Government With geopolitical tensions and economic uncertainties rising across the world, global leaders and high-ranking Chinese officials gathered in Beijing for the China Development Forum 2026. As the U.S. and other major economies increasingly embrace protectionism, part of the theme for this year’s forum was cooperating to create opportunities. In his keynote speech that opened the two-day event, which wrapped up Monday, Premier Li Qiang championed expanding global markets over competing for a bigger share of an existing pie.
OpenAI ( OPENAI ) is offering private-equity firms a better deal than competitor Anthropic ( ANTHRO ) as the two companies vie for firms to form joint ventures aimed at raising new capital and boosting adoption of enterprise AI products, Reuters reported, citing people with knowledge of the discussions. OpenAI is offering private-equity firms a guaranteed minimum return of 17.5%, much higher tha...
OpenAI ( OPENAI ) is offering private-equity firms a better deal than competitor Anthropic ( ANTHRO ) as the two companies vie for firms to form joint ventures aimed at raising new capital and boosting adoption of enterprise AI products, Reuters reported, citing people with knowledge of the discussions. OpenAI is offering private-equity firms a guaranteed minimum return of 17.5%, much higher than typical preferred instruments. It is also offering early access to its newest AI models as it looks to bring in investors like TPG and Advent for its joint venture, the report added . The Microsoft ( MSFT )-backed ChatGPT maker has recently doubled down on enterprise, an area where Anthropic has historically been stronger. In comparison, Anthropic’s enterprise-focused private-equity deal offered no such returns, the report noted. The two companies are competing for collaborations with private equity firms that would allow them to swiftly roll out their AI tools to potentially hundreds of private, established companies owned by the buyout firms. This would boost the adoption of their models, according to the report. The joint venture structure may absorb high upfront costs linked with deploying engineers to customize models for clients, easing cost pressures on OpenAI and Anthropic ahead of potentially going public, and providing clearer segment reporting, which can support the IPO narrative, the report added. At least two private-equity firms decided not to participate in either of the two joint ventures, citing concerns about the economics, flexibility, and profit profile of the partnerships, the report noted. Thoma Bravo decided not to participate after internal discussions led by managing partner Orlando Bravo. Bravo raised questions about the long-term profit profile of joint ventures with OpenAI and Anthropic, noting that many of its portfolio companies are already deploying AI tools, the report added. Some private-equity investors questioned the partnerships, ...
Bowman Consulting Group ( BWMN ) received new task orders totaling $3.9M under the U.S. Geological Survey’s (USGS) Geospatial Products and Services Contract (GPSC4). Under the task order, the company is conducting multi-state airborne lidar data acquisition in Missouri , Kansas and Alabama , covering tens of thousands of square miles. Bowman will also produce and deliver elevation-derived hydrogra...
Bowman Consulting Group ( BWMN ) received new task orders totaling $3.9M under the U.S. Geological Survey’s (USGS) Geospatial Products and Services Contract (GPSC4). Under the task order, the company is conducting multi-state airborne lidar data acquisition in Missouri , Kansas and Alabama , covering tens of thousands of square miles. Bowman will also produce and deliver elevation-derived hydrography products using available Interferometric Synthetic Aperture Radar data in Alaska to support the USGS 3D Hydrography Program. More on Bowman Consulting Bowman Consulting Group Ltd. (BWMN) Q4 2025 Earnings Call Transcript Bowman Consulting Group Ltd. 2025 Q4 - Results - Earnings Call Presentation Bowman Consulting bags $3M critical minerals project Bowman Consulting outlines $495M–$510M 2026 revenue target following record backlog and RPT acquisition Seeking Alpha’s Quant Rating on Bowman Consulting
England will face Canada in a rematch of the 2025 Women's Rugby World Cup final as part of a trio of fixtures in the WXV Global Series in September. The Red Roses were crowned world champions for a third time when they beat Canada 33-13 in front of more than 80,000 people at Twickenham five months ago. In September, they are set to host Australia, Canada and New Zealand across three regions in Eng...
England will face Canada in a rematch of the 2025 Women's Rugby World Cup final as part of a trio of fixtures in the WXV Global Series in September. The Red Roses were crowned world champions for a third time when they beat Canada 33-13 in front of more than 80,000 people at Twickenham five months ago. In September, they are set to host Australia, Canada and New Zealand across three regions in England. John Mitchell's side will welcome Australia to the CorpAcq Stadium on 12 September before hosting Canada at Sandy Park in Exeter on 19 September. They will also face six-time World Cup winners New Zealand at Twickenham on 26 September. "We can't wait for another head-to-head with one of the best teams in the world," England and Exeter's Maddie Feaunati said about the game against Canada. Red Roses captain Megan Jones said "there is not a lot better than a Red Roses v Black Ferns fixture", while Sale Sharks hooker Amy Cokayne added it was "fantastic" to host Australia in the north west. The fixtures are part of the WXV Global Series, which has replaced the WXV competition and will feature the top 12 teams in the world. Scotland, Ireland and Wales, along with France, Italy, Japan, South Africa and the United States are the other teams that qualify as the top 12 sides. Teams will play between 9-16 Tests on the WXV Global Series, outside of World Cup years, with a maximum of six Tests every September and October. England will play their first match since their World Cup win when they start their Women's Six Nations defence at home to Ireland on 11 April.
NEW YORK, March 23, 2026 (GLOBE NEWSWIRE) -- WeRide Inc. (“WeRide” or the “Company”) (Nasdaq: WRD; HKEX: 0800), a global leader in autonomous driving technology, today announced its unaudited financial results for the fourth quarter and full year 2025 ended December 31, 2025. Fourth Quarter 2025 Financial Highlights Total revenue was RMB314.0 million (US$44.9 million), representing an increase of ...
NEW YORK, March 23, 2026 (GLOBE NEWSWIRE) -- WeRide Inc. (“WeRide” or the “Company”) (Nasdaq: WRD; HKEX: 0800), a global leader in autonomous driving technology, today announced its unaudited financial results for the fourth quarter and full year 2025 ended December 31, 2025. Fourth Quarter 2025 Financial Highlights Total revenue was RMB314.0 million (US$44.9 million), representing an increase of 123.0% year over year. Product revenue was RMB211.4 million (US$30.2 million), representing an increase of 308.9% year over year, primarily attributable to increased revenue from robotaxi and robobus sales. Service revenue was RMB102.6 million (US$14.7 million), representing an increase of 15.2% year over year. Robotaxi revenue was RMB50.6 million (US$7.2 million), including product revenue and service revenue, representing an increase of 66.4% year over year. Gross profit was RMB89.5 million (US$12.8 million), representing an increase of 74.1% year over year, with a gross profit margin of 28.5%. R&D expenses were RMB411.2 million (US$58.8 million), representing an increase of 28.5% year over year. Operating loss was RMB577.2 million (US$82.5 million), representing a narrowing of 1.7% year over year. Net loss was RMB556.1 million (US$79.5 million), representing a narrowing of 6.1% year over year. As of December 31, 2025, WeRide held an aggregated balance of RMB7.1 billion (US$1.0 billion) in cash, cash equivalents, time deposits, restricted cash, and investments in wealth management products, which were included in financial assets at fair value through profit or loss (“FVTPL”). Full Year 2025 Financial Highlights Total revenue was RMB684.6 million (US$97.9 million), representing an increase of 89.6% year over year. Product revenue was RMB359.8 million (US$51.5 million), representing an increase of 310.3% year over year, primarily attributable to the broad rollout and scaling of robotaxi, robobus, and robosweeper products. Service revenue was RMB324.7 million (US$46.4 milli...