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OpenAI will burn hundreds of billions of dollars through 2030, says HSBC




HSBC Holdings predicts that OpenAI will keep asking for hundreds of billions of dollars in loans until 2030, despite an explosive growth in revenue and popularity. The British investment bank recently provided an updated forecast on OpenAI’s tortuous path to profitability, taking into account the currently known contracts and loans…

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China's humanoid robot walks for 66 miles, setting a new world record

Former TSMC exec who left for Intel has homes raided, devices seized in trade secrets probe