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In the bustling streets of Beijing, a reckoning is unfolding within the electric vehicle (EV) industry, one that appears alarmingly akin to a self-destructive free-for-all. Conversations with local salesman Ma Hui reveal a grim reality: the ongoing price war among EV manufacturers is not merely a tactic for competitive advantage; it’s a plunge into financial
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As the cacophony of artificial intelligence adoption reverberates throughout industries, few realms feel the immensity of this seismic shift as intensely as finance. The allure of employing cutting-edge technology—particularly generalized AI, like large language models (LLMs)—is intoxicating. However, to believe that such a broadly applied technology could meet the convoluted demands of financial services is
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OpenAI, a name that has become synonymous with artificial intelligence, recently unveiled staggering figures indicating its annual recurring revenue (ARR) has hit a remarkable $10 billion in less than three years since the monumental launch of ChatGPT. This substantial revenue encompasses not only the popular consumer products but also expanding business offerings and API integrations.
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At the intersection of education and politics, a dangerous battle unfolds between the Trump administration and one of the nation’s most prestigious institutions, Harvard University. The stakes? Not just the immediate fallout of international student visa policies, but a resounding economic riptide that could devastate local economies and endanger the fabric of American higher education.
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The current financial landscape feels like an unpredictable ocean, with macro uncertainty creating waves of volatility that threaten to capsize even the most seasoned investors. With markets reacting to geopolitical shifts, economic indicators, and unexpected earnings reports, it’s easy for one to become overwhelmed by the noise. However, amid the chaos lies a vital truth;
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