Shares of China AI ‘tiger’ Zhipu surge 35% after revenue doubles in first earnings report

Shares of China AI ‘tiger’ Zhipu surge 35% after revenue doubles in first earnings report

The Zhipu AI logo is seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Shares of Chinese artificial intelligence company Knowledge Atlas Technology JSC, better known as Zhipu, surged as much as 35% on Wednesday, after posting strong revenue growth in its first earnings report.  The Beijing-based company later pared gains…

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Exxon CEO says Venezuela needs to transition to democracy for oil investment

Exxon CEO says Venezuela needs to transition to democracy for oil investment

Exxon Mobil CEO Darren Woods said Friday that Venezuela needs to transition to democracy in order for investment in the South American nation’s dilapidated oil industry to make sense. President Donald Trump is pressuring oil companies to invest at least $100 billion in Venezuela to rebuild the country’s oil industry after the U.S. captured former…

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CRE hurricane resilience is leveraging drones and AI

CRE hurricane resilience is leveraging drones and AI

A screenshot of Site Technologies’ commercial real estate risk assessment tools. Courtesy of Site Technologies A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors…

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