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Nvidia has struck a major deal to supply more than 260,000 of its advanced AI chips to South Korea’s government and top ...
10/31/2025

Nvidia has struck a major deal to supply more than 260,000 of its advanced AI chips to South Korea’s government and top corporations, including Samsung, Hyundai, and SK Group. The partnership will accelerate the country’s AI infrastructure, smart factories, and semiconductor innovation.

Roughly 50,000 chips will go to the South Korean government, while major companies will use the rest to power AI-driven production in electronics and automotive manufacturing. Other collaborators include NAVER, Kakao, and the Korea Institute of Science and Technology Information.

During the announcement at the APEC summit in Gyeongju, Nvidia CEO Jensen Huang said Korea could become a new global hub for “producing intelligence,” just as it once led in shipbuilding, cars, and electronics.

The deal also highlights Nvidia’s growing focus outside China. After U.S. trade policies slashed its China market share from 95% to zero, Huang has pushed to expand across Asia through new partnerships.

Following its record $5 trillion market cap milestone, Nvidia has secured over $500 billion in chip orders through 2026. With South Korea now a key partner, the company is positioning itself at the center of the next wave of global AI development.

10/31/2025

Netflix Just Announced a 10-for-1 Stock Split — and Might Buy HBO Next

10/31/2025

This Fintech Is Using AI to Move 180x Faster 💡📊

Kyle Beilman, CFO of Dave (NASDAQ: DAVE), explains how the fintech company is using AI tools to revolutionize both its marketing operations and internal decision-making speed.

Beilman says Dave’s user-generated content-style ads used to take around 90 days to go from concept to market-ready creative — but with new AI-powered tools, that timeline has been reduced to just 30 minutes. The company can now deliver hyper-personalized campaigns, dynamically adjusting creatives by region, audience, and platform.

Beyond marketing, Dave is also integrating AI analytics tools to democratize data access across the organization — enabling non-technical employees to generate insights, make faster decisions, and solve business problems independently.

The result: faster innovation, lower costs, and company-wide acceleration through AI.

✅ Save this for later and follow for more CFO insights, AI transformation stories, and fintech innovation updates.

Elon Musk believes the future of work won’t involve much working at all. In a post on X, he said AI and robots will “rep...
10/31/2025

Elon Musk believes the future of work won’t involve much working at all. In a post on X, he said AI and robots will “replace all jobs,” making employment optional—something people do for fun, like growing vegetables instead of shopping at the store.

The Tesla and SpaceX CEO has long argued that automation will make human labor unnecessary, but this time his comparison to hobby farming sparked debate. Some saw a utopian future where people are free to pursue passions, while others warned of mass unemployment and social collapse.

Musk’s comment came in response to investor Jason Calacanis, who cited reports that Amazon could replace up to 600,000 warehouse jobs with robots. The conversation reignited concerns that automation is accelerating faster than policymakers or workers can adapt.

Critics questioned how people would afford goods if wages disappear, while others floated universal basic income as a possible fix. Musk has supported that idea before but hasn’t explained how it would be funded.

For now, most people still depend on work to survive. But Musk’s vision suggests a future where labor becomes a choice, not a requirement—and where growing lettuce might replace logging into Zoom.

🔥 Where Fintech’s Brightest Minds Meet!A new era is unfolding in private markets - join the conversation with leaders fr...
10/31/2025

🔥 Where Fintech’s Brightest Minds Meet!

A new era is unfolding in private markets - join the conversation with leaders fromForge Global, Nasdaq Private Market, EquityZen, and SteelWave Digital for a powerful discussion on A New Age for Retail Investors.

📅 November 10, 2025
📍 Benzinga Fintech Day & Awards

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On Thursday, Cathie Wood-led Ark Invest made significant trades involving Palantir, AMD, Pacific Biosciences, and DoorDa...
10/31/2025

On Thursday, Cathie Wood-led Ark Invest made significant trades involving Palantir, AMD, Pacific Biosciences, and DoorDash.

ARK Space Exploration & Innovation ETF executed a sale of 19,954 shares of Palantir on Thursday. The transaction, valued at approximately $3.9 million based on the closing price of $194.55, comes amid the Alex Karp-led company’s expanding role in AI-driven technologies.

The company recently collaborated with drone firms to enhance AI-powered flight and analytics, marking a significant step in the data-driven future of aerial technology.

Ark has been on a Palantir selling spree this week, unloading $4.1 million worth of shares on Tuesday after selling another $2.63 million on Monday.

On the same day, ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) sold 13,651 AMD shares amounting to approximately $3.5 million at the closing price of $254.84.

This move follows AMD’s recent $1 billion partnership with the U.S. government to develop supercomputers. The collaboration aims to bolster America’s leadership in high-performance computing, with potential impacts on energy, medicine, and national security.

📊 PreMarket Movers – October 31, 2025📈 Gainers:⬆️ $BHF +23.65%⬆️ $ATEC +22.04%⬆️ $AMZN +12.38%📉 Losers:🔻 $SPSC -34.55%🔻 ...
10/31/2025

📊 PreMarket Movers – October 31, 2025

📈 Gainers:
⬆️ $BHF +23.65%
⬆️ $ATEC +22.04%
⬆️ $AMZN +12.38%

📉 Losers:
🔻 $SPSC -34.55%
🔻 $DXCM -11.85%
🔻 $TBBK -10.38%

📺 Watch the full premarket breakdown here 👉 https://www.youtube.com/watch?v=6DYMX5GxpZU

Nvidia Corporation has announced a deal to supply more than 260,000 of its cutting-edge AI chips to the South Korean gov...
10/31/2025

Nvidia Corporation has announced a deal to supply more than 260,000 of its cutting-edge AI chips to the South Korean government and some of the country’s major corporations.

Nvidia’s latest AI chips will be utilized for the development of AI infrastructure in South Korea. The government is set to utilize over 50,000 of Nvidia’s most advanced chips, while Samsung Electronics Co Ltd, SK Group, and Hyundai Motor Group plan to deploy up to 50,000 AI chips across their smart factories, which focus on semiconductor and vehicle production. Some of the other corporations that have joined hands with Nvidia are NAVER, the Korea Institute of Science and Technology Information, and the Kakao Corp.

“Just as Korea’s physical factories have inspired the world with sophisticated ships, cars, chips, and electronics, the nation can now produce intelligence as a new export that will drive global transformation,” said Nvidia CEO Jensen Huang.

The deal was disclosed following a meeting between Huang, South Korean President Yoon Suk-yeol, and the leaders of Samsung, SK Group, and Hyundai Motor Group at the Asia Pacific Economic Cooperation (APEC) summit in Gyeongju.

OpenAI founder Sam Altman has slammed Tesla over the company's highly anticipated Roadster, which could be slated to sta...
10/31/2025

OpenAI founder Sam Altman has slammed Tesla over the company's highly anticipated Roadster, which could be slated to start production imminently.

Detailing an email exchange with Elon Musk's EV giant in a post on the social media platform X on Thursday, Altman shared screenshots of emails he sent to Tesla to cancel his Roadster reservation. "A tale in three acts," Altman captioned the post.

The screenshots detail Altman making a reservation for the Roadster back in 2018, paying the $50,000 amount required to reserve the vehicle. However, Altman then shared a screenshot of another email he sent to cancel the booking and initiate a $50K refund, only to find that the purported email doesn't exist anymore.

It's worth noting that Tesla's official website is still allowing customers to make reservations for the Roadster, demanding a $5,000 upfront payment and the other $45,000 payment to be made via a wire transfer within 10 days of the initial payment.

Bill Gates 'Lost A Fortune' Shorting Tesla Amid Climate Stance Shift, Says Chamath Palihapitiya: '...Experiment Is Over'...
10/31/2025

Bill Gates 'Lost A Fortune' Shorting Tesla Amid Climate Stance Shift, Says Chamath Palihapitiya: '...Experiment Is Over'

Social Capital founder Chamath Palihapitiya slammed Microsoft Corp (NASDAQ:MSFT) founder Bill Gates for shorting Tesla Inc. (NASDAQ:TSLA) amid the billionaire and philanthropist's shift in climate stance.

Bill Gates Lost A Fortune
Quoting a post on the social media platform X on Tuesday that contained an excerpt from Gates' blog post that detailed a shift in perspective on the Climate crisis, Palihapitiya criticized the billionaire for scaling back on his climate change stance.

"Bill Gates lost a fortune shorting $TSLA and even more backing dumb ESG [Environmental, Social and Governance] projects," Palihapitiya shared. "It seems his experiment is over and the results are in," the investor added.

Gates had shorted Tesla back in 2022, much to the chagrin of Tesla CEO Elon Musk, who made a text exchange between the pair public back when Gates had approached Musk to explore possible collaborations regarding climate change.

Bill Gates Foundation's Chinese Funding Probe, Chamath Palihapitiya Says DEI Behind Amazon Layoffs
The news comes as the Bill & Melinda Gates Foundation is reportedly under investigation by authorities over allegedly funding 20 entities with $23 million in grants. The entities were reportedly tied to the Chinese Communist Party (CCP).

Meanwhile, Palihapitiya said that Amazon.com Inc. (NASDAQ:AMZN) AI was being blamed for flawed hiring practices at the e-commerce giant. Palihapitiya said that Amazon’s laying off 30,000 employees was a result of "the unwinding of the DEI-fueled Hiring Bonanza of the past decade."

Tesla's 2-Door Affordable Model
Elsewhere, Tesla Board Chair Robyn Denholm said that the company could put a steering wheel and pedals in the upcoming Cybercab to comply with regulators and safety standards if needed.

Denholm's comments seemingly vindicate suggestions from investors like Ge**er Kawasaki's co-founder Ross Ge**er, who had said that there could be a market for an affordable 2-door Tesla.

OpenAI, the company behind ChatGPT, is reportedly preparing for what could become one of the largest IPOs in history, po...
10/31/2025

OpenAI, the company behind ChatGPT, is reportedly preparing for what could become one of the largest IPOs in history, potentially valuing the company at up to $1 trillion.

According to Reuters, OpenAI could file for a public listing as soon as the second half of 2026, though some insiders point to 2027 as a more realistic target. The company’s current valuation discussions reportedly start around $60 billion but could climb much higher depending on market conditions and growth.

While no formal plans have been confirmed, CFO Sarah Friar has hinted that the timing could shift based on the AI market’s strength. OpenAI told Reuters that an IPO isn’t its current focus, emphasizing instead its mission to develop artificial general intelligence that benefits everyone.

The IPO talk follows a major restructuring that reduced OpenAI’s dependence on Microsoft and clarified its ownership structure. The nonprofit OpenAI Foundation now controls a 26% stake, while Microsoft holds about 27% after its $13 billion investment. The overhaul received approval from California’s attorney general this week, clearing a key regulatory hurdle.

CEO Sam Altman celebrated the move, saying he’s proud to keep the company rooted in California.

OpenAI’s annualized revenue is expected to reach $20 billion by the end of the year. Altman has admitted that the company’s capital requirements are massive, and a public listing could be the best path forward.

Microsoft CEO Satya Nadella called the strengthened partnership between the two companies a “great milestone,” noting it has already generated significant mutual growth.

10/31/2025

A look at the stock owned by both Ark Funds and Congresswoman Marjorie Taylor Greene.

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