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How Nvidia-linked tycoon's school teaches AI to kids

How Nvidia-linked tycoon's school teaches AI to kids

Bloomberg4 days ago

At this tech tycoon's school, children as young as six are being taught how to handle AI. The tycoon behind Nvidia partner FPT thinks it's one way to boost economic development in Vietnam. Haslinda Amin takes you inside the classroom. (Source: Bloomberg)

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Truecaller reaches two new milestones for consumer subscriptions
Truecaller reaches two new milestones for consumer subscriptions

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time29 minutes ago

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Truecaller reaches two new milestones for consumer subscriptions

STOCKHOLM, June 2, 2025 /PRNewswire/ -- Truecaller's paid consumer offerings have recently reached two new milestones. Truecaller surpassed three million paying subscribers on the 17th of May and has also hit the milestone of surpassing one million subscribers on iOS on the 27th of May. As of 31st of March 2025 the corresponding numbers were 2.86 million overall subscribers of which 0.86 million subscribers on iOS and on 31 of December 2024 the subscriber numbers were 2.72 million of which 0.82 million on iOS. The growth rate for iOS subscribers since 31 March 2025 is equivalent to 16%. Rishit Jhunjhunwala, Truecaller's CEO, said, "I am pleased to see that more and more users see the value of becoming premium users. In the last couple of years we have improved and simplified our premium offering significantly. Our premium users today get many valuable products like our AI-Assistant, advanced spam blocking opportunities and fraud insurance, to mention a few. From January, our premium users on iOS now also get the Live Caller ID solution. Our strategy on iOS and optimization of the product and conversion, starts to show a promising trend. Our family package, where you can include up to four more family members in the premium package and get a discounted price, has also seen encouraging growth." Fredrik Kjell, Truecaller's COO, said, "We will continue to elevate the subscription offering by adding even better services and providing more tools to improve our users' communication experience. The achieved milestones are definitely a step in the right direction but our ambitions go well beyond having 3 million subscribers. The upside to our revenues from growing the number of subscribers is substantial as premium users generate substantially higher revenue per user." For more information, please contact: Andreas Frid, Head of IR & Communication+46 705 29 08 About Truecaller: Truecaller (TRUE B) is the leading global platform for verifying contacts and blocking unwanted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. Fraud and unwanted communication are endemic to digital economies. especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 450 million active users. Truecaller is listed on Nasdaq Stockholm since 8 October 2021. For more information please visit This information was brought to you by Cision The following files are available for download: Subscription PR 250602 4157447_0.png 4157447_1.png View original content: SOURCE Truecaller AB Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Here's What To Make Of Able Global Berhad's (KLSE:ABLEGLOB) Decelerating Rates Of Return
Here's What To Make Of Able Global Berhad's (KLSE:ABLEGLOB) Decelerating Rates Of Return

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timean hour ago

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Here's What To Make Of Able Global Berhad's (KLSE:ABLEGLOB) Decelerating Rates Of Return

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Ultimately, this demonstrates that it's a business that is reinvesting profits at increasing rates of return. So, when we ran our eye over Able Global Berhad's (KLSE:ABLEGLOB) trend of ROCE, we liked what we saw. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. To calculate this metric for Able Global Berhad, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.16 = RM97m ÷ (RM787m - RM160m) (Based on the trailing twelve months to March 2025). So, Able Global Berhad has an ROCE of 16%. In absolute terms, that's a satisfactory return, but compared to the Food industry average of 9.7% it's much better. Check out our latest analysis for Able Global Berhad In the above chart we have measured Able Global Berhad's prior ROCE against its prior performance, but the future is arguably more important. If you're interested, you can view the analysts predictions in our free analyst report for Able Global Berhad . The trend of ROCE doesn't stand out much, but returns on a whole are decent. The company has consistently earned 16% for the last five years, and the capital employed within the business has risen 79% in that time. Since 16% is a moderate ROCE though, it's good to see a business can continue to reinvest at these decent rates of return. Stable returns in this ballpark can be unexciting, but if they can be maintained over the long run, they often provide nice rewards to shareholders. In the end, Able Global Berhad has proven its ability to adequately reinvest capital at good rates of return. However, over the last five years, the stock has only delivered a 13% return to shareholders who held over that period. So because of the trends we're seeing, we'd recommend looking further into this stock to see if it has the makings of a multi-bagger. If you want to continue researching Able Global Berhad, you might be interested to know about the 1 warning sign that our analysis has discovered. While Able Global Berhad isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Circus SE Moves Global Headquarters to Munich
Circus SE Moves Global Headquarters to Munich

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timean hour ago

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Circus SE Moves Global Headquarters to Munich

Munich to serve as core hub for AI-driven innovation, engineering talent, and strategic partnerships in education and robotics New HQ will strengthen Circus' position as a leader in robotics and embodied AI and anchors global operations with full control over R&D and pre-series manufacturing MUNICH, June 02, 2025--(BUSINESS WIRE)--Circus SE (XETRA: CA1), a global technology company in AI software and autonomous robotics for the food service industry, today announces the relocation of its global headquarters to Munich, marking a strategic move to strengthen its position in one of Europe's most dynamic technology hubs. With a strong foundation already laid in the region through years of mechanical engineering and robotics development, the company is doubling down on Munich as its core location for AI innovation, advanced robotics, and pre-series production of its new CA-M military-grade autonomous robot platform. "As OpenAI, NVIDIA and other global leaders invest in Munich and the global demand for intelligent automation surges, Munich has become one of the few places in the world where cutting-edge research meets world-class engineering talent," said Nikolas Bullwinkel, CEO and Founder of Circus. "We're building the future of robotics here – from our civilian food service automation to next-gen defense solutions – and Munich will be our long-term launchpad." The new HQ will serve as a central R&D hub, attracting top talent and enabling closer collaboration with leading universities, research centers, and the region's industrial base. "The ecosystem in Munich is continuously evolving into a global hotspot for robotics and AI," says Dr. Arne Rost, member of the Circus Advisory Board Member and Managing Director of the Venture Lab Robotics/AI from the Technical University Munich. "The city brings together academic excellence, entrepreneurial drive, and international deep-tech talent – and Circus is one of the most ambitious companies actively shaping this ecosystem." Circus' expansion signals a broader trend of global tech players choosing Munich as their base to scale high-impact innovation. With serial production underway and global deployments of its robotics system CA-1 lined up, Circus is set to redefine how intelligent machines integrate into everyday life — and Munich is where that future begins. About Circus SE Circus SE (XETRA: CA1) is a global technology company in the field of embodied AI and AI software for the food service industry, driving innovation and autonomy in labor-intensive sectors. With its core product, the CA-1 robot, Circus is a pioneer in applying embodied AI, integrating cutting-edge technologies into real-world operations, and transforming the food service industry. By combining advanced robotics, AI-driven software, and a mission to solve global challenges, Circus is shaping the future of autonomous systems and redefining human-AI collaboration. Headquartered in Germany and with a rapidly growing international presence, Circus leads the next generation of AI applications. Language: English Company: Circus SE Hongkongstrasse 6 20457 Hamburg Germany E-mail: ir@ Internet: ISIN: DE000A2YN355 WKN: A2YN35 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich (m:access), Tradegate Exchange View source version on Contacts Hongkongstrasse 620457 Hamburgir@

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