Nvidia Faces Bipartisan Concern Over Chinese Facility Report
Republican Senator Jim Banks and Democrat Elizabeth Warren are demanding answers from Nvidia Corp. CEO Jensen Huang on his firm's reported plans to open a research facility in Shanghai, saying the decision 'raises significant national security and economic security concerns.'
Banks and Warren were reacting to a Financial Times report that Nvidia is opening a research and development center in the Chinese city. The news organization, citing people with knowledge of the matter, said the facility would be used for a potential expansion as well as existing employees and that the company is advertising to hire artificial intelligence talent in China.
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5 minutes ago
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AIOZ Network Unveils AIOZ AI: A Decentralized AI Marketplace and Compute Network Powered by DePIN
Grand Anse, May 30, 2025 (GLOBE NEWSWIRE) — Grand Anse, Mahe Island – Grand Anse, Mahe Island, Seychelles – AIOZ Network announces the launch of AIOZ AI, the first decentralized AI model and dataset marketplace built entirely on DePIN. As the foundational layer of AIOZ's infrastructure, DePIN powers a global network for AI computes, storage, streaming, and IPFS pinning service, enabling AI to be developed and deployed in a decentralized environment with greater transparency, control, and ownership. With this release, developers, researchers, and enterprises can upload, purchase, store, and monetize AI models and datasets across a distributed environment. AIOZ AI processes tasks through DePIN Compute, giving contributors ownership, transparency, and control over how their AI assets are used. 'With AIOZ AI, we're introducing a new foundation for decentralized AI. Built on DePIN, this platform empowers developers to share, monetize, and eventually tokenize their AI assets, from models to datasets and applications,' said Erman Tjiputra, Founder & CEO of AIOZ Network. 'It's part of our broader vision to create a unified infrastructure where people can store, stream, and compute in a decentralized way, with ownership and value returning to the contributors of the network.' DePIN: The Foundation of a Decentralized AI Economy AIOZ AI is built on DePIN Compute, a decentralized infrastructure that transforms how AI models are processed, stored, and monetized. The platform empowers users to upload models and datasets, unlock potential rewards when their assets are used, and access a growing ecosystem of decentralized AI applications. AI inferencing and compute tasks are executed on AIOZ's DePIN . This decentralized infrastructure ensures secure, permissionless access to AI processing while giving contributors a share in the network's growth. The AIOZ AI marketplace introduces an initial collection of AI models, datasets, and compute resources, giving early adopters access to a growing decentralized AI ecosystem. AIOZ AI Roadmap and Ecosystem Vision The launch of AIOZ AI marks the first step in building a decentralized AI ecosystem powered by DePIN Compute. V1 introduces foundational marketplace features, user accounts, payments, and the ability to upload, purchase, and monetize AI models and datasets, with built-in community features like voting and discussions. V2 will expand developer functionality by enabling larger file support, Git-based uploads, and API access via SDKs in Python, Go, and V3 will integrate DePIN-based AI inferencing, allowing developers to unlock potential rewards from verified model usage and compute tasks. V4 will introduce decentralized training, enabling models to be DePIN-trained and showcased in real-world applications. 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The first wave of challenges will roll out after the platform's public release and run throughout 2025, providing participants the opportunity to build, submit, and refine AI models based on a defined technical framework. Submissions will be evaluated on performance, utility, and innovation, with leading models incentivized with potential tokens rewards and highlighted in the marketplace for greater discoverability. A public leaderboard will highlight top contributors, who may also gain early access to advanced features, future SDK integrations, and participation in exclusive collaborations. Join the Future of AI with AIOZ Network: Power AIOZ AI by Running AIOZ DePIN AIOZ AI runs on a decentralized backbone of contributors. By contributing to the AIOZ DePIN, users help drive AI model training, tasks inferencing, data storage, and unlock the potential for token rewards. No matter the background — tech enthusiast, AI developer, or blockchain believer — one's contribution fuels a cutting-edge, community-powered AI ecosystem. Everything Intelligence. AIOZ AI. Be the future redefining how AI is built and delivered. Start the journey today at About AIOZ Network: Powering Web3 Infrastructure Through DePIN AIOZ Network is pioneering the future of decentralized infrastructure by advancing DePIN across AI compute, media delivery, and distributed storage. AIOZ Network enables AI processing, content streaming, and secure data storage through a globally distributed network of over 200,000 contributors. 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13 minutes ago
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KSL Holdings Berhad's (KLSE:KSL) healthy profit numbers didn't contain any surprises for investors. We believe that shareholders have noticed some concerning factors beyond the statutory profit numbers. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. As finance nerds would already know, the accrual ratio from cashflow is a key measure for assessing how well a company's free cash flow (FCF) matches its profit. The accrual ratio subtracts the FCF from the profit for a given period, and divides the result by the average operating assets of the company over that time. The ratio shows us how much a company's profit exceeds its FCF. As a result, a negative accrual ratio is a positive for the company, and a positive accrual ratio is a negative. While it's not a problem to have a positive accrual ratio, indicating a certain level of non-cash profits, a high accrual ratio is arguably a bad thing, because it indicates paper profits are not matched by cash flow. To quote a 2014 paper by Lewellen and Resutek, "firms with higher accruals tend to be less profitable in the future". KSL Holdings Berhad has an accrual ratio of 0.22 for the year to March 2025. Therefore, we know that it's free cashflow was significantly lower than its statutory profit, which is hardly a good thing. In the last twelve months it actually had negative free cash flow, with an outflow of RM430m despite its profit of RM423.8m, mentioned above. We saw that FCF was RM82m a year ago though, so KSL Holdings Berhad has at least been able to generate positive FCF in the past. Having said that, there is more to the story. The accrual ratio is reflecting the impact of unusual items on statutory profit, at least in part. View our latest analysis for KSL Holdings Berhad Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of KSL Holdings Berhad. Given the accrual ratio, it's not overly surprising that KSL Holdings Berhad's profit was boosted by unusual items worth RM57m in the last twelve months. While we like to see profit increases, we tend to be a little more cautious when unusual items have made a big contribution. When we crunched the numbers on thousands of publicly listed companies, we found that a boost from unusual items in a given year is often not repeated the next year. And, after all, that's exactly what the accounting terminology implies. If KSL Holdings Berhad doesn't see that contribution repeat, then all else being equal we'd expect its profit to drop over the current year. KSL Holdings Berhad had a weak accrual ratio, but its profit did receive a boost from unusual items. For the reasons mentioned above, we think that a perfunctory glance at KSL Holdings Berhad's statutory profits might make it look better than it really is on an underlying level. So if you'd like to dive deeper into this stock, it's crucial to consider any risks it's facing. For instance, we've identified 2 warning signs for KSL Holdings Berhad (1 makes us a bit uncomfortable) you should be familiar with. Our examination of KSL Holdings Berhad has focussed on certain factors that can make its earnings look better than they are. And, on that basis, we are somewhat skeptical. But there are plenty of other ways to inform your opinion of a company. Some people consider a high return on equity to be a good sign of a quality business. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. 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.
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