Intel Capital-Backed AI Firm Reconova Is Said to Plan HK IPO
The Intel Capital Corp. -backed firm is working with advisers on a share sale that could raise about $100 million, the people said, asking not to be identified because the information isn't public.
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17 minutes ago
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‘My Kid Will Never Ever Be Smarter Than an AI': OpenAI's Sam Altman Warns Most Kids Won't Know a World Without AI
Artificial intelligence (AI) is now so advanced that some experts believe no child will ever surpass its intelligence again. OpenAI CEO Sam Altman, a central figure in the world of artificial intelligence, recently reflected on the transformative potential of AI advancements, and particularly their impact on the next generation. Speaking on a podcast, he remarked, 'My kid will never ever be smarter than an AI. That will never happen. You know, kid born a few years ago. They had a brief period of time. My kid never will be smarter.' More News from Barchart Warren Buffett Cautions Ill-Informed Investors: 'The Market, Like the Lord, Helps Those Who Help Themselves,' But Markets Are Unforgiving Can Archer Aviation Become the Tesla of the Skies? As Kodak Terminates Its Pension Plans, What Top Companies Still Offer This Retirement Perk? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Altman's statement captures a profound and ongoing shift, both in technology and society. As the current leader of OpenAI, the organization behind breakthroughs like the GPT-language model series and other advanced AI technologies, Altman's insights carry significant weight. His views are shaped by daily interactions with researchers pushing the boundaries of what AI can achieve — tasks ranging from language generation and autonomous reasoning to problem-solving at a superhuman scale. When Altman says 'my kid will never be smarter than an AI,' he is not lamenting a loss, but observing a turning point in technology. Historically, each new generation had the chance to exceed the achievements of earlier ones, shaped by new education, tools, and inventions. Now, he says, a rapidly accelerating AI trajectory means that children born today will coexist with machines that learn and develop orders of magnitude faster, with access to vast data and computational resources. Altman's comment reflects both a recognition of what has already changed and a sense of inevitability about the future. The authority behind Altman's remark comes from his central role at OpenAI. Since its founding in 2015, OpenAI has led the development of generative AI with a philosophy that blends technological optimism and public caution. Altman, previously a leading Silicon Valley investor and technologist, has often spoken about the responsibility of the sector and the need for flexible, thoughtful policy as AI becomes increasingly integrated into everyday life and the economy. His assertion that no human — no matter how young or well-educated — could ever outpace AI is rooted in empirical reality. AI models now routinely outperform humans in specialized knowledge domains, can process and generate language with uncanny fluency, and are applied across finance, healthcare, logistics, and creative fields. The 'brief period of time' when a child or their peers could match or exceed machine intelligence may well have effectively vanished, as Altman suggests, replaced by a world where coexistence and collaboration with increasingly capable AI systems is the norm. This perspective is particularly salient as debates about job displacement, educational outcomes, and the essence of human endeavor gain prominence. Altman's comment is not simply an observation about his own family, but a reflection of the collective transition underway: society must adapt to new definitions of intellect, capability, and value in an era dominated by artificial intelligence. Experts suggest this requires a renewed emphasis on skills such as creativity, adaptability, and ethical reasoning — areas where machines may never fully overtake human strengths. For now, Altman's remark encapsulates the magnitude of change artificial intelligence is bringing to global culture, labor, and the imagination of what people can become. As AI evolves, the notion of human uniqueness is being redefined, not diminished — and it's a process that will shape the upbringing and prospects of generations to come. On the date of publication, Caleb Naysmith did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on 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
Yahoo
34 minutes ago
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Thinking of Buying Tesla Stock? Here Are 2 Red Flags to Watch
Key Points Tesla's heavy reliance on Elon Musk adds significant leadership risk. Increasing competition from established automakers and Chinese EV makers is pressuring Tesla's dominance. Investors need to be comfortable with Tesla's high valuation. These 10 stocks could mint the next wave of millionaires › Tesla (NASDAQ: TSLA) has long been the front runner in the electric vehicle (EV) revolution in the U.S. Its innovation, brand strength, and rapid growth have made it a favorite among investors. Yet, despite its impressive track record, there are two big risks that investors should carefully consider before buying Tesla stock today. 1. The Elon Musk factor Elon Musk's leadership is often cited as Tesla's greatest strength -- and, paradoxically, one of its most significant vulnerabilities. Musk's vision and hands-on approach have driven Tesla's technological breakthroughs and ambitious expansion. However, this heavy reliance on a single individual introduces what investors refer to as "key man risk." If Musk were to step back from daily operations or shift his focus to other projects, Tesla might face challenges in maintaining its momentum. Though Tesla's management team has grown stronger, few executives command the same vision, drive, and public attention as Musk. Recently, Musk's increasing involvement in political activities has raised concerns about potential distractions or reputational risks for Tesla. While the company has remained operationally strong, these developments underscore the uncertainty around its future leadership continuity. While Tesla's success lies not only with Musk but also with his team, which has executed well on his vision -- no one can build a trillion-dollar company alone -- there is still no clear successor (or a viable management team) . The silver lining here is that the Tesla board has become more serious about finding one in recent months, largely due to the CEO's active involvement in politics. For investors, this means that Tesla's fortunes remain closely tied to Musk's presence and decisions -- a factor that adds a layer of risk to the investment. 2. Intensifying competition Tesla might have been an early mover in the EV industry, but its dominance is no longer guaranteed. The industry landscape is rapidly evolving, with legacy automakers and new entrants accelerating their electric ambitions. Companies like Ford and General Motors are aggressively expanding their EV lineups. For instance, Ford plans to introduce a $30,000 midsize truck by 2027. That price is significantly lower than the average for an EV, and Ford is investing $5 billion in its EV production to make it happen. GM, on the other hand, is working hard on next-generation battery technologies to improve range, charging performance, and cost. Meanwhile, Chinese manufacturers such as BYD are growing their international footprints, particularly in Europe, where Tesla experienced a nearly 27% sales declinein July 2025. BYD's battery technology, government support, and competitive pricing make it a formidable challenger. In addition, a host of EV start-ups are innovating in battery tech, autonomous driving, and new business models, further intensifying competition. While Tesla is not sitting still -- it is working on becoming the lowest-cost producer by cutting prices to grow sales volume and achieve economies of scale -- there is no guarantee that it can maintain its market share over time. In short, it's no longer the only player in town. What does this mean for investors? Tesla's story remains compelling: It's a pioneer with a powerful brand, innovative products, and potential optionality with some of its long shot bets (robotaxi, humanoid robots, etc). But the key man risk surrounding Musk and the escalating competitive landscape are real concerns that investors can't ignore. If Tesla continues to innovate more rapidly than its rivals, the company could sustain its growth trajectory. However, any leadership changes or slips in market position could hurt the business and its share price. While these two risks don't necessarily call for the sale of the stock, they do mean that investors should think carefully before buying the stock today. Tesla stock trades at a significant premium valuation to other carmakers. For perspective, Tesla has a price-to-sales (P/S) ratio of 12.9, compared to GM's 0.3. Unless you're comfortable with the risks and the high valuation, buying the stock today may not be a prudent decision. Don't miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $467,985!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $44,015!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $668,155!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you join , and there may not be another chance like this anytime soon.*Stock Advisor returns as of August 13, 2025 Lawrence Nga has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool recommends BYD Company and General Motors. The Motley Fool has a disclosure policy. Thinking of Buying Tesla Stock? Here Are 2 Red Flags to Watch was originally published by The Motley Fool
Yahoo
an hour ago
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Chinese port achieves first-of-its-kind transfer that could revolutionize maritime trade: 'Significantly cheaper than land transport'
Chinese port achieves first-of-its-kind transfer that could revolutionize maritime trade: 'Significantly cheaper than land transport' A cargo transfer milestone has been reached at a Chinese port. But the haul wasn't typical products, but rather, air pollution. It's a fascinating achievement that could provide shipping with another revenue stream, astoundingly from ship exhaust, according to the Maritime Executive. Evergreen's 152,300-deadweight-ton Ever Top was retrofitted last year with tech to capture carbon dioxide from exhaust, lassoing nearly 80% of emissions with a nearly 100% purity. The stored fumes can then be sold at a profit for other uses, per ME and Interesting Engineering. The transfer happened on June 19 at the Port of Shanghai thanks to special onboard equipment, including absorption and regeneration modules, compression refrigeration, and storage. Past efforts that used trucks and tanks to offload the CO2 were more complicated. In Shanghai, a barge vessel called De Jin parked alongside Ever Top to complete the move, heralded by Chinese officials as a novel effort, ME reported. "For scaled operations, ship-to-ship transfer offers clear advantages. It is significantly cheaper than land transport and much more efficient," project manager Du Mingsai said in IE's story. The retrofit cost about $10 million. But reports indicated the expense can be more than recouped within two years by selling the stored carbon. ME said that experts estimated ships could make an amazing $8 million a year from selling tailpipe gases. Drax Group, a United Kingdom renewable energy company not involved with the project, listed numerous product uses for captured carbon. Sneakers, furniture, cleaner concrete, and even alternative metal were some of the ones noted. The push to capture carbon comes from efforts within the sector to reduce heat-trapping air pollution that is warming the atmosphere and oceans. The National Oceanic and Atmospheric Administration reported that around 91% of the excess heat produced on Earth is absorbed by the oceans. Coral bleaching, sea level rise, and other problems are linked to the warming waters, per the agency. The European Federation for Transport and Environment reported that the sector produces about 3% of global CO2 fumes, which is expected to grow by half by 2050 if "stringent measures are not taken." New-age sails, kites, and hydrogen fuel are some other options being harnessed to cut the use of dirty energy in maritime travel. But ME reported that the Ever Top retrofit costs less than a new vessel or an alternative fuel conversion. "From onboard storage to mobile transfer and reuse, the milestone gives Shanghai a full-chain ecosystem for maritime carbon capture. It also positions the city as a global model for cutting shipping emissions and sets a new benchmark for the industry's green transition," IE's Neetika Walter wrote. Do you worry about air pollution in your town? All the time Often Only sometimes Never Click your choice to see results and speak your mind. But not all of the headlines coming from the Far East seas are squeaky clean. CBS News reported that China is using so-called "dark" vessels to transfer dirty oil between ships as the country continues to buy the fossil fuel from heavily sanctioned Iran. The ships have disabled their transponders, making them tough to ID. China buys 90% of Iran's oil and calls the transactions legitimate, all according to CBS. Staying informed about key environmental issues can help you judge if efforts happening at home and around the world are legitimately meeting sustainability goals. Sometimes companies and countries tout big projects with little actual progress. Choosing cleaner travel options can also make a difference. Public transportation is a way to curb pollution. Every mile traveled via public means instead of driving cuts about a pound of heat-trapping fumes. The move can also save you serious cash in your transportation budget. Join our free newsletter for weekly updates on the latest innovations improving our lives and shaping our future, and don't miss this cool list of easy ways to help yourself while helping the planet. Solve the daily Crossword
