Arjun Kharpal
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Electric vehicle giant BYD predicts 80% of China car sales will soon be electric
At a time when electric vehicle sales growth in China has been slowing, BYD expects the country's EV market to expand — quite in contrast to smaller rival Nio that recently said the industry's "golden era" was over. "With all the innovation technology introduced to the market, China's market very quickly will push to ... close to 80% in EV penetration," BYD's Executive Vice President Stella Li told CNBC's Arjun Kharpal on Monday. Thanks to state support and a flood of car options, the...
OpenAI says it will comply with Trump's order requiring AI model reviews before release
OpenAI has confirmed it will comply with Donald Trump's executive order that asks AI companies to allow the federal government to assess their models' capabilities before they are released. George Osborne, the company's head of countries, told CNBC's Arjun Kharpal that the startup would sign up to the voluntary order. "It's quite right that democratic governments have a big role to play in how this technology is used and deployed," he said.
AI revolution is '50x bigger' than the dotcom boom: SoftBank's Masayoshi Son to CNBC
The AI revolution is 50 times bigger than the Dotcom revolution in the 2000s, SoftBank CEO Masayoshi Son told CNBC Monday. "I think this is like more than 10x, probably 50x bigger than dotcom," Son told CNBC's Arjun Kharpal in Paris, a day after the company announced that it's investing 75 billion euros ($87 billion) to build AI infrastructure in France, including 5 GW of AI data center capacity. "Even dotcom there was a bubble and burst, but then right after that, the peak of the dotcom...