President Donald Trump has announced a 100% tariff on all Chinese imports after Beijing threatened to restrict exports of rare-earth minerals crucial to U.S. manufacturing and defense industries. The move marks a sharp escalation in the U.S.–China trade standoff, with Trump accusing China of “economic blackmail” and vowing to protect American industry from what he called unfair trade practices. What do you think about this?
Saudi Arabia is constructing a $5 billion Rise Tower in Riyadh, surpassing six Burj Khalifas. The Public Investment Fund is set to bid in 2025 for the project, which combines oil money with engineering ambition and national pride.
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27-year-old Shayne Coplan, the world's youngest billionaire, has built Polymarket, a $9 billion prediction market, into institutional infrastructure. The New York Stock Exchange is investing $2 billion to bring his data to Wall Street.
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Back in 2017, SoftBank had invested heavily in Nvidia. But by 2019, they sold off their stake—just before Nvidia’s stock exploded by more than 500% as it became the global leader in AI chips and GPUs.
Son’s regret is a reminder of one of investing’s oldest lessons: timing can shape or shatter fortunes. While SoftBank moved on, Nvidia is crossing almost $5 trillion mark and redefined the future of computing.
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Kenneth Griffin compared today’s AI boom to the early days of the internet, suggesting that while large language models have made huge strides, true transformative progress may take far longer than most expect. He noted that many of today’s tech leaders envision revolutionary forms of AI emerging within three to five years, but the reality could be closer to 20 or even 30. Drawing parallels to the dot-com era, Griffin reminded that although no one doubted the internet would change the world, it still took decades to mature, with an inevitable period where winners and losers were sorted out. Similarly, AI’s full potential may unfold over a much longer horizon than current hype suggests.
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