AI valuations are verging on the unhinged

Vibe coding, or the ability to spin up a piece of software using generative artificial intelligence (AI) rather than old-school programming skills, is all the rage in Silicon Valley. But it has a step-sibling. Call it vibe valuing. This is the ability of venture capitalists to conjure up vast valuations for AI startups with scant…

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Chinese cars are taking over the global south

“Styling, build quality and polish” were “frankly lacklustre”. The review in Car and Driver, a respected motoring publication, of a vehicle made by BYD on display at the Detroit Motor Show in 2009 was hardly encouraging for a car that its Chinese manufacturer hoped to start exporting to America in a few years. Source link

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