Robo.ai Inc. is strategically acquiring a 51% controlling stake in Chinasky Car Trading FZE (CCT), a Dubai-based car import and export company. This move aims to transform CCT's existing trade network into a global distribution hub for Robo.ai's intelligent hardware, including robotaxis and logistics robots. Chinasky Car Trading reported over AED 100 million in revenue for fiscal year 2025 and operates in more than 20 markets across Central Asia, North Africa, and Eastern Europe, which Robo.ai plans to leverage for faster market entry and reduced distribution costs.
In the financial sector, MEXC has completed the rollout of its six-tool AI trading suite, now utilized by over 1.5 million users. This suite includes features like AI News Radar, AI Select List, AI Trending Search, and 'Smart Candles' for price predictions, designed to assist users through the entire investment process. Similarly, Kambi is focusing on AI-driven trading to enhance its performance during the upcoming World Cup, aiming to improve pricing accuracy, risk management, and in-play betting margins following mixed earnings results for 2025.
Investor sentiment around artificial intelligence is shifting, with a cooling of initial hype. Investors are now prioritizing clear earnings and tangible assets, leading to recommendations for ETFs focused on Oracle for software and Micron for hardware infrastructure. This shift is also evident in the $68.6 billion market value loss for Indian IT stocks in February due to fears of AI automation disrupting the labor-intensive industry. Companies are increasingly required to demonstrate a measurable return on investment (ROAI) for AI projects to secure continued funding, moving beyond mere pilot successes.
The AI inference market is projected to reach $255 billion by 2030, highlighting significant opportunities for chip manufacturers. Nvidia, a leader in AI training, maintains a strong position in inference with its GPUs and CUDA platform. Advanced Micro Devices (AMD) is gaining traction, having secured Meta as its second major AI chip customer after OpenAI, with Microsoft also investing in AMD's AI chips. Broadcom is a key player in AI ASICs. Nvidia's fourth-quarter earnings are expected to show substantial growth in data center revenue, projected at $61 billion, a 70% increase year-over-year, with data center equipment now accounting for 90% of its sales.
Key Takeaways
- Robo.ai Inc. acquired a 51% stake in Chinasky Car Trading FZE to establish a global distribution hub for AI hardware like robotaxis.
- Chinasky Car Trading FZE generated over AED 100 million in revenue in fiscal year 2025 and operates in more than 20 markets.
- MEXC launched a six-tool AI trading suite for over 1.5 million users, featuring AI News Radar and 'Smart Candles'.
- Kambi is investing in AI-driven trading to improve pricing accuracy and risk management for the upcoming World Cup.
- Investors are shifting from speculative AI investments to those with clear earnings, considering ETFs focused on Oracle and Micron.
- Companies must now prove a measurable return on investment (ROAI) for AI projects to secure continued funding.
- The AI inference market is projected to reach $255 billion by 2030.
- Nvidia's data center revenue is projected to reach $61 billion for Q4, a 70% year-over-year increase, with data center equipment making up 90% of sales.
- Advanced Micro Devices (AMD) secured Meta as its second major AI chip customer, following OpenAI, with Microsoft also investing in AMD's AI chips.
- Indian IT stocks lost $68.6 billion in market value in February due to concerns about AI automation disrupting the industry.
Robo.ai buys UAE car trader Chinasky for AI hardware strategy
Robo.ai Inc. is acquiring a controlling stake in Chinasky Car Trading FZE (CCT), a Dubai-based car import and export company. This move aims to speed up Robo.ai's plan to sell intelligent hardware by using CCT's existing trade network. CCT, which made over AED 100 million in 2025, will become a global distribution hub for Robo.ai's products like Robotaxis and logistics robots. The acquisition will help Robo.ai reach over 20 markets in Central Asia, North Africa, and Eastern Europe more quickly.
Robo.ai acquires UAE car trader Chinasky for AI hardware distribution
Robo.ai Inc. is acquiring a 51% stake in Chinasky Car Trading FZE (CCT), a car trading company in the UAE. This acquisition will turn CCT's trade network in Dubai into a global distribution center for Robo.ai's intelligent hardware, including robotaxis and logistics robots. CCT generated over AED 100 million in revenue in fiscal year 2025 and has a network in over 20 markets. Robo.ai plans to use CCT to speed up market entry and reduce costs for distributing its AI hardware.
Robo.ai to buy 51% of UAE car trader Chinasky
Robo.ai Inc. has agreed to purchase a 51% stake in Chinasky Car Trading FZE. The deal aims to make CCT's trade network in the Jebel Ali Free Zone a global distribution hub for Robo.ai. This hub will support the launch of Robo.ai's intelligent hardware, such as robotaxis and logistics robots. Chinasky Car Trading reported over AED 100 million in revenue for fiscal year 2025 and operates in more than 20 markets.
MEXC launches AI trading tools for 1.5 million users
MEXC has completed the rollout of its six-tool AI trading suite, now used by over 1.5 million users. These tools work together to help with every step of investing, from finding news to making trade decisions. Features include AI News Radar, AI Select List, AI Trending Search, and 'Smart Candles' for price predictions. MEXC aims to make advanced trading technology accessible to all its users, recognizing that AI is becoming essential in financial services.
MEXC launches AI trading tools for 1.5 million users
MEXC has finished launching its six-tool AI trading suite, reaching over 1.5 million users. The tools are designed to work together, assisting users through the entire investment process from research to execution. Features include AI News Radar, AI Select List, AI Trending Search, and 'Smart Candles' which combines technical analysis with news. MEXC believes AI is fundamental to trading and aims to provide users with AI-powered advantages.
AI hype cools, investors consider Oracle and Micron ETFs
As the hype around artificial intelligence cools, investors are looking for AI-related investments that show clear earnings. A report suggests traders should consider ETFs focused on Oracle for software and Micron for hardware infrastructure. These options offer ways to invest in AI's growth while acknowledging the shift from speculation to tangible results. Leveraged ETFs are becoming popular tools for traders seeking flexible exposure to market changes.
Kambi uses AI for World Cup betting after mixed earnings
Kambi is focusing on AI-driven trading to boost its performance during the upcoming World Cup, following mixed earnings results for 2025. The company is investing in AI to improve pricing accuracy, risk management, and in-play betting margins. Kambi faces a competitive market and aims to use AI to enhance its offerings for sports betting operators. The World Cup presents a significant opportunity for Kambi to demonstrate its technological advancements.
Prove AI returns or funding stops, say leaders
Companies are now required to prove the return on investment for artificial intelligence (AI) projects, moving beyond just potential or pilot successes. Boards and executives want clear evidence that AI delivers measurable value and scales responsibly. Demonstrating return on AI investment (ROAI) is becoming crucial for securing continued funding. Leaders need to focus on metrics that show impact, such as reduced risk and improved decision quality, not just activity.
Top chip stocks for the growing AI inference market
The AI inference market is projected to reach $255 billion by 2030, and several chip companies are well-positioned to benefit. Nvidia, already a leader in AI training, is also strong in inference with its GPUs and CUDA platform. Advanced Micro Devices (AMD) is gaining traction in inference, especially with Microsoft's investment in its AI chips. Broadcom is a key player in AI ASICs, custom chips designed for specific tasks, which are becoming more important for efficient AI inference.
Nvidia earnings expected to show strong AI data center growth
Nvidia is set to report its fourth-quarter earnings, with analysts expecting significant growth in data center revenue driven by artificial intelligence. Projections show $61 billion in data center revenue for the quarter, a 70% increase year-over-year. This surge highlights Nvidia's dominance in providing chips, particularly GPUs, for AI workloads. While originally designed for graphics, Nvidia's data center equipment now accounts for 90% of its sales.
AMD secures Meta as second major AI customer
Advanced Micro Devices (AMD) has secured Meta as its second major customer for AI chips, following its deal with OpenAI. This agreement is expected to boost AMD's AI graphics processing unit revenue. While the full impact of the Meta deal won't be seen until late 2026, it helps reduce AMD's reliance on a single large client. Analysts have raised their fair value estimate for AMD shares due to these positive developments.
Investors shy away from AI, favoring tangible assets
Wall Street investors are becoming hesitant about AI investments, shifting focus towards companies with more tangible assets and proven returns. This trend is partly driven by concerns that AI could disrupt various industries, leading to a sell-off in tech stocks. Companies like Delta Air Lines, with physical operations, are performing better than those whose services could potentially be replicated by AI, like Expedia. This indicates a market move towards stability and away from speculative AI hype.
Indian IT stocks fall $68.6 billion on AI disruption fears
Indian IT stocks have lost $68.6 billion in market value in February due to concerns about artificial intelligence disrupting the industry. Investors worry that AI automation could shorten project timelines and impact the labor-intensive model of India's IT services sector. This sell-off has caused benchmark indexes to lag behind regional peers. Foreign investors have also pulled money from Indian IT stocks, reflecting broader anxieties about AI's long-term effects.
Sources
- Robo.ai Inc. to Acquire Controlling Stake in Chinasky Car Trading FZE, Accelerating Commercialization of Intelligent Hardware Strategy
- Car trader to robotaxi hub: Robo.ai takes control of UAE distributor
- Robo.ai To Acquire 51% Stake In Chinasky Car Trading
- MEXC Completes Rollout of Six-Tool AI Trading Suite, Reaching Over 1.5 Million Users
- MEXC Completes Rollout of Six-Tool AI Trading Suite, Reaching Over 1.5 Million Users
- 2 ETF Trade Options to Ponder as the AI Hype Cools
- Kambi Eyes AI Trading Boost for World Cup After Mixed Earnings
- Why your next AI investment depends on proving returns
- The Artificial Intelligence (AI) Inference Market Could Reach $255 Billion by 2030. These Stocks Are Best Positioned to Win.
- Indian shares trail regional peers on $68.6 billion IT rout over AI concerns
- Nvidia Earnings: AI, Chips Competition, and What Else to Watch; Stock Performance; Data Center Revenue Forecast; CEO Jensen Huang to Speak
- AMD: Meta Agrees to Be the Firm’s Second Large AI Customer
- Wall Street is looking to invest in anything but AI
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