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Broadcom offers US$600M incentive to CEO for AI business growth

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10 Sep
Broadcom CEO Hock Tan stands to receive up to US$600 million in stock rewards if he can drive artificial intelligence (AI) product revenue to US$120 billion by fiscal year 2030.
Newer Baidu launches ERNIE X1.1, claiming to rival OpenAI GPT-5 and Google Gemini 2.5 Pro benchmarks
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Older GenAI transforms SaaS but large enterprise systems remain resilient