The US is poised to inform numerous nations that they must align themselves in the ongoing competition in artificial intelligence with China, cautioning that those who choose to endorse Beijing’s alternative framework will be barred from participating in a US-led Read More …
Taiwan’s Foxconn, the largest contract electronics manufacturer globally, announced on Wednesday a 35 percent increase in second-quarter profit, surpassing analyst expectations, attributed to sustained robust demand for AI, which it anticipates will propel growth throughout the year. Net profit Read More …
Major technological innovations possess the capacity to reshape economies by generating opportunities, employment, and even entirely new industries, while significantly enhancing productivity and growth. However, the expectation of longer-term gains frequently comes at the cost of short- and medium-term discomfort. Read More …
Plans for blockbuster initial public offerings by AI companies are capturing the attention of Wall Street. Anthropic on Monday made a significant move towards its initial public offering. Rival OpenAI is anticipated to submit its application for an initial public Read More …
President Donald Trump implemented a new 25% tariff on “certain advanced computing chips,” as detailed in a White House fact sheet. This encompasses Nvidia’s H200 chip and AMD’s MI325X. Nonetheless, chips brought in to bolster the US technological supply chain Read More …
