Alibaba’s Hong Kong-listed shares skyrocketed over 19% on Monday, marking their highest level since March, after strong momentum from its cloud computing business and reports of progress on a new AI chip. The rally follows a nearly 13% surge in Alibaba’s U.S.-listed shares last Friday after its earnings release. For the June quarter, the Chinese […]
Huawei has officially launched the second generation of its trifold smartphone, the Mate XTs, as part of its push to solidify dominance in China and expand its footprint overseas. The Mate XTs, priced from 17,999 yuan ($2,520) to 21,999 yuan, features two hinges that allow the device to fold at multiple points, transforming it into […]
After U.S. President Donald Trump announced his approval of a deal that could keep TikTok operating in the United States, Beijing’s response has been strikingly muted. Despite the app’s global popularity and political weight, Chinese state media and online discussions have offered little commentary, signaling the government’s cautious stance as it ultimately holds the power […]
Nintendo has raised its sales forecast for the Switch 2 console, reflecting growing momentum for its next-generation gaming system. The Japanese gaming powerhouse now expects to sell 19 million units of the Switch 2 in the fiscal year ending March 2026, up from its earlier estimate of 15 million units. Here’s how Nintendo performed in […]
Tesla is pushing back against a $242.5 million jury verdict in a wrongful death and product liability case, asking a Florida court to either overturn the decision or grant a new trial. The case stems from a 2019 fatal accident in Key Largo, Florida, where George McGee crashed his Tesla Model S while using the […]
Meta CEO Mark Zuckerberg has once again defended the company’s aggressive push into artificial intelligence, saying that heavy spending now will drive massive long-term gains for the tech giant. During Meta’s third-quarter earnings call, Zuckerberg addressed the company’s soaring AI expenditures — including a $14.3 billion investment in Scale AI — part of a broader […]
Nvidia is aiming to introduce more advanced chips to China beyond its current H20 model, CEO Jensen Huang revealed during a press conference in Beijing. This strategic move follows the company’s decision earlier this week to restart sales of the H20 AI chip in the region— a product specifically designed to align with U.S. export […]
Apple has confirmed that the launch of its new iPhone Air in China will be delayed due to regulatory challenges linked to its eSIM-only design. Chinese wireless carriers are still awaiting government approval to offer devices using eSIM technology, which has prevented the rollout of the iPhone Air in the region. Apple stated that it […]
In a recent in-depth interview, OpenAI CEO Sam Altman shared candid insights on the ethical, moral, and privacy dilemmas surrounding ChatGPT and the broader impact of artificial intelligence. Altman admitted that the weight of responsibility often keeps him awake at night. “I don’t sleep that well. Every day, hundreds of millions of people interact with […]
OpenAI CEO Sam Altman believes the term “artificial general intelligence” (AGI) is losing its value as the AI industry evolves at an unprecedented pace, making it increasingly difficult to define. AGI is often described as an AI system capable of performing any intellectual task that a human can do. For years, OpenAI has aimed to […]