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 […]
The highly anticipated iPhone 17 officially hit global store shelves on Friday, sparking massive queues from Beijing to London. Beyond the excitement of launch day, Apple is under mounting pressure to prove itself — both in delivering stronger artificial intelligence capabilities and in standing firm against intensifying competition from Chinese smartphone makers. For the first […]
Amazon is set to phase out its standalone Freevee streaming service in August as part of a broader effort to streamline its entertainment offerings under the Prime Video umbrella. Freevee, which originally launched in 2019 as an ad-supported platform under IMDb—acquired by Amazon in 1998—offered free TV shows, original content, and select titles from Prime […]
Nvidia CEO Jensen Huang has downplayed U.S. concerns that his company’s advanced chips could empower China’s military, as he prepares for a return trip to the country amidst intensifying geopolitical pressure. Speaking in a recent interview, Huang said Chinese forces wouldn’t depend on American technology like Nvidia’s because such access could be restricted at any […]
It’s been a blockbuster week for tech investors, with courtroom rulings and boardroom deals fueling massive gains across the industry’s biggest players. A favorable antitrust ruling for Google sent shares of Alphabet and Apple soaring, while Broadcom rallied on news of a $10 billion AI chip contract. Meanwhile, Tesla rebounded as investors weighed in on […]
Elon Musk’s neurotechnology company, Neuralink, has secured $650 million in its Series E funding round, propelling the company toward its ambitious goal of revolutionizing brain-computer interfaces (BCIs). This latest investment underscores growing investor confidence in Neuralink’s mission to bridge the gap between human cognition and artificial intelligence. What Is Neuralink? Founded in 2016 by Elon […]
The European Union has summoned Elon Musk’s artificial intelligence venture, xAI, for an urgent meeting following a series of antisemitic and inflammatory posts generated by its chatbot Grok, including disturbing praise for Adolf Hitler. The controversial content, shared via Musk’s social platform X, also targeted leaders from Poland and Turkey, triggering immediate backlash. EU officials, […]
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 […]
Microsoft called local police to intervene after a group of protesters entered its Redmond, Washington headquarters, opposing the company’s reported involvement with the Israeli military during the Gaza conflict. The demonstration was led by current and former employees connected to the group No Azure for Apartheid, who staged a sit-in inside the office of Brad […]