Shanghai, China–(Newsfile Corp. – August 27, 2026) – From July 17 to 20, 2026, the World AI Conference & High-Level Meeting on Global AI Governance was held in Shanghai, China. Chinese President Xi Jinping attended the opening ceremony and delivered a keynote address. Under the theme “AI Partnership for a Brighter Future,” the conference sent…
In November, Texas Gov. Greg Abbott declared his state the “epicenter of AI development” while announcing a $40 billion investment by Google. Texas Gov. Greg Abbott and Alphabet CEO Sundar Pichai in November, the day Google announced plans to invest $40 billion in new Texas data centers through 2027. Less than a year later, the…
Alibaba Group Holding Ltd will establish a task force to accelerate development of its foundation AI models, following the resignation of Qwen AI division head Lin Junyang. According to a report by the news agency Reuters, the company has sent a letter to employees this week stating that the task force will coordinate AI efforts…
Hong Kong authorities are using artificial intelligence and laser-based sensors to improve environmental impact assessments for major projects, with plans to use these tools for sustainable development in the Northern Metropolis. The Environmental Protection Department has been employing two systems – one for detecting bird species and another for monitoring trees – at Hong Kong…
Tesla CEO Elon Musk has sounded the alarm on America’s energy infrastructure crisis, calling the country’s lagging power generation capacity a “major competitive disadvantage” as China races ahead in the global power race. Musk’s stark warning came in response to market analyst Adam Kobeissi’s December 19 analysis revealing that China now commands 3.75 terawatts of…
AI is already squeezing some entry-level roles, but the CEO of Google says even the top corporate job isn’t safe. “I think what a CEO does is maybe one of the easier things maybe for an AI to do one day,” Sundar Pichai told the BBC in an interview that aired Tuesday. The Google boss…
The FTSE 100 (^FTSE) and European stocks finished higher for a second day on Tuesday, while Wall Street wavered as anxiety about inflated AI valuations overshadowed signals that the US government shutdown is set to end soon. SoftBank Group (SFTBY) said on Tuesday it had sold its entire stake in chipmaker Nvidia (NVDA) to fund…
(Bloomberg) — In late 2024, OpenAI, still recovering from the aftershock of the brief, messy ousting of Sam Altman, initiated what it hoped would be a relatively straightforward process of converting to a more traditional for-profit business that would be more appealing to investors. Then came the pushback. Most Read from Bloomberg Elon Musk, an…