Last year, startup founder Harpaul Sambhi made an unusual request to his wealth manager: He asked to have 10% of his portfolio returned to him. It wasn’t for a flashy sports car or a down payment on a house. Sambhi had something different in mind: a contest. He wanted to pit his human wealth manager…
Power shifts begin in places most people never see – on assembly lines making batteries and robots, along transmission lines feeding data centre clusters, in local offices selling land and in labs training artificial intelligence models. The United States and China are using these quiet levers to construct different futures. The contest will be decided…
The longer the government shutdown drags on, the more people will feel its impacts—especially when it comes to healthcare and food assistance. Open Enrollment begins for Affordable Care Act Marketplace plans on Saturday, and the enhanced premium tax credits that subsidized health care costs for millions of Americans are set to expire at the end…
US President Donald Trump’s administration needs to reverse the destructive policies undercutting America’s ability to compete with China in strategic hi-tech sectors or see Beijing race ahead, a leading member of the hardline US House Select Committee on China said on Wednesday. China’s commitment to the progress of tech innovation has caused unease in the…
I’m not a financial advisor, but I am a lawyer who’s spent enough time around markets to know how unpredictable they can be. I recently had some extra cash, and I wanted to invest it in something unique. I didn’t want to put the money into the volatile stock market, bonds, crypto, or even real…
Advanced technologies, especially artificial intelligence (AI), semiconductors, and quantum computing, have emerged at the heart of most nations’ national strategic planning. China also developed national plans for technological breakthroughs. However, unlike most other countries, China’s current plans are heavily influenced by unprecedented US export curbs on acquiring technology. These steep and targeted export curbs are…
Topline The S&P 500 reached a record high Monday, one day after the U.S. and China agreed to a trade pact framework that could prevent a broader trade war, news that sent gold prices tumbling. Chinese President Xi Jinping and U.S. President Donald Trump will meet Wednesday. (Photo by Thomas Peter-Pool/Getty Images) Getty Images Key…
China’s 15th five-year plan is more than a policy blueprint; it is a pivotal turning point. This plan and the next one will define an era of innovation-led growth, solidifying China’s status as a major power and peer competitor to the United States. Since the reform and opening-up policy was launched, China’s economic development has…
Fitbit’s new Gemini-powered health coach, announced back in August, is becoming available as a public preview to Premium subscribers in the U.S. on Android starting tomorrow. It expands to iOS later this year. As the AI race heats up, Google is counting on the Gemini AI assistant to help Fitbit stand out from the crowd….
OpenAI has unconventional roots. Founded in 2015 as a nonprofit, rather than a for-profit company, it promised to develop AI “in the way that is most likely to benefit humanity.” With billions of dollars in investments from Microsoft, Japanese bank SoftBank, and chipmaker Nvidia, however, OpenAI has proposed changing its corporate structure to give investors…