SHANGHAI/HONG KONG, Sept 12 – Investors are expected to remain hungry for China’s Cambricon shares , with a looming reshuffle in a key tech index that could lead to over $1 billion worth of passive selling unlikely to shake their confidence in the AI bellwether. Shares of Cambricon, an AI chip designer and dubbed China’s…
OpenAI and Nvidia, leading names in the tech industry, plan to announce substantial investments in UK data centers next week. This initiative, reported by Bloomberg News, coincides with a visit by U.S. President Donald Trump. The companies will collaborate with London-based Nscale Global Holdings, a notable player in the data center business, although Nvidia…
The Federal Trade Commission has started an inquiry into several social media and artificial intelligence companies, including OpenAI and Meta, about the potential harms to children and teenagers who use their chatbots as companions. On Thursday, the FTC said it has sent letters to Google parent Alphabet, Facebook and Instagram parent Meta Platforms, Snap, Character…
Good morning. It’s Jeremy here, filling in for Andrew, who is now on paternity leave for a bit. So you’ll see a rotating cast of Fortune tech journalists writing this newsletter for a few weeks. Fortune Brainstorm Tech wrapped yesterday. Here were a few highlights from the final day of the conference: Tom Hale, the…
MANILA, Philippines (AP) — World shares were mostly higher Thursday, buoyed by gains of tech-related stocks after Wall Street inched to more records following a surprisingly encouraging report on inflation and a stunning forecast for growth from Oracle because of the artificial intelligence boom. In early European trading, Germany’s DAX was nearly flat at 23,631.29….
SHANGHAI, Sept 11 – China stocks advanced on Thursday, buoyed by technology shares, as investors remained bullish on artificial intelligence plays despite concerns over potential U.S. restrictions on Chinese innovative drugs. ** China’s blue-chip CSI300 Index was up 1.8% by the lunch break, while the Shanghai Composite Index gained 1.1%. Hong Kong’s benchmark Hang Seng…
HONG KONG, Sept. 11, 2025 /PRNewswire/ — From September 10 to 11, 2025, the 10th Belt and Road Summit was successfully held at the Hong Kong Convention and Exhibition Centre. China Telecom Global (CTG) participated prominently under the theme “Empowering the New Silk Road via AI for Good,” highlighting three core areas: the OneGrowth Global Partnership Initiative, AI…
In a bid to provide more flexibility to test and develop new tech, Republican Senator Ted Cruz on Wednesday introduced a new ‘sandbox’ bill that would let AI companies apply for exemptions from federal regulations. Cruz, who chairs the Senate Commerce Committee, while adressing subcommittee hearing, talked about how Congress can lower regulatory barriers for…
Oracle Corp. shares surged to a record after the company gave an aggressive outlook for its cloud business, stunning Wall Street and galvanizing hopes that the post-ChatGPT global AI infrastructure build-out is accelerating. The company is on track to add about $200 billion to its market value if the stock’s 30% premarket gain holds through…
By Max A. Cherney SAN FRANCISCO (Reuters) -Arm Holdings said on Tuesday it was launching its next-generation set of chip designs called Lumex that it has optimized for artificial intelligence to run on mobile devices such as smartphones and watches without accessing the internet. Called Lumex, the new generation of Arm mobile designs come in…