Lawmakers are accelerating efforts to restrict China’s access to powerful US artificial intelligence chips as the top two economies compete for global dominance of the transformative technology. A bipartisan group of senators Thursday introduced a resolution that seeks to affirm American leadership in AI as a national imperative and support US export controls on AI…
Kylian Mbappe and Lamine Yamal are La Liga’s stars of today, but President Javier Tebas is betting on AI to secure the league’s future. Getty Images La Liga is turning to AI in an effort to drive efficiency within its league offices and to deliver a superior broadcast product to its fans. Moving forward, any…
Published: Nov. 6, 2025 at 3:34 p.m. ET U.S. stocks are stumbling this month amid worries over stretched valuations, with the S&P 500’s concentration in Big Tech making it vulnerable to pullbacks like the one seen Thursday. Most of the Big Tech stocks known as the Magnificent Seven trade at lofty valuations well above the highly…
Senate Democrats are pushing the Trump administration for more information on US efforts to prevent American private equity and venture capital firms from bankrolling advances by China and other adversaries in key technologies including artificial intelligence and quantum computing. In a letter to Treasury Secretary Scott Bessent, five Democratic senators demanded a update on plans…
Saudi Arabia and China are moving to deepen their already sizeable cooperation across a range of advanced technologies. The kingdom’s National Industrial Development Center held a meeting on Wednesday with a delegation comprising leaders of 30 leading Chinese companies. Led by the Minister of Industry and Mineral Resources Bandar Alkhorayef, they talked … Source link
Hong Kong Skyline Nikada | E+ | Getty Images Asia-Pacific markets rose Thursday, tracking Wall Street gains after AMD’s third-quarter earnings beat lifted artificial intelligence stocks. Japan’s benchmark Nikkei 225 index was up 1.45%, while the Topix index climbed 1.11%. Japanese artificial intelligence-related companies rose: Advantest, which supplies testing equipment to Nvidia, was up 3.73%,…
(Reuters) -Nvidia CEO Jensen Huang has warned that China will beat the United States in the artificial intelligence race, the Financial Times reported on Wednesday. “China is going to win the AI race,” Huang told the newspaper on the sidelines of the Financial Times’ Future of AI Summit. The artificial intelligence chip leader’s chief in…
By Ankur Banerjee SINGAPORE (Reuters) -Sharp falls in technology stock prices are cause for caution but not panic yet, say brokers and investors who have been riding a runaway market to record highs and some stretched valuations. Selling extended into a second day on Wednesday to leave bourses in Seoul and Tokyo around 5% beneath…
Tesla shareholders have just days left to vote on whether to approve a staggering pay package for chief executive Elon Musk that could award him nearly $1 trillion in shares. Musk could leave the company if shareholders reject the package, board chair Robyn Denholm warned in a letter to voters last week. The pay proposal…
(Reuters) -Palantir Technologies fell almost 6% in early Frankfurt trading on Tuesday, as another strong quarterly update from the U.S. tech group failed to extend its record-breaking rally. The company, which has more than doubled in value this year, forecast fourth-quarter revenue above analyst estimates on Monday, driven by rapid adoption of artificial intelligence that…