China Tightens Rules on Data Centres, Mandates Use of Domestic AI Chips

China Tightens Rules on Data Centres, Mandates Use of Domestic AI Chips China Bans Foreign Chips in Data Centres

China mandates all state-funded data centres to use domestic AI chips, escalating its tech rivalry with the US. China Tightens Rules on Data Centres, Mandates Use of Domestic AI Chips. The Chinese government has introduced new regulations requiring all data centre projects that receive state funding to use only domestically manufactured artificial intelligence (AI) chips,…

Read More
Is Wall Street losing faith in AI?

Is Wall Street losing faith in AI?

young man standing in front of the projection reflected stock market | Image Credits:Getty Images A rough week for tech stocks might signal a loss of investor confidence in artificial intelligence. The Wall Street Journal reports that the Nasdaq Composite Index was down 3% — making this its worst week since President Donald Trump announced…

Read More
Nasdaq plunges as consumer sentiment nears historic lows, panic over AI spending mounts

Nasdaq plunges as consumer sentiment nears historic lows, panic over AI spending mounts

Stocks tumbled on Friday as consumer sentiment plunged near all-time lows and investors panicked over AI spending – hammering tech stocks in their worst week since April. The tech-heavy Nasdaq dropped 0.2% Friday, closing the week down 3% – its worst drop since the April launch of President Trump’s “Liberation Day” tariffs sparked a massive…

Read More