Federal prosecutors charged two Chinese nationals and two US citizens with a scheme to ship hundreds of sophisticated chips made by Nvidia Corp. to China in violation of national security export restrictions. The men used a fake real estate business in Tampa, Florida, as a front to move the shipments through Malaysia and ultimately to…
By Rashika Singh and Rae Wee (Reuters) -Global technology shares rallied on Thursday after Nvidia‘s blow-out quarterly results signalled that demand for artificial intelligence hardware remains strong even as analysts caution the boom may be outpacing fundamentals. The chip bellwether’s stellar results tempered some concerns over a potential AI bubble, although questions lingered around the…
Meanwhile, Chinese companies are also accelerating their push in the sector, with major players including automotive brands such as BYD, Xiaomi and Chery. The 2025 Morgan Stanley Humanoid 100 list includes 35 Chinese companies, and among the 22 companies capable of full-system robot manufacturing, nine are from China, demonstrating strong competitive potential. Source link
From a Hangzhou startup to a global tech powerhouse, uncover the strategies that turned Alibaba into a multi-billion-dollar empire. Alibaba’s 2014 IPO was the largest in tech history, raising $25 billion on its first day. Since its founding in 1999 in Hangzhou, China, the company has grown from a small business-to-business marketplace to a global…
Nvidia’s third-quarter financial results on Wednesday surpassed analyst expectations, signaling that demand for its artificial intelligence chips remains robust amid investor concerns about an AI bubble. The chipmaker reported record revenue of $57 billion for the third quarter, up 22% from the previous quarter and up 62% from a year ago. Earnings per share were…
Target just became the latest retail giant to bet big on AI shopping. The company debuts its ChatGPT-powered app next week, letting customers build baskets, get product ideas, and complete purchases through natural conversation. It’s OpenAI’s boldest retail expansion yet, coming as the AI company races to capture billions in commerce revenue through its growing…
Jamie would meticulously schedule his days around finding time alone to watch porn and masturbate—often up to five times a day. The 32-year-old Michigan engineer, who did not want to use his real name due to privacy concerns, first watched porn at the impressionable age of 12, but never realized he had a problem until…
The Netherlands just backed down from its unprecedented takeover of Chinese-owned chipmaker Nexperia, suspending state intervention after two months of escalating trade tensions. The move ends a bitter dispute that threatened global automotive supply chains and sent car manufacturers scrambling for alternative chip sources. The Dutch government just blinked first in its high-stakes showdown with…
The U.S. stock market sank sharply in early trading, with investors increasingly skittish about the strength of the artificial intelligence boom. The S&P 500, which set a record high in late October, fell 78 points, or 1.2%, to 6,594 roughly an hour into Tuesday’s session. The Dow Jones Industrial Average and tech-heavy Nasdaq Composite dropped…
Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 3.4% in the afternoon session after concerns regarding lofty artificial intelligence valuations triggered a pullback in the technology sector. Nvidia slid ahead of its earnings report, dragging down fellow “Magnificent Seven” peers despite a major partnership announcement with Anthropic, as investors increasingly question the…