By Richard D. Harroch and Dominique A. Harroch Apps have become an integral part of our lives, simplifying daily tasks and enhancing how we interact with technology. They address various needs, including communication, social networking, productivity, and entertainment. Whether on a smartphone, tablet, or computer, these tools provide convenient solutions for staying organized and connected….
China is running a different race. In China, by contrast, leader Xi Jinping has recently had little to say about AGI. Instead, he is pushing the country’s tech industry to be “strongly oriented toward applications”—building practical, low-cost tools that boost China’s efficiency and which can be marketed easily. The diverging visions represent a head-to-head bet…
US stocks can rise another 20% by the end of 2026, driven by the excitement around artificial intelligence, according to strategists at Evercore ISI. The S&P 500 is forecast to reach 7,750 points by the end of next year, with “a technological revolution lifting stocks, multiples and society to new heights,” Evercore ISI chief equity…
This article first appeared on GuruFocus. Alibaba (BABA, Financials) is testing a new artificial intelligence chip that could give Chinese firms more options as access to Nvidia hardware remains restricted, the Wall Street Journal reported Friday. The chip is built by a Chinese manufacturer and is more versatile than Alibaba’s earlier AI processor, which had…
Elon Musk’s artificial intelligence venture, xAI, has launched legal action against a former employee accused of stealing sensitive information about its Grok chatbot and passing it to rival OpenAI. Details of the lawsuit The lawsuit, filed on Thursday in a California federal court, claims that engineerXuechen Li misappropriated confidential data on “cutting-edge AI technologies with…
Aug 31, 2025 Markets face a critical four-day trading week following Friday’s volatility in technology stocks, which saw AI-related shares retreat despite the S&P 500 ($SPX) reaching new highs earlier in the week. According to a Yahoo Finance report, the selloff was triggered by concerns over China’s semiconductor ambitions, particularly reports that Alibaba is developing…
Geoffrey Hinton is a British-Canadian computer scientist often called the “godfather of AI” because of his revolutionary neural network models inspired by the structure of the human brain. His research brought about a paradigm shift that enabled today’s machine learning technology. He won the 2024 Nobel Prize in Physics with John J. Hopfield of Princeton…
Artificial intelligence programs like ChatGPT use AI to do thinking or writing or creating for you. Pretty amazing, but also a little terrifying. What happens to the people who used to do those jobs? Olivia Fair graduated four years ago. “I’ve applied to probably over a hundred jobs in the past, I don’t know, six…
In a move reflecting a cautious strategic direction, China has called for curbing “excessive investment” and “random competition” in the artificial intelligence sector, despite its classification as a key driver of national economic growth and a critical competitive field with the United States. Chang Kailin, a senior official at the National Development and Reform Commission…
Hong Kong does not lack scientific talent and has long excelled in academic research. But its market has been too small to grow its own tech industries. However, as China emerges as a science powerhouse, the city now has a chance to raise its game and join the big league. Fifteen facilities in Hong Kong…