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…
Hong Kong’s once sprawling and diffuse network of state-backed research labs has undergone a surgical transformation – streamlined, repurposed and laser-focused on Beijing’s strategic technology ambitions. In a move emblematic of China’s broader overhaul of its national scientific apparatus, the city has dismantled underperforming labs, rebranded legacy institutions and launched three cutting-edge facilities dedicated to…
US stocks retreated from records as investors took profits after the Federal Reserve’s preferred measure of underlying inflation remained stubbornly high last month. The S&P 500 Index fell 0.7% at 11:10 a.m. in New York, slipping below the key 6,500 level. The gauge is still on track to notch four straight months of gains and…
For all of the handwringing about Nvidia Corp.’s sky-high market value pushing the stock into bubble territory, its revenue growth is keeping investors buying. While the chipmaker’s earnings this week weren’t the blowout Wall Street was hoping to see, they did show that its sales are still climbing faster than most of the technology universe….
Cambricon, a China-based semiconductor firm, posted record profit in the first half of the year, along with revenue that surged roughly 4,300%. The earnings, released late Tuesday, serve as an example of Nvidia’s growing local competition in China, as the government and market seek alternative chipmakers to gain traction in the region. Nvidia’s business in…
Big Tech’s massive artificial intelligence investments continued to fuel Nvidia’s (NVDA) rapidly growing data center business this quarter, but Wall Street is flagging the risk of a slowdown and what that means for the AI chipmaker. Nvidia said in its second quarter filing to the Securities and Exchange Commission that large-scale cloud service providers made…