From steel mills to display panel factories, Chinese companies are rapidly integrating artificial intelligence (AI) into traditional industries, marking a major shift toward intelligent, digital manufacturing. Leading the transformation is Shougang Group, one of China’s largest steelmakers, which has deployed an AI-powered visual system that boosted production efficiency by over 20% and cut defects by…
China is ready to cooperate with France in industries such as nuclear power, aviation, artificial intelligence, green energy and biotechnology, Foreign Minister Wang Yi said. Wang’s comments in Paris capped a European visit that also took him to Brussels and Berlin. During his trip, China announced anti-dumping duties on European brandy while exempting major cognac…
Billionaire Mark Cuban has predicted that the world’s first trillionaire will be an entrepreneur who develops a successful artificial intelligence (AI) innovation. During an appearance on the “High Performance” podcast, Cuban made this prediction. While not naming a specific individual, the former “Shark Tank” judge suggested this future trillionaire could even be “one dude in…
Nvidia’s share price has rebounded sharply from its April lows, recording an over 60% rally to record high levels above $158 mark for the first time earlier this week. For the year, the chipmaker has gained 28% and is up 17% on a year-to-date basis. This sharp rally has pushed Nvidia to reclaim the title…
A local health department in Memphis has granted Elon Musk’s xAI data center an air permit to continue operating the gas turbines that power the company’s Grok chatbot. The permit comes amid widespread community opposition and a looming lawsuit alleging the company violated the Clean Air Act. The Shelby County Health Department released its air…
While AI tools are transforming healthcare, human doctors remain essential for empathy, judgment, … More and hands-on care getty In just a few short years, artificial intelligence (AI) tools like ChatGPT have gone mainstream. Today, AI writes emails, plans vacations and even helps predict stock market trends. AI in healthcare can answer complex medical questions,…
Elon Musk announced his new company xAI, which he says has the goal to understand the true nature of the universe. Jaap Arriens | Nurphoto | Getty Images XAI, the artificial intelligence startup run by Elon Musk, raised a combined $10 billion in debt and equity, Morgan Stanley said. Half of that sum was clinched…
getty A retirement side gig can emerge from boredom, isolation, or simply the desire to earn some extra spending cash. No matter the reason, it’s clear that senior side hustles will only grow as more baby boomers enter the retirement ranks. A 2024 study showed that retirement side gigs generate nearly $6 billion in revenues…
Investors on the mainland showed a strong appetite for Hong Kong stocks in the first half of 2025 via the southbound channel of the Stock Connect programme, putting purchases on track to reach a record that was set last year. Mainland buying of Hong Kong stocks reached HK$731.2 billion (US$93 billion) in the first half…
China is making strides in semiconductor production deemed crucial for artificial intelligence despite US export controls and diffusion rules, a new report suggests. Recent semiconductor analysis focusing on China says since the start of the year, Beijing has taken inventory of and redistributed some of its semiconductor production tools acquired in recent years, and in…