The Manus logo is displayed on a smartphone screen, with the Meta logo visible in the background. Cheng Xin | Getty Images News | Getty Images Manus said Tuesday it will “soon resume operating as an independent company,” after Chinese regulators in April demanded Meta unwind its $2 billion acquisition of the artificial intelligence startup….
BANGKOK (AP) — Shares were mixed in Asia, while oil prices gained more than 2% after jumping the day before due to uncertainty over when the Strait of Hormuz may reopen, getting the global flow of crude going again. U.S. futures edged lower. Oil prices rose after U.S. President Donald Trump scoffed at demands from…
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Earlier this week, Clément Delangue, the CEO of startup Hugging Face — which was recently on the receiving end of a rogue cyber attack by OpenAI’s models — made the somewhat controversial claim that China was winning the…
A Maersk container ship loaded with cargo containers sails out of port waters near the Kwai Tsing Container Terminals on March 19, 2026 in Hong Kong, China. Cheng Xin | Getty Images News | Getty Images China’s crude oil imports climbed to the highest level in three months in July, though the recovery may be…
BEIJING, CHINA – NOVEMBER 11: The national flag of China flies in front of the headquarters of the Ministry of Commerce on November 11, 2025, in Beijing, China. Cheng Xin | Getty Images News | Getty Images China unleashed its broadest package of trade countermeasures since last October’s truce, pushing back against a string of…
KARAK, Malaysia (AP) — Malaysian durian orchard owner Stephen Chow’s workers spend hours in the fields in the dead of night, donning headlamps to collect freshly ripened fruit coveted by Chinese consumers. But the hard work may not be enough to keep Chow out of the red. Durian lovers prize the Malaysian premium varieties such…
Some of America’s biggest technology companies are pushing Washington to make open artificial intelligence a national priority as China continues to build its lead in the space. Their message exposes a gap in U.S. policy: America has a chip strategy for AI. Now it needs an open-model strategy. Supporters say open models can lower costs,…
BRUSSELS (AP) — The European Union is offering 10 billion euros ($11.4 billion) in funding for firms to erect seven AI gigafactories as it seeks to close the AI gap with U.S. and China, the 27-nation bloc’s executive said on Thursday. The European Commission said it would like the public financing to draw an additional…
Google’s display at APEC Digital Weeks in Chengdu on July 23, 2026 did not focus on Gemini. Evelyn Cheng | CNBC BEIJING — The artificial intelligence race between the U.S. and China is heating up in the world’s largest continent: Asia. “The American strategy is to stop China from becoming the leading AI supplier for…
ASML‘s stock fell Tuesday after a report that China is mass-producing a critical tool that the Dutch tech giant has long held a monopoly over. The decline came amid a steep sell-off in global semiconductor stocks as investors continued to grapple with uncertainty about the sector. ASML was last trading down 1.8%, but the stock…