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…
July 29 (UPI) — The United States announced a ban on imports of humanoid robots from China and other countries, citing “unacceptable risks” to national security and the safety of Americans. The advanced robots ban, including humanoid, four-legged robots and bipeds, was part of a Federal Communications Commission update on Tuesday to a list of…
Dutch giant ASML leads the world in producing lithography machines, but China is catching up – Alan Schaller China has achieved a breakthrough in developing technology crucial to the AI boom, overcoming US efforts to limit Beijing’s access to the systems. China’s chip giant Shanghai Yuliangsheng has started production of deep ultraviolet lithography machines, according…
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…
WASHINGTON, DC – JANUARY 21: OpenAI CEO Sam Altman appears during a news conference with U.S. President Donald Trump in the Roosevelt Room of the White House on January 21, 2025 in Washington, DC. Trump announced an investment in artificial intelligence (AI) infrastructure and took questions on a range of topics including his presidential pardons…
Add ThinkChina as a preferred source A humanoid robot by Robotera during the World Artificial Intelligence Conference (WAIC) in Shanghai on 18 July 2026. (Hector Retamal/AFP) When representatives of 29 governments signed the agreement establishing the World Artificial Intelligence Cooperation Organization (WAICO) in Shanghai on 16 July, the event marked a new stage in China’s…
CANADA – 2026/05/23: In this photo illustration, the CXMT (ChangXin Memory Technologies) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images ChangXin Memory Technologies’ massive listing is stoking fears that its market debut could pull cash from Chinese equities, as…
NEWYou can now listen to Fox News articles! President Donald Trump said Thursday that Chinese President Xi Jinping will visit the United States Sept. 24 with artificial intelligence (AI) expected to be a key topic during their talks. Trump made the announcement during remarks at the Environmental Protection Agency (EPA) Thursday afternoon while discussing his…
[The content of this article has been produced by our advertising partner.] For a growing number of Hong Kong millionaire respondents, the mainland Greater Bay Area (GBA) cities becoming part of later-life planning, from healthcare access and living space to retirement lifestyle. Yet many have not fully worked out the financial demands of maintaining a…