Shanghai conference sets stage for US-China face-off in heated race for AI supremacy

Shanghai conference sets stage for US-China face-off in heated race for AI supremacy

Shanghai will host its eighth annual flagship artificial intelligence (AI) conference this weekend as China ramps up competition against the US for supremacy in the fast-developing technology. The three-day World Artificial Intelligence Conference (WAIC), with the theme of “Global Solidarity in the AI Era”, will kick off on Saturday with an opening keynote from Premier…

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Tesla stock dips as second-quarter earnings reduce investor confidence

Tesla stock dips as second-quarter earnings reduce investor confidence

Tesla shares tumbled Thursday after its latest earning results knocked the wind out of investors’ confidence in Elon Musk’s electric vehicle maker. The company has been facing intense competition, cooling consumer interest and a reduction of the government incentives that made buying EVs more affordable. Musk, the chief executive, broadcast that the tough times could…

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