Apple’s best revenue growth in three years failed to impress, with shares down about 1% in volatile trading on Friday, as investors questioned whether a tariff-driven surge in iPhone sales would last. ARTICLE CONTINUES BELOW VIDEO A rush to buy iPhones ahead of potential U.S. tariff-driven price increases, along with China subsidies and upbeat demand […]
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The United States smartphone market grew just 1% in the second quarter as vendors front-loaded device inventories amid tariff concerns, while supply chain negotiations between China and the United States boosted shipments of Indian-made phones, research firm Canalys said on Monday. Why it’s important The imposition of U.S. tariffs has prompted smartphone makers to reorganize […]
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Nvidia placed orders for 300,000 H20 chipsets with contract manufacturer TSMC last week, two sources said, with one of them adding that strong Chinese demand had led the U.S. firm to change its mind about just relying on its existing stockpile. The Trump administration this month allowed Nvidia to resume sales of H20 graphics processing […]
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China’s Huawei Technologies showed off an AI computing system on Saturday that one industry expert has said rivals Nvidia’s most advanced offering, as the Chinese technology giant seeks to capture market share in the country’s growing artificial intelligence sector. The CloudMatrix 384 system made its first public debut at the World Artificial Intelligence Conference (WAIC), […]
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Chinese Premier Li Qiang proposed on Saturday establishing a world artificial intelligence cooperation organisation, calling on countries to coordinate development and security of the fast-evolving technology. Speaking at the opening of the annual World Artificial Intelligence Conference in Shanghai, Li called AI a new engine for growth but said governance is fragmented and emphasised the […]
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Demand in China has begun surging for a business that, in theory, shouldn’t exist: the repair of advanced Nvidia artificial intelligence chipsets that the U.S. has banned the export of to its trade and tech rival. Around a dozen boutique companies now offer repair services, according to two such firms in the tech hub of […]
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Stargate, a multi-billion-dollar effort by ChatGPT’s creator OpenAI, SoftBank and Oracle to supercharge the U.S.’ AI ambitions is now setting the more modest goal of building a small data center by the end of the year, likely in Ohio, the Wall Street Journal reported on Monday. In January, U.S. President Donald Trump hosted top tech […]
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Britain and ChatGPT maker OpenAI have signed a new strategic partnership to deepen collaboration on AI security research and explore investing in British AI infrastructure, such as data centres, the government said on Monday. “AI will be fundamental in driving the change we need to see across the country – whether that’s in fixing the […]
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Chinese artificial intelligence startup Moonshot AI released a new open-source AI model on Friday, joining a wave of similar releases from local rivals, as it seeks to reclaim its position in the competitive domestic market. The model, called Kimi K2, features enhanced coding capabilities and excels at general agent tasks and tool integration, allowing it […]
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The European Union’s landmark rules on artificial intelligence will be rolled out according to the legal timeline in the legislation, the European Commission said on Friday, dismissing calls from some companies and countries for a pause. Google owner Alphabet, Facebook owner Meta and other U.S. companies as well as European businesses such as Mistral and […]
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