Chinese AI Euphoria Obscures a Gloomier Technological Reality
Bloomberg (Bloomberg) — Moore Threads Technology Co.’s phenomenal debut this month — China’s most successful coming-out party since…
Role reversal: Meta adopts Qwen as Chinese AI becomes industry foundation
When US tech giant Meta Platforms released its flagship Llama family of artificial intelligence models in February 2023,…
SoftBank Eyes Data Center Group Switch as Son Hunts for AI
Source: Switch Inc. (Bloomberg) — SoftBank Group Corp. is studying potential acquisitions including data center operator Switch Inc.,…
US Jobless Claims Jump by Most Since 2020 After Holiday Drop
(Bloomberg) — Applications for US unemployment benefits rose last week by the most since the onset of the…
Grid Tech Stocks Are Poised to Soar Even Further Amid AI Bubble Fears
Photographer: Angel Garcia/Bloomberg (Bloomberg) — While some corners of energy markets have looked pretty frothy of late, one segment…
This Startup With 60% Employees On The Autism Spectrum Beat Meta-Backed $14B Scale AI For $708 Million Pentagon AI Contract
Artificial intelligence company Enabled Intelligence, with a majority neurodiverse workforce, announced on Nov. 24 that it has secured…
Apple’s Johny Srouji could continue the company’s executive exodus, according to report
Apple’s Johny Srouji may be the latest company executive to seek greener pastures, according to a report from…
China’s central bank vows ‘strong breakwaters’ to shield from external shocks
Central bank governor Pan Gongsheng has stressed the importance of China maintaining a sound monetary system that remains…
Nvidia’s Huang Unsure Whether China Would Accept H200 Chips
Nvidia Corp. CEO Jensen Huang speaks to members of the media while arriving for a meeting on Capitol…
Silver Nears Record as US Payrolls Reinforce Fed Rate-Cut Bets
(Bloomberg) — Silver traded near a record high after US payroll data reinforced bets that the Federal Reserve…
Salesforce’s Stock Is Historically Cheap as AI Risk Takes a Toll
(Bloomberg) — Salesforce Inc. shares have never been cheaper, but investors still aren’t buying amid rising fears about…
Australia Economic Growth Misses Forecasts, RBA Bets Whipsaw
Runners jog along the boardwalk past the Sydney Harbor Bridge. (Bloomberg) — Australia’s economy grew at a surprisingly…