China’s sudden emergence as a global player in artificial intelligence, combined with Beijing’s easier hand of regulation, is drawing foreign investors back to Chinese equities.
Tag: China
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ANOTHER CHINESE DEVELOPER CLAIMS AN AI BREAKTHROUGH
Ant Group, the largest Chinese digital payments and financial services group, claims it has used Chinese-made chips to train a large language model AI at a cost 20 percent below that incurred by Western developers such as Anthropic, Google, and OpenAI.
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BOEING WINS CONTRACT TO DEVELOP THE NEXT-GENERATION U.S. FIGHTER, LIKELY RAMPING UP ARMS RACE WITH RUSSIA, CHINA
U.S. President Donald Trump announced Friday that his administration tapped Boeing to develop a sixth-generation fighter jet called the F-47 that will eventually replace the F-22 Raptor.
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TOP U.S. COLLEGE GRADS SEND THEIR RESUMES TO CHINA
New graduates from Harvard, Stanford, and other leading U.S. universities are applying for work at China’s Manycore AI company, Bloomberg reported.
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CHINESE CARMAKER UNVEILS FIVE-MINUTE EV CHARGER
Drivers skeptical of owning an electric vehicle (EV) often cite two concerns: the lack of enough public charging stations and the time it takes—up to an hour—to even partially recharge an EV’s battery pack.
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CHINESE ECONOMIC BRIEFS
Still struggling to revive the country’s consumer economy, Chinese officials have instructed banks to encourage households to borrow and to use their credit cards.
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U.S. READY FOR WAR WITH CHINA
Pete Hegseth, the former Fox News weekend host playing the role of U.S. Secretary of Defense, said the U.S. is prepared to go to war with China after Beijing made a thinly veiled threat that it was ready to face off with Washington on the battlefield.
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CHINA WILL INFUSE THREE MAJOR BANKS WITH $55 BILLION IN CASH
Following up on a broad stimulus commitment made last year to revive its torpid economy, China’s government plans to recapitalize three of its largest state-run banks in the months ahead, people familiar told Bloomberg.
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SPECIAL REPORT: CHINA’S AI SURGE
DeepSeek roiled the AI industry and financial markets last month with news of its world-class R1 model made on the cheap. The news set off a tsunami of Chinese investment and focus on the potential of domestic AI.
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CHINA’S TECHNOLOGY EXTENDS ITS GLOBAL REACH
China’s battery and electric vehicle (EV) companies have been forming collaborations with Western and other Asian countries, but two new deals signal another forward step in China’s worldwide technological advance.