China’s export earnings have reached roughly $500m an hour, according to a Bloomberg calculation based on the latest customs data, with AI-related goods accounting for about half of the year-on-year [...]
Meta said on Friday that it's investing $600 billion in US infrastructure and jobs by 2028. Although the announcement is light on specifics (and heavy on standard Big Tech self-congratulation), i [...]
Chai Discovery’s $400m raise triples its value to $3.8bn in seven months. It is the latest sign that AI drug discovery has moved from promise to deployment. AI drug discovery just minted another fas [...]
New energy vehicles took a record 65.1% of Chinese passenger car sales in July, but NEV volumes fell about 2% year on year, a seventh straight monthly decline, while the total market dropped 18%. Geel [...]