Kai-Fu Lee's brutal assessment: America is already losing the AI hardware war to China

China is on track to dominate consumer artificial intelligence applications and robotics manufacturing within years, but the United States will maintain its substantial lead in enterprise AI adoption [...]

SpaceX has reportedly filed for the biggest IPO in history

SpaceX has reportedly taken the step many onlookers have long expected: filing paperwork to hold an initial public offering (IPO) on the stock market and become a publicly traded company. Rumors had l [...]

Banks working on the SpaceX IPO reportedly have to subscribe to Grok

Cutthroat capitalism sure does bring out the best in humanity. Take, for example, Elon Musk. He reportedly set a condition for banks, law firms, auditors and advisors who want to work on the SpaceX IP [...]

US and China agree to one-year pause on punitive tariffs

Donald Trump and China’s leader, Xi Jinping, have agreed to a one-year pause on the punitive Trump-instated tariffs that are at the heart of the ongoing trade war between the two superpowers. Among [...]

NVIDIA can now sell its high-end AI chips to 'approved customers in China,' Trump says

NVIDIA is now allowed to sell its second-best H200 processors to China, rather than just the sanction-approved H20 model that China had previously declined to buy, President Trump wrote on Truth Socia [...]

Apple could roll out AI features for iPhones in China as early as May

Apple's artificial intelligence features for iPhones could be available in China as early as May, according to Bloomberg. The company reportedly established several teams in China and the US to m [...]

NVIDIA says it can resume selling key AI chips to China

NVIDIA will be able to start selling its H20 AI GPU to China again soon after gaining approval to do so from the US government, the company announced in a blog post. Earlier this year, the company was [...]

Baidu's in-house chip unit Kunlunxin joins wave of Chinese AI firms heading for Hong Kong IPO

Baidu's chip unit Kunlunxin has filed for a Hong Kong IPO, joining a wave of Chinese AI companies going public as the country pushes to build its own semiconductor industry.<br /> The artic [...]

Trump temporarily drops export controls to smooth negotiations with China

After previously saying that the US would block exports of key AI chips to China, Donald Trump's administration may have backtracked. The US will now temporarily block restriction on exports of c [...]