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Business

Nvidia's $5 Billion Investment in Intel Inspires Optimism

By taking a stake in the struggling chipmaker Nvidia is ...

DeepSeek's Hit AI Model Cost Much Less to Train than ...

DeepSeek's market-shaking R1 AI model released in January cost only ...

Smart Weapons Demand Enriches Small Defense Firms

Makers of drones and unmanned vehicles have gained 34% in ...

August Housing Starts Near 2-1/2-Year Lows

A glut of unsold new homes has discouraged homebuilders from ...

Major China AI Data Center Built Without Nividia Chips

A new $390 million data center in Qinghai province uses ...

AI to Transform Global Trade Says WTO Report

By improving logistical efficiency AI is expected to power a ...

FedEx Hit Hard by Tariffs on Small Packages

Ending the de minimis exemption for small packages from China ...

Strong Baht Threatens Thai Tourism, Exports

The Thai currency's surge to a four-year high against the ...

Meta Launches Ray-Ban Display AR Smart Glasses

Mark Zuckerberg introduced the Meta Ray-Ban Display as a big ...

Nelson Yang Turns Bananas into Textile

A Taiwanese entrepreneur is working on a farm-to-material concept in ...

Huawei Plans World's Most Powerful Computing Nodes

The Chinese electronics giant will use its Ascend chips to ...

Panasonic to Debut Hi-Capacity Anode-Free EV Battery

The battery supplier for Tesla EVs is among several companies ...

China Blocks Nvidia AI Chip Purchases

China has gone beyond warnings to actually order ByteDance and ...

Retail Sales Rise on Higher Prices Due to Tariffs

A weakening job market hasn't prevented US consumers from spending ...

Meta Debuts AR Smart Glasses with Display

Meta gambles on a pricey $800 product in a bid ...

Nvidia Debuts RTX6000D to Weak China Demand

An AI GPU designed specifically for the China market is ...

Battery Shortage Cuts New Nissan Leaf Production

Lower than expected battery yields by a Nissan affiliate has ...

Slipping FICO Scores Hint at Consumer Stress

The FICO scores of over 4% of Americans slipped into ...

Figure AI Robotics Startup Valued at $39 Billion

Figure's humanoid robots will be working on the company's assembly ...

August Manufacturing Rebounds Slightly on Strong Car Production

A 2.6% rise in auto production came as a surprise ...

TikTok Consortium Includes Oracle, Silver Lake

TikTok will be controlled by a new corporate entity 80% ...

China Seeks to Boost Consumption, Foreign Visitors

Faced with a slump in goods exports China seeks to ...

Japan Exports Down As Carmakers Struggle with Tariffs

The export powerhouse is suffering the effects of its huge ...

TikTok Deal Reached, Setting Stage for Talks

China's ByteDance has agreed to sell its US TikTok operations ...

Why Russian Wheat is Being Bartered for Chinese Cars

Chinese banks's desire to avoid secondary sanctions is fueling the ...

Oracle Leads Consortium to Buy TikTok's US Operations

A framework deal reached Monday calls for Oracle to lead ...

China Says Nvidia Violated Anti-Monopoly Law

In a tit-for-tat move China's market regulator's preliminary investigation, if ...

Growth Slowed for China Factory Output, Retail Sales

Both industrial output and retail sales grew in August but ...

China Struggles to Tame Involution Blight

Hyper-competition among domestic companies in sectors like EVs, solar panels ...

OpenAI to Cut Microsoft's Share of Revenues by 60%

By cutting the revenues it shares with commercial partners by ...

xAI Lays Off Hundreds of Generalist AI Tutors

The move is prelude to a tenfold increase in the ...

FTC Probes Google, Amazon for Possibly Misleading Advertisers

Search ads sold by Google and Amazon are suspected by ...

US Consumer Sentiment Slips Again in September

Concerns about rising inflation due to tariffs weigh heavily on ...

US Launches Pilot Program to Speed Air Taxi Deployment

The FAA program will include at least five partnerships between ...

Global EV Sales Growth Slowed in August

A big dip in China's August EV sales was partially ...

Hyundai Battery Plant Startup Set Back 2-3 Months by ICE ...

Completion of construction on the Hyundai-LG Chem Georgia EV battery ...

Consumer Inflation, Jobless Rate Heat Up

Americans are facing broad-based inflation while a tight job market ...

Oracle Revives AI Blue Sky for Investors

The surge in demand for AI cloud services is pumping ...

Quantum Computing Race Leaders Analyzed

Among tech giants and dozens of startups that have entered ...

China EV Tech Changes Global Auto Design, Pricing

As China wins recognition as a global leader in EV ...

Amazon Developing AR Glasses to Rival Meta's

Augmented reality glasses featuring microphones, speakers, camera and full-color display ...

US Loses Billions of Dollars of Soybean Sales to China

Trump tariffs have caused US soybean farmers to lose tens ...

PsiQuantum Attains $7 Billion Valuation, Nvidia Tie-Up

The global leader in photonic quantum computing hopes to accelerate ...

How Can Tesla Hit $8.5 Trillion Valuation?

A fantastic amount of hope and hype over robotaxis and ...

Market Impact of Massive Downgrade in Job Creation

A 911,000 downward revision of jobs created through March is ...

Microsoft Signs $19.4 Billion Deal with Nebius

Desperate for more capacity to deliver AI services Microsoft signed ...

Europe's AI Prospects Improve with ASML Stake in France's Mistral

The $1.5 billion investment by the Dutch leader in cutting-edge ...

US Small Businesses Constrained by Lack of Quality Labor

Trump's deportation push has created an acute shortage of quality ...

Hongqi to Launch 15 Luxury EVs in Europe by 2028

The Chinese state-owned carmaker plans to open 200 dealership across ...

Boeing Deliveries Surge Past 2024 Levels

Boeing deliveries of 385 jets by August 31 surpassed full-year ...