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.,…
OpenAI goes from stock market savior to burden as AI risks mount
(Bloomberg) — Wall Street’s sentiment toward companies associated with artificial intelligence is shifting, and it’s all about two…
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…
SoftBank in Talks to Buy Data-Center Investor DigitalBridge
Photographer: Kiyoshi Ota/Bloomberg (Bloomberg) — SoftBank Group Corp. is in talks to acquire DigitalBridge Group Inc., a private…
AI Chipmaker Moore Threads Begins Trading After China’s Second-Biggest IPO
Source: CFOTO/Future Publishing/Getty Images (Bloomberg) — Moore Threads Technology Co., a leading Chinese artificial intelligence chipmaker, will begin…
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…
Treasuries Fall as New Corporate Debt Follows Japan Bond Selloff
(Bloomberg) — Treasuries fell as US trading returned to normal after last week’s holiday, with a surge of…