Startups go public in litmus test for Chinese AIChinese AI startup Zhipu AI surged over 12% in its Hong Kong debut, raising $558 million ahead of rival MiniMax’s listing. But analysts sai...
China AI chip firm Biren raises $717 million in Hong Kong IPOBiren Technology has raised HK$5.58 billion ($716.85 million) in its Hong Kong initial public offering, according to an exchange filing on...
Chinese AI firm MiniMax, others launch Hong Kong IPOs in year-end rushHong Kong's stock market is experiencing a significant revival, fueled by AI and chip companies. Chinese AI startup MiniMax Group has spear...
Chinese AI stocks rise: Investors bet on Alibaba, Tencent, Metax, and Moore ThreadsGlobal investors are putting money into Chinese AI companies like Alibaba, Baidu, Tencent, MetaX, and Moore Threads. China is growing fast ...
Global investors turn to Chinese AI stocks amid Wall Street valuation concernsGlobal investors are increasingly shifting capital to Chinese AI stocks as stretched U.S. tech valuations raise bubble concerns. Strong pol...
US stock futures today show modest gains as Dow, S&P 500, Nasdaq turn green — top gainers and losers to watchU.S. stock futures edged higher early Wednesday after November payrolls topped estimates. Nasdaq, S&P 500, and Dow futures posted modest ga...
China bans foreign AI chips from state-funded data centresChina has ordered state-funded data centres to use only locally made AI chips, forcing those under 30% complete to remove foreign processor...
China spotlights major data centre project using domestic chipsChina Unicom has constructed a large data center utilizing domestically produced AI chips from Alibaba and other firms, aiming to reduce re...
Chinese AI firms form alliances to build domestic ecosystem amid US curbsChinese AI companies are forming alliances to build a domestic ecosystem and reduce reliance on foreign technology amid U.S. export restric...
Meta, X and LinkedIn appeal unprecedented VAT claim by ItalyU.S. tech giants Meta, X, and LinkedIn are appealing Italy's unprecedented VAT claim, potentially reshaping EU tax policy. Italian authorit...
Two Chinese chip firms plan $1.7 billion IPOs, bet US export curbs to spur growthBeijing-based Moore Threads plans to raise 8 billion yuan, while Shanghai-based MetaX seeks 3.9 billion yuan, according to their IPO prospe...
Brazil's Supreme Court justices agree to make social media companies liable for user contentA majority of Brazil's Supreme Court justices support holding social media firms like Meta, X, and Microsoft liable for illegal user posts....
Nerdboys, enough Meta-X-rated posingOn Sunday, though, the 'thinner' Zuck even called that off, posting on Threads: 'Elon won't confirm a date, then says he needs surgery, and...
The problem with X? Meta, Microsoft, hundreds more own trademarks to new Twitter nameMusk renamed social media network Twitter as X on Monday and unveiled a new logo for the social media platform, a stylized black-and-white ...
Meta, nonprofit end US lawsuit over infinity-logo trademarkMeta has described its logo as a "continuous loop" that resembles both the letter 'M' and an infinity sign to symbolize "infinite horizons ...
US ban on Nvidia, AMD chips seen boosting Chinese rivalsThe ban is part of a longer effort by the US government to crack down on U.S. contributions to Chinese artificial intelligence and high-per...
Meta hit with trademark lawsuit by virtual-reality company MetaXNew York-based MetaX told the court it had been "crushed" by Facebook's rebrand and said its "ability to operate as Meta has been eviscerat...