Technology
SpaceX, under the leadership of Elon Musk, is enhancing its oversight of the global supply chain by instructing suppliers to exclude Chinese nationals and equipment produced in China from the manufacturing facilities that produce goods for the company, as reported.
Over 1,100 employees from leading artificial intelligence companies have endorsed a petition urging the US government to establish a framework aimed at “deliberately pacing” AI development. This initiative seeks to mitigate the risks associated with the rapid advancement of technology,
The Federal Communications Commission in the US announced on Tuesday its decision to prohibit the importation of foreign-made humanoid robots, a measure aimed at addressing concerns related to national security, particularly in relation to China. The decision may exert pressure
On Monday, social media platform X initiated the rollout of X Money, its digital payments and banking service, to Premium and Premium+ subscribers throughout the majority of the United States. The platform owned by Elon Musk has broadened its service
Nvidia is reportedly engaged in discussions to offer approximately $250 billion in financing guarantees for OpenAI, as part of a significant data center initiative, according to the source. The support from Nvidia would assist the ChatGPT developer in leasing a
DeepSeek has informed potential investors in its second fundraising round that it is pausing the deal for the time being, according to sources. This announcement comes just days after remarks, largely credited to founder Liang Wenfeng, regarding the competition between
For several months, Chinese chip manufacturer ChangXin Memory Technologies has been increasing prices for Huawei, one of the largest technology companies in the country. The chipmaker maintained its position when Huawei sought relief from the rising costs, according to sources.
The competition to lead in artificial intelligence is presenting a fresh financial hurdle for several of the largest technology firms globally. A study estimates that the combined off-balance-sheet, or “hidden”, debt of Alphabet, Microsoft, Amazon, Meta, and Oracle has surged
Chinese startup Moonshot AI has temporarily halted new subscriptions following a surge in demand for its recently launched Kimi K3 model, which has created a capacity bottleneck. This development occurs as the company pursues additional funding and gears up for
DeepSeek wants $74 bn cash before onshore IPO
Chinese AI startup DeepSeek is preparing to initiate a new fundraising round, targeting a valuation of approximately 500 billion yuan ahead of a possible initial public offering on the mainland, according to sources. The plan emerges shortly after the Hangzhou-based
