New Deal Triples OpenAI Valuation to $80 Billion – NYT

The deal comes at a time when OpenAI chief Sam Altman is seeking between $5-7 trillion for an AI chip…

2 days ago

EU Vows to Stem ‘Unfair Competition’ With New China Subsidy Probe

EU’s antitrust regulators have open an investigation into a Chinese state-backed rail maker over its planned participation in a $657…

2 days ago

China’s Lunar New Year Spending Up 47%, Beats Pre-Covid Levels

While the tourism boom will offer some relief to Chinese policymakers, the sustainability of the boost remains uncertain as the…

3 days ago

Taiwan to Bring in Indian Migrant Workers Amid Labour Shortage

"The quality of Indian labour is stable, they are hard working and well considered," Taiwan's Ministry of Labour said

3 days ago

Japan Successfully Launches H3 Rocket a Year After Failure

The launch marks a second straight win for the Japan Aerospace Exploration Agency after its lunar lander, SLIM, achieved a "pinpoint" touchdown…

3 days ago

China Evergrande Liquidators May Sue Its Auditor PwC: Report

PricewaterhouseCoopers had been Evergrande’s auditor since 2009 — when the developer listed in Hong Kong — and resigned from that…

3 days ago

Russia Says Opposition Leader Navalny Dead in Prison – Reuters

Navalny was President Vladimir Putin's staunchest critic and had returned to Russia just three years ago after being treated for…

4 days ago

SoftBank’s Arm Continues Dream Run as Nvidia Reveals Stake

US-listed shares of the chip designer, seen as benefitting from investors' hunt for the "next Nvidia", have surged more than…

5 days ago

Nikkei, Hang Seng and Asian Stocks Enjoy Upbeat Mood

The Nikkei 225 was up 0.92% at the close in Tokyo on Friday, while the Hang Seng in Hong Kong…

5 days ago

Nvidia Chief Pans Sam Altman’s Trillion-Dollar AI Chip Plan

"If you just assume that computers never get any faster, you might come to the conclusion we need 14 different…

5 days ago

Google Set to Launch Satellite to Pinpoint Methane Emission Sites

Google is partnering with the Environmental Defense Fund, a non-profit, with a plan to launch a satellite next month that…

5 days ago

Red Sea Crisis Hurting Indian Exporters As Rivals Nab Business

Small exporters in India, many of whom work on small margins, have warned that job losses could soar if attacks…

5 days ago