
Why China is going all-in to win its version of the AI race
China is accelerating spending, standards and model development to win a contest that prioritizes widespread adoption rather than dominance in frontier models.

China is accelerating spending, standards and model development to win a contest that prioritizes widespread adoption rather than dominance in frontier models.

Last month, the European Central Bank said that China has been dumping surplus goods on European markets at bargain prices for several years to the detriment of local producers.

China is entering what Jefferies describes as the "era of the private sector".

The past year has shown how a small set of powerful forces now shape the global economy, from the boom in artificial intelligence to renewed trade tensions and rising fiscal pressures.

Experts from Ledger's cybersecurity division have discovered an irrecoverable vulnerability in Android, which could cause investors to lose their cryptocurrencies.

The recent drop was due not so much to a change in fundamentals as to the washing out of excessive speculation, BCA strategists led by Artyom Sakhbiev said in a Thursday report.

The dollar index has been declining for the tenth day in a row, the longest series of declines since 1971. The reason lies in the sharp increase in traders' confidence in easing the Fed's policy.

The International Monetary Fund (IMF) has warned the Bank of Russia and the Central Banks of other countries about the dangers posed by stablecoins.

The eurozone economy grew by more than previously reported in the third quarter, likely keeping the European Central Bank on hold for the immediate future.

Bitcoin edged lower on Friday, with traders remaining focused on expectations of a US Federal Reserve rate cut and awaiting key inflation data.