News

Shailendra Singh. Lionel Ng | Bloomberg | Getty Images China will remain an important market for investors in the long term, even if other countries are now benefiting from investments flowing out of China amid escalating tensions with the U.S., according to Peak XV Partners, formerly Sequoia Capital India and Southeast Asia. “The China Plus

A driverless robotaxi autonomous vehicle developed by Baidu Apollo driving along a street in Beijing. Jade Gao | Afp | Getty Images SHANGHAI — Chinese tech company Baidu said Wednesday its Apollo Go robotaxi arm expects to turn profitable next year. The projection comes as Elon Musk has emphasized his plans to build up Tesla’s

Sam Altman (L), US entrepreneur, investor, programmer, and founder and CEO of artificial intelligence company OpenAI, and the company’s co-founder and chief scientist Ilya Sutskever, speak together at Tel Aviv University in Tel Aviv on June 5, 2023. Jack Guez | Afp | Getty Images OpenAI co-founder Ilya Sutskever said Tuesday that he’s leaving the

In this article BABA BABA Follow your favorite stocksCREATE FREE ACCOUNT Alibaba said it is working on a rival to ChatGPT, the artificial intelligence chatbot that has caused excitement across the world. Alibaba said its own product is currently undergoing internal testing. Kuang Da | Visual China Group | Getty Images Alibaba posted a beat

Sopa Images | Lightrocket | Getty Images Anthropic, the artificial intelligence startup backed by Amazon, said Monday it’s launching its generative AI assistant Claude in Europe on Tuesday. It will be available to individuals and businesses through the web and via an iPhone app. A paid subscription-based version of Anthropic’s Claude assistant, called Claude Pro,

In this article 9984.T-JP Follow your favorite stocksCREATE FREE ACCOUNT SoftBank’s Vision Fund, the brainchild of the company’s founder Masayoshi Son, has faced a number of headwinds including a slump in technology stocks as a result of rising interest rates, a tough China market and geopolitics. Kentaro Takahash | Bloomberg | Getty Images SoftBank posted

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook waves to journalists after his meeting with Indonesian President Joko Widodo at the Presidential Palace in Jakarta, Indonesia, April 17, 2024.  Willy Kurniawan | Reuters Apple took on Thursday the unusual step of apologizing for a short advertising video promoting the

BEIJING, CHINA – DECEMBER 04: A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images Semiconductor Manufacturing International Corporation on Friday warned of intense competition in the chip

Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Denis Balibouse | Reuters On Friday, advanced nuclear fission company Oklo, for which Sam Altman serves as chairman, started trading on the New York Stock Exchange. The company, which has yet to generate

Police confront environmental activists in a forest near the Tesla Gigafactory electric car factory on May 10, 2024 near Gruenheide, Germany. Axel Schmidt | Getty Images Climate protesters angry about Tesla’s plans to expand its Berlin-Brandenburg Gigafactory in Germany tried to break into the plant on Friday, according to a statement from local police. “Multiple

Tesla CEO Elon Musk Omar Marques | Getty Images A federal judge in California dismissed a lawsuit filed by Elon Musk’s X against Israel’s Bright Data, in a case that involved the scraping of public online data and its appropriate uses. X, formerly Twitter, sued Bright Data, alleging the company “scrapes data from X” and sells it “using

In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Brad Smith, vice chair and president of Microsoft, speaks at Gateway Technical College in Sturtevant, Wisconsin, on May 8, 2024. Alex Wroblewski | Bloomberg | Getty Images A House committee wants Microsoft‘s top lawyer, Brad Smith, to attend a hearing this month on exploits of

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California.  Apu Gomes | Getty Images Tesla is being accused of taking steps to

In this article SHOP SHOP-CA Follow your favorite stocksCREATE FREE ACCOUNT The corporate logo of e-commerce company Shopify hangs at the building that contains the offices of Shopify Commerce Germany GmbH on August 08, 2022 in Berlin, Germany.  Sean Gallup | Getty Images Shopify reported first-quarter earnings and sales on Wednesday that were ahead of

Elon Musk, CEO of Tesla and owner of social media site X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France, on June 16, 2023. Gonzalo Fuentes | Reuters The European Union is seeking information from social media platform X

Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, arrives at court in New York, US, on Thursday, Feb. 16, 2023. Yuki Iwamura | Bloomberg | Getty Images Almost all customers of collapsed cryptocurrency exchange FTX will get their money back — and more, according to a court filing. FTX estimates that it owes creditors around

Tesla vehicles sit on the lot at a Tesla dealership in Austin, Texas, on April 15, 2024. Brandon Bell | Getty Images The National Highway Traffic Safety Administration is pressing Tesla for answers about changes the company made to its Autopilot driver assistance system following a voluntary software recall in December that affected about 2

In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT An Apple store in Shanghai, China. Future Publishing | Future Publishing | Getty Images Apple has been developing chips to run artificial intelligence software in data centers, the Wall Street Journal reported Tuesday.  Project ACDC (Apple Chips in Data Center), which has been in the