Business

China Orders State Firms to Speed AI Rollout Across Manufacturing

China's SASAC directed central state-owned enterprises to accelerate AI adoption across manufacturing, from R&D to production and management.

China Tests Star-Based Navigation for Its 2030 Jupiter Mission

Chinese researchers tested stellar aberration navigation aboard the Tianhui-7 satellite in January, fixing its position to within 5km ahead of a 2030 Jupit

Hong Kong Cuts Subsidised Physiotherapy Places by a Third for 2027-28

Hong Kong's Education Bureau cut subsidised physiotherapy places by about a third for 2027-28 as graduates face a tightening job market

China Sets 2030 Target for Public Cultural Services in 15th Five-Year Plan

China's Ministry of Culture and Tourism issued a 15th Five-Year Plan for public cultural services, setting 2030 targets and 18 key engineering projects.

China Unveils Publishing Industry Plan for 2026–2030 With 33 Major Projects

China's National Press and Publication Administration has issued a publishing industry plan through 2030, listing eight priority areas and 33 major project

Geely Launches $19,170 Galaxy TT EV With 800-Volt Fast Charging

Geely's Galaxy TT electric sedan launched Sept. 10 at about $19,170, with 800-volt charging and 640 km range — undercutting the cheapest new US EVs.

OpenAI Rules Out 2026 IPO as Altman Cites AI Safety Concerns

OpenAI will not go public in 2026, CEO Sam Altman said in a Fortune interview, citing artificial intelligence safety concerns.

SoundHound AI Down 71% From October Intraday High

SoundHound AI shares have fallen nearly 71% from their October high, while the company recently completed its LivePerson acquisition.

Anthropic CEO Amodei Calls for AI Slowdown, Commits to Outside Monitors

Anthropic chief Dario Amodei urged the AI industry to slow down on Saturday, committing his firm to third-party safety monitors as rivals voiced support.

Micron Offers Taiwan Staff Up to 68 Months’ Pay as Strike Looms

Micron told employees on September 11 its Taiwan workers could receive up to 68 months of pay, its largest-ever reward, as a strike threat loomed.

Oil Falls Below $100 as U.S. Diesel Hits Fresh $6 Record

U.S. crude slipped below $100 a barrel on Friday after weekly gains, while diesel passed $6 for the first time, setting a fresh record.

US Diesel Hits Record $6.06 a Gallon as Iran War Squeezes Supply

U.S. diesel prices reached a record $6.06 per gallon on September 11 as the Iran and Ukraine wars tightened fuel supply and raised transport costs.

Oracle Jumps 6% After 30% Revenue Growth on AI Cloud Demand

Oracle shares rose about 6% after reporting 30% revenue growth, with cloud infrastructure revenue up 121% on AI demand.

Anthropic Accuses DeepSeek, Moonshot of Secretly Routing Users to Claude

Anthropic said on Thursday that DeepSeek and Moonshot AI covertly routed user requests to its Claude models and used Claude data to train rival systems.

Carriers Roll Out Deals to Cut Apple’s $1,999 Foldable iPhone Price

T-Mobile, AT&T and Verizon are offering trade-in credits and installment plans to lower the $1,999 cost of Apple's new foldable iPhone Duo.

Enflame Soars 188% in Shanghai Debut, Tapping China’s AI Chip Fever

Nvidia rival Enflame surged as much as 188% on its Shanghai debut Friday, valuing the Tencent-backed AI chipmaker at 176.4 billion yuan.

OpenAI Unveils ChatGPT for Financial Services, Targeting Junior Banker Tasks

OpenAI released ChatGPT for Financial Services on September 10, built on GPT-6 Astra and aimed at junior banker research, modeling and pitchbook tasks.

Ford Unveils $1 Billion Paint Shop at Kentucky Truck Plant After DOT Criticism

Ford will invest $1 billion in a new paint shop at its Kentucky Truck Plant, its largest US factory, following criticism from the Department of Transportat

Adobe Beats Q3 Estimates but Soft Q4 Guidance Drags Shares Lower

Adobe topped third-quarter revenue and earnings forecasts on Thursday, but weaker fourth-quarter sales guidance pushed shares lower in after-hours trading.

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