Technology

Qualcomm Stock Jumps 10% on $4 Billion Amazon Custom Chip Deal

Qualcomm shares rose about 10% after unveiling a roughly $4 billion custom chip partnership with Amazon for AI data centers, challenging Nvidia's lead.

Dow Sheds 500 Points as Oil Nears $100 on Saudi Houthi Attacks

The Dow dropped about 500 points Wednesday as Houthi attacks on Saudi Arabia injured 73 and drove oil toward $100 a barrel.

Dow Slides 400 Points as US-Iran Strikes Push Oil to Six-Week High

The Dow slid roughly 400 points as renewed U.S.-Iran attacks pushed Brent crude to a six-week high, with energy shares leading a mixed Wall Street session.

GE Aerospace to Buy Castings Maker CPP for $11.75 Billion

GE Aerospace said on Tuesday it will acquire castings maker Consolidated Precision Products for $11.75 billion from Warburg Pincus and Berkshire Partners.

UK Bans Trade From Israeli West Bank Settlements, Drawing US and Israeli Criticism

Britain said on Tuesday it will ban goods from Israeli settlements in the occupied West Bank, drawing criticism from the US, Israel and some British MPs.

Chinese AI Pioneer SenseTime Collaborates with T&B Media Global (Thailand) to Boost Translucia’s Virtual World Infrastructure

T&B Media Global (Thailand) and SenseTime, the Chinese AI pioneer, have joined forces to enhance the infrastructure of Translucia, Thailand's inaugural virtual world. The...

China’s National Legislature Prioritizes Pooling of Quality Resources to Achieve Breakthroughs in Key Fields

China's national legislature recently held its annual session, during which President Xi Jinping recognized Shan Zenghai, chief engineer of Xuzhou Construction Machinery Group, who...

Guiyang aims to become China’s national computing power and algorithm supporting base

Guiyang, the capital city of Guizhou province in Southwest China, is positioning itself as a national computing power and algorithm supporting base. The city...

Industry Leaders Urged to Establish Research Institutes for Technological Innovations

During the ongoing two sessions, Yao Lijun, a member of the 14th National Committee of the Chinese People's Political Consultative Conference, called for more...

China Eyes Nuclear Power as Base Load Power Supply to Support Renewable Energy Development

A political adviser at this year's two sessions has called for nuclear power to play a more significant role in China's efforts to achieve...

China Criticizes US for Unreasonable Suppression of TikTok Amid Security Concerns

China has once again urged the United States to stop spreading false information about data security issues and unreasonably suppressing related companies. This comes...

China’s Smart Farming Technologies Revolutionize Agricultural Industry

China's agricultural industry is undergoing a transformation through the integration of cutting-edge technologies such as big data, cloud computing, and the internet with traditional...

Zhejiang Province Takes the Lead in Digital Village Construction and Agriculture Development

Zhejiang province is leading the way in the construction of digital villages and the development of digital agriculture and rural areas. The China Digital...

SenseTime Launches World’s Largest Open-Source AI Language Model, Intern 2.5

Chinese artificial intelligence pioneer, SenseTime, announced the launch of its latest invention on Tuesday - the Intern 2.5, which it claims to be the...

Huawei helps global telecom carriers achieve digital transformation with innovative technology

Huawei Technologies Co is making strides to help global telecom carriers accelerate their digital transformation with cutting-edge technologies. According to You Jiangtao, vice-president of...

China Plans $1.44 Billion Fund for Chip Development Following Vice-Premier Liu He’s Visit to IC Enterprises

The semiconductor market has become the stage for a growing rivalry between the world's two largest economies, as the US government aims to curb...

China’s Push for 5G and 6G Technology to Drive Economic Growth and Digital Transformation

According to industry experts, China's intensified push for the development of superfast wireless technology, including 5G and 6G, will provide new momentum for the...

Chinese Lawmakers and Advisers Push for Development of Semiconductor Industry

China's bid to become a world leader in chip manufacturing and navigate US restrictions has garnered attention from lawmakers and political advisers at this...

Metaverse frenzy cools as tech giants shift focus to AI-generated content

The hype surrounding the metaverse, a technology buzzword that promises a future where virtual and physical worlds are seamlessly connected, is beginning to wane...

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