Latest in U.S. to Curb AI Investment in China Soon
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U.S. to Curb AI Investment in China Soon
Some technologies and financial commitments will be blocked, based on President Biden’s 2023 executive order to keep American expertise from helping the Chinese military.Business - Inc. - October 22 -
The New Investment Superpower Outflanking China and the U.S. in Africa
The tiny United Arab Emirates has invested billions in east Africa, where it is now emerging as a significant player, at times muscling out China and annoying the U.S.World - The Wall Street Journal - November 6 -
OpenAI to present plans for U.S. AI strategy and an alliance to compete with China
OpenAI's official blueprint for U.S. AI infrastructure involves AI economic zones and government projects funded by private investors, according to a document.Business - CNBC - November 13 -
Tech giants are investing in 'sovereign AI' to help Europe cut its dependence on the U.S.
Tech giants are investing in the development of "sovereign" AI models in Europe to reduce the region's dependence on largely U.S.-controlled infrastructure.Business - CNBC - November 14 -
U.S. Factory Towns Laid Low by the ‘China Shock’ Are Benefiting From New Investments
Communities that suffered the worst of plant closings in recent decades are now gaining an outsize share of fresh investment and new jobs.Business - The New York Times - November 1 -
Under Trump or Harris, U.S. Asylum Curbs Are Likely to Endure
As administrations of both parties have failed to overhaul the nation’s immigration laws, a reckoning for the asylum system, which some say is overdue, seems inevitable.Top stories - The New York Times - October 28 -
Google curbs politics discussion among employees on U.S. Election Day
During Election Day, employees tried flooding popular internal message board with election-related memes despite warnings by company executives.Business - CNBC - November 6 -
Forget the Nanny, Check the Chatbot. AI May Soon Help With Parenting
The AI revolution means new startups can address some unexpected markets, like easing the challenges of caring for kids.Business - Inc. - November 8 -
Biden announces $3 billion investment in U.S. ports
President Biden announced a $3 billion investment to reinvigorate ports across the U.S. Mr. Biden spoke from the Port of Baltimore, not far from the site of the Francis Scott Key Bridge collapse.Top stories - CBS News - October 29 -
How Arm could be the unexpected winner of the AI investment boom
Shares in the British chip designer, which is controlled by SoftBank, have trebled in price over the past year. But its ambitions go much furtherBusiness - Financial Times - October 30 -
Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimatesTech - ABC News - October 31 -
The show’s not over: 2024 sees big boost to AI investment
AI investment continues to show resiliency, driving deal volumes to 1,245 in Q3, 24, a level not seen since Q1, 22.Tech - VentureBeat - November 1 -
Alibaba’s stock turns lower as investments to meet AI demand hurt profitability
Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.Business - MarketWatch - 6 days ago -
AI is changing our money and investing habits — and it’s just the beginning
Financial markets will need much stronger firewalls if regulators hope to control AI’s impact.Business - MarketWatch - 5 days ago -
AI Investments Are Booming, but Venture-Firm Profits Are at a Historic Low
Investors hope the Trump administration will make tech acquisition deals easier.Tech - The Wall Street Journal - 3 days ago -
A US Ban on Investing in Chinese AI Startups Could Escalate Under Trump
The Biden administration narrowed in on Chinese companies developing frontier AI models, but Donald Trump could take a much broader approach.Tech - Wired - 3 days ago -
What is and isn’t concerning about China’s AI surprise
If we can avoid policy missteps at this critical moment, the AI race is ours to win.Politics - The Hill - November 14 -
China’s solar stranglehold and Taiwan’s AI aims
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial TimesWorld - Financial Times - 9 hours ago -
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US cements rule to limit high-tech investments to China
The Treasury Department cemented a final rule on Monday that limits those in the United States from investing in certain technologies to China that could bolster the nation's military and threaten ...Politics - The Hill - October 28 -
Australia to invest $12bn in missile manufacturing amid China’s rise
Canberra has prioritised domestic capabilities in defence strategy overhaul to meet ‘missile age’World - Financial Times - October 30 -
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This Research Firm Explains How AI Agents May Change Everyone’s Jobs, and Soon
The next generation of AI agents could take on more complicated tasks and require little oversight, according to research and consulting firm Gartner.Business - Inc. - October 29 -
Biden to unveil $3 billion investment in U.S. ports in Baltimore
President Biden will announce initiative to modernize ports across the U.S. and improve working conditions for dockworkers.Top stories - CBS News - October 29 -
Healthy Returns: AstraZeneca expands U.S. investment plan on confidence in economy
AstraZeneca said it is doubling down on its investment in its U.S. business. Meanwhile, General Catalyst has agreed to purchase Summa Health for $485 million.Business - CNBC - November 13 -
China consumer slowdown weighs on U.S. earnings again
From Apple to Starbucks, U.S. consumer brands are reporting yet another quarter of China sales declines.Business - CNBC - November 5 -
How China Capitalized on U.S. Indifference in Latin America
Xi Jinping’s visit for summits and the inauguration of a port illustrates what some have called China’s economic marginalization of the U.S. in the region.World - The Wall Street Journal - November 14 -
Meta’s Llama Used to Develop AI Model for China’s Military
Researchers connected to the People’s Liberation Army created a chatbot model based on Meta’s Large-Language Model AI.Business - Inc. - November 1 -
TSMC to close door on producing advanced AI chips for China from Monday
World’s biggest contract chipmaker acts to ensure it is in line with US restrictions on Chinese access to latest processorsWorld - Financial Times - November 8 -
China's Alibaba releases AI search tool for small businesses in Europe and the Americas
Chinese e-commerce giant Alibaba unveiled an artificial intelligence-powered search engine for small businesses in Europe and the Americas to source supplies.Business - CNBC - November 12 -
Thanks to AI, Apple's China problem is only getting worse
As artificial intelligence reshapes the technological landscape, America's leading tech companies face a choice between their values and their profits.Politics - The Hill - 5 days ago -
China’s Baidu joins Meta in race to make AI-integrated smart glasses
Launch comes as Chinese internet groups jostle for dominance in hardwareBusiness - Financial Times - November 13 -
US ahead in AI innovation, easily surpassing China in Stanford's new ranking
The U.S. leads the world in developing artificial intelligence technology, surpassing China in research and other important measures of AI innovation, according to a newly released Stanford ...Tech - ABC News - 1 hour ago -
Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%
Amazon CEO Andy Jassy reassured shareholders that the company expects to make money on its generative AI investments.Business - CNBC - November 1 -
It's 'liquidity, stupid': VCs say tech investing is tough amid IPO lull and 'nuts' AI hype
Venture capitalists at Web Summit say the hunt for liquidity is getting harder, despite "nuts" funding rounds for AI firms like OpenAI.Business - CNBC - November 14 -
Jane Street invested in start-up turning China’s noodle shop sales into securities
Micro Connect has amassed wealth of real-time data on China’s economy by financing small businesses in exchange for revenuesWorld - Financial Times - 6 days ago -
Chinese, U.S. Leaders Agree AI Cannot Control Nuclear Arms
Human beings need to make decisions over the use of nuclear weapons, Biden and Xi suggest.Business - Inc. - 3 days ago
