Global stocks lost $1.3 trillion in value as the artificial intelligence trade reversed, hitting AI and semiconductor stocks including Micron Technology, SK Hynix, and Samsung Electronics. The Nasdaq …
Coronation Fund Managers, a South African firm overseeing roughly $47 billion in assets, has reduced its positions in TSMC and SK Hynix, redirecting capital toward Indian equities due to concerns that…
Meta plans to hire a senior executive from Amazon's cloud division as it accelerates its push into cloud computing with Meta Compute, a venture that monetizes excess AI computing capacity. The company…
Chinese President Xi Jinping made his first appearance at the World Artificial Intelligence Conference in Shanghai on July 17, praising China's low-cost AI breakthroughs and calling for an open intern…
Japan's Nikkei 225 plunged 5% in its steepest single-day decline in months as investors aggressively sold chipmaker and AI-related stocks, erasing weeks of gains. SoftBank Group fell nearly 7%, Tokyo …
Chinese President Xi Jinping has positioned China as a leader in the emerging global AI landscape, challenging the United States’ dominance, according to a report from Crypto Briefing. The move is par…
Chinese AI startup DeepSeek raised over $7.4 billion in its first external funding round, achieving a post-money valuation above $50 billion and becoming China's most valuable AI startup. Investors in…
Eoptolink Technology Inc., a Chinese optical transceiver maker supplying Google, Microsoft, and Amazon, has filed for a secondary listing on the Hong Kong Stock Exchange targeting up to $5 billion, wi…
Tata Electronics is building India's first commercial semiconductor fabrication plant, an $11 billion facility in Dholera, Gujarat, targeting mature process nodes between 28 nm and 110 nm for automoti…
Investor sentiment on China's technology hardware sector has fallen to its most bearish level since April 2022, with the STAR 50 Index dropping 16% from its June record high, according to a fear/greed…
Kioxia's market cap dropped roughly 50% from its June 2026 peak, erasing approximately 29.5 trillion yen ($181.7B), after the stock surged more than 600% year-to-date on AI memory demand. The decline …
Solana Foundation and Google Cloud are co-hosting a hackathon in Korea to build AI agents capable of autonomous payments, building on the launch of Pay.sh, an API proxy that lets AI agents pay for Goo…
Chinese President Xi Jinping is gaining global influence as low-cost AI models from Chinese labs like DeepSeek and Alibaba close the technology gap with US rivals, with DeepSeek's R1 and V3 models cos…
Chinese President Xi Jinping delivered his first-ever keynote at the World Artificial Intelligence Conference in Shanghai, emphasizing AI governance and international cooperation, while cryptocurrenci…
Investor sentiment on China's technology hardware sector has dropped to its most bearish reading in over four years, according to fund managers, as the STAR 50 Index's 62-64% surge in Q2 2026 fades am…
Beijing-based Moonshot AI on July 16 unveiled Kimi K3, the largest open-weight AI model with approximately 2.7 trillion parameters using a Mixture-of-Experts architecture, nearly doubling the 1.6 tril…
South Korea's semiconductor exports hit a record $37.16 billion in May 2026, up 169.4% year-over-year, driven by global AI chip demand, prompting the government to raise its 2026 GDP growth forecast t…
Amazon CEO Andy Jassy disclosed during the company's Q1 2026 earnings call that Amazon's custom AI silicon business has secured over $225 billion in multi-year revenue commitments, driven primarily by…
Microsoft's MDASH multi-agent AI system scored 88.45% on the CyberGym benchmark, surpassing Anthropic's Claude Mythos Preview (83.1%) and OpenAI's GPT-5.5 (81.8%) in vulnerability detection, and disco…
Google engineers are hitting capacity limits on internal AI coding tools as CEO Sundar Pichai revealed that 75% of new code at Google is now AI-generated, up from 50% six months prior and 25% in late …