US President Donald Trump signed an executive order imposing a 15% tariff and minimum import prices on polysilicon to protect domestic manufacturers from Chinese competition.
Guangdong-based Victory Giant is negotiating new US orders and expanding AI chip component production, acquiring land in Huizhou for a 3 billion yuan smart manufacturing facility.
China's recent advancements in AI, chip manufacturing, and robotics are causing significant disruptions in US financial markets and creating divisions among US tech leaders and within the Trump administration regarding how to respond to the competitive threat, leading to actions like the FCC banning Chinese humanoid robots.
The U.S. and Saudi Arabia finalized a nuclear cooperation agreement, potentially allowing the kingdom to enrich uranium. The deal, signed by Energy Secretaries, faces congressional review and raises proliferation concerns among experts and lawmakers, especially given the lack of IAEA Additional Protocol.
The US and Saudi Arabia signed a "peaceful nuclear co-operation agreement" allowing Saudi Arabia to develop a civilian nuclear program, potentially including uranium enrichment. The deal, which will be reviewed by Congress, raises concerns among experts and some lawmakers about nuclear proliferation in the Middle East.
US President Donald Trump approved a 30-year agreement with Saudi Arabia for a civilian nuclear program, potentially allowing uranium enrichment with US firm involvement. Non-proliferation experts warn of weaponization risks, citing the Saudi Crown Prince's past statements.
China is reportedly considering restricting overseas access to its advanced AI models, including those not yet released. Meetings between authorities and AI labs like Alibaba and ByteDance signal a shift from the previous open-weight strategy, driven by national security concerns and a desire to prevent foreign access to proprietary technology.
US President Donald Trump announced that Lockheed Martin will establish a Patriot missile sustainment facility in Europe, following a NATO summit where US firms secured $3 billion in defense contracts.
China's LineShine supercomputer, powered by 45,000 LX2 CPUs and a custom network, tops the TOP500 list, surpassing the US's El Capitan despite trade restrictions limiting access to high-powered GPUs.
China has added 10 US firms, including MP Materials and USA Rare Earth, to its export control list and restricted 46 from government procurement. Analysts warn this escalation tests the fragile US-China truce, imposed in response to US actions against Chinese tech firms.
China has placed 10 US companies, including rare-earth firms and defense contractors, on an export control list and barred nearly 50 US companies from government procurement, in response to a US Pentagon blacklist of Chinese firms.
China has imposed export controls on 10 US defense and rare earths companies and banned government procurement of products from 46 other US firms, escalating economic tensions. This move is a direct response to the US expanding its blacklist of Chinese companies.
China retaliated against US blacklists by imposing export controls on 10 US companies in defense and rare earths, and banned public procurement from 46 more, including Lockheed Martin and Raytheon. The move aims to safeguard national security and counter US actions.
China has imposed export controls on 10 US defense and rare earths companies and banned government procurement of products from 46 US firms, escalating economic tensions. This move is a direct response to the US expanding its blacklist of Chinese companies.
Germany and France are collaborating on a Franco-German AI center to bolster European autonomy and national security, responding to US restrictions on AI model access. The initiative aims to foster homegrown AI capabilities and compete with global players.
Germany and France are collaborating on a Franco-German AI center to bolster European AI capabilities, driven by national security concerns and the need for economic autonomy. Mistral AI, a French company, is a key player, highlighting Europe's efforts to compete with global AI leaders.
Venezuela's interim government has signed a deal with General Electric Vernova to restore its power system. The move signals an opening to US investors, though critics note key institutions remain under party control. The deal aims to fix the nation's energy crisis, blamed on lack of investment and maintenance.
The US Department of Defense adds Alibaba, BYD, and 186 other Chinese firms to a list of companies with alleged ties to the Chinese military, citing national security risks, though inclusion does not imply immediate sanctions.
Chinese AI model DeepSeek is seeing increased adoption by US firms looking for cheaper alternatives to OpenAI and Anthropic, according to a report by Ramp. US companies are directly paying DeepSeek, indicating data exchange with China-hosted servers.
Chinese technology billionaire Chen Tianqiao’s artificial intelligence start-up MiroMind is suspending its services in mainland China, Hong Kong and Macau, in the latest sign that some of the country’s most globally ambitious firms are increasingly retreating from the domestic market as geopolitical tensions reshape the industry following the Manus saga. In an email sent to select users on Wednesday, the company said that its MiroThinker services would stop operating in regions including...
Partnership between top startup DeepL and Amazon comes amid concern about Silicon Valley’s monopoly over digital infrastructureAI companies in Europe risk losing their world-leading status in the field of machine translation, industry figures have said, after the decision by one of the continent’s leading startups to partner with Amazon’s cloud computing division provoked alarm.While businesses in the EU have generally lagged behind the US and China in AI adoption, a small group of European companies have cornered the global market for high-quality machine translations for professional use. Continue reading...
US companies boosted payrolls in April by the most in over a year, the latest evidence of stabilisation in the labour market. Private-sector payrolls rose 109,000 in April after a revised 61,000 advance in the prior month, according to ADP Research data out on Wednesday. The median estimate in a Bloomberg survey of economists called for a 120,000 increase. More than half of the hiring advance was due to health services and education. Trade, transport and utilities payrolls also increased....
Anthropic CEO Dario Amodei issued a stark warning to U.S. institutions, revealing their AI model Mythos uncovered tens of thousands of software vulnerabilities. He emphasized a critical, narrow window to patch these flaws before China's AI catches up, potentially leading to widespread breaches and financial damage.
Palantir CEO Alex Karp urges AI companies to abandon "AI slop" and focus on functional software services, citing the company's significant growth driven by demand for its platform. He contrasts Palantir's "actual results" rooted in data with low-quality AI content, emphasizing the platform's impact on essential infrastructure and the battlefield.
