MiniMax has confidentially filed for an initial public offering in Hong Kong, according to people familiar with the matter, signaling the onset of a race among China’s generative AI startups to tap …
BUSINESS
Trump says he has deal on crypto bill after GOP hard-liners derailed measure earlier
A fter an earlier setback for the Trump administration when House Republicans failed to advance a key procedural vote on a package of legislation including three crypto measures, President Donald …
China posts better-than-expected Q2 growth in face of Trump tariffs
China reported a better-than-expected economic growth as the world’s second largest economy took advantage of a trade truce with the US amid President Donald Trump’s tariff offensive.
Beneath China’s resilient economy, a life of pay cuts and side hustles
Chinese state firm employee Zhang Jinming makes up for a 24% cut to his salary by delivering food for three hours every night after work and on weekends – and hopes he can avoid awkward…
China’s DeepSeek AI Predicts the Price of XRP, Solana and Cardano by the End of 2025
China’s advanced language model AI chatbot DeepSeek predicts several altcoins will hit new high price watermarks by New Year.
Howard Lutnick says easing of Nvidia’s AI chip exports linked to China deal
President Donald Trump curbed sales of Nvidia’s H2O artificial intelligence chips to China in April as part of an escalation of his trade war with Beijing. But the leading AI chips group said on …
House GOP hard-liners defy Trump, Speaker Johnson by crippling crypto measures
In a crippling setback for the Trump administration, House Republicans failed to advance a key procedural vote on a package of legislation including three crypto measures — a top priority for …
White House AI czar says US must outcompete China in technology innovation
White House AI and crypto czar David Sacks was speaking in Pittsburgh as part of a panel discussion titled “The AI Race and How to Win It.” …
Howard Lutnick says he’s fine with Nvidia selling its ‘fourth best’ AI chips to China
Nvidia announced it has received the OK to resume selling its pared down H20 chip in China.
Nasdaq reacts to a major breakthrough in trade with China
Good, the Nasdaq is reacting to what can only be considered a major breakthrough in trade with China. Nvidia’s chips will be like the US dollar, it is the reserve currency of technology and it…
China Adds Export Controls to Protect EV Battery Technology
The new restrictions will limit exports of technologies crucial for producing EV batteries and processing their raw materials.
China tightens export curbs on some battery technologies
It added restrictions on technology involved in lithium mining and refining. Read more at straitstimes.com. Read more at straitstimes.com.
Nvidia stock jumps after the AI titan says it can sell some of its top chips to China again
Nvidia stock spiked on Tuesday. The AI chip titan said it had received assurances from the administration that it can resume sales of key AI chips to China.
