Pony AI said on Wednesday it was targeting a valuation of up to $4.55 billion in its upsized initial public offering in the United States, indicating strong demand for the Chinese robotaxi firm’s long …
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Elon Musk’s China Business Ties Spark Concerns Over U.S. Security
Elon Musk’s deep ties with China are becoming a growing concern as he prepares to take on a prominent role in a potential future U.S. administration under Donald Trump. The billionaire CEO of Tesla …
Japan says it will “closely watch” China’s military activity after Beijing admits spy plane violated airspace
China said the airspace violation occurred when the plane’s pilot took emergency measures due to turbulence, Japan’s Foreign Ministry said.
China suspends CBDC czar implicated in crypto corruption allegations
After extended investigations, Yao Qian, former director of the Science and Technology Supervision Department of the China Securities Regulatory Commission, was expelled from the party and removed …
Shanghai court says crypto ownership legal under China law amid bitcoin price surge
In an opinion on a recent lawsuit, a Shanghai judge wrote that cryptocurrencies have the attributes of property and thus holding it is legal.
China Reacts As Putin Approves Russia’s New Nuclear Weapons Doctrine
Nuclear powers should show more restraint, the Chinese government said on Wednesday in response to President Vladimir Putin ‘s approval of a new doctrine for the use of Russia’s sizable stockpile of …
U.S. Pacific Commander Recalls China’s Largest Invasion ‘Rehearsal’ in Career
Admiral Samuel Paparo, the head of the U.S. Indo-Pacific Command, said on Tuesday at the Brookings Institution in Washington, D.C., that he saw “the most rehearsal and the most joint exercises” from …
China’s Pony AI seeks up to $4.55 billion valuation in upsized US IPO
(Reuters) -Pony AI said on Wednesday it was targeting a valuation of up to $4.55 billion in its upsized initial public offering in the United States, indicating strong demand for the Chinese robotaxi firm’s long-sought…
China’s Ex-CBDC Chief Yao Qian Accused of Cryptocurrency Bribery, Faces Prosecution: Report
Yao Qian, former head of China’s digital currency development, faces prosecution for cryptocurrency bribery and misconduct.
Chinese robotaxi firm Pony AI seeks to raise up to $260 million in upsized US IPO
Chinese autonomous driving firm Pony AI said on Wednesday it was targeting to raise up to $260 million in its upsized initial public offering in the United States.
Trump sees China as the biggest AI threat. He has bipartisan support to win the race for powerful human-like AI.
A bipartisan commission recommends a ‘Manhattan Project’ for AI to outpace China in AGI. It aligns with Trump’s vision for US tech dominance.
Japan will watch China’s military after Beijing admits violating Japanese airspace
Japanese officials say they are closely watching to see if China keeps its promise to prevent further violations of Japan’s airspace after explaining that an incursion by a Chinese military aircraft …
Hennessy Workers Strike Over Plans to Bottle Cognac in China
Hennessy, owned by the French luxury giant Louis Vuitton Moët Hennessy, is exploring the move after China recently imposed steep financial penalties on European brandy imports, according to the Confédération Générale du Travail and Force…
