There have been reports highlighting companies reducing exposure or rethinking their strategy in China. Media such as The Wall Street Journal, Reuters and Forbes have documented companies cutting …
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China’s AI Future Looks Like a Long Road to Small Profit
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Vlad Savov recaps a deep dive report from Bloomberg Intelligence on …
Nvidia challenger Moore Threads jumps 425% in China debut
Moore Threads Technology Co., a leading Chinese artificial intelligence chipmaker, jumped 425% in its Shanghai trading debut after raising 8 billion yuan ($1.13 billion), marking the biggest first-day …
China’s Homegrown Nvidia Soars in Market Debut
That’s how far shares of Moore Threads rallied on its market debut on Friday. + The Chinese AI chip designer, founded by a former Nvidia executive, raised the equivalent of more than $1 …
Column: China and India import more thermal coal, but price gains may weigh
Thermal coal imports by Asia’s heavyweights China and India ticked higher in November, but the accompanying rise in prices may cap further gains in volumes. China, the world’s biggest coal importer, …
China pledges to boost imports, sign more trade deals in next five years
China will ramp up efforts to expand imports and develop balanced trade in the next five years, Commerce Minister Wang Wentao said in an interview with state news agency Xinhua on Friday.
‘China’s Nvidia’ Moore Threads Shares Surge Over 500% In Blockbuster Shanghai IPO
Shares of chipmaker Moore Threads Technology, dubbed China’s Nvidia (NASDAQ: NVDA), rose as much as 502% as it debuted in Shanghai on Friday.
China’s Xiaomi says returns from AI investments ‘far exceed expectations’
Lu said the Beijing-based company was pivoting to embodied AI after heavy investment in general AI over the past few quarters. The Beijing-based company’s efforts to apply AI in
Shedd & Badger’s Book Reveals China’s Global Espionage Campaign
Shedd and Badger reveal China’s technology theft in the book “The Great Heist,” exposing espionage, IP theft and its rise to global power.
China’s Nvidia-like AI chipmaker Moore Threads jumps ~500% after IPO debut
Beijing-based AI chipmaker Moore Threads Technology raised ~$1.13 billion (8 billion yuan) in its Shanghai STAR Market IPO, …
China has declared all crypto activity, including stablecoins, illegal
China’s central bank has shifted its attention from volatile crypto currencies like Bitcoin to stablecoins, warning that the tokens represent a deep threat to monetary sovereignty and financial order.
China chipmaker Moore Threads soars 502% after $1.1 billion IPO
Moore Threads Technology Co., a leading Chinese artificial intelligence chipmaker, surged in its Shanghai trading debut after raising 8 billion yuan ($1.13 billion) in the year’s second-largest …
Chinese AI chip maker Moore Threads makes strong debut after $1 billion IPO
Moore Threads, founded in 2020 by a former Nvidia executive, soared more than fourfold in its first day of trading on Friday after raising over $1 billion in its initial public offering.