The Explosive Growth of the Robo-Advisory Market: AI-Powered Investing Poised to Reach $470 Billion by 2029
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China has banned its top tech companies from purchasing Nvidia's latest AI chips, aiming to boost domestic chip development and tighten control over key AI hardware. This move intensifies the tech rivalry between the U.S. and China while challenging Nvidi...
Groq is an AI chip startup specializing in high-performance Language Processing Unit (LPU) chips and data center compute solutions. In 2025, Groq raised $750 million led by Disruptive at a $6.9 billion valuation. The company powers fast, efficient AI infe...
Alibaba, Tencent, Baidu, and JD.com have collectively raised over $5 billion in bonds this September to fuel their AI and digital infrastructure ambitions. Their combined AI capital expenditure for 2025 is projected to exceed $32 billion, positioning them...
The UK has dramatically increased the use of facial recognition, AI, and internet regulation to combat crime and enhance public safety. While authorities report successes in identifying offenders and preventing crimes, civil liberties groups warn these me...
Disney, Universal, and Warner Bros Discovery have sued Chinese AI startup MiniMax, accusing its Hailuo AI service of copyright infringement. The studios claim MiniMax used their iconic characters without permission to generate images and videos, ignoring...
China’s “AI Plus” strategy aims to embed AI across key sectors by 2027 with 70%+ smart device penetration, driving productivity and new industrial models. By 2035 it targets a fully intelligent economy and society, backed by AI innovation, infrastructure,...
Tesla is shifting its focus from electric vehicles to humanoid robots, centering on its Optimus robot project. Optimus, a human-sized AI-powered robot, aims to automate repetitive and dangerous tasks in factories and homes. Tesla plans mass production sta...
Samsung has signed a $16.5 billion deal to supply Tesla with custom AI chips, branded "AI6," for autonomous driving and AI platforms from 2025 to 2033. Manufactured in Samsung’s Texas fab, these cutting-edge chips will support Tesla’s future vehicles and...
Amazon Web Services has shut down its Shanghai AI research lab, joining other U.S. tech giants like Microsoft and IBM in scaling back China-based R&D amid rising geopolitical tensions. This move highlights a broader trend of American companies realloc...
BrightAI is an Infrastructure AIoT platform that revitalizes legacy critical infrastructure through autonomous monitoring, inspection, and closed-loop control using custom AI-powered sensors and devices. Trusted by major utilities, it deploys hundreds of...
The European Commission has issued clear guidelines to help AI providers comply with the EU’s AI Act, focusing on models with systemic risks. These guidelines clarify obligations like risk assessment, transparency, and cybersecurity, aiming to address ind...
China's Tsinghua University has unveiled Agent Hospital, the world’s first fully virtual hospital run entirely by AI agents. This breakthrough platform simulates real patient care across 21 medical specialties, offering massive potential for medical train...
Meta's Joel Kaplan announced the company will not sign the EU's voluntary AI Code of Practice, calling its guidelines an overreach that risks stifling AI innovation and deployment in Europe. Kaplan warned the Code's broad requirements create legal uncerta...
Netflix used generative AI for the first time in its original series The Eternaut to create VFX shots, significantly reducing costs and completing sequences 10 times faster, says co-CEO Ted Sarandos.
Chinese AI startup MiniMax has confidentially filed for a Hong Kong IPO, aiming to raise over $510 million and secure a valuation exceeding $4 billion. Backed by Alibaba and Tencent, MiniMax plans to list by the end of 2025, leveraging Hong Kong’s booming...
OpenAI researchers Jason Wei and Hyung Won Chung, key contributors to the o3 and Deep Research AI models, are joining Meta’s new Superintelligence Lab. Their expertise in reinforcement learning and reasoning will help advance Meta’s ambitious efforts to d...