Tag: china
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China’s AI IPO wave fuels retail frenzy as investors anticipate more listings
A wave of artificial intelligence listings is attracting renewed investor interest, as Chinese AI firms seek fresh capital to fund growth despite many still operating at a loss.
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CNBC Daily Open: Oil heats up on Middle East tensions as Fed sees a ‘family fight’
Tensions in the Middle East are heating up again. U.S. forces hit Iran late Wednesday stateside, after Trump’s threat to give Tehran a “beating.”
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China threatens retaliation against U.S. humanoid robot ban, says it ‘severely damages’ relations
China’s Commerce Ministry said Thursday the U.S. Federal Communications Commission has repeatedly ignored Beijing’s restrained stance.
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Commentary: China memory giant CXMT’s US$10 billion IPO is a flop
An underpriced IPO has left CXMT handicapped right out of the gate, says Bloomberg Opinion’s Shuli Ren.
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The U.S. wants Asia to use its AI — but China dominates cheaper models
The world’s largest continent is becoming the center of the artificial intelligence race between the U.S. and China.
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BMW to cut up to 8,000 jobs
Nearly half of BMW’s German staff will receive a voluntary redundancy offer in the carmaker’s bid to reduce staff by about 8,000 people.
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Nike was once China’s sneaker king. Here’s why its sales have fallen 30%
China was once Nike’s fastest-growing region but the company has lost relevance among young consumers and ceded market share to smaller, domestic brands.
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China accuses US of suppression over humanoid robot ban
Beijing’s foreign ministry said it “firmly opposed” Tuesday’s move by the US Federal Communications Commission to add “advanced robotic devices” to the list of banned items on national security grounds.
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From robot dogs to AI doctors: Inside Hangzhou’s technology revolution
Hangzhou is increasingly being dubbed China’s new Silicon Valley. For entrepreneurs and tech talent alike, the city offers something many technology hubs struggle to balance: the infrastructure to build at speed, and the space to think creatively.
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‘PR problem’ is standing in the way of China’s humanoid robot boom, says Morgan Stanley
Its analysts have tempered optimism on the sector, writing that the robot industry faces several headwinds that could slow growth.
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