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A Rhodium Group analysis shows China leads the US and other G7 nations in several key areas of AI development, despite lagging behind in chips. Reva Goujon, a director at the group and co-author of the report, discusses the findings on "Bloomberg: The China Show." (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts…
Shein is seeking a valuation of US$30 billion to $40 billion in a Hong Kong initial public offering (IPO) that the online fast-fashion retailer plans to launch as early as mid-August, three people…
Yet, its shares fell nearly 9% in extended trading, suggesting that investors were looking for an even stronger outlook after the stock more than doubled this year spurred on by AI optimism.
Potential divestments are said to include funds from global private equity managers EQT, TPG Asia and KKR
Silver price (XAG/USD) trades 1.8% higher at around $60.95 during the Asian trading session on Wednesday.
US Congressman Riley Moore criticized India's FCRA Amendment Bill, calling it an attack on Christians and a potential concern for US-India relations.
