Musk’s xAI Seeks $200 Billion Valuation in New Funding, FT Says
XAI Holdings, Elon Musk’s artificial intelligence and social media company, is in the early stages of a funding round that could value the business...
US senators warn Nvidia CEO about upcoming China trip
A bipartisan pair of U.S. senators sent a letter to Nvidia CEO Jensen Huang on Friday about an upcoming trip to China, warning the...
China's Moonshot AI releases open-source model to reclaim market position
Chinese artificial intelligence startup Moonshot AI released a new open-source AI model on Friday, joining a wave of similar releases from local rivals, as...
FDA willing to trade faster drug reviews for lower prices, Bloomberg reports
FDA Commissioner Marty Makary said the agency may fast-track new drugs from pharmaceutical companies that “equalize” the cost of their medicines between the U.S....
Shanghai and Wuxi are exploring stablecoins to help foreign trade. Related concept stocks continue to strengthen, but risks cannot be ignored.
The Party Committee of Shanghai State-owned Assets Supervision and Administration Commission held a central group study meeting on July 10 to study the development...
