Global Archives - Page 15 of 441

3 minute read

China’s ‘Decapitated’ Chip Sector Is Thrown $50B Lifeline

May 31, 8:44 AM

U.S.-China relations under Biden marked by efforts to block access to advanced chips. China investing $47.5B for self-reliance. Biden's measures aim for domestic production and block China's advances.

AMD

2 minute read

Surging ‘Re-Staking’ Craze Draws $18B In Crypto Assets As Investors Seek Higher Returns

By Benzinga Neuro

May 31, 8:28 AM

More than $18 billion in cryptocurrency has flowed into new “re-staking” platforms, attracting investors with the promise of higher yields.

$ADA

2 minute read

From Ukraine To Gaza: OpenAI Reveals Its AI Models Exploited For Global Disinformation By Russia, China, Iran And Israel

By Benzinga Neuro

May 31, 6:21 AM

OpenAI has revealed that its AI tools are being exploited by networks associated with Russia, China, Iran, and Israel to spread disinformation.

MSFT

2 minute read

Alibaba, Tencent Price Cuts Put Chill On China Tech: Profit Squeeze, Trade Tensions Push Stocks Near Correction Zone

By Benzinga Neuro

May 31, 5:25 AM

Chinese technology stocks are facing a significant downturn, nearing a technical correction due to profit-taking and geopolitical uncertainties.

AMD

2 minute read

Google’s Ex-CEO Eric Schmidt, Amazon, Salesforce Propel France’s Ambition To Be Global AI Leader

By Benzinga Neuro

May 31, 2:55 AM

France accounted for approximately 20% of total European AI startup funding in 2023, according to data from Dealroom.

AMZN

3 minute read

OPEC+ Likely To Extend Production Cuts Amid Rising Summer Demand: Report

By Benzinga Neuro

May 31, 2:33 AM

The Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, are expected to extend their current production cuts this weekend, as per delegates and analysts.

IEO

2 minute read

China Cites ‘National Security’ As It Tightens Export Controls On Aviation And Aerospace Equipment Amid US Restrictions

By Benzinga Neuro

May 31, 2:32 AM

A spokesperson clarified that these rules are not aimed at any particular country or region.

AMD

2 minute read

Nvidia’s Top Customer May Be Microsoft, Accounting For A Fifth Of Its Revenue: Report

By Benzinga Neuro

May 31, 2:18 AM

In a recent report, it was suggested that NVIDIA has one customer that contributes to a significant portion of its revenue, with Microsoft being the likely candidate.

AIQ

2 minute read

Palantir Is The ‘Messi’ Of Artificial Intelligence, Says Dan Ives: ‘Most Underestimated AI Play’

By Benzinga Neuro

May 31, 1:12 AM

Palantir Technologies has been likened to the Argentine professional footballer Lionel Messi of the artificial intelligence world by a prominent analyst.

ARKK

2 minute read

Novo Integrated Sciences Shares Surge 70% After Company Secures $78M Funding From HSBC For Acquisition Of Ophir Collection

By Benzinga Neuro

May 30, 11:17 PM

Novo Integrated Sciences surged 70.29% in after-hours trading to $0.77 following HSBC's confirmation of a $78 million Standby Letter of Credit.

NVOS