A Chinese chip giant is poised to go public in Asia’s largest market debut of the year, as it benefits from intense demand for memory. CXMT, which nearly doubled the fundraising target for its Shanghai offering, is increasingly central to Beijing’s efforts to achieve technological self-sufficiency. The chip industry also ...
Day: July 16, 2026
US grapples with rise of Chinese open-source AIUS grapples with rise of Chinese open-source AI
The ascendance of Chinese open-source AI poses an economic threat to the US, Palantir’s chief technology officer said, joining a chorus of American executives sounding the alarm on Beijing’s growing AI clout. Chinese AI companies have been accused of ripping off the top American models through a process known as ...
EU defense push meets realityEU defense push meets reality
Europe remains reliant on China and the US for critical military components even as it projects confidence in shouldering its own defense. Brussels is allowing Ukraine to spend EU funds on Chinese drone parts, the Financial Times reported, underscoring “the gaps that remain in the EU’s domestic defense production.” And ...
William tells England to ‘hold their heads high’ after lossWilliam tells England to ‘hold their heads high’ after loss
The Prince of Wales says England has “inspired us all” as he offers his commiserations over the loss to Argentina. ...
Argentina face fine for Falklands banner in semi-final winArgentina face fine for Falklands banner in semi-final win
Argentina face the prospect of a Fifa fine after their players celebrate the World Cup semi-final win against England with a banner in support of their country’s claims to the Falkland Islands. ...