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Chinese chips advance despite being shut out of US technologyChinese chips advance despite being shut out of US technology

Chinese tech firms showcased advances in chipmaking, despite US curbs on access to cutting-edge semiconductor technology. Alibaba shares rose after it unveiled what it called China’s most powerful chip ever, part of a bid to expand across the hardware and software components of the AI ecosystem. Its announcement came just ...

Venezuela courts debt, energy and mining deals in New YorkVenezuela courts debt, energy and mining deals in New York

Venezuelan officials are looking to strike debt, energy, and mining deals at this week’s UN General Assembly, underscoring the country’s ambitions to return to international markets. Caracas was a pariah state for years, and foreign direct investment flows plummeted. But investors have begun returning since the Trump administration took effective ...

AI is generating a new wave of US populism. It could be a tipping point | Robert ReichAI is generating a new wave of US populism. It could be a tipping point | Robert Reich

It’s becoming obvious to many Americans that corporations have been raking it in while workers take it on the chin Last week, the unlikely duo of Bernie Sanders and Steve Bannon both spoke before a Washington group demanding a stop to AI and its datacenters. Notably, both lambasted the corporate ...