The parent company of artificial intelligence agent startup Manus, Butterfly Effect, has raised $500 million in a funding round, months after the Chinese government blocked...
China has reportedly closed almost 25% of its banks amid increased oversight of smaller lenders. The world’s second largest economy shuttered a record 670-plus banks...
Saudi Arabia has reportedly withdrawn from China’s mBridge digital currency/cross-border payments program. That’s according to a report Sunday (Sept. 20) by the Financial Times (FT),...
Robust adoption of China’s artificial intelligence models has yet to yield corresponding revenues, according to a report published Thursday (Sept. 17) by research firm Rhodium...
The United States is preparing to tell countries that they will be excluded from a U.S.-led artificial intelligence coalition if they join a Chinese-led one,...
Apple worked with Alibaba Group to develop and train an Apple artificial intelligence model specifically for the Chinese market, Reuters reported Friday (Aug. 14), citing...
The White House is weighing a crackdown on China’s alleged “IP theft” of artificial intelligence models in the United States, Treasury Secretary Scott Bessent said...
Twenty-nine nations formalized the establishment of the World Artificial Intelligence Cooperation Organization (WAICO) on Thursday (July 16), according to Reuters, marking a significant step by...