TECHNOLOGY

Huawei Technologies is preparing to test its most powerful artificial intelligence chip, the Ascend 910D, which is designed to replace advanced Nvidia chips in the Chinese market. This comes after six years of U.S. efforts to blacklist Huawei and restrict its access to advanced semiconductors amid a deepening AI race and trade war between the two economic superpowers. 

The Wall Street Journal reported Monday that Ascend 910D's technical feasibility will be conducted over the next (more…)

About a month after Elon Musk's xAI Holdings acquired the X platform in an all-stock deal valuing the social media company at $33 billion, whispers have emerged that xAI is in talks with investors to raise $20 billion — a move that could push the startup's valuation north of $120 billion. 

Citing anonymous sources, Bloomberg News reported Friday that xAI is in talks with investors to raise $20 billion. According to PitchBook data, the deal would mark the second-largest (more…)

Apple is turbocharging its "friend-shoring" strategy, thanks in large part to President Trump's ongoing trade war with Beijing, by initiating plans to shift all iPhone production for the U.S. market from China to India starting next year, according to the Financial Times, citing sources. The move marks a significant step toward diversifying Apple's supply chain away from China, in an effort to avoid tariffs.

The sources said the continued diversification of the supply (more…)