
China Launches Antitrust Probe Into Qualcomm, Shares Drop 3%
Oct 10, 2025 09:41 am UTC| Governance Business Technology
Chinas State Administration for Market Regulation (SAMR) has opened an investigation into U.S. chipmaker Qualcomm Incorporated (NASDAQ: QCOM) over alleged violations of the countrys anti-monopoly laws, according to a...

AgiBot Eyes $6.4 Billion Hong Kong IPO Backed by Tencent and HongShan
Oct 10, 2025 09:38 am UTC| Technology Business
Chinese humanoid robot maker AgiBot is preparing for a major initial public offering (IPO) in Hong Kong next year, targeting a valuation between HK$40 billion and HK$50 billion (approximately $5.14$6.4 billion), according...

Ant Group Launches Ling-1T: China’s Trillion-Parameter AI Model to Rival OpenAI and DeepSeek
Oct 10, 2025 04:20 am UTC| Technology Business
Ant Group has unveiled Ling-1T, a groundbreaking open-source large language model (LLM) boasting an astonishing one trillion parameters. The Chinese fintech giant aims to challenge top-tier AI developers such as OpenAI and...

OpenAI Raises Antitrust Concerns Over Google’s Market Power in EU Talks
Oct 10, 2025 04:14 am UTC| Technology Business
OpenAI has voiced strong concerns to European Union regulators about competition in the artificial intelligence sector, particularly the dominance of tech giant Google. The ChatGPT creator said its recent discussions with...

Rishi Sunak Joins Microsoft and Anthropic as Senior Adviser
Oct 10, 2025 04:10 am UTC| Business Technology
Former UK Prime Minister Rishi Sunak has taken on new advisory roles with Microsoft and AI startup Anthropic, deepening his involvement in the global technology and artificial intelligence sectors. Sunak, who stepped down...

NVIDIA Hits New 52-Week High as Cantor Fitzgerald Boosts Price Target to $300 Amid AI Boom
Oct 10, 2025 03:53 am UTC| Business Technology
NVIDIA (NASDAQ: NVDA) shares surged 2.5% on Thursday, reaching a new 52-week high after Cantor Fitzgerald analyst C.J. Muse raised his price target to a Street-high $300 per share. The revised target implies a potential...

U.S. Approves Billions in NVIDIA Chip Sales to UAE Amid AI Partnership Boost
Oct 09, 2025 05:25 am UTC| Business Technology Politics
The U.S. government has granted NVIDIA Corporation (NASDAQ: NVDA) export licenses worth several billion dollars for chip sales to the United Arab Emirates (UAE), ending months of uncertainty surrounding a major artificial...