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China to Develop Home-Grown AI Solutions Using Supercomputers to Counter US Sanctions

China to Develop Home-Grown AI Solutions Using Supercomputers to Counter US Sanctions

China is turning to supercomputing to boost its AI capabilities in response to U.S. sanctions on advanced semiconductors and GPUs, which are crucial for developing large language models (LLMs).


Procter & Gamble's Stock Drops as Revenue Misses Expectations

Procter & Gamble's earnings beat expectations, but its revenue fell short, leading to a 4.6% drop in stock price despite a historical 1% increase in volume.

US Farmers Struggle with Extreme Heat; Higher Fruit and Vegetable Prices Expected

Record-breaking heat waves are expected to increase U.S. produce prices as extreme temperatures reduce crop yields. Farmers face higher growing costs and potential long-term impacts on key crops like corn and strawberries.

Air New Zealand Withdraws 2030 Emissions Initiative Due to Fuel Costs and Delays

Air New Zealand has dropped its 2030 climate goal due to challenges with fuel-efficient aircraft delivery and alternative fuel costs, making it the first major airline to revise near-term environmental targets.


Latest News

US to Announce Additional $500 Million Defense Boost to Philippines
US Secretary of State Antony Blinken and Defense Secretary Lloyd Austin are in Manila this week to announce a $500 million defense funding to help the Philippines in its deterrence against China.
Delta Demands Compensation for Microsoft Cyber Outage
Delta Airlines has hired David Boies, prominent attorney and chair of law firm Boies Schiller Flexner, in order to seek damages from CrowdStrike and Microsoft after an outage this month that caused millions of computers to crash, including those in airports.
Daniel Tobok, Founder and CEO of CYPFER
Daniel Tobok, founder and CEO of CYPFER and a veteran in cybersecurity with nearly three decades of experience, emphasizes the importance of proactive cybersecurity measures.
China and Italy Hopes to Revive Ancient 'Silk Road' Route With New Trade Agreement
Chinese President Xi Jinping and Italian Prime Minister Giorgia Melon signed a new trade agreement, citing the history of the Silk Road Route despite Italy's exit from the Belt and Road Initiative.
AMC, Cinemark, and Imax Stocks Surge Following ‘Deadpool & Wolverine’ Box Office Success
Movie theater giants, AMC, Cinemark, and Imax saw massive financial gains after 'Deadpool & Wolverine' opened to a record-breaking $205 million at the domestic box office, making it the highest-grossing R-rated movie debut.
Bitcoin Almost Surges to $70,000 After Trump’s Vow to Make US 'Crypto Capital'
Bitcoin has surged to nearly $70,000, its highest since mid-June, driven by former President Trump's vow to make the US a crypto power in his speech during his campaign.
Apple's AI Features Absent in iPhone 16 and iOS 18 Release in September Due to Bug Fixes
Apple’s new AI features, dubbed ‘Apple Intelligence,’ will be delayed until October and won’t debut with the initial iOS 18 and iPadOS 18 releases, allowing extra time for stability improvements.
Toyota Chairman Warns of Potential Board Exit as Shareholder Support Dips Due to Scandals
Following safety certification scandals, Toyota Chairman Akio Toyoda warns that he may lose his board position if declining shareholder support, currently at its lowest ever, continues.
Paris Olympics Fails to Boost Tourism; Airlines and Hospitality Sectors Affected
High prices and local warnings have led to a decline in tourism to Paris during the Summer Olympics, impacting airlines and the hospitality industry.
MrBeast's Trans Collaborator Fired Over Grooming Allegations; Jimmy Donaldson Criticized for Amazon Prime Production
MrBeast, the 300-million-subscriber YouTube channel and media company behind it, has been under fire in recent days due to double allegations directed at its founding co-presenters, Jimmy Donaldson and Ava Kris Tyson, regarding its questionable work ethics and predatory sexual behavior, respectively.
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