4 h. ago Google, Anthropic unveil cloud deal worth tens of billions of dollars

Alphabet’s Google will supply up to 1 million of its specialised artificial intelligence chips to Anthropic, a deal worth tens of billions of dollars that deepens its partnership with the fast-growing AI start-up. The arrangement, announced Thursday, gives Anthropic vastly more computing capacity while cementing Google’s position as both a major investor and key infrastructure provider in the escalating race to power large AI models. The tensor processing units, or TPUs – Google’s...

Economics

9 d. ago Hong Kong Disneyland seeks new head after Michael Moriarty assumes global role

The head of Hong Kong Disneyland Resort will assume a new global position as chief financial officer for the company’s experiences division, with a search now under way for his successor. Michael Moriarty has been appointed executive vice-president and chief financial officer for Disney Experiences, according to the company’s announcement on Tuesday. “We are thrilled that Michael Moriarty will become Disney Experiences’ next CFO and look forward to his continued leadership in this global role,”...

Politics

1 week ago How US Gulf partnerships could thwart China’s AI leadership plans

In a global first, China has launched a cutting-edge commercial underwater data centre in Hainan. The facility has the potential to upgrade digital service offerings, increase Beijing’s share of global internet traffic and serve as a magnet for foreign direct investment from global technology giants. To make progress, China must find a competitive edge, given the fast-expanding infrastructure in the United Arab Emirates and the United States, where rivals in the artificial intelligence (AI) race...

Politics

2 w. ago US forfeits offshore wind as China dominates market into 2030

US forfeits offshore wind as China dominates market into 2030  Rystad Energy

Politics

2 w. ago Hong Kong summit to help shine light on diversity and inclusion in boardroom

Hong Kong will host its first summit among female financial leaders next month, the Women Chief Executives Hong Kong (WCE HK) announced on Monday. The November 3 event is set to become the city’s largest gathering of senior women leaders in finance, bringing together more than 200 C-suite senior executives, including global CEOs and chief financial officers (CFOs). “This unparalleled gathering underscores Hong Kong’s pivotal role in fostering international dialogue on leadership and its global...

Politics

2 w. ago China has surpassed the United States in the race for leadership in the global energy market

China has surpassed the United States in the race for leadership in the global energy market  Ореанда-Новости

Politics

2 w. ago China needs to chart a new course to become world’s largest importer

In 2009, China surpassed Germany to become the world’s largest exporter of goods, a position it has maintained for the past 16 years. This export dominance has been instrumental in propelling China’s economy forward, enabling it to overtake Japan in 2010 as the second-largest economy in nominal GDP, trailing only the United States. By 2013, China had also eclipsed the US as the world’s largest trading nation in goods, measured by the combined value of imports and exports. These milestones...

Politics

3 w. ago China's 2025 box office surpasses 2024 with local films dominating

China's 2025 box office surpasses 2024 with local films dominating  chinadailyasia.com

Politics

3 w. ago China surpasses 10,000km of subsea pipelines, boosting offshore energy network

China has reached a major milestone in offshore energy infrastructure, with the total subsea pipeline network now exceeding 10,000km (6,213 miles), as the country accelerates efforts to explore offshore resources to meet its energy-security needs. The milestone was achieved as the final section of a deep-sea pipeline was installed on Sunday in northern China’s Bohai Bay, according to state broadcaster CCTV. As one of China’s largest offshore oil-production bases, Bohai Bay now hosts the...

Politics

3 w. ago China's 2025 box office set to surpass 2024 as National Day releases roll out

China's 2025 box office set to surpass 2024 as National Day releases roll out  chinadailyasia.com

Politics

3 w. ago China aims to leapfrog the US in robotics. Its latest tactic: robot boot camps

China is going all out to outpace the United States in the race to develop advanced humanoid robots. Its latest strategy: sending its bots to boot camp. Cities across the country are opening huge humanoid robotics training bases, which put robots through their paces in a variety of different scenarios and harvest training data to help manufacturers accelerate their product development. The biggest of these facilities, located in Beijing’s Shijingshan district, covers an area of more than 10,000...

Politics

4 w. ago Number of 5G mobile phone users in China surpasses 1.15 billion

Number of 5G mobile phone users in China surpasses 1.15 billion  ecns.cn

Politics

4 w. ago China sets renewables goal it can easily surpass, analysts say

China sets renewables goal it can easily surpass, analysts say  Reuters

Politics

4 w. ago India and China vie for Global South leadership at UN gatherings

India and China, recently seen moving towards rapprochement after years of strained ties, held separate meetings with Global South countries on the sidelines of the United Nations General Assembly in New York this week, highlighting a quiet rivalry for leadership of the developing world. The world’s two most-populous countries had been expected to present a united front as global trade and multilateralism face increasing headwinds under US President Donald Trump’s second term. Instead, their...

Politics