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China says humanoid robot buzz carries bubble risk
China says humanoid robot buzz carries bubble risk

More than 150 Chinese companies are making humanoid robots but a market bubble risks forming in the rapidly growing futuristic industry, a Beijing official has warned. More than half of China's 150 humanoid robot companies -- a figure still increasing -- are "startups or 'cross-industry' entrants, which is a good thing for innovation", Li said.

by  AFP

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Microsoft holds 27% of OpenAI in revamped partnership
Microsoft holds 27% of OpenAI in revamped partnership
by  AFP

Microsoft and OpenAI announced Tuesday a sweeping overhaul of their landmark artificial intelligence (AI) partnership, giving both companies greater independence while maintaining their close collaboration.

Trump heads to South Korea with all eyes on Xi meeting
Trump heads to South Korea with all eyes on Xi meeting
by  AFP

US President Donald Trump heads Wednesday for South Korea, where a key meeting with Chinese leader Xi Jinping could produce a truce in the blistering trade war between the world's two largest economies. The US president will head to Gyeongju for a summit with South Korean President Lee Jae Myung -- their second in-person talks just two months after a meeting in Washington.

Uber partners with Nvidia to deploy 100,000 robotaxis
Uber partners with Nvidia to deploy 100,000 robotaxis
by  AFP

Uber and Nvidia on Tuesday announced an alliance to deploy 100,000 robotaxis starting in 2027. "Together with Uber, we're creating a framework for the entire industry to deploy autonomous fleets at scale, powered by Nvidia AI infrastructure," Nvidia chief executive Jensen Huang said in a release.

Why are stock markets hitting record highs?
Why are stock markets hitting record highs?
by  AFP

Why have stock markets around the world -- from Wall Street to Tokyo and from Paris to Seoul, been striking record highs despite the uncertain political and economic outlook? - Corporate earnings results - The corporate earnings calendar also plays a key role in driving stock markets to record highs.

Musk launches Grokipedia to rival 'left-biased' Wikipedia
Musk launches Grokipedia to rival 'left-biased' Wikipedia
by  AFP

Elon Musk's company xAI has launched a website called Grokipedia to compete with online encyclopedia Wikipedia, which he and others on the American right wing have accused of ideological bias. Several right-wing figures welcomed the launch of Grokipedia.

Amazon cuts staff by 14,000
Amazon cuts staff by 14,000
by  AFP

US online retail and cloud computing giant Amazon said Tuesday that it is reducing its workforce by 14,000 posts to streamline operations as it invests in artificial intelligence, without saying where the cuts will be made. Amazon chief executive Andy Jassy has lauded the potential of AI to streamline workplace operations, from engaging with customers online to making offices more efficient.