The move comes as Japan works to revitalise its chip industry, and the European Union looks to reduce its dependence on China-dominated supply chains

Yellen is expected to discuss cooperation on climate change and global debt distress, plus concerns about China's anti-espionage law in talks with senior finance officials in Beijing this week

Shares of top chip designer Nvidia, plus AMD and other chipmakers have fallen after a report that the US may impose tougher curbs on exports of artificial intelligence chips to China

The Beijing-based search engine giant says its AI chatbot, Ernie 3.5, beat OpenAI’s market leader in several key metrics

After a smaller-than-expected interest rate cut raised doubts on whether Chinese policymakers would act forcefully enough to support the economy, investors are positioning for a longer game

The two countries signed agreements on computer chips, tech, critical minerals, space cooperation, plus defence and cooperative arrangements aimed at countering China's influence

Alibaba announces a leadership reshuffle as it moves to split into six units, with Zhang to head its precious cloud unit and co-founder Eddie Wu to become the group's new CEO in September

Xi has previously said China needs to seize opportunities to use AI to drive economic development, but has also cautioned about its risks

The US decision to return was partly spurred by concern over China's increased influence, in particular setting standards for artificial intelligence and technology education

Sam Altman met with President Yoon Suk Yeol on Friday to discuss chips needed for the new technology and urged Seoul to help create acceptable international standards for AI

Foreign inflows of $4.4 billion went into Taiwanese stocks and $3.1 billion into South Korean equities in May amid surge of interest in beneficiaries from artificial intelligence boom

OpenAI CEO Sam Altman predicted Israel, a country ranked high for machine learning systems, will the right balance between innovation, human rights and civic safeguards