Tech giant, which owns TikTok, but may soon be permitted its sell its US arm, will spend half of that amount abroad on AI-related infrastructure, such as data centres and networking equipment, sources say
Trump announced the deal with OpenAI's Sam Altman, SoftBank CEO Masayoshi Son and Oracle founder Larry Ellison, saying it is the "largest AI infrastructure project in history"
JPMorgan set up a “war room” to assess the impact of Trump’s policies on global trade, regulation and other matters, an executive told a panel at the World Economic Forum in Davos
The wide divergence of views of people in his inner circle is perhaps one reason why Trump held off imposing tariffs on China on day one of his presidency
"Trump wants a deal. Otherwise, he would have shot up China on day one," Alicia Garcia Herrero, chief economist for the Asia Pacific at Natixis, said
Police have arrested dozens of protesters who stormed a court in Seoul on Sunday after it extended President Yoon's detention for a further 20 days
Facing allegations of staging an insurrection, Yoon said he agreed to comply with what he called an illegal probe to avoid "bloodshed".
Chinese state media says the development could lead to “overwhelmingly unfavourable consequences” for Taiwan and global chip supply chains
New rules will cap exports of AI chips to adversaries such as China and Russia, while allowing US companies and close allies unlimited access
Huang’s statements triggered an $8 billion meltdown in the four biggest quantum computing shares in the US
Outgoing president to impose new rules on AI chips to prevent US companies like Nvidia supporting technological development in China and other 'adversaries.'
Chinese tech giant and biggest battery maker say the move is 'clearly a mistake' as they are not military firms, or suppliers or engaged in military-related activities. They could sue the Pentagon.