CONNECT WITH US
NEWS TAGGED BLOOMBERG
Tuesday 25 June 2024
Dongfeng Nissan shifts toward EVs as it closes one gasoline car plant
Nissan Motor recently announced that Dongfeng Nissan, its joint venture in China, had shut down production at a facility in Changzhou last week. The act was part of Nissan's efforts...
Friday 21 June 2024
China's EV makers got US$ 231 billion aid over 15 years, study says
China's electric vehicle industry received at least $231 billion in government subsidies and aid from 2009 through to the end of last year, even as the amount of support per vehicle...
Tuesday 11 June 2024
TSMC's premium over SMIC shows challenges for China's chip fund
The share-price gap between Taiwan Semiconductor Manufacturing Co. and China's biggest chipmaker is near its widest in almost two decades, highlighting the difficulty Beijing faces...
Friday 7 June 2024
Microsoft, Nvidia to face US antitrust probes over AI moves
The US is opening antitrust investigations into two of the world's most valuable companies, Microsoft Corp. and Nvidia Corp., over their dominance of the rapidly emerging field of...
Friday 26 April 2024
Huawei's new phone runs latest version of Made-in-China chip
Huawei Technologies Co.'s latest smartphones carry a version of the advanced made-in-China processor it revealed last year, independent analysis revealed, underscoring the Chinese...
Wednesday 24 April 2024
China approves US listing for self-driving firm in easing sign
China has greenlit a US listing by autonomous driving startup Pony.ai, raising the potential for an increase in Chinese tech initial public offerings in New York after a more than...
Thursday 18 April 2024
Micron poised to get over $6 billion in chips grants in announcement next week
Micron Technology Inc., the largest US maker of computer-memory chips, is poised to get $6.1 billion in grants from the Commerce Department to help pay for domestic factory projects,...
Monday 15 April 2024
Apple faces worst iPhone slump since COVID-19 as China rivals rise
Apple Inc.'s iPhone shipments slid a worse-than-projected 10% in the March quarter, reflecting flagging sales in China despite a broader smartphone industry rebound.
Thursday 11 April 2024
OpenAI's Altman pitches global AI coalition on trip to Middle East
OpenAI Chief Executive Officer Sam Altman has been working to build a global coalition among government and industry leaders to support boosting the supply of chips, energy, and data...
Wednesday 10 April 2024
Bloomberg data suggests China's EV overcapacity is modest
China boasts the world's largest market for pure electric and hybrid vehicles.
Friday 29 March 2024
South Korea's semiconductor output rises by most in 14 years
South Korea's output of semiconductors jumped the most in 14 years in February in an indication of ongoing recovery in the country's most important industrial sector and global tech...
Monday 19 February 2024
Biden administration mulls showering Intel with 10 billion greenbacks
The Biden administration is reportedly ready to provide significant subsidies to Intel.
Monday 13 November 2023
Stability AI gets Intel backing in new financing
Stability AI has raised new financing led by chipmaker Intel Corp., according to people familiar with the matter — a cash infusion that arrives at a critical time for the com...
Monday 13 November 2023
OpenAI seeks to gather data from more languages and cultures
OpenAI plans to expand its work with outside organizations to collect data from a broader range of languages, topics and cultures in order to build public datasets anyone can use...
Friday 3 November 2023
Former Google CEO Eric Schmidt bets AI to shake up scientific research
Eric Schmidt is funding a nonprofit that's focused on building an artificial intelligence-powered assistant for the laboratory, with the lofty goal of overhauling the scientific research...