AI+ demonstration area at the Zhongguancun Exhibition Center in Beijing, capital of China

China’s AI Hub Takes Shape in Beijing as City Ranks First Nationwide in Large Model Registrations

Beijing has emerged as China’s leading city for the development and deployment of artificial intelligence (AI) models, with the highest number of registered large-scale AI systems nationwide, Mayor Yin Yong said on Sunday. Delivering a government work report at the...
Gold and Silver

Gold and Silver Extend Record Highs as Trump’s Greenland Tariff Threats Ignite US–Europe Trade War Fears

Gold and silver surged to fresh record highs on Monday as President Donald Trump’s escalating push to take over Greenland stoked fears of a deepening trade war between the United States and Europe, driving investors toward traditional safe-haven assets. Spot...
Artificial Intelligence (AI)

AI-Generated “Fake Sports” Poses Growing Risk to Teams, Fans, Study Warns

A new study by AI risk management platform Alethea has raised alarms about the rise of artificial intelligence-generated fake content—what the company calls “AI slop”—and its potential to mislead sports fans, players, and leagues. Retired NFL star Jason Kelce never...
Sports Betting Sector

Sports Betting Sector Suffers Sharp Selloff After New Data Shows Declining Online Revenue During Traditionally Lucrative Playoff Week

DraftKings Inc., Flutter Entertainment and other stocks tied to the US sports gambling industry fell sharply on Friday after fresh data pointed to rising competition from prediction market startups that are rapidly gaining traction during marquee sporting events. Shares of...
Database Analytics

Database Startup ClickHouse Secures $400 Million Funding Round, Tripling Valuation on Rapid Growth in AI Analytics Demand

Database software company ClickHouse has secured $400 million in fresh funding at a valuation of $15 billion, underscoring strong investor confidence in infrastructure tools powering artificial intelligence workloads. The deal represents roughly a 2.5-times jump from the company’s $6.35 billion...
Space

York Space Systems targets up to $544 million in IPO as space and defense listings gather pace

York Space Systems Inc., a US space and defense manufacturer backed by private equity firm AE Industrial Partners, is seeking to raise as much as $544 million in an initial public offering, underscoring renewed momentum in public listings across the...
US Firms Report Regulatory Delays, Slower Customs, and Export Controls Still Affect Business in China

US Firms Report Regulatory Delays, Slower Customs, and Export Controls Still Affect Business in China

US companies are showing renewed confidence in China following the trade truce between President Donald Trump and Chinese leader Xi Jinping, according to a survey released by the American Chamber of Commerce in China (AmCham). The survey found that 48%...
Car Buyers

Auto Loan Terms Stretch to Record Highs as Consumers Trade Short-Term Affordability for Long-Term Debt

Rising vehicle prices, elevated interest rates and persistent affordability pressures are pushing more car buyers to stretch their auto loans to record lengths, locking many into debt well beyond what experts have traditionally recommended. Financial advisers have long warned against...
SpaceX Dragon capsule

SpaceX Crew Dragon Begins Rare Emergency Return From International Space Station After Astronaut Suffers Serious Medical Condition

A SpaceX Crew Dragon capsule carrying a four-member international crew is returning to Earth in what officials described as the first emergency medical evacuation from the International Space Station (ISS), following a serious but unspecified health issue affecting one of...
Oil

Oil Erases Earlier Drop, Climbs Above $65 as Traders Await U.S. Response to Iran Unrest and Personnel Advisory at Qatar Air Base

Oil prices erased earlier losses and steadied Wednesday amid intensifying geopolitical tensions tied to unrest in Iran and unfolding U.S. policy responses. Brent crude traded above $65 a barrel, holding onto gains after topping the previous four sessions with more...
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