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Alibaba Bets on 10 Trillion-Parameter AI Model and Homegrown Chips in China’s Race to...
Alibaba is escalating its push to compete in artificial intelligence, announcing plans for an AI model potentially four times larger than its current flagship...
The Power and Danger of Concentration
In June 2024, former OpenAI researcher Leopold Aschenbrenner published a 165-page essay arguing that artificial intelligence would require an extraordinary expansion of physical infrastructure.
The...
Nasdaq Hits Record as AI Stocks Rally, Oil Falls and Treasury Yields Ease
US stocks rebounded sharply on Monday, with the Nasdaq Composite closing at a record high as investors returned to AI and semiconductor shares, while...
$750 Million Hedge Fund Manager Reveals 4 Key Signals Shaping the Energy Market
Energy markets are entering a period in which seemingly separate forces are beginning to collide.
Oil prices, interest rates, geopolitical risks and changing patterns of...
China’s Offshore Trust Tax Crackdown Puts Hong Kong Stocks on Alert as Deadline Nears
China’s new push to collect individual income tax on assets held through offshore trusts is creating a potential source of near-term volatility for some...