Nvidia is set to report its second-quarter earnings on Wednesday, in a first test of investor appetite since last week’s mass AI-stock selloff. All eyes will be on the chipmaker’s latest financials as the company sets the tone for the rest of the AI industry after a turbulent week in the sector. Several tech stocks saw shares tumble last week amid growing questions over whether AI-driven companies are being overvalued, including an MIT report that said 95% of AI pilots fail to grow company’s revenues and statements from the OpenAI…
Tag: Computing
Box, run, crash: China’s humanoid robot games show advances and limitations
A quick left hook, a front kick to the chest, a few criss-cross jabs, and the crowd cheers. But it is not kickboxing prowess that concludes the match. It is an attempted roundhouse kick that squarely misses its target, sending the kickboxer from a top university team tumbling to the floor. While traditional kickboxing comes with the risk of blood, sweat and serious head injuries, the competitors in Friday’s match at the inaugural World Humanoid Robot Games in Beijing faced a different set of challenges. Balance, battery life and a…
Robots run, punch and score at World Humanoid Robot Games in China – video
China is hosting the inaugural three-day World Humanoid Robot Games in Beijing as it looks to showcase its advances in artificial intelligence and robotics. In total, 280 teams from 16 countries are taking part in the event, where humanoids compete in sports such as kickboxing, football and athletics. The Guardian
Trump sparks concern after suggesting he might allow sales of Nvidia’s advanced AI chips in China
Donald Trump has suggested he might allow Nvidia to sell chips in China that are more technology advanced than currently permitted, despite deep-seated fears in Washington that Beijing could harness US artificial intelligence capabilities to supercharge its military. In a briefing on Monday, the president suggested he could “make a deal” for Nvidia to sell a downgraded version of its flagship Blackwell chip in China. The move could open the door to China securing more advanced computing power from the US, even as the two countries battle for technology supremacy,…
China calls for global AI cooperation days after Trump administration unveils low-regulation strategy
Chinese premier Li Qiang has proposed establishing an organisation to foster global cooperation on artificial intelligence, calling on countries to coordinate on the development and security of the fast-evolving technology, days after the US unveiled plans to deregulate the industry. Speaking at the annual World Artificial Intelligence Conference (WAIC) in Shanghai, Li called AI a new engine for growth, adding that governance is fragmented and emphasising the need for more coordination between countries to form a globally recognised framework for AI. Li warned Saturday that artificial intelligence development must be…
Chinese hackers targeted Microsoft SharePoint servers, tech firm says
Microsoft says Chinese “threat actors”, including state-sponsored hackers, have exploited security vulnerabilities in its SharePoint document-sharing software servers and are targeting the data of businesses that use it. The US technology company said it had observed three groups – the Chinese state-backed Linen Typhoon and Violet Typhoon, and Storm-2603, which is believed to be China-based – using “newly disclosed security vulnerabilities” to target internet-facing servers hosting the platform. The announcement came amid reports in the Financial Times that Amazon was shutting down its artificial intelligence lab in Shanghai, while the…
Apple inks $500m deal for rare earth magnets with US mining firm
Apple has signed a $500m deal with a US firm for rare earth magnets, essential for manufacturing electronics, after China curbed exports of the scarce, vital materials. The backing from one of the world’s most valuable companies comes after MP Materials, which operates the only US rare earths mine, last week agreed to a multibillion-dollar deal with the US Department of Defense that will see the Pentagon become its largest shareholder. Both deals are aimed at mitigating supply chain risks after China limited the outgoing supply of rare earths earlier…
China hosts first fully autonomous AI robot football match
They think it’s all over … for human footballers at least. The pitch wasn’t the only artificial element on display at a football match on Saturday. Four teams of humanoid robots took each other on in Beijing, in games of three-a-side powered by artificial intelligence. While the modern game has faced accusations of becoming near-robotic in its obsession with tactical perfection, the games in China showed that AI won’t be taking Kylian Mbappé’s job just yet. Footage of the humanoid kickabout showed the robots struggling to kick the ball or…
Chinese tech firms freeze AI tools in crackdown on exam cheats
Big Chinese tech companies appear to have turned off some AI functions to prevent cheating during the country’s highly competitive university entrance exams. More than 13.3 million students are sitting the four-day gaokao exams, which began on Saturday and determine if and where students can secure a limited place at university. This year, students hoping to get some assistance from increasingly advanced AI tools have been stymied. Parents take photos of students entering an exam hall. Photograph: Adek Berry/AFP/Getty Images In screenshots shared online, one Chinese user posted a photo…
Trump threatens 25% tariff on iPhones if they are not made in US
Donald Trump has threatened to impose a 25% tariff on iPhones if they are not made in the United States, as he stepped up the pressure on Apple to build its signature product in America. The US president caused a pre-trading dip in Apple shares with a post on the Truth Social platform stating that iPhones sold inside the US must be made within the country’s borders. Trump said in the post: “I have long ago informed Tim Cook of Apple that I expect their iPhones that will be sold…