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China Robotics Firms Line Up IPOs to Pitch Next Phase of AI
A humanoid robot demonstrates its skills at the Robot Valley Exhibition Hall in Shenzhen.
US says ban on AI chip shipments applies to Chinese firms outside China
US says ban on AI chip shipments applies to Chinese firms outside China Department of Commerce issues guidance on chip restrictions amid concerns about loopholes in export control regime. The United States has issued a notice affirming its restrictions on shipments of semiconductors to subsidiaries of Chinese companies located outside China amid concerns about loopholes in Washington’s export control regime. The Department of Commerce said in the guidance issued on Sunday that its licensing...
Investors bet humanoid robots will transform industry and homes over the next decade
Softbank CEO Masayoshi Son told CNBC this week that physical AI and robotics were where he saw the next trillion-dollar company emerging from. Humanoid robots, designed to mimic human movement and capabilities, have been hitting headlines in recent years, from their use as baggage handlers at Japanese airports to Tesla's big bet on its Optimus humanoid. Market watchers have predicted that the machines will change the world over the next decade and forecast that the industry will grow...
This Trump-linked startup plans to put humanoid robots in the military
As Silicon Valley races to build humanoid robots that can fold laundry and pour a latte, at least one start-up sees a very different use for the technology: war or other potentially hazardous and deadly jobs. Meet Foundation Future Industries, a San Francisco-based robotics company with ties to the Trump family, developing 'dual-use' autonomous humanoid robots for both heavy industrial environments and military applications. While the robots sound like something out of a Terminator-esque...
China’s Economy Is Taking Everyone Down
Some economists assumed that the buying power of China’s expanding middle class would ultimately fuel global growth. China has instead become a destabilizing force in the global economy. Chinese President Xi Jinping is running the country as a government-subsidized, export-driven manufacturing juggernaut.
Folding Beijing
At ten of five in the morning, Lao Dao crossed the busy pedestrian lane on his way to find Peng Li. After the end of his shift at the waste processing station, Lao Dao had gone home, first to shower and then to change. He was wearing a white shirt and a pair of brown pants—the only decent clothes he owned.
Anthropic wants caution but the market wants more AI
analysis The latest news from the Western AI Front is that Anthropic Inc, the US-based creator of Claude, has called for a "global freeze" on the development of AI, so humanity can catch up. Except it didn't really. In a long blog post on Anthropic's website headed "When AI builds itself", all about how Claude is not only writing its own code but "proposing its own experiments", it was explained that "the human role is narrowing at each step in the AI development process".
President Emmanuel Macron announces €93 billion in 'Choose France' investments
Since the first "Choose France" in 2018, a year after Macron came to power, more than 230 projects have been announced, representing several thousand jobs, according to the Élysée Palace. French President Emmanuel Macron said he was expecting "record" foreign investment amounting to €93 billion at an international conference on Monday, including for artificial intelligence and data centres. Around 200 executives from around the world are expected at the Versailles palace west of Paris for...