Elon Musk predicts smarter-than-humans AI in 2 years. The CEO of China’s Baidu says it’s 10 years away
Robin Li, the CEO of Baidu said artificial intelligence that is smarter than humans, or AGI, is more than 10 years away.
Alibaba’s Hong Kong shares drop 5% after report of possible $5 billion convertible bond sale
Hong Kong-listed shares of Alibaba fell over 5% Thursday following a report that the Chinese tech giant is considering selling convertible bonds.
European stocks slightly higher as investors assess UK inflation and euro zone data
European markets opened slightly higher on Thursday as traders digest the minutes of the last U.S. Federal Reserve meeting.
China’s largest chipmaker SMIC is now the No. 3 foundry in the world, Counterpoint says
China’s largest chipmaker SMIC rose to third spot in global foundry revenue in the first quarter, according to Counterpoint Research.
Big Tech goes on AI charm offensive in Europe as regulators circle
Major U.S. tech firms have been trying to win favor with regulators as they face criticisms over their massive businesses having an adverse effect on smaller companies.
Russia threatens direct strikes on British military targets; Kharkiv hit with ‘extremely brutal’ attack
Russia said its border region of Belgorod came under a missile and drone attack, claiming its air defense systems shot down 35 rockets and three drones.
Wizz Air forecasts higher earnings, swings to annual profit after 3 years
European low-cost airline Wizz Air forecast a higher annual profit on Thursday on the back of a strong summer and robust travel demand.
CNBC Daily Open: Nvidia shares soar on AI boom
Prime Minister Rishi Sunak of the United Kingdom called a general election, while Nvidia delivered its earnings and saw its shares soar to record highs.
Watch CNBC’s full interview with JPMorgan Chase CEO Jamie Dimon
JPMorgan Chase’s chairman and CEO Jamie Dimon discusses the U.S. economy, the health of the consumer, where rates could go, and more.
Former Malaysia Prime Minister Mahathir says he’s ‘not involved in corrupt practices’
Malaysia’s former Prime Minister Mahathir Mohamad said he and his family members were not involved in any “corrupt practices.”
