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Z.ai shares surge 8% after releasing new AI model running only on Chinese chips

Z.ai shares surge 8% after releasing new AI model running...

The Chinese AI company said it had already launched the model globally in stealth...

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CNBC Daily Open: Does Nvidia need a hug?

CNBC Daily Open: Does Nvidia need a hug?

Reports emerge that Nvidia could be in talks to buy Hugging Face, after the AI giant...

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HP inks deal with U.S.-blacklisted Huawei for licensing the Chinese company's WiFi tech

HP inks deal with U.S.-blacklisted Huawei for licensing...

It's a sign of adoption of Huawei technology outside China, despite the U.S. restricting...

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Tanker attack tests Trump’s claim that Hormuz is a 'functioning strait'

Tanker attack tests Trump’s claim that Hormuz is a 'functioning...

An oil tanker was struck by an unidentified projectile in the Strait of Hormuz,...

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Europe’s gas stores are running low — and prices could top 100 euros this winter

Europe’s gas stores are running low — and prices could...

Europe’s gas stores are historically low for this time of year, as disrupted Middle...

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Japanese startups, IPOs set for boost with platform to trade unlisted companies

Japanese startups, IPOs set for boost with platform to...

The Japanese regulator's registration of a new trading platform for unlisted shares...

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Qantas shares jump after earnings as airline unveils new business-class seats

Qantas shares jump after earnings as airline unveils new...

Qantas shares jumped 4% after the airline reported full-year earnings and introduced...

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Bank of Korea delivers back-to-back rate hikes as core inflation stays elevated

Bank of Korea delivers back-to-back rate hikes as core...

The Bank of Korea hiked rates by 25 basis points to 3%, its highest since January...

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China industrial profits growth cools to slowest in seven months as economic slowdown deepens

China industrial profits growth cools to slowest in seven...

China's industrial profits growth in July slowed to its weakest pace this year,...

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Fed Gov Lisa Cook’s lawyer fires back at Trump's renewed threat to oust her

Fed Gov Lisa Cook’s lawyer fires back at Trump's renewed...

The Supreme Court in late June blocked Trump from firing Cook from the Federal Reserve,...