China
Anthropic joins OpenAI in flagging ‘industrial-scale’ distillation campaigns by Chinese AI firms
The Anthropic logo displayed on the stage during the company’s Builder Summit in Bengaluru, India, on Monday, Feb. 16, 2026. Photographer: Samyukta Lakshmi/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Anthropic on Monday accused three Chinese AI enterprises of engaging in coordinated campaigns to extract information from its model, making it the latest […]
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China leaves benchmark lending rates unchanged as Beijing signals tolerance for stronger yuan
The People’s Bank of China (PBOC) building in Beijing, China, on Tuesday, April 18, 2023. Bloomberg | Getty Images China’s central bank kept its benchmark lending rates unchanged Tuesday as authorities navigate a balancing act of supporting a slowing economy while maintaining currency stability. The People’s Bank of China held its 1-year and 5-year loan […]
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Asia markets shrugs off Wall Street sell-off as Trump revives tariff threat and AI fears hit tech
BEIJING, CHINA – NOVEMBER 11: The national flag of China flies in front of the headquarters of the People’s Bank of China (PBOC) on November 11, 2025, in Beijing, China. The PBOC serves as the country’s central bank, overseeing monetary policy, financial regulation, and currency issuance. (Photo by Cheng Xin/Getty Images) Cheng Xin | Getty […]
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China’s leverage rises before high-stakes summit as Supreme Court curbs Trump tariffs
US President Donald Trump (L) and China’s President Xi Jinping shake hands as they arrive for talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan on October 30, 2025. Donald Trump and Chinese leader Xi Jinping will seek a truce in their bruising trade war on October 30, with […]
Read MoreHe turned down $1.2 billion from Stripe. Now his company is worth $8 billion
In 2018, Stripe offered to buy fintech company Airwallex for $1.2 billion. They said no. Seven years later, the company is worth $8 billion and serves over 200,000 customers globally. Jack Zhang, co-founder and CEO of Airwallex, helped build one of the world’s fastest-growing fintech companies, now valued at $8 billion and generating more than […]
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How the Supreme Court’s decision affects Apple and its $3.3 billion tariff bill
Tim Cook, chief executive officer of Apple Inc., during the 60th presidential inauguration in the rotunda of the US Capitol in Washington, DC, US, on Monday, Jan. 20, 2025. Bloomberg | Getty Images Apple’s tariff bill has racked up about $1 billion per quarter, but that number should start shrinking following the Supreme Court decision […]
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