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Alibaba, Baidu begin using own chips to train AI models, The Information reports

Alibaba has been using its own chips for smaller AI models since early this year, while Baidu is experimenting with training new versions of its Ernie AI model using its Kunlun P800 chip, the report said. Alibaba and Baidu did not immediately respond to Reuters requests for comment. The move is a significant …

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Oracle’s blockbuster surge shows AI trade’s growing influence on market

(Reuters) -Wall Street’s “AI trade” has propelled the market to record highs this year, and Oracle’s stunning share-price gains are giving investors another reason to back the trade.Oracle shares jumped 36% on Wednesday after the company pointed to a demand surge from AI firms for its cloud services. The surg …

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Trump withdraws nomination of China hawk for key post in US-Sino tech battle

(Reuters) -President Donald Trump has withdrawn the nomination of Landon Heid, a China hawk, for a key post in the U.S.-China tech battle, raising questions about whether the move signals a more dovish approach to Beijing.Trump withdrew Heid’s nomination on Wednesday for assistant secretary for export adminis …

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AbbVie shares hit record high as key immunology drug set for exclusivity until 2037

(Reuters) -AbbVie shares rose 4% to a record high on Thursday after the U.S. drugmaker said it expected no generic competition for its blockbuster immunology drug Rinvoq until 2037, a four-year extension, according to some analysts.Rinvoq, used for the treatment of rheumatoid arthritis and other autoimmune di …

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Oracle’s blockbuster surge shows AI trade’s growing influence on market

In Today’s News

5 reasons this crypto wins under Trump [sponsor]

Alibaba, Baidu begin using own chips to train AI models, The Information reports

Oracle’s blockbuster surge shows AI trade’s growing influence on market

Trump withdraws nomination of China hawk for key post in US-Sino tech battle

AbbVie shares hit record high as key immunology drug set for exclusivity until 2037

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AbbVie shares hit record high as key immunology drug set for exclusivity until 2037

Trump withdraws nomination of China hawk for key post in US-Sino tech battle

Oracle’s blockbuster surge shows AI trade’s growing influence on market

AbbVie shares hit record high as key immunology drug set for exclusivity until 2037

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