TMTPOST -- Recent report showcased Apple Inc. may find more local partners to bring Apple Intelligence, its advanced personal artificial intelligence (AI) system, to iPhone in China. Credit：Apple Apple is discussing with Zhipu AI about deployment of the Beijing-based unicorn’s large model into iPhones sold in China, Chinese news media outlet Yicai learned. Zhipu, an AI startup originating from Tsinghua University's Computer Science Department, was founded in 2019. Zhipu in August has launched its large video generation model product, known as Ying, providing Chinese equivalents of OpenAI's Sora. The startup rolled out a new AI agent called AutoGLM in late October, coinciding with the October 28 release of Apple's AI assistant, creating significant buzz in the AI tech community. If Yicai’s

TMTPOST --  Novo Nordisk A/S shares plummeted as much as 27%, wiping up to $125 billion off in the market value, and settled 20.8% lower on Friday. Shares registered their worst day since listing in 2002 after the Danish drugmaker released disappointing trail results for its experimental weight-loss drug CagriSema. AI Generated Image Novo Nordisk announced headline results from a REDEFINE 1, a large phase 3 trial of a 68-week efficacy and safety investigating subcutaneous CagriSema, a fixed dose combination of cagrilintide 2.4 mg and semaglutide 2.4 mg, compared to the individual components cagrilintide 2.4 mg, semaglutide 2.4 mg and placebo, all administered once-weekly. CagriSema is a combination of semaglutide—the medicine sold under the brand names Ozempic and Wegovy—and cagr

TMTPOST --  U.S. graphite producers are seeking Washington to impose hefty tariffs on Chinese imports of the crucial material used in electric vehicle (EV) batteries. Credit：Xinhua News Agency A trade association representing U.S. graphite producers submitted petitions to two federal agencies after business hours on Tuesday, asking for probe into whether Chinese companies are violating anti-dumping laws, a Bloomberg report cited relevant documents.   The industry group is aiming to trigger punitive tariffs of up to 920% on Chinese graphite in retaliation, according to the report. It reportedly argued China’s massive state subsidies are artificially lowering prices and making it impossible for their companies to compete. The move marks an early sign of potential high-stakes d

TMTPOST -- In 2024, artificial intelligence (AI) has become the latest buzzword in nearly every industry, driving innovation and fueling sales. The smartphone sector, which experienced a trough in the previous year, is now bouncing back, thanks in part to AI’s integration into phones and a release of pent-up demand from consumers who had postponed upgrading their devices during the pandemic. Despite some skepticism about the sustainability of this growth, many experts believe that the smartphone market’s revival is real. Some argue that the resurgence is based on the low comparison base of 2023 rather than any substantial demand. However, whether it's driven by a new cycle of device replacements, government policies, or increased brand marketing efforts, the industry is undeniabl

TMTPOST --  Tesla Inc. shares settled 8.3% lower to $440.13 on Wednesday, registering their worst day in more than two months. Tesla, as the top loser of tech giants, was among hard-hit stocks as the U.S. stock market suffered a bloodbath after the Federal Reserve raised concerns about higher-than-expected interest rate for the coming year 2025. The benchmark S&P 500 index closed nearly 3% lower, recording its biggest daily loss on Fed’s decision day since September 17, 2001. Credit：Tesla The Federal Reserve announced after a monetary policy meeting it decided to cut its policy rate by 25 basis points (BPs), or a quarter percentage point, to the range of 4.25%-4.50% on Wednesday.  But the U.S. central bank also said it sees just 50 BPs of cuts next year, based

Boson Dynamic Founder Dr. Marc Raibert and Alibaba Cloud founder Dr. Wang Jian are attending a panel discussion moderated by renowned journalist Craig Smith. AsianFin – Marc Raibert, the legendary figure in the global robotics industry, has noted that reinforcement learning, a major sublet of artificial intelligence, is on the horizon for empowering robots during the T-EDGE Conference organized by TMTPost Group. Raibert, who is a source of inspiration for young Chinese technologists, pointed out traditional controls, including servomechanism and vision systems, are still playing a large role in robotics although reinforcement learning is “right on the horizon.” The role model for young robotics researchers in China is moderately optimistic about the use of artificial intelligence in the ne

TMTPOST -- U.S. president-elect Donald Trump expressed the prospect of cooperation with the Chinese government as leadership of the world’s top two economies are holding economic and financial dialogues. Credit：Xinhua News Agency “China and the United States could solve all the problems of the world,” Trump said on Monday in his first news conference since his election victory at Mar-a-Lago club in Pam Beach, Forida. Trump told reporter in the conference that Chinese President Xi Jinping had been his friend, but his relationship with Xi had strained due to the Covid-19 pandemic. "We had a very good relationship until Covid," said Trump when asked whether Xi would attend his inauguration. "Covid didn't end the relationship, but it was a bridge too far for me." China’s Foreign Mini

TMTPOST -- Major cloud providers in the West could reportedly get role in artificial intelligence (AI) chip access outside U.S.,government as the Biden administration is increasing high-tech curbs on China. Credit：LinkedIn The U.S. government will unveil a scheme as soon as this month that will empower companies like Google and Microsoft to act as gatekeepers worldwide for highly sought-after access to AI chips, Reuters cited people familiar with the matter. Strict requirements under the scheme will require these companies to report key information to the U.S. government, block Chinese access to AI chips and grant permit to offer AI capabilities in the cloud beyond the U.S. without a license, according to the sources. It was reported companies without the gatekeeper status will have to com

TMTPOST -- U.S. President-elect Donald Trump reversed his hard-line stance against TikTok in his first presidential term in 2020 as the popular short video application is seeking to block a looming ban in the country in the court. Credit：Xinhua News Agency “We’ll take a look at TikTok. You know, I have a warm spot in my heart for TikTok,” Trump said Monday at press conference at Mar-a-Lago club in Pam Beach, Forida. “TikTok had an impact, so we’re taking a look at it.” Trump attributed Republican gains with young voters to TikTok and signaled his openness to stop the social media platform. Later Monday, NBC News reported Trump met with TikTok CEO Shou Zi Chew at  Mar-a-Lago. TikTok the same day took its case to the U.S. Supreme Court, asking the court to first consider its appeal of a