Everything on the wire from Fortune (US).
Former Google China president Kai-Fu Lee says the U.S. misunderstands what drives China's AI companies, from profits to open-source models.
Bessent said the Treasury, Defense, and State Departments were all in favor of placing trade restrictions on Megaspeed, but only Commerce had the power to do so.
“Sometimes the easiest way to penetrate a billion-dollar company is to get close to the person running it,” says Eric O’Neill.
A brief comeback has given way to renewed selling, with analysts warning the road back could get rockier.
See which Fortune 500 companies are making changes to their C-suite ranks.
OpenAI moved its robotics researchers onto other teams. The company said the change represented new thinking about the best way to make progress towards general-purpose robots.
Ford’s latest rebirth includes factories filled with 3D-printed parts and clay-carving artisans wearing virtual-reality goggles.
Aided by a Sydney Sweeney ad, Novig’s monthly volume jumped 80% to $1.8 billion. What would it take to catch Kalshi?
The quant trading shop’s Nvidia holdings grew ahead of Jensen Huang’s resignation. Whether Jane Street actually lost money is another question.
Harvey Jones has been on the Nvidia board since 1993. Is he the right person to ride out the coming storm, or responsible for causing it?