Foreign investors warm to China’s cheaper AI valuations

This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Sitting in his new Beijing office, AI2 Robotics Founder and CEO Eric Guo wistfully reflected on fundraising challenges in China — and noted that U.S.-based…

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Trump directs review of Afghans who entered US under Biden after National Guard shooting

President Trump said on Wednesday that his administration will review the cases of individuals from Afghanistan who entered the United States during the Biden administration. Trump’s announcement came hours after two National Guard soldiers were shot in Washington, D.C. Trump said the suspected shooter is an Afghan national who entered the country during the Biden…

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Nikkei 225, Hang Seng Index, CSI 300

The Sydney Opera House Sydney, New South Wales, Australia. Gallo Images | Brand X Pictures | Getty Images Asia-Pacific markets opened higher Thursday, after Wall Street gained as Fed rate-cut hopes grew and tech stocks rebounded. Japan’s benchmark Nikkei 225 index rose 0.85%, and the Topix index added 0.64%. Artificial intelligence-related stocks rallied on the…

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