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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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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Uber rolls out driverless robotaxis in Abu Dhabi

Driverless WeRide robotaxis for Uber. Courtesy: Uber Uber on Wednesday rolled out fully driverless rides in its fourth market, launching the service in Abu Dhabi in partnership WeRide, a Chinese autonomous vehicle company. The ride-hailing company said the launch in the United Arab Emirates capital represents the first driverless robotaxi service in the Middle East….

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11 programs meet criteria for professional degrees

President Donald Trump and his administration will begin imposing new limits for federal student loans disbursed on or after July 1, 2026. Undergraduate borrowers will have the same current limit of up to $7,500 a year for dependent students, depending on their class year. But graduate and professional students will see new limits of up…

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