Samuel Boivin | Nurphoto | Getty Images Alibaba on Tuesday announced a new chip designed for agentic capabilities as the Chinese tech giant steps up its semiconductor efforts to fuel its AI push. The XuanTie C950 is a type of chip called a central processing unit (CPU), which Alibaba said will be able to handle the…
A giant inflatable Labubu toy floats on the water at Victoria Harbour on October 25, 2025 in Hong Kong, China. Vcg | Visual China Group | Getty Images 28-year-old Rebecca Zhou, born in China’s Sichuan province, owns an assortment of Moomin merchandise — bags, mugs, and figurines featuring the white hippo-looking cartoon character from Finland…
People queue to have their laptops install with OpenClaw, an open-source AI assistant at the Baidu headquarter in Beijing on March 11, 2026. Adek Berry | Afp | Getty Images Three months ago, the tech industry was unaware of a lobster-themed AI coding project built by an under-the-radar Austrian software developer. OpenClaw, as that creation…
My top 10 things to watch Friday, March 20 1. Stock futures are down this morning as oil works its way back up after a brief move lower on Thursday. The major averages are pacing for their fourth losing week in a row, with the S & P 500 and Dow down 0.4% and 1.2%,…
Images of mobile devices at the Taiwan Semiconductor Manufacturing Co. (TSMC) Museum of Innovation in Hsinchu, on Tuesday, Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Asian technology stocks fell on Thursday as Iran’s latest attacks on Qatar’s Ras Laffan Industrial City and a surge in oil prices rattled investor sentiment, amplifying concerns…
China is making a big push for widespread adoption of artificial intelligence, and the nation’s tech powerhouses are holding public events to help everyday people get OpenClaw, the viral personal digital assistant. “It seems everyone around me – my colleagues and friends — has it,” new user Gong Sheng said as he waited to get…
NVIDIA CEO Jensen Huang gestures during the NVIDIA GTC global AI conference in San Jose, California, U.S. March 17, 2026. Carlos Barria | Reuters Chinese artificial intelligence stocks surged Wednesday following upbeat comments from Nvidia CEO Jensen Huang on the promise of AI agents and OpenClaw. Huang on Tuesday said that OpenClaw was “definitely the…
A view of the Ant Group buildings in Chongqing, China, on March 23, 2025. Cfoto | Future Publishing | Getty Images Shares of Bright Smart Securities surged as much as 82% on Tuesday after an Ant Group unit completed the required steps to acquire the Hong Kong-listed brokerage. The stock later pared gains to trade…
At Nvidia’s annual developer conference on Monday, CEO Jensen Huang took the stage to a packed house and said he expects purchase orders between Blackwell and Vera Rubin to reach $1 trillion through 2027. Last year, the company had projections for a $500 billion revenue opportunity between the two chip technologies. Following Nvidia’s earnings report…
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 Instead of trumpeting China’s tech advances, Premier Li Qiang struck an uncharacteristically somber tone during a nationwide address on policy plans. I’ve heard him speak…
