Chinese internet tech ramp up AI spend. Who could benefit

Chinese internet tech ramp up AI spend. Who could benefit

Chinese internet companies don’t have enough compute to power their artificial intelligence ambitions — and they aren’t about to buy Nvidia outright. That’s a key takeaway from the latest earnings season. Alibaba reported cloud-related revenue surged by 34% year-on-year to the equivalent of $5.6 billion. Management said demand was outstripping supply, and indicated they might…

Read More
Ukraine peace deal is really close, U.S. envoy Kellogg says

Ukraine peace deal is really close, U.S. envoy Kellogg says

Ukrainian President Volodymyr Zelenskyy meets with US President Donald Trump’s Special Representative for Ukraine, General Keith Kellogg, in Washington D.C. on August 18, 2025. Ukrainian Presidency | Anadolu | Getty Images U.S. President Donald Trump’s outgoing Ukraine envoy said a deal to end the Ukraine war was “really close” and now depended on resolving two…

Read More