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Local business offers alternative options For more than 25 years, Luke Temple has been fascinated by the healing power of cannabis. After returning to Texas from California and learning about hemp legalization, he saw an opportunity to build something meaningful. That vision became T&T Roots, a health and wellness comp
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Exclusive-China's DeepSeek taps CITIC Securities for domestic IPO, sources say
3+ day, 22+ hour ago (515+ words) The Deepseek logo and words reading "Artificial Intelligence AI" are seen in this illustration taken on January 29, 2025. REUTERS/Dado Ruvic/Illustration HONG KONG/SINGAPORE, Sept 9 (Reuters) - Chinese artificial intelligence startup DeepSeek has tapped CITIC Securities to prepare for an initial…...
US accuses Chinese AI firms of 'malicious' copying of AI technology
4+ day, 9+ hour ago (307+ words) The Deepseek logo and words reading "Artificial Intelligence AI" are seen in this illustration taken on January 29, 2025. REUTERS/Dado Ruvic/Illustration By Courtney Rozen and AJ Vicens WASHINGTON, Sept 8 (Reuters) - The U.S. government on Tuesday accused Chinese artificial intelligence companies of…...
Exclusive-China's Moonshot in talks with Microsoft, Amazon, Google over K3 revenue sharing, sources say
2+ week, 3+ day ago (569+ words) BEIJING/SINGAPORE, Aug 26 (Reuters) - China's Moonshot AI is negotiating revenue-sharing agreements with Microsoft, Amazon and Alphabet's Google that would allow the U.S. cloud giants to host its blockbuster Kimi K3 model, three people familiar with the talks said. Any deal could mark…...
Alibaba launches Wan3.0 AI video model after $10 billion share sale
2+ week, 5+ day ago (204+ words) A man walks next to the Alibaba booth with the company logo at China International Fair for Trade in Services (CIFTIS) in Beijing, China, September 10, 2025. REUTERS/Maxim Shemetov The logo of Alibaba Group is lit up at its office building…...
Alibaba shares fall 8% after $10 billion Hong Kong share sale
2+ week, 6+ day ago (241+ words) Aug 24 (Reuters) - Alibaba shares fell 8% in early Hong Kong trade on Monday after the tech company finalised a HK$80 billion ($10.21 billion) share placement at HK$112.70 apiece, in a deal aimed at funding artificial intelligence-related development. The Chinese e-commerce and cloud…...
Alibaba plans $10 billion Hong Kong share placement to fund AI spending
2+ week, 6+ day ago (450+ words) Aug 23 (Reuters) - China's Alibaba said on Sunday it plans to sell HK$80 billion ($10.2 billion) in a share placement to fund artificial intelligence-related development. A deal by the Chinese e-commerce and cloud computing giant would mark the largest-ever primary follow-on offering…...
Baidu CEO vows to return Ernie to AI frontier as revenue miss sinks shares
3+ week, 4+ day ago (349+ words) A staff member works near a Baidu logo at its office in Beijing, China March 17, 2026. REUTERS/Florence Lo Aug 18 (Reuters) - Baidu CEO Robin Li vowed on Tuesday to bring the company's Ernie large language model back to the frontier of…...
US advisory body says China's data dominance gives it AI advantage
3+ week, 4+ day ago (479+ words) A person visits the World Artificial Intelligence Conference in Shanghai, China July 26, 2025. REUTERS/Go Nakamura Aug 18 (Reuters) - A U.S. congressional advisory body said on Tuesday that China is commercialising and monetising data as a strategic national asset to power its AI…...
Baidu revenue misses as advertising slide outweighs AI cloud gains
3+ week, 4+ day ago (272+ words) A staff member works near a Baidu logo at its office in Beijing, China March 17, 2026. REUTERS/Florence Lo Aug 18 (Reuters) - China's Baidu missed Wall Street estimates for second-quarter revenue on Tuesday as declines in its core advertising business offset growth…...
Republican senator urges Trump to back US open-weight AI models amid industry debate
4+ week, 1+ day ago (298+ words) WASHINGTON, Aug 14 (Reuters) - Republican Senator Jim Banks is urging the Trump administration to develop incentives to encourage U.S. tech companies to develop open-weight AI models, according to a letter released on Friday, adding to a growing debate over the industry's future....