Alibaba Sparks AI Price War With Massive Discounts: Report biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.
Baidu Inc is expanding beyond its traditional search business by forming connections with US tech giants Apple and Tesla, focusing on AI and autonomous driving technologies.
Baidu Inc (NASDAQ:BIDU) is forming tighter connections with U.S. tech giants like Apple Inc (NASDAQ:AAPL) and Tesla Inc (NASDAQ:TSLA), leveraging China’s overseas data transfer restrictions to expand its focus beyond its traditional search business. Reports indicated that Apple has engaged in preliminary discussions to incorporate Baidu’s generative AI technology into its devices. CEO Tim Cook’s Shanghai store launch highlights Apple’s ambitions in the country despite geopolitical tensions. Baid
ASML Holding NV (NASDAQ:ASML) and Taiwan Semiconductor Manufacturing Co (NYSE:TSM) can remotely turn off their sophisticated chipmaking machines if China invades Taiwan, Bloomberg reports. U.S. government officials have discussed with Dutch and Taiwanese authorities the potential consequences if China’s aggression towards Taiwan escalates into an attack. These discussions have raised concerns given Taiwan’s critical role in global semiconductor production, Also Read: Pay More for Chips Made Outs