Chris Liu

According to the China Daily , which cited informed sources, Elon Musk's recent visit to China included not only seeking approval to launch Tesla's most advanced FSD software but also proposing tests for autonomous taxis.

Nvidia, a leader in the graphics processing unit (GPU) industry, is gearing up for the release of its next-generation AI chip, the R100, which is anticipated to begin mass production in the last quarter of 2025. According to industry analyst Guo Mingyi, the highly anticipated chip is set to bring significant advancements in AI computing power while also addressing critical energy consumption issues prevalent in AI server operations and data center construction.

Tesla is set to invest over $500 million this year in expanding its Supercharger network, according to CEO Elon Musk, despite recent upheavals including the dismissal of the entire Supercharger team. This investment aims to add thousands of new chargers across the United States, a bold move that underscores the company's commitment to enhancing its charging infrastructure even as it navigates significant internal changes.

The European Union is poised to intensify its regulatory scrutiny of Microsoft with new antitrust charges concerning the integration of its videoconferencing app, Teams, into its broader software suite. This move marks a significant shift in Brussels' approach towards the tech giant, potentially ending a nearly decade-long period of relative regulatory peace.

OpenAI has unveiled its latest large language model, GPT-4o. This new iteration of the technology promises to make ChatGPT smarter, more versatile, and accessible to a broader audience. The announcement, made during a live demonstration at OpenAI's San Francisco headquarters, highlighted the model's ability to turn ChatGPT into a highly interactive digital personal assistant.

Apple Inc. is gearing up to introduce its Vision Pro mixed-reality headset to markets outside the United States, according to a report by Bloomberg News . This move is part of the tech giant's strategy to invigorate demand for its high-priced device, which has seen waning interest since its initial excitement. The Vision Pro, priced at $3,499, represents one of Apple's most significant bets in recent years.

Alibaba Group Holding Ltd. reported a significant 86% decline in net profit for its fiscal fourth quarter, sending its shares down by 5% in premarket trading on Tuesday. The Chinese e-commerce giant attributed the steep profit drop to valuation changes in its equity investments. Despite the profit downturn, Alibaba managed to surpass revenue expectations, reporting 221.87 billion yuan ($30.7 billion) against the forecasted 219.66 billion yuan, according to data from LSEG.

OpenAI co-founder and chief scientist Ilya Sutskever announced his departure from the company on Tuesday, signaling a significant shift in the leadership dynamics of the Microsoft-backed artificial intelligence startup. Sutskever's exit follows a tumultuous period marked by internal conflicts and the recent launch of OpenAI's latest AI model, GPT-4o.

Frank McCourt, a real estate billionaire and former owner of the Los Angeles Dodgers, has announced his intention to acquire TikTok as part of a broad initiative to create a healthier internet. McCourt's bid comes as TikTok faces a potential ban in the United States, following President Joe Biden's signing of a law last month that requires the platform to find a new owner or face prohibition.

On May 16, Alibaba's shares listed in the U.S. opened up 1.2% and increased throughout the morning. By midday, the shares had soared over 7%, peaking at a 7.5% gain and maintained around a 7% increase, potentially setting a new closing high since November 15, 2023.