Chinese AI models like GLM-5.2 are quickly gaining traction in the US due to their advanced capabilities and lower costs, challenging American AI dominance. These open-source models, developed by firms such as z.AI, Tencent, and Xiaomi, offer competitive performance in coding and other tasks, prompting concerns about national security and intellectual property theft. US companies and officials are wary of China's rapid AI development and data extraction practices, while firms like Microsoft consider integrating Chinese models to offer more affordable AI solutions. This shift could reshape the AI landscape and economic impact in the US.
Microsoft and Chevron announced a plan to develop a 2.67-gigawatt natural gas power plant in West Texas to supply electricity for Microsoft's AI and cloud data centers. The plant will use large turbines from GE Vernova and Solar Turbines, with Micros...
Microsoft CEO Satya Nadella emphasized the need for AI companies to secure societal approval as concerns grow about AI's impact on jobs and safety. He warned against viewing AI solely as a cost-cutting tool and advocated for reorganizing jobs to enha...
Chevron has entered a 20-year agreement to supply power to Microsoft's AI data centers using new natural gas plants in West Texas. This deal marks Chevron's largest step into the data center energy market, supporting Microsoft's growing demand for re...
The Schwab U.S. Large-Cap Growth ETF (SCHG) provides concentrated exposure to leading U.S. technology companies heavily involved in AI, including Nvidia, Apple, and Microsoft. It is positioned to benefit from a projected multi-trillion-dollar increas...
The Amplify Video Game Leaders ETF (GAMR) recently rebalanced its portfolio by adding International Games System, a Taiwan-based company known for arcade and mobile gaming. This change replaces Capcom and diversifies GAMR's exposure within the gaming...
