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China Asking Its Tech Giants to Ditch Nvidia Chips and Buy Local
Chinese officials are asking domestic tech giants to buy locally-made AI chips instead of Nvidia’s, The Information reported on Monday. Major tech companies like Alibaba, Baidu, TikTok parent company ByteDance, and Tencent were told to pare back their spending on foreign-made chips like Nvidia’s, the outlet reported, citing people familiar with the matter. Chinese tech […]
Toronto Real Estate Board demands brokers halt online sales stats
This week, three real estate brokers are cutting off customers’ online access to recent final home sales prices — coveted information that can help buyers and sellers gauge a property’s worth — because of a threat made by the Toronto Real Estate Board that they risk losing their lifeline to…
Biotechs line up for IPOs in bullish sign for US listings market
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Alumis and Upstream Bio, two US start-ups developing medicines for inflammatory diseases, have confidentially filed for initial public offerings as dozens more biotechs gear up to go public this year, according to people familiar with […]