The European Union is worried. A big deal between two mining companies, MMG and Anglo American, might mess up Europe's supply of a crucial mineral called ferronickel. This mineral is super important for making high-quality, low-emission stainless steel. That's the kind of steel many industries rely on. The EU's competition watchdog, the European Commission, has star...
The world is moving towards digital money. China and Europe are already making big moves with their digital currencies. Yet, some in the U. S. are resisting the idea of a digital dollar. This hesitation could cost Americans a lot of money and privacy. Right now, private companies handle most digital payments. They collect and sell your data. A government-backed digi...
The American auto industry is at a crossroads. It is a crucial part of the country's industrial backbone. It has driven technological progress for over 100 years. It has shaped manufacturing methods, created new materials, and pushed forward robotics and sensors. The auto industry also fuels jobs and businesses far beyond the factory floor. It supports supply ch...
Tesla, the electric car maker, just had its worst sales drop ever. In the first three months of this year, sales fell by 13%. This means 50, 000 fewer cars were sold compared to the same time last year. To put it simply, Tesla delivered 336, 681 cars in this quarter. This is the biggest drop the company has seen in nearly three years. The company did not mention prot...
China is making big waves in the world of humanoid robots. In January, more than a dozen robots danced on a major stage, showing off their skills to over a billion viewers. This performance was a clear sign that China is becoming a major player in the robotics field. Videos of these robots doing impressive tricks have gone viral, and the Chinese government is backing...
Have you ever heard of DeepSeek? This is an AI company that's making big waves, and it was founded by Liang Wenfeng. Launched just a few months ago, DeepSeek is already challenging the giants in the AI industry, like OpenAI. So, what makes DeepSeek so special? It's bringing something new to the table – a more affordable and inclusive AI that doesn't just follow what'...
The United States government recently announced new rules that limit the export of AI chips to certain countries and allow unlimited access to allies like Japan and the UK. The goal is to keep advanced computing power within the U. S. and its closest allies, while blocking access to countries like China, Russia, and North Korea. The regulations, released late in Pres...
President Biden has a plan to keep the U. S. ahead in the AI race. He wants AI to be safe and trustworthy, and to boost national security. He's worried that if used wrong, AI could threaten our country, help authoritarian governments, and weaken democratic rules. Biden compares AI to big tech breakthroughs like radar and GPS. He has three main goals: lead in safe AI,...
The sudden surge of nimble pure-play electric vehicle (EV) makers from China has left traditional automakers scrambling to rethink their strategies. Led by companies like Nio, Li Auto, Xpeng, BYD, Zeekr Intelligent, and Xiaomi, Chinese EV makers have captured significant market share by leveraging low-cost labor, advanced technology, and aggressive international expa...