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China could be the ‘big winner’ in the AI race, thanks to abundant power, cheap manufacturing, and an open-source craze

Mohit Kumar, Jefferies’s global macro strategist, cites valuations, cheap power, and “wider adoption of AI” for his bullishness on China’s tech sector.

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Supermicro—accused of smuggling $2.5 billion in Nvidia chips and servers to China—has been here before, with Iran
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More Big TechPage 21 of 52
A trader works during the Beta Technologies Inc. initial public offering (IPO) on the floor at the New York Stock Exchange (NYSE) in New York, US, on Tuesday, Nov. 4, 2025.
InvestingEven as stocks slide, Wall Street is at ‘historically extreme valuations,’ warns Apollo chief economist
By Eleanor PringleNovember 7, 2025
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Arts & EntertainmentMark Zuckerberg says ‘The Social Network’ nailed his wardrobe: ‘Every single shirt or fleece they had in that movie is a shirt or fleece that I own’
By Dave SmithNovember 7, 2025
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SuccessElon Musk, the world’s first trillionaire: Tesla shareholders approve unprecedented $1 trillion pay package—despite disapproval from investors and even the Pope
By Preston ForeNovember 6, 2025
Future of WorkLaid off? Tech recruiting exec shares 4 tips for getting back on your feet—and on the job market
By Brianna Monsanto and IT BrewNovember 6, 2025
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InvestingNvidia falls as much as 4.2% amid lurch downward as traders digest earnings
By Damian J. Troise and The Associated PressNovember 6, 2025
Zuckerberg, Chan
InnovationMark Zuckerberg, Priscilla Chan shift philanthropy focus to how AI can accelerate science
By Barbara Ortutay and The Associated PressNovember 6, 2025
White House Senior Advisor, Tesla and SpaceX CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House on March 24, 2025 in Washington, DC.
Big TechThe pope hates it. Norway hates it. Elon Musk calls critics of the plan ‘corporate terrorists.’ Welcome to Tesla’s trillion-dollar showdown
By Bernard Condon and The Associated PressNovember 6, 2025
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HealthGen Z’s brains are ‘growing around their phones’ the way a tree warps around a tombstone, ‘Anxious Generation’ author warns
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AIMicrosoft, freed from relying on OpenAI, joins the race for ‘superintelligence’—and AI chief Mustafa Suleyman wants to ensure it serves humanity
By Sharon Goldman and Jeremy KahnNovember 6, 2025
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Big TechGoogle, Epic Games reach ‘comprehensive settlement’ over long-running Play Store antitrust case
By The Associated PressNovember 6, 2025
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AIGoogle Maps, now brought to you with an AI conversational companion
By Michael Liedtke and The Associated PressNovember 6, 2025
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Big TechMeta hit with cease-and-desist letter over use of ‘PG-13 ratings’ for Instagram content
By Barbara Ortutay and The Associated PressNovember 6, 2025
InvestingRobinhood says prediction markets now bring in $100 million in annual revenue—but firm has no plans to launch its own
By Jeff John RobertsNovember 6, 2025
Big TechFord CEO Jim Farley strikes a cautious tone on Apple’s new CarPlay Ultra and its increasing control over cars: ‘Do you want the Apple brand to start the car?’
By Marco Quiroz-GutierrezNovember 5, 2025
A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Oct. 29, 2025.
Big TechWall Street cheers bad news on jobs, sending stocks higher and betting that a soft labor market will force Powell’s hand in December
By Damian J. Troise and The Associated PressNovember 5, 2025
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InvestingA top analyst warned of a ‘prisoner’s dilemma’ and ‘AI wobble’ in the stock market just days before Palantir seemed to confirm everyone’s fears
By Nick LichtenbergNovember 5, 2025
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SuccessPalantir says college is no longer a reliable training ground—so it hired 22 high school students instead: ‘Skip the debt. Skip the indoctrination.’
By Emma BurleighNovember 5, 2025
Co-founders Esha Manideep (CTO, Left), Varun Vummadi (CEO, Right)
AIExclusive: Voice AI startup Giga raises $61 million to take on customer service automation
By Beatrice NolanNovember 5, 2025
AIMeet the power broker of the AI age: OpenAI’s ‘builder-in-chief’ helping to turn Sam Altman’s trillion-dollar data center dreams into reality
By Sharon GoldmanNovember 5, 2025
Palantir CEO Alex Karp said the tech giant “was really the first company to be completely anti-woke" on Monday.
Big TechPalantir CEO celebrates ‘anti-woke’ playbook and ‘cultus’ winning strategy after yet another earnings beat
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Startups & VentureRoelof Botha steps aside as Sequoia’s steward, passing the role to Alfred Lin and Pat Grady
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Big TechUber says ‘unpredictable’ issues involving ‘legal proceedings or governmental investigations’ took a $479 million bite out of its bottom line
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Michael Burry stands in front of a dark background with "The Big Short" printed on it.
Investing‘Big Short’ investor Michael Burry follows up cryptic AI bubble warning with bearish stock activity on Nvidia and Palantir
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By Emma BurleighNovember 4, 2025
Traders work on the floor of the New York Stock Exchange (NYSE) in New York on October 30, 2025.
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Big TechPalantir quarterly revenue hits $1.2B, though shares dip in after-hours trading
By Jessica MathewsNovember 3, 2025
AIOpenAI signs $38 billion deal to power AI tools with ‘hundred of thousands’ of Nvidia chips via Amazon Web Services
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Big TechAmazon is experimenting at Whole Foods by selling mainstream brands like Pepsi, Kraft, and Chips Ahoy—and some will be hand-delivered by robots
By Brendan Cosgrove and Morning BrewNovember 3, 2025
An aerial view of one of Microsoft's data centers on a sunny day
InvestingThis ETF is handily beating the S&P 500—and analysts say it could be one of the big winners of the AI boom
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