Financial Times:
As China’s working-age population shrinks, a consensus is emerging that the country needs to deploy AI embodied robots in as many tasks as possible, as soon as possible.— The country’s workforce is expected to fall to 300 million by the end of the century. Beijing wants humanoids to reduce the labor gap.
Trending
- As China’s working-age population shrinks, consensus emerges that it needs to deploy embodied AI robots in as many tasks as possible, as soon as possible (Financial Times)
- Digital advocacy companies like CiviClick and Influent appear to be using AI to generate massive public comments on local energy projects, primarily favoring the use of fossil fuels (Bloomberg)
- Hang Ten Systems, led by former Infosys CEO Vishal Sikka, launches with $32 million in funding led by Mayfield to help companies use AI to run software at lower costs (Jagmeet Singh/TechCrunch)
- A crisis in Taiwan and the American industrial base – The Diplomat
- Trump threatens to block Republicans’ midterms if they don’t pass SAVE Act
- Qualcomm expects $15 billion in data center chip sales by 2029, raises forecast for non-handset chip revenue to $40 billion by 2029, from $22 billion; QCOM jumps more than 13% after hours (Reuters)
- JPMorgan Unveils $50 Billion Buyback, Goldman Sachs Raises Dividend After Fed Stress Test
- US banks can withstand $708 billion in losses

