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Alibaba reveals more powerful Zhenwu AI chip, new LLM
Alibaba announced updates to its AI offerings, including a more powerful chip and a new large language model.
European stocks to open lower: UK inflation and elevated bond yields in focus
European stocks are expected to open in negative territory on Wednesday as global markets keep a close eye on elevated bond yields and UK inflation data.
UK inflation rate eases to 2.8% in April, but slowdown is expected to be short-lived
Economists polled by Reuters had expected the inflation rate to drop back to 3%, cooling from 3.3% in March.
Stocks under pressure as correction fears grow and record rally defies geopolitical turmoil
"'The pendulum could swing backwards," analysts said on Tuesday amid mounting warnings that equities could soon change course.
Putin-Xi talks revive stalled Russian gas pipeline as Iran war rattles energy markets
Putin is expected to hold talks with Chinese leader Xi Jinping on Wednesday, with the long-stalled Power of Siberia 2 natural gas pipeline topping the agenda.
China confirms order for 200 Boeing planes, calls aviation key area for U.S. cooperation
China has agreed to buy 200 Boeing jets, its first major order in nearly a decade, U.S. President Donald Trump said last week.