Oil Prices Now Aligning More With Fundamentals, Lombard Odier's Woods Says
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
21 minutes ago
- Yahoo
Huawei's AI Scandal Just Exploded--And Investors Should Be Paying Attention
Huawei is pushing backhard. Over the weekend, its secretive Noah's Ark Lab broke from its usual silence to address accusations that its new AI model, Pangu Pro MoE, borrowed code without proper credit. The model, which runs on Huawei's own Ascend chips (their homegrown answer to Nvidia's GPUs), had its source code picked apart on GitHub, where a group dubbed HonestAGI claimed it spotted unacknowledged code fragments. That post vanished. But another one, titled Pangu's Sorrow, quickly followedalleging that Huawei's team had been under intense pressure to deliver and fell behind domestic rivals in the race. In a rare rebuttal, Huawei said it fully complied with open-source licenses and welcomed technical discussion, not speculation. This isn't just a code reviewit's a window into the internal pressure mounting inside China's AI champions. With Alibaba and DeepSeek making waves and catching investor attention, Huawei's rare public statement signals how high the stakes are becoming. The companylong a symbol of China's tech self-sufficiencynow finds itself on the defensive in one of the hottest battlegrounds: sovereign AI. The fact that Huawei had to respond at all speaks volumes. IP compliance, innovation speed, and trust are no longer soft issuesthey're table stakes in an environment where reputations are earned (or lost) in public. For global investors watching the AI value chainfrom chipmakers like Nvidia (NASDAQ:NVDA) to downstream platforms like Tesla (NASDAQ:TSLA)this is another flashing signal. The game isn't just about who builds the fastest model. It's also about who's playing fair, who's shipping on time, and who's earning credibility in a world that increasingly demands transparency. As China's AI ecosystem matures, these reputational battles could become just as important as the hardware wars. This article first appeared on GuruFocus. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Wall Street Journal
22 minutes ago
- Wall Street Journal
U.S. Stocks Fall as Trump Renews Trade Tensions - What's News
P.M. Edition for July 7. President Trump extended the deadline on so-called reciprocal tariffs to Aug. 1 while announcing 25% tariffs on goods from Japan and South Korea. Several more nations received similar notifications. Plus, heavy rain continues in Texas, where the death toll from the flash floods has risen to 90. And President Trump is meeting Israeli Prime Minister Benjamin Netanyahu at the White House. WSJ national security correspondent Michael Gordon discusses how a changed Middle East could be ripe for Trump's dealmaking diplomacy. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter.
Bloomberg
24 minutes ago
- Bloomberg
We Need an FAA for Artificial Intelligence
Save This is Bloomberg Opinion Today, a dual-mandate agency tasked with regulating and promoting Bloomberg Opinion's opinions. Sign up here. Let's say you helped invent a revolutionary ice cube that stays frozen forever. Everyone from food manufacturers to Big Pharma wants to get their hands on the recipe. Your boss — let's call her Pam Saltman — says your company's sole mission is to ensure that your ice cubes benefit all of humanity. You love that idea, but when a recruiter for your main competitor offers you $300 million — enough money to buy the entire Red Hot Chili Peppers catalog — you're tempted to hop jobs, even though forever-frozen ice is just one aspect of their business. Do you sell out, or do you stick with the feel-good mission of your current employer?
