China's search giant just proved you can bleed revenue and still call it a win if the right parts are growing. Baidu's revenue fell 1% but beat estimates, marking the first quarter its AI business outpaced legacy advertising income
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The world's most volatile asset just collided with the world's most volatile shipping lane, and the timing couldn't be worse for anyone who bought the $80,000 breakout.
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The country that built TikTok just taught Silicon Valley what happens when you ship faster than you fund raise. ByteDance and Kuaishou now produce AI-generated video quality that exceeds western competitors, especially in advertising and entertainment applications
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China's immediate walkback from "historic" to "preliminary" turned a $250B victory lap into a masterclass in political theater versus actual commerce. Trump visited Beijing May 14-15 with 17 CEOs in tow, roughly 40% with crypto ties, to negotiate what headlines called historic trade deals
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The bottleneck in the AI race isn't talent or chips anymore—it's kilowatts. China is massively outbuilding the US in power generation, transmission infrastructure, and renewables, positioning itself to power AI data centers at scale while US electricity grids strain
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The White House just made Nvidia's datacenter roadmap a bilateral talking point—turns out export controls matter less when the president handles sales himself. Trump and Xi discussed Nvidia's H200 chips directly, elevating AI compute access to head-of-state diplomacy
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The $80 billion selloff says more about who wasn't buying on the way up than who's selling on the way down. Bitcoin fell below $78,000 after Iran's Hormuz toll plan deepened a two-day, $80 billion crypto selloff that began with China-Taiwan tensions earlier in the week.
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Nvidia just created an entire Oracle in four days—and did it with zero revenue from the world's largest AI market. Nvidia added $591B in market cap over four days, more than Oracle's entire $588B valuation, pushing its total past $5.5T
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China's AI infrastructure race just got a $4 billion valuation benchmark, and it's happening in Hong Kong while Silicon Valley watches capital flow east. Shenzhen Adtek Technology is eyeing a Hong Kong IPO at a $4 billion valuation, joining a surge of Chinese data center and AI-related listings
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Jensen Huang just changed his RSVP to the highest-stakes business dinner of the decade. Nvidia CEO Jensen Huang joined Apple's Tim Cook and Tesla's Elon Musk on Trump's trade summit trip to China, a 36-hour visit with Xi Jinping covering war, tariffs, and Taiwan
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The infrastructure war for AI compute is moving to Malaysia, and private equity smells blood in the water. AirTrunk, owned by Blackstone, is raising a $2.3 billion loan to build data centers in Malaysia, marking one of the largest AI infrastructure bets in Southeast Asia
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Alibaba just proved you can miss your revenue target and still send your stock soaring—if you promise to triple AI sales while everyone else is still figuring out how to charge for it.
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Battery makers don't usually buy data centers unless they see something coming that needs both. CATL-linked investors are buying up to 38% of VNET Group, a Chinese data center operator, for $942 million
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Hollywood's gatekeepers just handed $12 million to the thing that makes their entire cost structure obsolete. TrueShort raised $12 million in seed funding led by Keith Rabois at Khosla Ventures, with Jeffrey Katzenberg's WndrCo, A24's Ravi Nandan, and General Catalyst joining the round
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China's AI spending spree just hit the quarterly earnings wall, and investors want their money back. Alibaba and Tencent both missed revenue estimates despite ramping up AI infrastructure spending over the past year
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China's gaming and advertising giant just proved that spending billions on AI infrastructure doesn't automatically translate to revenue growth. Tencent posted its slowest revenue growth in six quarters, missing analyst estimates despite heavy AI investment
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The world's most powerful chip maker just became a diplomat—and that tells you everything about who holds leverage in the AI arms race. Nvidia CEO Jensen Huang joined Trump on Air Force One to Beijing as a last-minute addition, putting AI front and center at the Trump-Xi summit
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When the president brings a chipmaker CEO on a 36-hour diplomatic sprint, you're not negotiating tariffs—you're negotiating the future of compute.
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The chip company nobody talks about just became impossible to ignore, and Nvidia's data center monopoly might have finally met its match.
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When nation-states start printing money to win the AI race, the hardest money on earth becomes the obvious escape hatch. Arthur Hayes predicts Bitcoin could surge past $126K as governments flood markets with liquidity to fund AI infrastructure and compete for technological supremacy
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