Alibaba Debuts Upgraded Qwen 3 AI that It Claims to Outperform DeepSeek R1
TMTPOST -- Alibaba Group unveiled Qwen 3 on Tuesday, a next-generation upgrade of its flagship AI model featuring enhanced hybrid reasoning capabilities. Qwen3-235B-A22B, features 235 billion parameters but requires activating only 22 billion — roughly one-third the parameter size of DeepSeek-R1. This design dramatically cuts operating costs while achieving performance that surpasses leading models such as DeepSeek-R1 and OpenAI-o1, making it the most powerful open-source model available globally. The announcement comes as China’s AI landscape heats up, driven by the rapid rise of local startup DeepSeek, which earlier this year claimed to deliver high-performing models at lower costs compared to Western rivals. Baidu, China’s top search engine, also stepped up its efforts last Friday by la
Nvidia to Build First U.S.-Made AI Supercomputer, Partnering with TSMC and Foxconn in $500 Billio...
(Image source: TMTPost AGI Editor Lin Zhijia) AsianFin -- AI chip giant Nvidia announced late Sunday that it will manufacture its first AI supercomputer entirely in the United States, marking a major reshoring move amid growing geopolitical and trade tensions. The project will feature Nvidia’s Blackwell AI chip, which it says will become the most powerful AI chip ever produced domestically. Over the next four years, Nvidia will collaborate with TSMC, Foxconn, Wistron, Amkor, and SPIL to build up to $500 billion worth of AI infrastructure across the U.S., the company said. Blackwell chip production has already begun at TSMC’s Arizona facility. Nvidia will also break ground on its first U.S. factories, co-developing supercomputer production plants with Foxconn in Houston
China Unveils First Open-Source Humanoid Robot Fourier N1
China's First Open-Source Verified Humanoid Robot Fourier N1 AsianFin - Fourier Robotics has launched China's first open-source, engineering-verified humanoid robot, the Fourier N1, marking a major milestone in China's robotics industry. Standing at 1.3 meters tall and weighing 38 kg, the N1 features a compact hardware design with 23 degrees of freedom (excluding dexterous hands). It achieves a top speed of 3.5 m/s, peak joint torque of 96N.m, and over two hours of continuous operation with a swappable battery. During testing, the N1 completed 1,000+ hours of outdoor trials, including navigating 15 to 20° slopes, climbing 20 cm stairs, and recovering from falls—proving its durability and adaptability. Unlike proprietary models, the N1 is fully open-
Trump Threatens Countries will Face Higher Tariffs if No Deal Reached, but Refuses to Rule Out Fu...
TMTPOST -- U.S. President Donald Trump on Thursday threatened the hefty reciprocal tariffs will return if countries fail to reach a deal with his administration within the 90-day period of pause, though he refused to rule out further pause on the sweeping tariffs. Credit:Xinhua News Agency “If we can’t make the deal that we want to make or we have to make or that’s, you know, good for both parties — it’s got to be good for both parties — then we go back to where we were,” Trump told reporters at a cabinet meeting on Thursday. But when asked about if that means he would not extend the pause, Trump said, “We’ll have to see what happens.” Trump replied “it’s very close” when questioned on where his administration is on striking a deal with the first foreign nation on tariffs, not s
US Stock Market Dives after an Epic Rally as China Repeatedly Vows to Fight to the End over Trump...
TMTPOST -- The U.S. stock market on Thursday retreated on concerns over an escalating trade war between the world’s top two economies. Credit:China Daily The S&P 500 finished nearly 3.5% lower on Thursday following a 9.5% rally a day earlier, the large-cap benchmark’s biggest gain since October 2008 and the third best day since World War II, according to FactSet. The Nasdaq Composite dived 4.3%, paring part of gains on Wednesday, in which it surged 12.2%, its largest one-day jump since January 2001 and the second best day ever. The Dow Jones Industrial Average fell 1014.79 points, or 2.5%, after the index climbed 2962.86 points, or nearly 7.9% on Wednesday. That represented a largest on-day point gain on record and its best daily performance by percentage points since March 2020. The f
EU Suspends Retaliatory Tariffs for 90 Days to Allow US Trade Talks
TMTPOST -- The Europeans Union on Thursday decided to temporarily pause the implementation of its countermeasures for talks over possible trade deals after U.S. President Donald Trump announced the same pause on his sweeping reciprocal tariffs. Credit:Maros Sefcovic “We took note of the announcement by President Trump. We want to give negotiations a chance. While finalising the adoption of the EU countermeasures that saw strong support from our Member States, we will put them on hold for 90 days, ” European Commission President Ursula von der Leyen said in a statement on Thursday. Von der Leyen still cautioned U.S. higher tariffs on the EU. “If negotiations are not satisfactory, our countermeasures will kick in. Preparatory work on further countermeasures continues,” head of the
US Stocks Skyrocket on Trump's 90-Day Pause on Most Reciprocal Tariffs
TMTPOST -- American stock market skyrocketed on Wednesday after U.S. President Donald Trump announced a 90-day pause on reciprocal tariffs for most of targeted countries. Credit:China Central Television The S&P 500 closed 9.5% higher, logging its best day since October 2008. The rally, which snapped a four-session streak of losses, marked the benchmark’s third biggest gain since World War II, according to FactSet. The Nasdaq Composite surged around 12.2% , registering its largest one-day jump since January 2001 and the second-best day ever. The Dow Jones Industrial Average settled 2962.86 points, or nearly 7.9%, higher. That represented a largest on-day point gain on record and its best daily performance by percentage points since March 2020. The stock market volatility came on heels o
EU Members Approve First Wave of Retaliatory Tariffs, Hitting Up to 21 Billion Euros of US Imports
TMTPOST -- The European Union members on Wednesday gave the nod on the first wave of retaliation against the Trump administration’s tariffs, widening the global trade war. Credit:the European Commission EU Member States have voted in favour of the European Commission's proposal to introduce trade countermeasures against tariffs on steel and aluminum imports imposed by the United States, the Commission announced in a statement on Wednesday. The vote of approval means countermeasures will come into force once the Commission’s internal procedures are concluded, according to the EU’s executive branch. “The EU considers U.S. tariffs unjustified and damaging, causing economic harm to both sides, as well as the global economy. The EU has stated its clear preference to find negotiated outcom
Around 70 Countries Have Reached Out on Tariff Talks, Says U.S. Treasury Secretary
CFP TMTPOST -- U.S. Treasury Secretary Scott Bessent said on Monday that "maybe 70 countries" have approached the White House to discuss trade in recent weeks. In an interview with Fox News, Bessent expressed optimism that productive negotiations could lead to reduced tariff levels—particularly for nations that choose not to impose retaliatory measures, he told Fox News. "It is my hope that through good negotiations, tariff levels will come down for countries that don't retaliate," he said. China China will resolutely take countermeasures to safeguard its rights and interests should the United States escalate its tariff measures, the country's commerce ministry said Tuesday. “The U.S. threat to escalate tariffs on China is a mistake on top of a mistake, once again revealing its coercive ta
Canada Announces 25% Retaliatory Tariffs on Certain US Cars Starting April 9
TMTPOST -- Canada announced on Tuesday it would start levy tariffs on certain U.S. cars in retaliation for the Trump administration’s sweeping auto tariffs. Credit:China Central Television Canada’s new countermeasures announced last week in response to the unjustified tariffs imposed by the United States on the Canadian auto industry will come into force at 12:01 a.m. Eastern Time on April 9, Wednesday, the Minister of Finance François-Philippe Champagne confirmed in a statement released on Tuesday. The upcoming tariffs include 25% tariffs on non- United States-Mexico-Canada Agreement (USMCA) compliant fully assembled vehicles imported into Canada from the United States, according to the statement. Those non-Canadian and non-Mexican content of USMCA compliant fully assembled vehicles impor