A 'watershed' Davos
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It’s been a busy January so far! Check out my latest stories from Beijing:
China didn’t grab many headlines at Davos, but it’s the elephant in the room
This year’s Davos is a “watershed” moment, said Hai Zhao, a director of international political studies at the Chinese Academy of Social Sciences, a state-affiliated think tank.
He said countries are likely to shift toward regional trade, rather than a global economy centered on the U.S.
My recent exclusive reporting:
Nvidia’s Huang to visit China as AI chip sales stall
He is also set to meet with potential buyers in China and discuss recent logistical challenges in supplying U.S.-approved Nvidia chips into the market, according to a person with direct knowledge of the travel plans.
Investors are now valuing Alibaba-backed Moonshot AI at $4.8 billion, two people familiar with the matter told CNBC, up by $500m from the valuation achieved last month. The investor interest comes after two rival Chinese AI companies — Zhipu and MiniMax — surged after going public in Hong Kong earlier this year.
PixVerse releases AI tool for generating video in real time
Exclusive interview with co-founder Jaden Xie about the business potential, financing plans and the future of AI slop
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