McKinsey has instructed its mainland China business to steer clear of projects deploying generative artificial intelligence, the Financial Times reported on Wednesday, citing two people with knowledge of the matter.

The plan outlines over 90 federal actions, including ensuring the government buys AI free from “ideological bias” and mandating broad LLM access across agencies.

AI that’s been trained on English, and not one of Southeast Asia’s hundreds of different languages, “will perhaps not meet the requirements of Singapore."

OBAMA'S REBUKE: Former President Barack Obama’s office issued a rebuke of Trump yesterday over his accusation that his predecessor committed “treason” and rigged the 2016 and 2020 presidential elections.

Alibaba dominates China's AI race, drives cloud adoption, and remains undervalued at just 13x earnings. Click here to read an analysis of BABA stock now.

Trump, 79, is set to sign several AI-related executive orders Wednesday afternoon — including an expected action to curb “woke” models.

Amazon is closing its artificial intelligence lab in Shanghai. This decision is due to increasing tensions between the United States and China. Other

US lags behind China in AI race due to energy constraints, says report by AI company Anthropic. China added 400 GW of power capacity in 2024, US only added several dozen. Concerns raised about falling behind in global tech competition.

After years on the sidelines, diversification through Chinese equities may again earn its place in global portfolios

President Trump is unveiling an “AI Action Plan,” shaped by Silicon Valley tech leaders who supported his campaign.