Royale Capital™
Royale Capital™
February 14, 2025 at 05:30 AM
💰 Alibaba and Apple: AI Collaboration for the Chinese Market Apple has entered into an agreement with Alibaba to integrate the Chinese company's AI technologies into the iPhone. This is a strategic move amid growing competition in the artificial intelligence sector. ⚫ Growing Interest in Chinese AI Alibaba's stock rose by 9.2% following the deal and the overall optimism surrounding the prospects of the Chinese AI sector. Investors have renewed interest in the industry after the success of DeepSeek, which demonstrated the competitiveness of Chinese models at lower costs. ⚫ Financial Sector Under Pressure A black day for the global real estate market: BlackRock's fund lost an office complex in Shanghai due to payment issues, while Chinese real estate developer stocks dropped by 3.9%. ⚫ Collapse of the Honda and Nissan Deal The automakers have officially ended merger talks. Nissan is now forced to find a new partner, while Foxconn has expressed readiness to purchase Renault’s stake in the Japanese automaker. ⚫ Global Investments in AI France announced a €109 billion ($113 billion) investment in AI in response to China and the U.S.'s ambitions. Among the investors are Brookfield, Iliad, Orange, and Thales. The development of the AI sector is accelerating, and strategic alliances and government investments are becoming key drivers of global competition. ⚡ECONOMY NEWS⚡

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