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Fed Chair Kevin Warsh said artificial intelligence is driving a surge in capex and that demand has risen markedly.

2026-07-01

Fed Chair Kevin Warsh said artificial intelligence is driving a surge in capex and that demand has risen markedly.

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2026-07-01

Beijing Economic‑Technological Development Area (Yizhuang) said at a June 29 seminar that Phase I of the Beijing No.1 Token Factory has reached daily capacity above 1.4 trillion tokens. Fifty percent of tasks are delivered within 6 seconds, 90% withi

Beijing Economic‑Technological Development Area (Yizhuang) said at a June 29 seminar that Phase I of the Beijing No.1 Token Factory has reached daily capacity above 1.4 trillion tokens. Fifty percent of tasks are delivered within 6 seconds, 90% within 10 seconds, and performance variability is contained within 20%. The project plans to link with Zhangjiakou and Ulanqab green‑power bases to form a Jing‑Jin‑Ji integrated compute cluster, targeting a long‑run daily capacity of 10 trillion tokens.
2026-07-01

China foreign minister Wang Yi held a phone call with U.S. Secretary of State Rubio on June 30. Wang urged both sides to turn leaders' consensus into concrete policies and actions, saying building a constructive strategic-stability relationship requi

China foreign minister Wang Yi held a phone call with U.S. Secretary of State Rubio on June 30. Wang urged both sides to turn leaders' consensus into concrete policies and actions, saying building a constructive strategic-stability relationship requires sustained, reciprocal steps. He called for expanding cooperative agendas, narrowing dispute lists and managing risks, and urging the U.S. to be extremely cautious on Taiwan-related matters. Both sides described the call as positive and constructive, agreed to jointly implement the leaders' consensus and to maintain flexible communications.
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