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Federal Reserve's Schmid: I agree with Chairman Warsh's analytical framework for the reasons for rising bond yields—economic growth, capital needs arising from AI investment, and geopolitical challenges.

2026-09-18

Federal Reserve's Schmid: I agree with Chairman Warsh's analytical framework for the reasons for rising bond yields—economic growth, capital needs arising from AI investment, and geopolitical challenges.

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2026-09-18

Li Qiang chaired a State Council executive meeting that directed authorities to increase supply of high-quality sports events and better utilize sports venues and event resources. The meeting called for coordinated development of competitive, profess

Li Qiang chaired a State Council executive meeting that directed authorities to increase supply of high-quality sports events and better utilize sports venues and event resources. The meeting called for coordinated development of competitive, professional and mass events and for integrating sports events with culture, tourism and commerce to improve spectator experience and amplify broader economic effects. It also ordered stronger event management and safety, the cultivation of professional event operators, and improvement of venue, personnel and institutional management systems.
2026-09-18

1. Ten departments: Accelerate the application of new technologies such as artificial intelligence and quantum computing to drug development, and explore new production models for pharmaceuticals and medical devices such as ultra-restricted manufactu

1. Ten departments: Accelerate the application of new technologies such as artificial intelligence and quantum computing to drug development, and explore new production models for pharmaceuticals and medical devices such as ultra-restricted manufacturing and space-based pharmaceuticals. 2. Reports indicate that Tesla's AI5 chip, using a 2nm process, has entered trial production at Samsung's Texas factory. 3. Nvidia CEO Jensen Huang: Nvidia's chip sales next year will be double this year's. 4. OpenAI is reportedly close to solving another "Millennium Prize problem." 5. The first national marine token factory has been established in Qingdao. 6. The first domestically produced full-stack lightweight intelligent agent model has been officially released. 7. Cloud computing service provider Nebius raises cloud computing resource prices; Nvidia's GPU costs increase by over 17%. 8. King Charles of the United Kingdom warns of catastrophic risks associated with artificial intelligence and calls for the establishment of a regulatory mechanism. 9. Zhipu GLM publicly demonstrates the first domestic large-scale model RSI practice: AI builds its own inference system on a domestic cluster of 100,000 GPUs. 10. Sugon and the China-ASEAN Countries Artificial Intelligence Application Cooperation Center signed a strategic cooperation agreement. 11. Google's DeepMind spin-off startup is valued at nearly $4 billion in just one month. 12. India approves loans exceeding 30 billion rupees each for four data centers to support AI development.
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