Taiwanese chipmaker TSMC warned on Thursday that first-quarter revenue would drop as much as 5% and it would slash annual investment as the major Apple supplier expects softer demand due to a slowing global economy.
Countries participating in the negotiations, including the United States, the United Kingdom, and European Union (EU) member states, are expected to sign the first legally binding international AI treaty.
The stock price of Chinese electric vehicle manufacturer Nio is soaring. Nio announced that its second-quarter revenue increased by 98.9% compared to the previous year, reaching $2.46 billion (approximately 3.2829 trillion won).
OpenAI announced that it has surpassed 1 million paid users just one year after launching the first business version of its generative AI-based chatbot.
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