Technology

Apple’s Vision Pro starts deliveries at a higher price in China than in the U.S.

HANGZHOU, China — Apple‘s mixed-reality headset began deliveries in China on Friday with a retail price roughly 18% higher than…

Chinese smartphone maker Honor says AI’s power is ‘worthless’ without data privacy

HANGZHOU, China — The transforming power of artificial intelligence is of no value unless user data is protected, CEO of…

Morgan Stanley wealth advisors are about to get an OpenAI-powered assistant to do their grunt work

Morgan Stanley is pushing further into its adoption of artificial intelligence with a new assistant that is expected to take…

China’s EV architect says investing in Europe is a way forward

HEFEI, China — The man who spearheaded China’s electric car strategy said Wednesday that Chinese investment in the European electric vehicles industry could be a…

Europe is at risk of over-restricting AI and falling behind U.S. and China, Dutch prince says  

AMSTERDAM — Europe is at risk of falling behind the U.S. and China on artificial intelligence as it focuses on…

Cisco is ‘very optimistic’ about its expanding business with China EVs

DALIAN, China — Cisco is “very optimistic” about its growing business with Chinese electric car companies as they expand overseas,…

Nearly $109 million in deposits held for fintech Yotta’s customers vanished in Synapse collapse, bank says

Ledgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers of the banking app…

China has spent at least $230 billion to build its EV industry, new study finds

BEIJING — China spent $230.8 billion over more than a decade to develop its electric car industry, according to analysis…

Klarna rival Zilch raises $125 million with aim to triple sales and accelerate path to IPO

LONDON — British fintech firm Zilch said Wednesday it’s raised $125 million in debt financing from German banking giant Deutsche…