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An economic planning commission has warned that a bubble could form in the booming industry amid explosive investment levels

China’s humanoid robotics industry risks facing a bubble as a result of the current investment frenzy, the country’s economic planning commission has warned.

Speaking to reporters in Beijing on Thu...

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Surging computing costs could keep the maker of ChatGPT scrambling for fresh cash, a bank research report has estimated

OpenAI, the owner of ChatGPT, may need to raise more than $200 billion by 2030 in order to continue operating, according to HSBC research cited by several media outlets.

The company needs the funding to continue expansion...

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The company had a policy allowing 16 violations, such as adults soliciting minors, before it suspended accounts

Facebook’s parent company, Meta, failed to promptly act on accounts engaged in sex trafficking by allowing illicit content to remain on its platforms despite repeated violations, recently unsealed court filings show.

The...

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Eliminating undeclared transactions is a key government objective for 2026, according to Finance Minister Anton Siluanov

The Russian government is set to introduce new measures to combat the shadow economy, Finance Minister Anton Siluanov announced on Tuesday.

The steps will include cracking down on undeclared cash transactions and taxpayer...

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The number of Japanese companies planning to relocate or downsize their operations in Russia has fallen by half since last year

The majority of Japanese companies operating in Russia are not planning to leave the country despite the sanctions-related challenges, according to a new survey by the Japan External Trade Organization (JETRO).

Man...

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