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Transactions on a China-backed cross-border digital currency platform have surged past $55 billion, signaling growing momentum behind efforts to reduce reliance on dollar-based global payment systems, according to a new report. Analysis by the Atlantic Council shows that the prototype platform, known as mBridge, has now processed more than 4,000 cross-border transactions. The project is […]
Taiwan aims to position itself as a close strategic partner of the United States in artificial intelligence following a trade deal that cuts tariffs and encourages large-scale Taiwanese investment in the U.S., Vice Premier Cheng Li-chiun said on Friday. Speaking at a press conference in Washington, Cheng said the negotiations promoted two-way high-tech investment and […]
California Attorney General Rob Bonta has sent a cease-and-desist letter to xAI, demanding the immediate halt of the creation and distribution of non-consensual sexual images generated by its AI chatbot Grok. “I fully expect xAI to immediately comply,” Bonta said in a statement on Friday. The action follows a growing global backlash against Grok, which […]