Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Coupang Apologizes After Massive Data Breach Affecting 33.7 Million Users 
Apple Alerts EU Regulators That Apple Ads and Maps Meet DMA Gatekeeper Thresholds 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Apple Appoints Amar Subramanya as New Vice President of AI Amid Push to Accelerate Innovation 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature 
Baidu Cuts Jobs as AI Competition and Ad Revenue Slump Intensify 
YouTube Agrees to Follow Australia’s New Under-16 Social Media Ban 
Nvidia, the global semiconductor leader, is amplifying its AI-driven car research in China, hiring 200 new employees even as semiconductor trade tensions escalate.
Nvidia Expands AI Car Research in China
Nvidia, a semiconductor development company based in the United States, has increased its research skills into autonomous AI-driven cars by hiring 200 personnel in China.
Bloomberg cites sources saying that Nvidia has opened a new office in Beijing's Zhongguancun district and hired 600 locals in the last several years. Zhongguancun is a significant center for technological innovation located to the north-northwest of Beijing.
Since acquiring Mellanox Technologies, the firm has been the subject of an inquiry in China regarding possible breaches of the anti-monopoly statute. This investigation is the most recent twist in the ongoing dispute between the United States and China over semiconductor technology.
US-China Semiconductor Tensions Deepen
The United States has implemented export restrictions and sales bans in an effort to limit China's capacity to advance semiconductor technology. China retaliated by banning the export of commodities that could be utilized in the advancement of technology and the military.
On the other hand, China is a significant market for the American chipmaker. Yahoo Finance explains that because it has a larger workforce, it may be able to expand its research into driverless automobiles driven by artificial intelligence in collaboration with local automakers.
Nvidia employed around 30,000 people across 36 countries as of February, when the company's documents were published.
Nvidia Expands Global AI Presence
As part of its dedication to advancing artificial intelligence in Vietnam, the company recently established a new research and development center there.
