(Reuters) -Shares of Chinese autonomous driving firms WeRide and Pony Ai dropped sharply on Thursday as the companies started trading in Hong Kong, after raising nearly $1.2 billion combined in their listings.

The Wall Street Journal’s annual event features interviews with executives from OpenAI, CoreWeave and more.

The privately held company has reached a valuation of $15 billion, as Liang wants to push the boundaries of technology.

The Chinese government has issued guidance requiring new data centre projects that have received any state funds to only use domestically-made artificial intelligence chips, two sources familiar with the matter told Reuters.

The German group also paid $700mn for a 5 per cent stake in Xpeng in 2023 and partnered with the Chinese EV maker to develop two VW-branded cars. The FT reported in June that Xpeng’s self-designed Turing AI chip would be used in these models.

The president decided against discussing the matter with Chinese leader Xi Jinping after top aides opposed it.

Kirk Sigmon and Hengyi Jiang of Banner & Witcoff Ltd. examine recent policy shifts in both China and the U.S. that signal a greater openness to AI-related patents, creating a more favorable environment for inventors.

China’s stock markets have been on a roll, fueled by the AI boom and hopes of more stimulus measures by the government to combat a sluggish economy and the fallout of a trade war with the U.S. The benchmark CSI 300 index climbed 15% since we last measured fortunes,

(Reuters) -Nvidia's advanced Blackwell chip for artificial intelligence would not be available to "other people," U.S. President Donald Trump said Sunday. Nvidia, the world's most valuable company, dominates the market for AI chips.

AgiBot is using AI-powered robots to do new manufacturing tasks. Smarter machines may transform physical labor in China.