The United States set a new quarterly record for battery storage deployment, adding a massive 20.2 gigawatt-hours (GWh) of new capacity in the second quarter of 2026.
A growing consensus among technology leaders and politicians warns that the global AI arms race is leading to catastrophic outcomes, with calls for international intervention to slow down development.
Hong Kong-listed company Paradigm Intelligence has recently reached a compute procurement deal with Huawei valued at over 1 billion yuan, planning to purchase a large quantity of Huawei Ascend 950 chips to support the deployment of artificial intelligence large models in key industries such as finance and manufacturing.