China's Star 50 index of AI and chip leaders is down by 40% in under
China's Star 50 index of AI and chip leaders is down by 40% in under four months, losing ~$480B in market value; chipmaker CXMT is down ~25% in the past month
TL;DRChinese AI and chip stocks crashed 40% in four months, erasing $480B in value.
Why it matters: Signals potential AI bubble deflation and shows geopolitical export restrictions directly tank valuations.
Intel to Acquire Classiq: Strategic Move Creates Full-Stack Quantum
TL;DRIntel buys Israeli quantum software firm Classiq for $2-2.5B to build complete quantum platform.
Ramdeobaba University Partners with QClairvoyance Quantum Labs
TL;DRIndian university partners with quantum startup to build on-campus quantum labs.
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