search
US housing sector
Trends
- 1Baidu's 15-Year AI Chip Bet Faces Its Market Test●Baidu Spent 15 Years Building Its Own AI Chips. Now Comes the Public Market Test.
Baidu has spent roughly 15 years developing its own AI chips in-house, a long-running effort to reduce reliance on foreign semiconductor suppliers. The company now faces a public test as its chips are judged against market expectations, amid intense competition in China's AI hardware sector and ongoing US export restrictions shaping demand for domestic alternatives.
- 2US House speaker says AI sector signed accord on standards▼AI sector signed 'accord' on technology standards, US House speaker says
The US House speaker says companies in the artificial intelligence sector have signed an accord on technology standards. The announcement indicates an effort by leading AI firms to agree on common technical benchmarks, though details of the accord's content, signatories and enforcement have not yet been made public.
- 3Zillow and Redfin issue blunt warnings on mortgage rates●Zillow, Redfin share blunt words on mortgage rates, housing market
Zillow and Redfin, two of the largest US housing platforms, have issued blunt assessments of the mortgage rate environment and the state of the housing market. The companies' comments point to continued pressure on homebuyers from elevated borrowing costs, and their remarks are drawing attention across the real estate sector.