PYMNTS News

Amazon and Microsoft are reportedly investing billions in India’s artificial intelligence (AI) efforts. As the Financial Times (FT) reported Monday (June 17), India is offering incentives for tech companies to build there, hoping the country’s …

Apple has reportedly begun a campaign of heavy discounting on its iPhone in China. The markdowns — up to 2,300 yuan (about $320) on select iPhone models on the company’s Tmall site — …

China is reportedly taking measures to help its rising AI startups compete with tech giants. As the Financial Times (FT) reported Monday, at least 17 cities have committed to offering “computing …