Chinese video app Bilibili said its listing status in Hong Kong will change to a primary listing from a secondary listing on Oct. 3. This change makes it easier for investors in mainland China to buy the company’s Hong Kong-listed shares. Bilibili’s move comes as Chinese internet stocks in Hong Kong have fallen sharply over the past year as investors became reluctant to bet on the sector amid...
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Nvidia Deepens Push Into AWS’ Turf
Nvidia’s ambition to compete with Amazon Web Services is growing. Nvidia is best known for designing server chips for artificial intelligence, but it has been running a nascent cloud service for corporate customers that develop AI with those chips. Nvidia operates the service, DGX Cloud, with servers located in the data centers of Microsoft, Oracle and Google, which limits what Nvidia can...
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