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Shein, the online retail giant founded in China, had big ambitions to go public in New York. But as relations between Washington and Beijing soured, the ultra-fast fashion company began taking a closer look at a backup plan across the Atlantic.The company will now focus more on the London Stock Exchange for its initial public offering, according to two people familiar with the matter. This may not have been the company's initial choice, but it would be a major victory for Britain, which has been wary of its capital losing its status as a global financial centre.Jeremy Hunt, Britain's top financial official, reportedly courted Shein, anticipating that a major IPO would strengthen London's position as one of the world's leading financial centers. A Shein spokesperson decli...

OpenAI said Tuesday that it has begun training a new flagship artificial intelligence model that will succeed the GPT-4 technology that drives its popular online chatbot, ChatGPT.The San Francisco start-up, one of the world's leading artificial intelligence companies, said in a blog post that it expects the new model to bring "the next level of capability" as it strives to build "artificial general intelligence" , or AGI. , a machine that can do everything the human brain can do. The new model would be an engine for artificial intelligence products including chatbots, digital assistants similar to Apple's Siri, search engines and image generators.OpenAI also said it is creating a new safety and security committee to explore how to manage the risks posed by the new model and futur...

Iraqis have known the bitter taste of war so intimately and frequently over the past 40 years that they say they can viscerally feel the suffering of Palestinians in Gaza. They remember the dreaded hiss of a bomb before impact, the fear of a knock on the door bringing the news of the loss of a loved one, the stench of blood drying on concrete.This has been the daily life of many Iraqis for years, as the rebel struggle against the American occupation and the civil war between Sunni and Shiite Muslims brought destruction and death to their neighborhoods, destroyed families and left behind countless widows and orphans.Initially those memories pushed thousands of people to demonstrate in the streets of Iraqi cities to show their solidarity with the Palestinian cause. But as the war in Gaza h...

For the first time in history, cannabis has surpassed alcohol as Americans' daily drug of choice.In 2022 there were 17.7 million people who reported using cannabis every day or almost every day, compared to 14.7 million who reported using alcohol with the same frequency, according to a study published Wednesday in the journal Addiction that analyzed data from the United States. National survey on drug use and health.Although many more people drink than use cannabis, frequent use has become slightly less common than it was about 15 years ago, the study found. But the percentage of people in the United States who frequently use cannabis increased 15-fold in the three decades after 1992, when daily cannabis use hit its lowest point.The legalization of cannabis has also accelerated rapid...

Simon Cheng is still visibly tense when describing his detention in China. In 2019, Mr Cheng, a pro-democracy activist from Hong Kong and former employee of the British consulate there, was arrested after a business trip to mainland China.For 15 days he was interrogated and tortured, according to his account. Beijing confirmed his detention but denied that he had suffered mistreatment. When he was finally released, he no longer felt safe in Hong Kong and in early 2020 he fled to Britain and claimed asylum.“In some ways it's not difficult to adjust to a new life in the UK,” said Mr Cheng, 33. "But at the same time I can't abandon the fate of my hometown."His activism – and China's pursuit of him – didn't stop once he moved to London. Last year, Hong Kong authorities pla...

Elon Musk's artificial intelligence company xAI said Sunday it has raised $6 billion, helping close the funding gap with OpenAI, Anthropic and other rivals in the red-hot sector.The funds would be used "to bring xAI's first products to market, build advanced infrastructure, and accelerate research and development of future technologies," the company said in a statement.Musk, who founded xAI in July, said in a social media post that the funding round valued the company at $18 billion, not including new money. Investors included Silicon Valley heavyweights Andreessen Horowitz and Sequoia Capital, along with Prince Alwaleed bin Talal of Saudi Arabia.Investors and big tech companies like Google, Meta and Microsoft have poured billions into companies developing artificial intelligence ...

A member of the Egyptian security forces was killed near the Rafah border with the Gaza Strip and an investigation is ongoing, an Egyptian army spokesman said on Monday, after the Israeli army reported a shooting at the border .Al Qahera News, Egypt's state television station, quoted an anonymous, "well-informed" security official as saying that there appeared to have been an exchange of gunfire between Israeli soldiers and Palestinian fighters and that the battle that that followed resulted in the death of the soldier. The New York Times could not independently verify the circumstances of the shooting.The shooting reflects growing tension at the border since early May, when the southern Gaza city of Rafah became the hub of Israel's military campaign to defeat Hamas, an armed grou...

On Kenya's stunning coast, halfway between 15th-century ruins and the bustling city of Mombasa, a small factory is helping achieve one of Africa's greatest health goals: self-sufficiency.With fewer than 700 employees, Revital Healthcare produces 300 million syringes a year, enough to meet more than half of Africa's routine immunization needs.In the midst of the coronavirus pandemic, when governments found themselves having to vaccinate millions of people under severe shortages, Revital shipped syringes to Sri Lanka, Sweden, the United Arab Emirates and Uzbekistan – and even sent 15 million syringes to India, said Roneek Vora, the company's director of sales and marketing.“This is the first time in the lifetime of Africa that a medical industry is exporting syringes to India...

Queues for the show snake down the block, with people waiting up to seven hours to buy tickets at the theater in central Kiev. Videos of the performance have attracted millions of views online.The Big Hit is not a popular Broadway musical or a pop star's concert series: It's a play based on a classic 19th-century Ukrainian novel, "The Witch of Konotop," and the atmosphere is anything but How optimistic. Consider the opening line: “It's sad and dark.”Mykhailo Matiukhin, an actor in the production, said this is what struck Ukrainians because it shows "what we are experiencing now."“Tragedy comes and takes everything away from you, your love and your home,” he said.The play dramatizes the story of a Cossack leader in a nearly 400-year-old Ukrainian community as he tries to eradi...