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France and Germany want to quit relying on America and China for key technology like artificial intelligence, but they're having to choose where to do it.
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Saronic Technologies will make naval and commercial vessels at the facility. The company's naval drone helped rescue the crew of a downed Apache helicopter last month.
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CXMT, a linchpin in China's drive to develop homegrown artificial intelligence technology, is aiming to raise nearly $10 billion in a blockbuster public offering in Shanghai.
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Technology disruption and AI-related competitive pressures rank among the top risks facing companies, according to a new survey of audit firm partners by the Center for Audit Quality.
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