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Chinese firms face pressure on AI investments as US peers’ spending keeps soaring
Artificial intelligence investments by US tech giants continue to soar, dwarfing those of Chinese AI firms, but China’s rising appetite for AI applications will compel its tech companies to increase their AI spending this year, according to analysts. The largest US tech companies
First seen · 2:30 PM UTCMay 1, 2026
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International Workers' Day
Commemorates Chicago's 1886 Haymarket affair, where a labor rally turned deadly. A public holiday in over 80 countries — rarely the US, where it started.
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Labour Day
Labour Day is observed in Andorra (Festa del Treball). Recognized nationally.
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May Day
May Day is observed in Albania (Dita Ndërkombëtare e Punonjësve). Recognized nationally.
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Labour Day is observed in Armenia (Աշխատանքի օր). Recognized nationally.
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The 2024 Loblaw boycott, a Canadian boycott against retail corporation and grocer Loblaw Companies, begins.
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Naxalite attack in Gadchiroli district of India: Sixteen army soldiers, including a driver, killed in an IED blast. Naxals targeted an anti-Naxal operations team.
Milestone2019
Naruhito ascends to the throne of Japan succeeding his father Akihito, beginning the Reiwa period.
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