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Stock impact report

John Wiley & Sons, Inc. (WLY): Resilient Recurring Revenue- AI Licensing Drives Margin Expansion! [Yahoo! Finance]

John Wiley & Sons, Inc. (WLY) 
Company Research Source: Yahoo! Finance
Wiley & Sons, Inc. (NYSE:WLY) stands against other top trending AI news investors probably missed. Battle lines on artificial intelligence supremacy and dominance have been drawn. Fresh from touting the success of DeepSeek on the development of cost-effective AI models, China has made it clear it won't sit back and play second fiddle to US dominance on AI innovations. The country's top economic officials are in the process of setting up a state-backed fund that will support technological innovation focusing on advanced technology like AI. According to Zheng Shanjie, head of China's state economic planner, the state venture capital fund could attract $138 billion in capital over the next 20 years. Most of the funding comes from local governments and the private sector and will accelerate the development of high-end chips. The capital injection should also support China's ambitions for artificial intelligence, robotics, and quantum computing. China has already made significant pro Show less Read more
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