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Business income from this livestream could be huge, as a source who asked to stay anonymous told China Daily an hour after the livestream, sales revenue has exceeded 37 million yuan and revenue from doing the livestream in Douyin hit 820,000 yuan.

But Amazon has been at odds with lawmakers in Seattle over issues including an employee head tax, which failed to pass last year but is now under consideration again. That tension could have made Amazon nervous about additional pay equity policies in its hometown. Senn said the company was concerned about a “patchwork” of laws in Washington state.

But AI has a far greater opportunity to create entirely new categories of products and services. It will establish new markets and drive growth. AI's boost of the topline is reflected in our estimate that annual economic growth rates in China could increase from 6.3 percent to 7.9 percent in 2035 if companies harness AI to transform their entire business models. That would generate additional economic output of more than trillion at that time.

Breakout biotech company Juno Therapeutics celebrates its 2014 IPO.

British company YoBike operates more than 300 dockless bikes in Bristol, while Dublin-headquartered Urbo runs 500 bikes across three London boroughs and 100 in Ipswich.