Chinese chipmakers have complained about the U.S. Chips Act, which provides funding of some $39 billion to entice firms like Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. to build high-end chipmaking capacity in America. On Thursday, China’s chip industry body took aim at a cornerstone of the Biden administration’s policy.
State Grid is the only utility company on the list. It's also the largest utility company in the world. Despite not being a technology company, it uses plenty of generative AI applications, including grid optimization via predicting demand, predictive maintenance, and smart grid development.
On Monday, Hong Kong-listed growth stocks had a strong day, as the Hang Seng Index gained +1.75% and the Hang Seng Tech Index gained +2.59% following U.S. President Donald Trump and China President Xi Jinping’s Friday phone call that took place after Asia markets closed and before the U.S. markets opened.
U.S. adds 25 Chinese traders to semiconductor export control list U.S. set to tighten semiconductor export regulations affecting Chinese firms and AI companies
Stocks rise on bets investors will look for cheaper options after DeepSeek’s popular low-cost AI model sparked a US$1 trillion tech rout.
Washington has blacklisted Tencent Holdings Ltd. backed startup Zhipu targeting one of the few emerging firms seen as leading contenders in the race to create a competitor to OpenAI’s ChatGPT.
DeepSeek, a Chinese startup founded in 2023, has rapidly emerged as a disruptive force in the global generative AI industry with
History was made at Donald Trump’s inauguration when China’s Vice-President Han Zheng became the first senior Chinese leader to attend a
Chinese startup DeepSeek has been taking the AI industry by storm with a new chatbot rivaling ChatGPT and Gemini that uses a fraction of the power, time, and money to train and operate.
Tencent and EV battery maker CATL said the designations were ... The U.S. imposed export controls on advanced semiconductor chips aimed at curbing China's access in 2023. Such curbs have already made it harder for American firms like Nvidia (NVDA) and ...
So much for the quiet pre-holiday trading session as Asian equities were mixed though Australia was closed for Australia Day, Indonesia was closed for Al Isra’ wal-Mi’raj, South Korea was closed for the Korean New Year,
The Biden administration has added over 25 entities, including Chinese AI firm Zhipu AI and chipmaker Sophgo, to the U.S. restricted trade list. These companies, along with two Singapore-based firms,