Portsuppe

Finance news

1,659 items · filtered by Kanal: semiconductors

Clear filter
6d07/05war-conflict · 3/5

Hong Kong must brace for AI bubble risk and quantum computer threat: HKMA chief

Hong Kong must brace for the emerging risks of an artificial intelligence (AI) bubble bursting and quantum computers capable of hacking encrypted financial systems, the head of the city’s de facto central bank has warned. Eddie Yue Wai-man, chief executive of the Hong Kong Monetary Authority (HKMA), also said on Sunday that the banking regulator would focus on expanding the internationalisation of the yuan in the next few years. Yue cautioned that the current euphoria surrounding the AI sector..

unclassifiedchina · asia · usa
6d07/05

Vance hopes Burnham delivers ‘structural change’ amid ‘broken’ UK politics

US Vice-President J.D. Vance said Britain had been “failed by its ⁠leadership for a long ⁠time”, adding that he hoped the country’s ⁠next prime minister could deliver the structural change voters were seeking after years of political turmoil. In an interview with the Sunday Times newspaper, Vance said frequent changes of government pointed to deeper problems in British politics. Prime Minister Keir Starmer announced last month he ‌would step down after two years in office, paving the way for...

unclassifiedchina · asia · usa
6d07/05sanctions · 2/5

Chinese AI chip start-up exits stealth mode, bets on 3D stacking to bypass US controls

A Chinese artificial intelligence chip start-up led by industry veteran Wei Shaojun has emerged from stealth mode, joining giants like Huawei Technologies in betting on 3D stacking to bypass US tech export controls. Dongfang Suanxin, a company headed by Wei, who is also vice-president of the China Semiconductor Industry Association, has stepped into the spotlight by launching a corporate website and social media account, positioning itself as a new but formidable player in China’s AI computing..

unclassifiedchina · asia · russia
6d07/05war-conflict · 3/5

How to manage China’s rise as a civilisational power

The world has yet to truly understand how to deal with a rapidly rising China. Even within China, some of the most learned minds are surprised at how quickly the country has taken the global lead in new economic areas, such as electric vehicles. Global warming is no longer abstract; ask around in Europe this summer and people will tell you it has been unbearably hot. Electric vehicles have a future, if they are not the future. Prudent Chinese literati do not lightly discuss how China should act.

unclassifiedchina · asia · europe
6d07/04

China offers sea cable detection tech to clients in Middle East, Europe and Asia

China plans to export powerful robots capable of locating marine cables buried under the seabed to regions including “Southeast Asia, the Middle East and Europe”, according to the Science and Technology Daily. China aimed to secure its position in the marine equipment sector by introducing this technology to potential clients in these regions, the official newspaper reported last Monday. “By deepening cooperation in [these] offshore engineering markets, we will integrate Chinese intelligent...

unclassifiedchina · asia · usa
7d07/04war-conflict · 3/5

Lebanon’s president urges US solidarity as Israeli troops occupy south

Lebanese President Joseph Aoun on Saturday urged the United States to stand by his country, after reaching a US-backed framework deal with Israel aiming to permanently end hostilities after the latest Israel-Hezbollah war. The deal reached in Washington calls for the disarmament of Iran-backed militant group Hezbollah, a gradual Israeli withdrawal from southern Lebanon and the deployment of the Lebanese army there, starting with two “pilot” areas. Hezbollah has rejected the deal, which does not.

unclassifiedchina · asia · usa
7d07/04

Nobel-winning materials scientist Omar Yaghi joins China’s Tsinghua University from the US

Omar Yaghi, the winner of last year’s Nobel Prize for chemistry, has left the United States to lead a new AI-driven research centre at China’s Tsinghua University. The 61-year-old materials scientist will head a team working on ways artificial intelligence (AI) can transform the design and synthesis of new materials and shorten their development cycle “by orders of magnitude”, Tsinghua said on Friday. Speaking at his appointment ceremony, Yaghi said he hoped to develop materials to tackle major.

unclassifiedchina · asia · usa
7d07/04

Chinese scientists’ brain-mimicking chip ‘up to 478 times faster than Nvidia A100 GPU’

Chinese scientists say they have developed a tiny computer chip capable of modelling complex brain structures in real time. According to its developers, this chip could not only transform diagnostics and treatment for conditions such as Alzheimer’s disease, but also boost the performance of brain-machine interfaces and assist surgeons. Researchers from Peking University and the Chinese Academy of Sciences reported the breakthrough in a peer-reviewed study published in Science on Thursday,...

unclassifiedchina · asia
7d07/04war-conflict · 2/5

China’s influence on African ports extends to software, automation and AI: study

Chinese firms not only operate, finance or hold stakes in about one third of all ports in Africa, but Beijing now also controls the software, automation and artificial intelligence (AI) tools that run the infrastructure. And that reach extends well beyond the docks, with Beijing financing and operating the road, rail and warehousing networks connected to these ports and other maritime projects across the continent, closely intertwining African trade with China’s own trading systems. These are...

unclassifiedchina · asia
7d07/04

China delivery rider collapses after entering burning flat 3 times to extinguish flames

A courier in eastern China has been celebrated as a hero after bravely charging into a burning flat three times to extinguish the flames before collapsing from smoke inhalation. An Erpei, 21, from Hangzhou, had just returned to his rented flat after a late shift on June 25, when he heard a fire alarm while washing dishes. As he fled the building with his girlfriend and family, An noticed the blaze coming from an unoccupied flat on the third floor. Security guards and property staff were already.

unclassifiedchina · asia · usa
7d07/03war-conflict · 2/5

China’s ByteDance discovers new scaling law that could sustain AI boom

Researchers at TikTok parent ByteDance have discovered a new scaling law governing how fast artificial intelligence agents can improve by performing real-world tasks, a finding that could help prolong the AI boom just as traditional development methods hit a wall. In a research paper published on Thursday, ByteDance’s Seed AI team revealed that AI agents – autonomous software that executes tasks on a human’s behalf – can double their learning speed every three months by interacting with...

unclassifiedchina · asia
8d07/03war-conflict · 3/5

Alibaba bans staff from using Claude Code over Anthropic spyware concerns

Alibaba Group Holding has banned its employees from using Anthropic’s Claude Code for work, citing security risks related to the US artificial intelligence firm’s previous use of hidden code to track Chinese users – a move that has sparked widespread backlash in recent days. “As Claude Code was recently discovered to carry back-door risks, after comprehensive evaluation, Claude Code has now been added to a list of high-risk software with security vulnerabilities,” Alibaba said on Thursday in an.

unclassifiedchina · asia · usa
8d07/03war-conflict · 3/5

Soaring Imports Push India’s Crude Stocks to Near 1-Year High

India’s strategic and commercial crude oil inventories have jumped to a nearly one-year high as the world’s third-largest crude oil buyer boosted its imports to a record high in June. As at the end of June, India’s crude oil stocks held in strategic, commercial, and refinery storage had increased to 104 million barrels, up from 90.5 million barrels at the end of April, according to data from commodity intelligence provider Kpler cited by Indian outlet Economic Times. Before the Iran war began, I

unclassifiedmiddle-east · russia · usa
8d07/03

AI skills required for 4 out of 10 graduate jobs in China, says recruitment portal

Chinese companies are seeking more fresh university graduates with backgrounds in artificial intelligence this year because widespread use of the technology is making their businesses more efficient, according to a recruitment portal based in Beijing. In the first five months of this year, nearly four out of every 10 job postings targeting fresh graduates were AI-related, compared with nearly three out of 10 in the same period last year, Maimai – a portal with 120 million users in mainland China

unclassifiedchina · asia
PrevPage 7 / 56Next