Alibaba’s recent development of a domestically produced AI inference chip marks a pivotal moment in the global semiconductor landscape. As U.S. export controls restrict access to advanced Nvidia hardware like the H20 and H100, Alibaba has accelerated its push for self-sufficiency, unveiling a chip optimized for inference tasks and manufactured in China using RISC-V architecture…
Bitcoin approached the $100,000 threshold amid rising concerns over the U.S. trade deficit and financial instability in China’s banking sector, which have sparked investor caution and triggered significant market turbulence. The world’s largest cryptocurrency fell to a 50-day low below $108,000, with $137 million in liquidations of leveraged bullish positions reported. This sell-off coincided with…
Hong Kong’s once sprawling and diffuse network of state-backed research labs has undergone a surgical transformation – streamlined, repurposed and laser-focused on Beijing’s strategic technology ambitions. In a move emblematic of China’s broader overhaul of its national scientific apparatus, the city has dismantled underperforming labs, rebranded legacy institutions and launched three cutting-edge facilities dedicated to…
This article first appeared on GuruFocus. Alibaba (NYSE:BABA) is stepping deeper into the AI chip race, rolling out a new processor that’s more versatile than its older designs, the Wall Street Journal reported. The chip is built for AI inference letting trained models analyze new data and unlike most homegrown rivals, it works with Nvidia’s(NASDAQ:NVDA)…
Eli Lilly & Co is partnering with Chinese online healthcare platform JD Health International Inc. to sell its blockbuster drugs for obesity and diabetes online, following in competitors’ footsteps to drive sales through direct-to-consumer channels. The tie-up will ease access to Lilly’s drugs treating obesity, diabetes and alopecia through a one-stop service via JD Health’s…
The U.S.-China tech war has escalated into a critical battleground for semiconductor dominance, with global investors bracing for seismic shifts in supply chains, stock valuations, and corporate strategies. At the center of this conflict are three industry titans—Samsung, SK Hynix, and Intel—whose operations in China are now under intense scrutiny due to the revocation of…
Chinese scientists have developed the world’s first “all-frequency” 6G chip that could help bridge the digital divide between rural and urban communities. In practical terms this equates to being able to transmit a 50GB high-definition 8K movie within seconds – potentially opening up a range of commercial and educational opportunities to those living in remote…
China’s biggest cloud-computing company, Alibaba, has developed an AI chip in a move to address the supply gaps created after Nvidia faced regulatory barriers for selling its most advanced products in China. This comes as Chinese chip companies are building their arsenal of homegrown technology as the Chinese government pushes to win the global AI…
By Chen Aizhu and Vladimir Soldatkin SINGAPORE/MOSCOW (Reuters) -China is seeking to buy more Russian gas through an existing pipeline as talks between the two countries have failed to make progress on building a second link, thwarting Moscow’s quest for new outlets, two industry sources told Reuters. Energy is expected to be high on the…
US has notified a new rule revoking earlier permissions that allowed Samsung, SK Hynix and Intel to use American chipmaking equipment in China, reports news agency Reuters. These approvals, granted in 2022 by the Commerce Department, were exceptions to broader restrictions on exporting semiconductor tools to China. Under the new rule – posted in the…