The China-US AI gap has narrowed to around three months from more than a year, thanks in part to the influx of AI talent, fast technology iteration and a boom in AI applications on the mainland, said Tony Zhang, head of China technology research at CLSA, in a media briefing on Tuesday. While Chinese companies…
China is requiring its data centres to use more home-grown computing chips in a move that underscores Beijing’s accelerated efforts to cut reliance on foreign technology as the US tightens export controls. Publicly owned computing hubs across the country have been asked to source more than 50 per cent of their chips from domestic producers…
Beijing [China], August 10 (ANI): As the global battle for technological supremacy intensifies, national security experts are sounding the alarm over China’s creeping dominance in telecommunications, an invisible war being waged far below the surface through undersea cables, data centres, and surveillance platforms. According to Pieuvre, Salih Hudayar, Foreign Minister for the East Turkestan government-in-exile,…
US President Donald Trump has urged American technology giants to halt overseas hiring practices, including those in India and China, and instead focus on creating jobs at home, reported India Today. The publication added that the remarks were made during a high-profile Artificial Intelligence (AI) Summit held in Washington on Wednesday, where Trump took aim…
A UK town less than 20 miles from London has had a steep increase in commercial emissions over the past two decades, prompting alarm from local politicians. Slough, in Berkshire, was found to have seen a whopping 52% rise since 2005, way above the figures seen for a number of traditional industrial areas, according to…
(Reuters) –Elon Musk‘s xAI has completed a $5 billion debt raise alongside a separate $5 billion strategic equity investment, Morgan Stanley said on Monday, as the startup looks to expand its AI infrastructure through data centres amid intensifying competition in the industry. The $5 billion raised in debt consists of financing of secured notes and…
That would represent as much as a 48 per cent overall growth this year for China’s AI capex from 2024, BofA Securities’ co-head of China equity research Matty Zhao, who also heads Asia-Pacific basic materials, oil and gas research at BofA Global Research, said in an interview on Monday. Government investment is expected to account…
Chinese semiconductor company Montage Technology reported a sharp surge in revenue and profit in the March quarter, following a significant rise a year earlier, in a sign of the country’s expanding presence in the memory chip segment. The Shanghai-based integrated circuit design firm, which supplies connectors to dynamic random-access memory (DRAM) chips, said in a…
According to a report on Thursday by state-owned investment bank China International Capital Corp (CICC), about 5 per cent of the country’s AI server demand will be generated from industries that produce sensitive information including government, finance, public services and healthcare. These sectors are expected to adopt the DeepSeek-powered AI machines, lifting total 2025 sales…
Alibaba Group Holding is spearheading China’s Big Tech sector in the race for global leadership in artificial intelligence (AI) technology and infrastructure with its spending plan, competing with US giants like Apple and Microsoft for first-mover advantage, analysts said. The e-commerce leader’s 380 billion yuan (US$52.4 billion) capital expenditure for computing resources and AI infrastructure…