Bankers working for JPMorgan Chase and Goldman Sachs in Hong Kong must have been miffed when they were shut off from using artificial intelligence (AI) models from Anthropic, a pioneering American firm in the field. Goldman Sachs and JPMorgan Chase pulled the plug in April and last week respectively, based on a strict interpretation of…
The mighty Zambezi River has its source in northern Zambia, and flows north, west, south, then east, tracing borders for several countries including Zimbabwe. As the river enters Zimbabwe, the water molecules begin to flow faster, unknowingly energised – developing first into a rush, then eventually a torrent as they plunge down the Victoria Falls….
The Financial Times is seeking a seasoned correspondent to cover Taiwan, regional security and to look across the strait at Chinese elite politics and the People’s Liberation Army. In terms of military power, political influence and the semiconductor industry, Taiwan lies at the heart of the contest between the US and China, creating the opportunity…
More than 2,300 years ago, Aristotle mused in Politics that to live alone, a man must be a god or a beast, or words to that effect. I wonder what he would have thought of the popularity of China’s “Are You Dead?” app. For Aristotle, we are social animals, thriving in the “polis” in the…
Beijing’s national security office in Hong Kong has met representatives from foreign media outlets in the city and warned them against crossing “red lines”, following reports it said smeared the government’s fire relief efforts and attacked the Legislative Council election. According to sources, foreign media outlets that were requested to attend the meeting included Agence…
We should call it the “Neom factor”: the force that transforms reasonable aggressive ambition into hallucinogenic fantasyland. It glared out at me last week in a Financial Times headline: “Three ‘Heathrows’ of growth: the unstoppable rise of Middle East airports”. In short, Dubai, Istanbul, Riyadh, Doha and Abu Dhabi in aggregate have airport expansion plans…
If Elon Musk’s 2018 battle for a US$56 billion payday seemed surreal to most average people, then the Tesla board’s proposal to offer him US$1 trillion over the coming decade is nothing short of eye-popping. But Musk’s temerity sits at the heart of an unresolved corporate conundrum amplified by the extraordinary stock market bubble inflating…
The CEO of Nvidia, which faces tight restrictions on selling its chips to China amid the Sino-US battle over trade and technology, said he was disappointed about the situation. Jensen Huang said he expected to discuss the issue with US President Donald Trump at a state banquet hosted by the British government that they would…
US President Donald Trump said on Monday that he had personally negotiated a deal with Nvidia chief executive Jensen Huang, letting the tech company sell a lower-end chip in China in exchange for part of those sales revenues being paid to the US government. The highly unusual deal was first reported on Sunday by the…
Huawei Technologies is set to unveil a technological breakthrough that could reduce China’s reliance on high-bandwidth memory (HBM) chips for running artificial intelligence reasoning models, according to state-run Securities Times. The announcement will take place in collaboration with China UnionPay at the 2025 Financial AI Reasoning Application Landing and Development Forum in Shanghai on Tuesday,…