Chinese semiconductor developer Loongson Technology has released its next-generation of chips as part of a strategy to “enter new era of AI processors”, according to company statements. The new processors, designated 2K3000 and 3B6000M, share identical silicon but differ in packaging; one for industrial control applications and the other for mobile devices. Both integrate eight…
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…
Liang Wenfeng, 40, took part in the meeting where a select group of industry experts – in the fields of technology, education, science, culture, health and sports – offered Li their opinions and suggestions for a draft government work report, according to official news agency Xinhua. Hangzhou-based start-up DeepSeek last December made waves in the…
China’s crowded and closed generative artificial intelligence (AI) market, in which at least 100 large language models (LLMs) are jostling for attention and revenues, is facing consolidation, according to analysts. One implication is that China’s AI start-ups will pivot to revenue-generating applications instead of pouring resources into basic research, an approach that would differentiate them…
Larry Ellison owns 42% of Oracle (NYSE: ORCL), a $465 billion technology giant that is building some of the most powerful data centers for artificial intelligence (AI) development. Nvidia (NASDAQ: NVDA) supplies Oracle and most other tech companies with data center chips called graphics processing units (GPUs). Nvidia has experienced an eye-popping surge in its…