Shares of chip-design software maker Synopsys plummeted in extended trading after warning that US export restrictions are contributing to a slowdown in China, the largest market for semiconductors. As part of the company’s quarterly report on Tuesday, CEO Sassine Ghazi said that a push to develop its own intellectual property (IP) was not achieving the…
The Hangzhou-based start-up’s updated model, which supports an innovative data format called UE8M0 FP8, was “ushering in a booming domestic computing power chain”, Huatai Securities analysts said in a research note on Tuesday. That architecture showed that the synergy between mainland-designed software and chips would realise significant results, according to the report. FP8, known as…
Chinese officials have summoned domestic companies, including major tech firms Tencent and ByteDance, over their purchases of Nvidia’s H20 chips, demanding explanations and expressing concerns about information risks. The Cyberspace Administration of China (CAC) and other agencies have also held meetings in recent weeks with Baidu and smaller Chinese tech companies. According to sources speaking…
SUNNYVALE, Calif., July 2, 2025 /PRNewswire/ — Today, Synopsys, Inc. (Nasdaq: SNPS) issued the below statement in connection with the lifting of recent U.S. export restrictions related to China. On July 2, Synopsys received a letter from the Bureau of Industry and Security of the U.S. Department of Commerce informing Synopsys that the export restrictions related…
Hangzhou-based Alibaba’s cloud computing unit on Tuesday unveiled its much-anticipated Qwen3 family, consisting of eight enhanced models that range from 600 million to 235 billion parameters. Alibaba owns the South China Morning Post. In machine learning, parameters are the variables present in an AI system during training, which helps establish how data prompts yield the…
Hangzhou-based Alibaba’s cloud computing unit on Tuesday unveiled its much-anticipated Qwen3 family, consisting of eight enhanced models that range from 600 million to 235 billion parameters. Alibaba owns the South China Morning Post. In machine learning, parameters are the variables present in an AI system during training, which helps establish how data prompts yield the…
Chinese artificial intelligence (AI) start-up DeepSeek has continued to send ripples through the industry globally, while many questions remain surrounding the firm’s high-performance models developed at a fraction of the cost of their peers in the US. In a China Future Tech webinar on Monday hosted by SCMP Plus, South China Morning Post technology editor…
The sudden success of Chinese artificial intelligence (AI) start-up DeepSeek comes as a morale booster for the country’s researchers and tech companies, who have been tasked by Beijing to push for breakthroughs in the face of US-led curbs on the trade, industry participants and analysts said. DeepSeek’s emergence has also changed perceptions among economists and…