China’s financial regulators delivered a pointed dual message to the country’s investment industry this week: pour capital into artificial intelligence and hard technology, but do not mistake a technology boom for a license to speculate. Reuters reports on the directive that was delivered at a high-profile conference in Shanghai.
Chinese soccer fans have once again been denied the pleasure of watching their national team at a World Cup. But as Nikkei Asia reports, for Lenovo Group, the absence of China’s players from the 48-team tournament kicking off this week across the US, Mexico, and Canada is almost beside the point.
Chinese Firms Hold 60% of the Global Optical Module Market The global push for AI computing power is unleashing an unprecedented wave of infrastructure buildout, and China sits at the center of it.
CXMT and YMTC Near Landmark IPOs Fueled by AI-Driven Memory Demand Two of China’s leading memory chipmakers are moving closer to public listings that will give them fresh capital to accelerate their pursuit of South Korean giants Samsung Electronics and SK Hynix, the South China Morning Post reports.
For decades, the pilgrimage route for ambitious tech founders, investors, and engineers led to Silicon Valley. Now, a growing number of them are flying to Shanghai, Hangzhou, or Shenzhen instead.
Eight Ministries Launch a Nationwide Graduate Jobs Campaign China is facing a significant demographic and economic challenge as a record 12.7 million students prepare to graduate from universities this summer.
Beijing Condemns BIS Guidance as an Abuse of Export Controls The ongoing US-China tech war saw another rhetorical escalation this week as Beijing strongly condemned the latest guidance from the US Commerce Department regarding artificial intelligence chip export controls.
AI Is China’s Top Five-Year Plan Priority, but Capital Flows Tell a Different Story China’s pursuit of global leadership in artificial intelligence is encountering a significant hurdle that has less to do with algorithms or compute power and more to do with finance.
From Basic Forecasting to Predicting Typhoons and Storm Surges The intersection of artificial intelligence and earth sciences has yielded a powerful new tool for understanding and predicting the complex dynamics of the world’s oceans.
Tencent’s High-Profile Hire Signals AGI Ambition The global race for artificial intelligence supremacy is increasingly being fought not just over silicon and compute clusters, but over human capital. In a significant move that underscores this shift, Chinese technology giant Tencent has appointed former OpenAI researcher Yao Shunyu as its new chief AI scientist.
