8 d. ago Stampede for Moore Threads’ IPO as China flexes its GPU ambitions

Chinese onshore investor frenzy for artificial intelligence chips has intensified, with the initial public offering (IPO) of Beijing-based graphics processing unit (GPU) maker Moore Threads drawing more than 4,000 times subscription from retail investors this week. The red-hot demand for Moore Threads highlights China’s determination to build home-grown alternatives to Nvidia’s chips, and is expected to accelerate listing plans for other domestic GPU developers, from MetaX to Biren...

Politics

2 w. ago US panel urges economic statecraft body to tackle China’s growing tech challenge

A leading advisory panel on China policy urged Congress on Tuesday to establish a “consolidated economic statecraft entity” to handle technological and other national security challenges posed by China’s “systematic and persistent evasion” of American export controls and sanctions. “This recommendation addresses the critical gap between export controls and sanctions as written and their actual enforcement, recognising that China and Russia continue to successfully circumvent existing safeguards...

Economics

2 w. ago US panel urges new economic statecraft body as China’s tech challenge grows

A leading advisory panel on China policy urged the US Congress on Tuesday to establish a “consolidated economic statecraft entity” to handle technological and other national security challenges posed by China’s “systematic and persistent evasion” of American export controls and sanctions. “This recommendation addresses the critical gap between export controls and sanctions as written and their actual enforcement, recognising that China and Russia continue to successfully circumvent existing...

Economics

2 w. ago Growth in China’s tech stocks just getting started: JPMorgan banker

The recovery of China’s tech stocks from their trough is still at an early stage, as the country’s emergence as an artificial intelligence superpower reshapes global platforms and lures Western capital back, according to a senior investment banker at JPMorgan. As Chinese entrepreneurs expanded their businesses globally and deepened their involvement in AI, their companies and fundraising plans were once again drawing the attention of international investors after years of stagnation, said Mark...

Politics

2 w. ago Listed firms on China's STAR market show growth momentum amid hard tech push

Listed firms on China's STAR market show growth momentum amid hard tech push  chinadailyasia.com

Economics

3 w. ago China’s tech giants to lead AI growth despite chip challenge: JPMorgan

China’s internet giants are poised to drive the continued adoption of artificial intelligence in the country, with AI chip shortages unlikely to pose significant obstacles for the sector in the short term, according to JPMorgan analysts. Sustained user adoption of AI features would be a key theme in the coming year despite the absence of “clear evidence” of AI monetisation in China, said Alex Yao, co-head of Asia-Pacific technology, media and telecoms equity research, in a briefing on...

Politics

3 w. ago Tencent expands into AI ‘world models’ as tech giants chase spatial intelligence

Chinese tech giant Tencent Holdings is laying the groundwork for what many see as the next frontier of artificial intelligence by investing in “world models” that simulate the physical environment, according to its head of 3D generation and world modelling. China’s most valuable tech conglomerate joins a fast-growing cohort that includes Google DeepMind and Elon Musk’s xAI in exploring “spatial intelligence”, which some experts have described as “AI’s next great frontier”. On Wednesday, AI...

Politics

3 w. ago China taps potential of new tech application scenarios to boost economic growth

China taps potential of new tech application scenarios to boost economic growth  Big News Network.com

Economics