artificial intelligence Tag

07 Apr China e-commerce: how SoftBank-backed Firework aims to help mainland merchants sell directly in overseas markets

Posted at 10:10h in Asia

“Live-stream shopping in China is very influencer-driven. People watch live streams because they trust the influencer,” he said. “Whereas in the US, it’s still brand-focused. The relationship is between the brand and the customer, not an influencer.”Unlike mainland China’s influencer-driven live-streaming e-commerce segment, the direct...

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05 Apr Chinese firms lag behind US peers in AI development ‘by two years’, Alibaba chairman Joe Tsai says

Posted at 11:30h in Asia

“China is somewhat behind, obviously,” Tsai said, citing how ChatGPT creator OpenAI has leapfrogged the rest of the tech industry in AI innovation, in a podcast interview published on Wednesday with Nicolai Tangen, chief executive of Norges Bank Investment Management – the branch of Norway’s...

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04 Apr Taiwanese semiconductor giant TSMC restarts operations after earthquake, easing concerns of chip supply disruption

Posted at 12:30h in Asia

The world’s largest independent contract chip manufacturer, which supplies 90 per cent of the world’s most advanced semiconductors to technology giants like Apple and Nvidia, restarted operations within 10 hours after work was suspended because of the worst earthquake to hit Taiwan in 25 years....

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04 Apr Apple’s ‘next big thing’: home robotics take precedence at iPhone maker after electric car cancelled

Posted at 04:04h in Asia

Apple has teams investigating a push into personal robotics, a field with the potential to become one of the company’s ever-shifting “next big things”, according to people familiar with the situation.Engineers at Apple have been exploring a mobile robot that can follow users around their...

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03 Apr Hong Kong pledges to step up expansion of innovation and technology talent pool, bolstering city’s hi-tech hub ambitions

Posted at 10:30h in Asia

He also cited how China’s 14th five-year plan for 2021-25 supports the city’s “development into an international I&T centre”.Some of the prominent speakers and guests at the 2nd Global Innovation & Technology Summit, held at the Hong Kong Science Park in Sha Tin, on April...

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02 Apr Tech war: updated US semiconductor export restrictions raise demand in China for Nvidia’s RTX 4090 graphics card

Posted at 00:00h in Asia

“The demand for high-end graphic cards remains very robust, especially after the export curbs imposed by the US government,” said Cai Zhaojie, a vendor at Huaqiangbei in the Futian district of tech hub Shenzhen, southern Guangdong province.The Biden administration last Friday revised sweeping export controls...

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30 Mar Huawei founder Ren Zhengfei focuses on digital transformation, tech innovation in meeting with PetroChina chairman

Posted at 06:49h in Asia

Ren on Thursday met Dai Houliang, chairman of both the state-owned China National Petroleum Corp (CNPC) and its listed arm PetroChina, in Shenzhen where they discussed “improving corporate governance, digital transformation and intelligent development, as well as scientific and technological innovation”, according to a report...

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29 Mar Shanghai planning US$13.8 billion fund of funds in pursuit of ‘several world-class industry clusters’, with eye on AI, biotech and semiconductors

Posted at 10:01h in Asia

The fund will underpin promising start-ups in the fields of artificial intelligence, biotechnology and semiconductors, and is expected to attract more technology firms to Shanghai, the municipal government said in a statement on Friday.The local state-owned assets watchdog will be responsible for the fund’s establishment...

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21 Mar US memory chip maker Micron soars after AI growth boosts revenue forecast

Posted at 07:28h in Asia

Micron Technology, the largest US maker of memory chips, jumped in late trading after giving a surprisingly strong revenue forecast for the current quarter, buoyed by demand for artificial intelligence (AI) hardware.Revenue for its financial third quarter will be US$6.4 billion to US$6.8 billion, Micron...

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21 Mar UN to vote on first resolution on AI, aimed at ensuring ‘safe, secure and trustworthy’ use of the technology

Posted at 06:28h in Asia

The resolution “would represent global support for a baseline set of principles for the development and use of AI and would lay out a path to leverage AI systems for good, while managing the risks”, Sullivan said in a statement to Associated Press earlier in...

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