Hong Kong said on Wednesday that it is setting aside $127.67 million to create an artificial intelligence research institute that will conduct research and development.
Nvidia CEO Jensen Huang told CNBC that US export controls on China have hurt his business, but Chinese companies will find ways to innovate.
China's joyful embrace of DeepSeek has gone one step deeper - extending to TVs, fridges and robot vacuum cleaners with a slew of home appliance brands announcing that their products will feature the startup's artificial intelligence models.
Considered critical for US national security, the AI Diffusion rule divides the world into three tiers. At the top are countries that can access US-made AI chips without restrictions, including key chip ally Taiwan and 17 other countries.
When small Chinese artificial intelligence (AI) company DeepSeek released a family of extremely efficient and highly competitive AI models last month, it rocked the global tech community. The release revealed
Chinese high school used apps such as DeepSeek, Doubao and Kimi for winter break homework: report The growing use of artificial intelligence tools by Chinese schoolchildren has triggered a debate about how to guide pupils to use the technology while ensuring they do not lose critical thinking skills.
Hong Kong will cut thousands of civil service jobs and boost spending in artificial intelligence as it seeks to tackle an increasing deficit.
Hong Kong, Biren Technology
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Chinese AI Chipmaker Biren to Revisit $300 Million Hong Kong IPO Plan
Chip firm Biren plans Hong Kong IPO to raise $300 million funding, sources say
Chinese chip company Biren Technology is planning a Hong Kong IPO to raise around $300 million and is working with China International Capital
DeepSeek boosts AI momentum in China as Biren Technology eyes Hong Kong IPO
Former Secretary of State Condoleezza Rice explains her stance on the AI race, praising Vice President JD Vance for championing deregulation on the world stage.
DeepSeek founder Liang has received the lion’s share of media attention in recent weeks as his AI assistant ascended to the top of global app charts.
Chinese technology startups are racing for fresh fundraising to capitalise on the DeepSeek-induced fervor towards artificial intelligence, as well as President Xi Jinping's recent show of support to the country's private enterprises.
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