STAR Market Daily news outlet said the new chips are called the HGX H20, L20 PCIe and L2 PCIe and that Nvidia could announce them from late next week
The foray by Ant into financial AI is notable as the company founded by billionaire Jack Ma is China's biggest fintech firm
China is changing its approach to AI amid a slowdown and debt crisis in its real estate sector — which has accounted for nearly a quarter of the country’s economic output
Rumours on multi-platform social media channels also claimed about 20,000 football fields it owns would be taken back by Beijing, the iPhone supplier alleged
In attendance at the summit will be Goldman Sachs Chief Executive David Solomon, Morgan Stanley boss James Gorman and Citigroup's Jane Fraser, among others
The three, along with 26 other other signatories signed the "Bletchley Declaration" at the AI Safety Summit in Britain on Wednesday
Andrew Ng, one of the founders of Google Brain and a Stanford University professor, warns that Big Tech companies are keen to trigger heavy regulation to reduce competition in the AI sector
Chinese tech giants, including Alibaba, ByteDance and Baidu, had placed orders worth billions for 2024 and Nvidia had planned to deliver some of them by mid-November
The Southeast Asian nation already does chip packaging and testing for US giant Intel, but wants to build its first fab for basic chips in coming years
In a filing to the SEC, Nvidia noted five chips that will be impacted as the rules go into effect: the A100, A800, H100, H800, and L40S
ASML detailed the chip technology theft, which happened in 2022, in part of its annual report in February this year
Analysts say the US move last week to expand its export controls may allow the Chinese tech giant to fill the void created by the ban on Nvidia's popular artificial intelligence chips