fbpx

Type to search

Latest: Fintech News

ByteDance’s Viral Video Model Signals China’s Increasing Grip on AI
ByteDance’s Viral Video Model Signals China’s Increasing Grip on AI

The success of Seedance — hailed as another ‘breakthrough’ by Chinese media — is in line with Beijing’s lofty ambitions to position itself as a global leader in artificial intelligence

Thais to Seize $420m Assets Linked to Cambodia, Online Scams
Thais to Seize $420m Assets Linked to Cambodia, Online Scams

Anti-Money Laundering officials in Thailand move to get courts to allow them to seize hundreds of assets linked to online fraud in Cambodia, where a 'crackdown' is in full swing

China, BRICS Nations Hedging Exposure to US Debt? – Fortune
China, BRICS Nations Hedging Exposure to US Debt? – Fortune

News that China told local financial entities to limit their buying of US Treasuries has spurred debate on whether some nations want to cut exposure to US debt at a time when geopolitical risks appear to be rising

India’s New 3-Hour Content Takedown Demand ‘Impossible’: Experts
Researchers Say AI Doesn’t Make Work Easier, Just Intensifies It
China Unveils New Year Measures as Consumption Data Dips
Taiwan Says it Won’t Move 40% Chipmaking or Advanced Tech to US
Anutin’s BJT Wins a Nationalist Election Victory in Thailand
Japanese Stocks Soar After Takaichi’s Landslide Poll Win
China, US Opt Out of Global Pledge on AI Use in Military Domain

Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors