The technology investment group is now pinning its hopes on chip designer Arm to turn its fortunes around after ‘hitting the bottom’

South Korean conglomerate says its new AI technology, Samsung Gauss, is a generative language model that can help compose emails, translate content and perform various other tasks

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 US tech giant didn’t reveal why it had shelved its plan but had previously raised concerns about stable power supplies and Hanoi bureaucracy

Chinese tech firms have historically relied on sector leader Nvidia but Washington’s tech curbs have prompted a shift away from the US firm

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

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

New order will require developers of AI systems that pose risks to security, the economy, health or safety to share test results, while officials set standards for key chemical, biological, radiological, nuclear, and cyber risks

Up until now Japan, the US and countries in Southeast Asia have taken a more hands-off approach than the EU and Canada to AI innovation