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Latest: Fintech News

Alibaba, Baidu Slash Price of Language Models Used With AI Bots
Alibaba, Baidu Slash Price of Language Models Used With AI Bots

China's biggest tech giants have intensified a price war that started in the cloud computing sector and has now spread to AI chatbots

US, EU Must Act Jointly on China’s Industrial Overcapacity: Yellen
US, EU Must Act Jointly on China’s Industrial Overcapacity: Yellen

US Treasury Secretary says China’s excess industrial capacity is a threat to companies on both sides of Atlantic, plus industries in emerging market nations. She also wants G7 action on frozen Russian assets

Aussie Who Said he Invented Bitcoin Lied on ‘Grand Scale’: Judge
Aussie Who Said he Invented Bitcoin Lied on ‘Grand Scale’: Judge

UK judge ruled on Monday that there was 'overwhelming' evidence that Wright was not 'Satoshi Nakamoto,' writer of the foundational text for Bitcoin

Crypto Venture Capital Funding Topped $2.4bn For Q1
Apple Offers Big iPhone Discounts in China Amid Sales Slump
China’s 10min Charge Car Battery Can Last 600 Miles – Yahoo
Didi Co-Founder Liu Becomes ‘CPO’ at China Ride-Hailing Giant
China Bans US Firms, Starts Dumping Probe as Trade Rows Flare
Musk in Bali as Indonesia Turns to Starlink to Push Digital Dream
TikTok, US Call on Court to Fast-Track Appeals as Ban Date Looms

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