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The global energy transition needs to average $5.6 trillion a year from 2025 to 2030 to meet net zero emissions by 2050; current investment levels are only 37% of what's required despite topping $2 trillion
"Qwen 2.5-Max outperforms ... almost across the board GPT-4o, DeepSeek-V3 and Llama-3.1-405B," Alibaba's cloud unit claimed on Wednesday
US executives say limiting the 'distillation' process from open-source models, in which one AI system learns from another, may be difficult to stop
The investment will be made by the Singapore unit of TikTok's parent Bytedance and the data centre will support companies affiliated with the popular short-video site
PM says: “We will urgently look at whether we need to make more cooperative plans and future assistance programmes for the industrial sector."
Microsoft's security researchers observed that "individuals they believed to be connected to DeepSeek" were involved in an unauthorized data transfer several months ago
Meta has reportedly established four "war rooms" with engineers to assess the AI model developed by Chinese startup DeepSeek, insiders have alleged
Satellite photos show China appears to be building a large laser-ignited fusion research centre in a southwestern city
Shares of Nvidia plunged by 17% on Monday, wiping nearly $600 billion from the chipmaker's market value, a record one-day loss for any company.
American billionaires and tech giants are falling over each other to get their bids in for TikTok
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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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
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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