The US semiconductor outfit made the prediction as it unveiled two new AI chips as it bids to compete with sector-leader Nvidia
Gemini is the largest AI model that the company's Google DeepMind AI unit has helped to develop
‘Tianhe Xingyi’ has more CPU computing power and better networking capabilities than its predecessor, Tianhe-2, Xinhua reported
The state-backed fund is looking to support various elements of the semiconductor supply chain, including “design, equipment, components and raw materials,” state media says
CEO Huang said the group's plan "is to continue to work with the government to come up with a new set of products that comply with the new regulations that have certain limits".
US Commerce Secretary warns chip sector that Washington is set to “transform” its approach to export controls to stop firms like Nvidia from innovating specifically for the Chinese market
The joint public-private project will serve companies like China Telecom and AI firm SenseTime, and see huge savings on land and electricity costs
There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
The 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.
The Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
Asia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade