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Latest: Fintech News

China Entrepreneurs Face Grim Future, Says Beijing Academic
China Entrepreneurs Face Grim Future, Says Beijing Academic

China's private sector, especially technology and new economy startups, relies on founders’ genius and international investors rather than state-owned enterprises

South Korean AI Firm Raises Funds to Build Synthetic Data
South Korean AI Firm Raises Funds to Build Synthetic Data

According to the startup, one of its AI models powered by synthetic data for a healthcare client improved the accuracy of gastric cancer diagnosis by 10%

Steam App Helps China Users Evade Censors – MIT Tech Review
Steam App Helps China Users Evade Censors – MIT Tech Review

Steam lets Chinese users, who account for at least 40% of Wallpaper Engine’s global user base, bypass censors to download pornography

Indian Food Apps Zomato, Swiggy Face Restaurant Revolt
Korea’s Naver Office Combines Robots, Humans – Nikkei
Google Fires ‘AI is Sentient’ Engineer – Big Technology
Semiconductor Sector Outgrows Boom and Bust Cycles: Pimco
Three Arrows Excluded as Crypto White Knight Rescues Voyager
China Tech Firms Fear Didi $1.2bn Fine Sign of More to Come
China’s SMIC Beats Sanctions to Make 7nm Chips – TechInsights

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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