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Latest: Fintech News

SenseTime Delays Rollout of AI Casino: FT
SenseTime Delays Rollout of AI Casino: FT

Creating the world’s first “AI casino”, with robot croupiers and cameras that can spot bad behaviour, was a flagship project for the firm

China’s Weibo to Raise $385m in Hong Kong Listing
China’s Weibo to Raise $385m in Hong Kong Listing

Weibo this month reported solid third-quarter results beginning with 30% year-on-year revenue growth to US$607 million

Prioritise Domestic Chipmakers, Intel CEO Tells US: Nikkei
Prioritise Domestic Chipmakers, Intel CEO Tells US: Nikkei

Having more domestic companies making computer chips would give the country more control over intellectual property, the executive argued

Ethereum Could Outdo Bitcoin as Inflation Hedge, Study Says
Japan’s New Leaders Urge Faster Pace on Digital Yen
New Zealand Central Bank Looks At Future of Cash
China Releases Big Data Development Plan: Xinhua
China Seeks Better Cross-Border Control of Big Data Via New Plan
Samsung To Supply Advanced Auto Chips To Volkswagen
Coinstore Exchange Opens in India Even As Crypto Ban 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