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Latest: Fintech News

Weak ASEAN Nations ‘at Risk of Evolving Into Scamming States’
Weak ASEAN Nations ‘at Risk of Evolving Into Scamming States’

Top analyst says crime zones are seeing a huge inflow of stolen funds; calls for sanctions to be imposed on Karen warlord who hosts scam centres on the Thai-Myanmar border

OpenAI Wants Data Centres With Huge Power Demands – Fortune
OpenAI Wants Data Centres With Huge Power Demands – Fortune

OpenAI's proposed data centres would need power equal to the output of about five nuclear reactors – at least 100 times the requirements of a standard large data centre

Bumps Ahead For Huawei in Race to Rival Nvidia With New AI Chip
Bumps Ahead For Huawei in Race to Rival Nvidia With New AI Chip

Huawei has sent out samples of its new Ascend 910C to top Chinese server companies, but issues continue to persist with the chip's predecessor

Altman Looks to Calm Nerves on OpenAI Shake-Up Amid Fundraising
Former Defence Minister Shigeru Ishiba to be Japan’s Next PM
Big Tech’s Hunger For AI Power Unsettling ESG Investors
China Hits Back at Canada Tariffs With ‘Anti-Discriminatory’ Probe
‘Deepfake’ of Ukrainian Official Targets Top US Senator: NYT
Super-Fast EV Battery Runs For 200km on 5min Charge – CEP
Russia Secretly Building War Drones in China, EU Intel Says

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