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Latest: Fintech News

UK Study Found AI Models’ Responses Collapsed Into Nonsense
UK Study Found AI Models’ Responses Collapsed Into Nonsense

Researchers found a disturbing drop in quality, which they called "model collapse," when they set out to test AI tools on material already generated by AI models

Data Centre Boom Will Boost Clean Power Drive: Morgan Stanley
Data Centre Boom Will Boost Clean Power Drive: Morgan Stanley

Greenhouse gas emissions by the global data centre industry are forecast to amount to about 40% of what the US emits in a year by 2030

Facebook Partner Says Phone Apps Spy on Users for Adverts
Facebook Partner Says Phone Apps Spy on Users for Adverts

Report says "active listening" software "captures" users' conversations to better serve the social media giant's advertising partners

Humans Defeat AI Model in Document Summary Test – Crikey
Call for US Product Safety Probe of Items Sold on Shein, Temu
China Behind Online US Election Propaganda Campaign: Researchers
China Likely to Spend $50 Billion on Chip Equipment This Year
Mongolia Ignores ICC Warrant, Welcomes Vladimir Putin
Spotlight on Big Tech’s Power and Water Use Amid AI Surge
Alibaba’s 3-Year ‘Rectification’ Period Over, Says Regulator

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