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US-listed shares of the chip designer, seen as benefitting from investors' hunt for the "next Nvidia", have surged more than 95% in just the last seven trading sessions alone
The Nikkei 225 was up 0.92% at the close in Tokyo on Friday, while the Hang Seng in Hong Kong jumped by 2.4%, and stocks in Australia and India were also boosted
"If you just assume that computers never get any faster, you might come to the conclusion we need 14 different planets and three different galaxies and you know four more Suns to fuel all this."
Google is partnering with the Environmental Defense Fund, a non-profit, with a plan to launch a satellite next month that uses Google's AI system to measure methane leaks
Japan's ruling party's AI project team is planning to draft preliminary rules, including penal regulations, for foundation model developers such as OpenAI
The Nikkei benchmark rose to a 34-year high, while TSMC and other chip-related stocks helped most Asian markets higher on Thursday
Hackers used large language models to seek information on rival intelligence agencies and "notable individuals" and also to develop code “with potential malicious intent”
Alter-magnets could be used to boost the storage on computer hard drives or new kinds of computers that use magnetic spin instead of current to perform measurements and calculations
Late last year a Russian firm imported car kits to assemble Citroёn C5 models at an old plant still owned by Stellantis; they came from China's Dongfeng Motor Group
Government data released on Thursday showed that GDP fell by an annualised 0.4% in the October-December period after a 3.3% slump in the previous quarter
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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
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe 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.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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