Fintech Insights

Japan Joins US Chip War Against China With Export Restrictions

Japan wants to stop its advanced technology being used for military purposes and does not have a specific country in…

2 days ago

Musk, Experts Call for Pause on Training of Powerful AI Systems

Elon Musk and artificial intelligence experts have signed an open letter calling for a 6-month pause in training of systems…

4 days ago

China Banks on Boot Camps, Double Pay to Boost Chip Talent

China faces a shortage of an estimated 200,000 industry workers this year, a problem that has become even more critical…

4 days ago

FTX’s Bankman-Fried Accused of $40m Bribe to China Officials

US prosecutors say Bankman-Fried ordered a $40m crypto payment to persuade Chinese authorities to unfreeze Alameda accounts with more than…

4 days ago

China Tech Giants, Hong Kong Surge on Alibaba Breakup Plan

Group's shares jump 16% after similar rise in the US; Hang Seng Index lifted by speculation China's regulatory crackdown is…

4 days ago

Alibaba Shares Jump After News it Will Split Into Six Units

The Chinese e-commerce giant on Tuesday announced the biggest rejig in its history, which will see it split into six…

5 days ago

Alibaba to Rejig Operations Into Six Units to Lift its Mojo – SCMP

Chinese tech giant will reorganize its businesses into six independently run entities to shorten its decision-making processes, CEO Daniel Zhang…

5 days ago

Why Nvidia Preferred ChatGPT to ‘Useless’ Crypto – Guardian

Chipmaker Nvidia preferred to see its powerful processors being used on the artificial intelligence chatbot ChatGPT rather than mining crypto,…

6 days ago

China Says US Has Failed to Prove TikTok is a Security Threat

China's Foreign Ministry said on Monday that the US has made a presumption of guilt against TikTok without presenting evidence…

6 days ago

Huawei Beats US Sanctions With Chip Tool Breakthrough

The Chinese tech giant lost access to the software in 2020 due to sanctions imposed by the US and saw…

1 week ago

Nvidia Tweaks Another Flagship AI Chip for Export to China

The move follows sweeping export controls implemented by the United States last year that stopped Nvidia from selling its two…

2 weeks ago

‘Let’s Change the Subject’: Baidu’s Ernie Ducks Queries on Xi

Ernie bot responded in a similar manner to questions about China's 1989 Tiananmen Square crackdown and the treatment of Uyghur…

2 weeks ago