News

China’s Nvidia challenger Cambricon to raise US$560 million for AI chip development

Cambricon’s prospects have been boosted by the Chinese government’s determination to use local AI chips in data centres.
Futurism on MSN1d

The US May Have Already Lost the AI Race to China Due to a Key Weakness

As some in the US agonize over the country's pace in the "AI race," it seems China is already standing at the podium.

China closes gap in AI model development

White House AI czar David Sacks warns that the U.S. may be only three to six months ahead of China in AI development as ...

Alibaba, Baidu lead China’s AI cloud boom as market surges 55% to US$2.7 billion

The top two players each held roughly 25 per cent of the 2024 market, followed by Tencent and Huawei, IDC says.

Nvidia's China Export: Buy The Rumor And Sell The News (Rating Downgrade)

Is the good news fully priced in? Explore key insights on demand, stockpiling, and margins. Read why NVDA is a Hold.
The Economist12d

Six months after DeepSeek’s breakthrough, China speeds on with AI

Now Liangzhu, with its myriad AI startups, represents the future. Investors from all over China flock there to meet growing ...

NVIDIA (NVDA) Poised for More Upside With AI and China Tailwinds

NVIDIA Corporation (NASDAQ:NVDA) is one of the Must-Watch AI Stocks on Wall Street. On August 13, Mizuho analyst Vijay Rakesh ...

Inside the Biden Administration's Gamble to Freeze China’s AI Future

But now, as National Security Adviser Jake Sullivan declared that September, “we must maintain as large of a lead as possible ...

AI experts return from China stunned: The U.S. grid is so weak, the race may already be over

China is “set up to hit grand slams,” longtime Chinese energy expert David Fishman told Fortune. “The U.S., at best, can get ...
Amazon S3 on MSN6h

The AI Model From China That Costs 97% Less Than ChatGPT

China's DeepSeek R1 AI model triggered a $1 trillion U.S. stock market drop after outperforming major Western models like ...