Hong Kong Science and Technology Park (HKSTP) and AI firm SenseTime are collaborating to establish a local AI data centre by 2030. The facility aims to support AI industrialization and will reach 40,000 petaflops of computing power by the target year, with phase one completion expected by year-end.
Chinese carmakers are increasingly designing their own smart-driving chips, turning custom silicon into a key weapon in the EV tech war. Li Auto's new Mach M100 AI chip, tailored for autonomous driving, highlights this trend.
Dell founder Michael Dell described AI as based on math and data, not magic. Meanwhile, Anthropic has suspended access to its advanced AI models globally for foreign nationals following a US government order citing national security concerns.
OpenAI COO Brad Lightcap stated in an interview with Handelsblatt that every dollar invested in computing power yields three dollars in revenue. Speaking at the World Economic Forum in Davos, Lightcap addressed the AI bubble debate, discussed profitability figures, and highlighted customer challenges and a key partnership with a US subsidiary of a telecommunications company.
Tech executives believe China has an advantage in deploying AI applications to consumers, despite lagging in computing power. However, concerns about overvaluation of Chinese AI firms are rising.
Google secures $30B deal with SpaceX for xAI computing power to support Gemini Enterprise AI demand, receiving 110,000 NVIDIA GPUs from October 2023 to June 2029.
Researchers at Delft University of Technology have developed Bee-Nav, a drone navigation system inspired by honeybees. It uses minimal computing power and a small neural network to store visual memories, allowing tiny drones to navigate and return home effectively over hundreds of meters, paving the way for smaller, cheaper, and safer autonomous robots.
Shanghai's municipal government has announced plans to research and develop compute futures, a new financial derivative, as part of its strategy to become a global wealth management hub. This marks the first official mention of compute futures by Shanghai authorities.
Russian Deputy Prime Minister Alexander Novak stated that datacenters' power consumption could double by 2030, reaching 110 GW and accounting for 3% of global energy use, comparable to metallurgy and agriculture. He emphasized the need for energy system development to support AI and called for specific regulations to prevent grid overloads and ensure affordability.
China is building a national integrated computing power network to address imbalanced AI computing resources. The network aims to efficiently coordinate computing power across regions, with a monitoring platform already tracking 1.37 million PFLOPS, 72% of the national total. Projects like the "East Data West Computing" initiative and green power integration are key components.
NVIDIA announced the RTX Spark, a new SOC for laptops and small desktops, competing with AMD and Qualcomm. It offers 1 petaflop of AI power, 6,144 Blackwell RTX cores, and 20 Mediatek Arm CPU cores, with power draw up to 80W.
Academician Qian Depei proposes building a computing power network as core national digital infrastructure, akin to "computing Taobao" or "JD.com," to provide on-demand computing services and applications, changing traditional licensing models and fostering a supercomputing internet.
China is building a "national computing network" to treat AI infrastructure as a public utility. Tokens, the units processed by AI, are likened to mobile data, with daily calls exceeding 140 trillion in March. This initiative is part of Beijing's "six networks" plan, with expected investment over 7 trillion yuan this year.
Elon Musk’s SpaceX has turned one of the world’s largest artificial intelligence clusters into a commercial compute product, creating a new challenge for Bitcoin miners racing to recast themselves as AI infrastructure companies. Anthropic said it reached a deal to use the full computing power of SpaceX’s Colossus 1 facility in Memphis, Tennessee, giving the […] The post Bitcoin miners using AI as a bear market escape plan just got a new rival in Elon Musk appeared first on CryptoSlate.
SpaceX has partnered with AI rival Anthropic, providing significant computing resources for its Claude AI software. This move surprised many given Elon Musk's past criticisms of Anthropic. Musk stated he leased computing power after ensuring Claude is "good for humanity," reserving the right to reclaim it if the AI causes harm.
SpaceX has partnered with AI rival Anthropic, providing significant computing resources for its Claude AI software. This move surprised many given Elon Musk's past criticisms of Anthropic. Musk stated he leased computing power after ensuring Claude is "good for humanity," reserving the right to reclaim it if the AI causes harm.
AI firm Anthropic is experiencing an astonishing 80x revenue and usage surge, primarily driven by its popular Claude Code service. CEO Dario Amodei humorously admitted the rapid growth is 'too hard to handle,' straining resources. To cope, Anthropic is securing massive computing power from SpaceX, highlighting the intense race for AI dominance and the challenges of hyper-growth.
AI firm Anthropic is experiencing an astonishing 80x revenue and usage surge, primarily driven by its popular Claude Code service. CEO Dario Amodei humorously admitted the rapid growth is 'too hard to handle,' straining resources. To cope, Anthropic is securing massive computing power from SpaceX, highlighting the intense race for AI dominance and the challenges of hyper-growth.
AI firm Anthropic is experiencing an astonishing 80x revenue and usage surge, primarily driven by its popular Claude Code service. CEO Dario Amodei humorously admitted the rapid growth is 'too hard to handle,' straining resources. To cope, Anthropic is securing massive computing power from SpaceX, highlighting the intense race for AI dominance and the challenges of hyper-growth.
DeepSeek's launch of its V4 AI model could trigger a broad reassessment of stocks across the AI industry chain from chipmakers to LLM developers, analysts say. The breakthrough model is described as the most powerful open-source platform capable of challenging US rivals OpenAI and Anthropic, delivering top-tier coding performance and significant advantages in reasoning and agentic tasks. AI chipmakers including Cambricon Technologies and Moore Threads Technology stand to benefit from increased demand for high-performance chips produced in mainland China. China's AI chip market could rise to 1.34 trillion yuan by 2029 from 142.5 billion yuan in 2024, representing 54% annual compound growth.
Chinese chip designers Cambricon Technologies and MetaX Integrated Circuits reported substantial growth in the first quarter, as the artificial intelligence boom, lingering US export-control risks and China’s self-sufficiency push drove the country’s demand for home-grown computing power. Cambricon’s first-quarter revenue jumped 160 per cent from a year earlier to 2.89 billion yuan (US$423 million), while profit soared 185 per cent to 1 billion yuan, the company said in a filing on...
Chinese chip designers Cambricon Technologies and MetaX Integrated Circuits reported substantial growth in the first quarter, as the artificial intelligence boom, lingering US export-control risks and China’s self-sufficiency push drove the country’s demand for home-grown computing power. Cambricon’s first-quarter revenue jumped 160 per cent from a year earlier to 2.89 billion yuan (US$423 million), while profit soared 185 per cent to 1 billion yuan, the company said in a filing on...
Technology secretary Liz Kendall has warned Britain must seize the initiative on artificial intelligence or risk being left at the mercy of technology shaped by others. Speaking about the UK's ability to develop its own capabilities, Kendall highlighted that 70% of global AI computing power is provided by just five US companies – Amazon, Google, Meta, Microsoft, and Oracle. She announced a state AI investment fund launched this month and revealed plans to become more influential in designing and manufacturing AI chips. The speech comes amid concerns the UK is struggling to develop its own path in AI despite producing academic talent and hosting companies like Google DeepMind.
Chinese optical chipmaker Yuanjie Semiconductor Technology reported an elevenfold surge in first-quarter profits as domestic firms capitalise on soaring demand for computing power amid the artificial intelligence boom and the country’s tech self-sufficiency drive. Net profit in the three months ended March 31 jumped 1,153 per cent year on year to 179 million yuan (US$26.2 million), while revenue grew 321 per cent to 355 million yuan, the Shanghai-listed company said in a stock-exchange filing on...
