Qiushi Journal, a top theoretical journal of the Communist Party, acknowledged a significant economic divide between China's booming AI sector and its struggling traditional industries, stressing that rapid technological advances must not leave ordinary citizens behind.
Hong Kong lawmaker Kenneth Fok urged authorities to ensure fair access to AI in sports, rather than restrict its use, citing concerns that some nations may lack the newest models and tools, impacting athlete development and competition fairness.
Hesai, the world's largest lidar sensor maker for cars, plans to design and manufacture its own chips rather than rely on third-party suppliers, CEO David Li Yifan announced at a media briefing. The company says existing chip providers cannot meet the specific needs of lidar sensor development, as no other company develops chiplets specifically for lidar makers. The announcement comes as Chinese EV manufacturers increasingly demand powerful computing capabilities to support advanced autonomous driving features, with Xpeng claiming its indigenous Turing chip outperforms Nvidia's Drive Orin X by three times.
Economist Nouriel Roubini, formerly known for his bearish predictions, now forecasts a significant economic boost driven by AI and other emerging technologies, projecting US growth could reach 4% by the end of the decade.
