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EV maker Seres raised approximately $1.8 billion in its Hong Kong IPO
Chinese mainland EV automaker Seres Group (HKG: 9927) raised $1.8 billion in its HKSAR listing, expanding the offering by 8.4%. The company sold 108.6 million shares, which included an extra 8.4 milli...
Humain plans not to use Huawei chips to gain U.S. approval
Saudi Arabian AI firm Humain is intensifying efforts to secure U.S. approval for advanced semiconductor exports, emphasizing its commitment to excluding Huawei technology from its operations. CEO Tare...
China targets Qualcomm in antitrust investigation
China launched an antitrust investigation into Qualcomm on Friday. The country’s State Administration for Market Regulation alleged that Qualcomm violated anti-monopoly laws. The market regulator stat...
Senate passes bill Giving US AI chip buyers priority over China
The US Senate approved a bipartisan law late Thursday requiring leading artificial intelligence chipmakers Nvidia Corp. and Advanced Micro Devices Inc. (AMD) to prioritize American customers before fu...
Chinese exports of advanced chip gear reached $38B, up 66% from 2022 despite ban
Chinese companies scooped up nearly $40 billion worth of advanced chipmaking equipment, exposing big holes in U.S. efforts to block their semiconductor progress. A bipartisan probe by the U.S. House S...
Huawei allegedly smuggled 2.9 million TSMC dies through an intermediary
Huawei Technologies Co.’s Ascend 910C processors, considered China’s most competitive alternative to Nvidia’s AI hardware, contain advanced components from major Asian chipmakers. Research firms, incl...
Huawei ramps up chip manufacturing, set to rival Nvidia's market dominance
Huawei, Chinese technology giant, is getting ready to significantly boost manufacturing of its cutting-edge artificial intelligence processors, positioning itself to capture more market share as Ameri...
Alibaba plans to use Nvidia’s AI tools to build robots, self-driving cars
Alibaba Group Holdings Ltd. has announced plans to integrate Nvidia Corp.’s suite of physical AI tools into its cloud software platform. This move will allow Alibaba’s Hangzhou-based cloud intelligenc...
Huawei to build massive AI SuperClusters with over 1M chips
Huawei is ramping up its push in artificial intelligence hardware, aiming to deploy massive AI “SuperClusters” both domestically and internationally as it seeks to rival Nvidia’s lead in high-performa...
China turns farmland into AI data hub with $37B investment
China has begun transforming farmland into a major tech hub, aiming to strengthen its role in artificial intelligence. On a 760-acre island on the Yangtze River, vast rice fields in the city of Wuhu a...
China’s top auto group kicked off full-scale investigation of U.S. chip trade discrimination
The China Association of Automobile Manufacturers on Friday kicked off a full-scale investigation into what it describes as discriminatory U.S. trade policies targeting chip supply in the country’s au...
Huawei AI Unleashes Strategic Infrastructure Amid Nvidia’s China Lockout
BitcoinWorld Huawei AI Unleashes Strategic Infrastructure Amid Nvidia’s China Lockout In the rapidly evolving world of technology, shifts in global supply chains and geopolitical dynamics can send rip...
