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10.12.25 - 17:45
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China′s DeepSeek Using Banned Nvidia Chips To Develop Next Major Model (ZeroHedge)
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China's DeepSeek Using Banned Nvidia Chips To Develop Next Major Model
Chinese AI startup DeepSeek has been using 'several thousand' banned Nvidia Blackwell chips to develop its next major model, The Information reports, citing six people with knowledge of the matter.
The chips in question were smuggled into China through a complex scheme that involves sending them to data centers in countries that are allowed to purchase them - then dismantling the servers and importing the components to China.
Doing so allowed DeepSeek to remain competitive in the AI race, as Chinese AI chips are still not sufficient to train AI models - a process in which the models 'learn' from mountains of data. While Beijing has pushed for domestic companies to use homegrown alternatives, the Nvidia chips are currently the only ones that can get the job done.
Nvidia's Blackwell, which shipped in the fourth quarter of 2024, have been used by companies including xAI, Google, Microsoft and OpenAI - which all...
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10.12.25 - 15:45
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Alibaba: Zuckerberg sorgt für Kurssprung (Der Aktionaer)
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Die Aktie von Alibaba ist am Mittwochnachmittag plötzlich angesprungen. Auslöser für den zwischenzeitlichen Anstieg um rund vier Prozent war niemand geringeres als Meta-Gründer Mark Zuckerberg. Wie die Nachrichtenagentur Bloomberg berichtete, orientiert sich der Konzern bei seinem neuesten KI-Modell auch an Alibabas Qwen....
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10.12.25 - 11:30
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HKD1.6B Southbound Trading Net Outflow from TRACKER FUND (AAStocks)
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There was HKD619.8 million, HKD342.8 million and HKD246.4 million Southbound Trading net inflow to XIAOMI-W (01810.HK), BABA-W (09988.HK) and YOFC (06869.HK).There was HKD1.6 billion, HKD605.6 million and HKD451 million Southbound Trading net outflow from TRACKER FUND (02800.HK), TENCENT (00700.HK) and SMIC (00981.HK).For Southb......
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10.12.25 - 10:06
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China′s Moore Threads to unveil AI chip road map to rival Nvidia′s CUDA system (SCMP)
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Moore Threads Technology is set to launch its latest graphics processing unit (GPU) architecture next week, fresh from the Chinese artificial intelligence chip designer's stellar trading debut last Friday in Shanghai.
Founder, chairman and CEO Zhang Jianzhong will unveil the Beijing-based firm's fifth-generation GPU architecture during its inaugural MUSA Developer Conference on December 19 and 20 in the nation's capital, according to the company's latest post on WeChat.
MUSA refers to the firm's......
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10.12.25 - 09:30
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Full-day Takeaway: HSI Closes at 25,540, Up 106 pts; HSTI Closes at 5,581, Up 26 pts; OOIL Down over 5%; HANSOH PHARMA, ZOOMLION Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI rose 106 pts or 0.4% to 25,540. HSTI rose 26 pts or 0.5% to 5,581. HSCEI gained 18 pts or 0.2% to 8,954. Market turnover reached $193.39 billion.Active Heavyweights:MEITUAN (03690.HK) closed at $100, up 2.7%BABA (09988.HK) closed at $153.2, up 1.5%XIAOMI (01810.HK) closed at $41.78, up 1.3%PING AN (02318.HK) closed......
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10.12.25 - 05:15
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Midday Takeaway: HSI Closes Midday at 25,325, Down 109 pts; HSTI Closes Midday at 5,516, Down 37 pts; OOIL Down over 4% (AAStocks)
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At midday close, HSI dropped 109 pts or 0.4% to 25,325. HSTI dropped 37 pts or 0.7% to 5,516. HSCEI fell 45 pts or 0.5% to 8,890.Active Heavyweights:MEITUAN (03690.HK) closed at $98.5, up 1.2%TENCENT (00700.HK) closed at $596.5, down 1%CCB (00939.HK) closed at $7.54, down 0.9%HKEX (00388.HK) closed at $397.6, down 0.9%BABA (0998......
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10.12.25 - 04:15
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TENCENT Renames Overseas Version of Hunyuan Model to 'Tencent HY' (AAStocks)
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TENCENT (00700.HK) announced that the overseas version of its Hunyuan foundation model will be simplified from "Tencent Hunyuan" to "Tencent HY".Li Qiang, Vice President of TENCENT, said last month that the in-house Hunyuan foundation model is accelerating its iteration, and Hunyuan 3D will expedite its overs......
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