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10.12.25 - 06:01
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Nvidia Welcomes U.S. Nod to Sell H200 AI Chips in China (Caixin)
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Nvidia Corp. on Tuesday called the U.S. government's decision to allow the company to export its H200 artificial intelligence (AI) chips to commercial customers in China “a welcome approach.”The comment to Caixin came a day after U.S. President Donald Trump announced in a Truth Social post that Washington would permit sales of the H200 to China, conditional on the continued assurance of American national security and a requirement that Nvidia pay 25% of sales proceeds to the U.S. government.In the post, Trump said that he had informed Chinese President Xi Jinping of the decision and that Xi “responded positively.” “25% will be paid to the United States of America,” he added. In August, Nvidia was asked to give the U.S. government 15% of the revenue it derived from China sales of the H20 — a less powerful processor previously cleared for the market.The U.S. policy shift addresses a complex dynamic in the global tech race. While Nvidia tries to regain a critical market after export controls d...
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10.12.25 - 05:06
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Microsoft makes US$17.5 billion pledge for AI cloud in India (SCMP)
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Microsoft pledged to invest US$17.5 billion on artificial intelligence and cloud computing in India over four years, targeting the world's most populous nation to help fuel its growth.
Chief Executive Officer Satya Nadella made the announcement Tuesday after meeting with Prime Minister Narendra Modi in New Delhi, ahead of a tour through the country. Microsoft said the investment will focus on three pillars – scale, skills and sovereignty – which align with Modi's goal of building a broad......
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10.12.25 - 03:06
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Alibaba creates new unit to push consumer use of its Qwen AI models (SCMP)
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Alibaba Group Holding said on Tuesday that it will set up a new division to push the consumer use of artificial intelligence applications based on its Qwen family of large language models.
The new business unit, Qwen Consumer Business Group, led by Alibaba vice-president Wu Jia, will oversee the Qwen chatbot app, the Quark AI assistant and cloud drive, AI hardware products, the UC Browser and the online reading platform Shuqi.
The move marked a significant organisational change at Alibaba to......
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10.12.25 - 02:30
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ASTRI sees AI+ as the transformative force driving innovation and technology in Hong Kong and the GBA (SCMP)
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[The content of this article has been produced by our advertising partner.]
Aligning with the latest direction of I&T development outlined in the Chief Executive's Policy Address – which calls for accelerating AI advancement alongside the development of the Northern Metropolis and the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone (the Loop) – ASTRI has intensified its push for AI+ applications. This initiative integrates AI with patented technologies across fields......
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10.12.25 - 02:24
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CEOs Are All-In on AI (WSJ EN)
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Chief executives are bullish on the broad economic impact of artificial intelligence, but do expect it to weaken the job market, according to a new survey....
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