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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 - 14:36
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IMF Lifts China′s Growth Outlook (AFX)
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BEIJING (dpa-AFX) - The International Monetary Fund raised China's growth outlook citing policy stimulus measures and reduced US-China bilateral tariffs.The IMF raised economic growth for this yea......
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10.12.25 - 14:18
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Hong Kong home prices to rise in 2026 on the back of mainland Chinese buyers, rate cut (SCMP)
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Hong Kong home prices are likely to see up to a 5 per cent boost in 2026 on the back of mainland Chinese buyers, interest rate cuts and fewer unsold new flats, according to analysts.
In addition, the stamp duty adjustment and Hong Kong's resurgent stock market were also expected to help sustain stability in the city's residential property market, according to JLL and Cushman & Wakefield.
Those factors, JLL analysts said, were projected to help trim Hong Kong developers' swollen inventory, which......
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10.12.25 - 14:06
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Chinese supercomputer maker Sugon and chip developer Hygon call off merger plans (SCMP)
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Chinese supercomputer maker Sugon and chip designer Hygon Information Technology have called off a planned mega-merger that had been under discussion for months, in a surprise move that could complicate the country's tech self-sufficiency efforts in the semiconductor and high-performance computing sectors.
The two Shanghai-listed companies late on Tuesday said they cancelled merger talks because “the market environment has changed significantly since the initial planning stages of this......
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