Every big chip player to re-work investment plan for India; their consideration not if and when but how soon: Vaishnaw

India has set its sights on becoming a formidable force in global semiconductor equation, rivalling known destinations like Taiwan and South Korea in next 5 years, Union Minister Ashwini Vaishnaw has said asserting that if and when mindset of global players has changed to an eagerness to invest in the country. In an interview to … Read more

OpenAI’s Sora pours ‘cold water’ on China’s AI dreams, as text-to-video advancements prompt more soul-searching

Zhou Hongyi, the founder of Chinese internet security firm 360 Security Technology, which has joined China’s race to launch its own ChatGPT-style large language model, said the introduction of Sora was like a “barrel of cold water poured down China’s head”, Chinese media Yicai reported on Friday. “It cools down the heads of many people, … Read more

Chinese police highlight crime crackdown in strategically important finance, tech sectors

Police in Shanghai have said a string of arrests in connection with the theft of hi-tech trade secrets was the result of a stepped up effort to protect the strategically important sector, as well as a renewed crackdown on financial crimes. Fourteen suspects were detained and seven servers confiscated after police were tipped off that … Read more

China’s top spy agency vows to safeguard critical minerals, slams Western tech containment

The WeChat post listed lithium, gallium, germanium and rare earths as precious mineral resources – saying they had fuelled the development of strategic new industries, such as new energy, semiconductors, artificial intelligence and aerospace. “Strategic critical minerals have become an important engine for speeding up the building of a modern industrial system and promoting high-quality … Read more