Technology companies

China’s AI industry could see US$1.4 trillion in investment in 6 years, executive says

by
China’s AI industry could see US.4 trillion in investment in 6 years, executive says

China’s artificial intelligence (AI) industry could pour more than 10 trillion yuan (US$1.4 trillion) into developing the technology in the next six years, according to Chen Liang, chairman of the state-backed investment vehicle China International Capital Corporation (CICC). Chen made the comments on Sunday during a talk at the International China Investment Forum, organised by … Read more

Nvidia subpoenaed by US Justice Department in escalating antitrust probe

by
Nvidia subpoenaed by US Justice Department in escalating antitrust probe

The US Justice Department sent subpoenas to Nvidia and other companies as it seeks evidence that the chip maker violated antitrust laws, an escalation of its investigation into the dominant provider of AI processors. The DOJ, which had previously delivered questionnaires to companies, is now sending legally binding requests that oblige recipients to provide information, … Read more