Baidu unveils Ernie 4.0 AI system, says overall performance ‘on par with ChatGPT’
The Chinese megacorporation claims its newest model rivals OpenAI’s popular model in generating text, images, and video.
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Canon’s new technology competes with ASML in chip manufacturing
The new system, FPA-1200NZ2C, can produce semiconductors matching a 5nm process and scale down to 2nm, surpassing the capabilities of the A17 Pro chip found in Apple's iPhone 15 Pro…
US authorities monitor China-linked Bitcoin miners amid national security concerns: Report
A crypto mining operation near a Microsoft facility that supported the Pentagon was reportedly under scrutiny by U.S. officials.
China sets stricter rules for training generative AI models
The draft regulations emphasize that data subject to censorship on the Chinese internet should not serve as training material for these models.
Biden considers tightening AI chip controls to China via third parties
The additional restrictions being considered by the Biden administration would try to target ways Chinese developers could access U.S.-made AI semiconductor chips.
China opens industrial park for digital yuan CBDC development in Shenzhen
The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan.
Crypto lending invalidated by Chinese court in second landmark ruling
The plaintiff, Mr. Ming, will have no judicial relief to recoup his 80,000 Tether loan after its borrower defaulted.
Caroline Ellison Says FTX Bribed The Chinese Government With $100 Million
Former Alameda Research CEO Caroline Ellison offered more details about various financial crimes she committed at FTX with her ex-boyfriend, Sam Bankman-Fried while testifying in court on Wednesday. Besides stealing…
Saudi Arabia and China collaborate on Arabic-based AI system
A university in Saudi Arabia has collaborated with two Chinese universities to create an Arabic-focused AI system called AceGPT.
Hong Kong’s Crypto Initiatives Spark ‘Bubbling Optimism’ in East Asia: Chainalysis
Eastern Asia ranks as the fifth most active crypto market, contributing 8.8% of global digital asset activity between July 2022 and June 2023. Its decline over the last few years…
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