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China

Kazakhstan uses programmable CBDC to pay for railway to China
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29 July, 2024

Kazakhstan uses programmable CBDC to pay for railway to China

The National Bank of Kazakhstan is utilizing the programmable digital tenge to pay contractors who completed the required tasks on...
Chinese researchers turn to AI for accurate weather forecasts
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28 July, 2024

Chinese researchers turn to AI for accurate weather forecasts

The FuXI-Subseasonal AI model is made for sub-seasonal forecasts, demonstrating high accuracy for predictions within a two-week window.
Nvidia set to launch new AI chip for Chinese market amid trade embargo: sources
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26 July, 2024

Nvidia set to launch new AI chip for Chinese market amid trade embargo: sources

Trade restrictions won't keep Nvidia from continuing its partnership with China, with sources claiming the tech giant is preparing a...
China scores diplomatic win following AI resolution passage at UN
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14 July, 2024

China scores diplomatic win following AI resolution passage at UN

The AI resolution, supported by over 140 nations, seeks to leverage the technology to create equal opportunities worldwide and speed...
Ant Group’s blockchain units increased registered capital to $500M
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12 July, 2024

Ant Group’s blockchain units increased registered capital to $500M

The two units that Ant Group relied on for its blockchain ventures, including its local brand AntChain, increased capital for...
China strikes deal with Kazakhstan on cross-border CBDC
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11 July, 2024

China strikes deal with Kazakhstan on cross-border CBDC

With an ambition to transform the cross-border payments ecosystem, China partners with Kazakhstan in exploring CBDCs, which comes at the...
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