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China

Huawei records huge leaps in AI, rivaling US and European counterparts
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30 June, 2024

Huawei records huge leaps in AI, rivaling US and European counterparts

Huawei's artificial intelligence infrastructure, Ascend, has moved to second place in the Chinese market and has a reputation for being...
Tencent to participate in mBridge MVP
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27 June, 2024

Tencent to participate in mBridge MVP

Through its domestic payments platform, Tenpay Global, Tencent has been testing mBridge payments for e-commerce exports and will participate in...
Nvidia new gaming chip for China complies with US export controls
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9 January, 2024

Nvidia new gaming chip for China complies with US export controls

The U.S.-based chipmaker's new gaming chip, "GeForce RTX 4090 D," offers a "quantum leap in performance" laced with artificial intelligence...
Baidu’s AI Ernie bot reached 100M users in China in under 6 months
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6 January, 2024

Baidu’s AI Ernie bot reached 100M users in China in under 6 months

Designed as an alternative to OpenAI's ChatGPT, Ernie bot received praises from critics, surging to the top of the Chinese...
Chinese VC firm pledges $10B fund to support Web3 startups
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4 January, 2024

Chinese VC firm pledges $10B fund to support Web3 startups

In an attempt to turn the Greater Bay Area into "world's meta-asset capital," China’s GBA Capital invests a whopping $10B...
India targets ‘offshore’ exchanges; China takes aim at Tether conversions
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2 January, 2024

India targets ‘offshore’ exchanges; China takes aim at Tether conversions

India's FIU issued 'compliance show cause' orders to nine digital asset exchanges alleging them of "operating illegally without complying" with...
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