Trade restrictions won't keep Nvidia from continuing its partnership with China, with sources claiming the tech giant is preparing a new AI chip tailored explicitly for the Chinese market.
The AI resolution, supported by over 140 nations, seeks to leverage the technology to create equal opportunities worldwide and speed up AI innovation and integration in developing countries.
The two units that Ant Group relied on for its blockchain ventures, including its local brand AntChain, increased capital for “business development.”
With an ambition to transform the cross-border payments ecosystem, China partners with Kazakhstan in exploring CBDCs, which comes at the height of a surge in trade volume between the two countries.
Moving uniformly will be critical in bridging the "intelligence gap" between developed and developing nations in terms of tech innovation while ensuring their responsible development, according to China’s Premier.
Chinese authorities plan to launch 50 new AI standards to encourage standardization across the ecosystem, targeting a tentative launch date of 2026.
Alibaba’s Qwen-72B-Instruct LLM came in first place on Hugging Face's ranking with 43.02 score after rigorous testing across multiple benchmarks.
The IMF has released its AI Preparedness Index, which assesses 174 countries and how ready their economies are for the upcoming AI revolution; Singapore leads.
Reuters reported that OpenAI will limit access to its AI chatbots to Chinese entities starting July 9 to prevent entities from accessing a back door to its services.
Huawei's artificial intelligence infrastructure, Ascend, has moved to second place in the Chinese market and has a reputation for being "the most powerful" model in China.
Through its domestic payments platform, Tenpay Global, Tencent has been testing mBridge payments for e-commerce exports and will participate in the minimum viable product development.
Omar Al Olama, the UAE’s Minister of State for AI, revealed the country’s stance in an interview, saying, “There is going to be a lot of discussions between the UAE and the US.”
