Auto Added by WPeMatico
Greer told Bloomberg TV the bilateral did not address chip controls, even as Reuters reported the Trump administration cleared Nvidia H200 sales to several Chinese firms after the Xi meeting. Semiconductor export controls were not a major topic at this week’s US-China bilateral meetings in Beijing, US Trade Representative Jamieson Greer told Bloomberg TV on […]
This story continues at The Next Web
Chip export controls were not a major topic in Beijing, US Trade Rep Greer says Read More »
The idea that an AI system could improve itself, then use those improvements to improve itself again, faster, in an accelerating loop that eventually outpaces every human researcher on earth, has been a fixture of computer science folklore since at least the 1960s. For most of that time, it remained comfortably theoretical. Now someone […]
This story continues at The Next Web
A four-month-old startup just raised $650 million to build AI that improves itself Read More »
Beijing’s foreign ministry hit the MATCH Act on the eve of the Xi summit, with a 150-day alignment deadline for Japan and the Netherlands at the heart of the legislation Beijing has sharpened its criticism of US legislation that would tighten controls on semiconductor manufacturing equipment, on the morning Donald Trump arrived in the Chinese […]
This story continues at The Next Web
China sharpens criticism of US chip-equipment bill as Trump arrives in Beijing Read More »
Bristol Myers Squibb has signed a deal worth up to 15.2 billion dollars with Jiangsu Hengrui Medicine, China’s largest pharmaceutical company by market capitalisation. The agreement covers 13 early-stage drug programmes across oncology, haematology, and immunology. None of the drugs have entered human clinical trials. The deal was announced on the same day that […]
This story continues at The Next Web
On Friday evening, China Central Television’s most-watched news programme broadcast footage that has never been shown publicly. The Chip Fundamental Technology Research Laboratory at Huawei’s Lianqiu Lake campus in Shanghai appeared on Xinwen Lianbo, the state-run bulletin that reaches more than 200 million viewers nightly, in a segment showing Huawei founder Ren Zhengfei hosting […]
This story continues at The Next Web
China’s export earnings have reached roughly $500m an hour, according to a Bloomberg calculation based on the latest customs data, with AI-related goods accounting for about half of the year-on-year growth that has driven the figure to record levels. Total Chinese exports rose 14.1% year-on-year in April to a record $359.4bn, comfortably ahead of consensus […]
This story continues at The Next Web
China’s Moonshot AI raises $2B at $20B valuation as demand for open-source AI skyrockets Read More »
Meituan Dragon Ball is leading a $2bn round in the Beijing-based maker of the Kimi chatbot, with China Mobile and CITIC Private Equity Funds participating. The valuation is roughly seven times the figure Moonshot carried sixteen months ago. Moonshot AI, the Beijing-based developer of the Kimi chatbot, is closing a $2bn funding round at a […]
This story continues at The Next Web
Moonshot AI’s $20bn valuation seals one of China’s fastest AI funding trajectories Read More »
DeepSeek could hit $45B valuation from its first investment round Read More »