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China’s answer to ASML runs on Zeiss lenses, Financial Times reports

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China’s effort to build its own chipmaking machines finally has a coordinator. It is Huawei. And the flagship machine it is coordinating still runs on German lenses. Eleanor Olcott and Zijing Wu reported the arrangement for the Financial Times, citing multiple people familiar with the matter. TNW has not independently verified it. Huawei is investing […]

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China has 70% of a material AI needs, IQE’s CEO warns, Bloomberg reports

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A Welsh chipmaker has just posted a 40% jump in revenue. Its shares are up 849% this year. And its chief executive has told an interviewer that the industry has a supply problem it cannot fully solve. Sofia Gerace reported the interview for Bloomberg. Jutta Meier runs IQE, based in Cardiff. She said access to […]

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EU trade chief will ask CEOs how much decoupling from China they can afford

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The European Commission has a plan to loosen China’s grip on the supply chains that feed European industry, and before it proposes the plan formally, it wants to find out how much of it companies are prepared to pay for. Trade commissioner Maroš Šefčovič is expected to put that question to European chief executives on […]

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Huawei faces a US racketeering trial in New York this week

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Huawei goes on trial in New York this week, seven years after the United States charged it. Jury selection begins on Tuesday. The company is accused of racketeering, stealing trade secrets, wire fraud and bank fraud, and it denies all of it. Larry Neumeister reported the trial date for the Associated Press. Every charge is […]

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Malaysia weighs Huawei chips for sovereign AI, Bloomberg reports

Artificial Intelligence, Asia, China, Deep tech, Digital Marketing, Government and policy, SEO Tips, Technology /

Malaysia is leaning towards Huawei silicon to run its national AI project, according to Bloomberg. No foreign government has openly chosen Chinese AI accelerators over American ones before. Washington told the world last year that buying these particular chips could break its rules. Faris Mokhtar, Mackenzie Hawkins and Niki Koswanage reported the deliberations for Bloomberg. […]

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Belgian chip researcher held since May over secrets allegedly sent to China

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Belgian prosecutors have held a 52-year-old man in pre-trial detention since 10 May on suspicion of passing chip-making secrets to China. He holds Belgian and Chinese nationality. Police arrested him at Brussels Airport as he was about to board a flight to Beijing, the Federal Prosecutor’s Office said in a statement on Monday. That is […]

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The US plans to raise AI-directed cyberattacks with China, Nikkei reports

Artificial Intelligence, China, Data and security, Digital Marketing, Government and policy, SEO Tips, Technology, United States /

The rogue-agent stories of the past two months have arrived somewhere nobody planned for. They are on the agenda for a meeting between Donald Trump and Xi Jinping. The United States will raise AI safety with China when Xi visits the White House on 24 September. Nikkei Asia reported that on Sunday, citing people familiar […]

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Huawei launches Mate XT 2 tri-fold two days before Apple’s foldable iPhone

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Huawei has launched a new tri-folding phone two days before Apple is expected to show its first foldable iPhone. The Mate XT 2 was unveiled on Monday and goes on sale in China on 10 September. Apple’s event falls on 9 September, so both Huawei and Xiaomi will have shown their foldables before Apple shows […]

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Chinese banks and carriers have turned AI tokens into rewards, monthly plans and collateral

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Chinese banks, telecom carriers and a Guangzhou district have started packaging AI tokens as credit card rewards, monthly plans and a basis for business lending. Research across 25 European languages finds tokeniser fertility ranges from 1.23 tokens per word in English to about 3.1 in Greek and Maltese. Banks, telecom carriers and a district government […]

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Export controls went after China’s chips. They never touched the capital, and Moonshot is reportedly seeking $5bn.

Artificial Intelligence, Asia, China, Digital Marketing, Government and policy, Next Featured, SEO Tips, Technology /

Moonshot AI is considering raising up to $5bn in a Hong Kong initial public offering as soon as this year, Bloomberg reported on Friday. Dong Cao, Julia Fioretti, Pei Li and Luz Ding sourced the account to people familiar with the matter, who asked not to be identified because the information is private. The Beijing lab […]

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Export controls went after China’s chips. They never touched the capital, and Moonshot is reportedly seeking $5bn. Read More »

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