Saudi Arabia, China Partner to Create Arabic-based AI System
Saudi Arabia’s King Abdullah University of Science and Technology (KAUST) has collaborated with two Chinese universities to develop an artificial intelligence (AI) system focusing on Arabic. AceGPT is a large language model (LLM) built on Meta’s LlaMA2 and introduced by a Chinese-American professor at KAUST in collaboration with the School of Data Science, the Chinese […]
China Sets to Build AI Chip Factory to Bypass US Sanctions
According to a South China Morning Post (SCMP) report, Chinese scientists are reportedly looking to construct artificial intelligence (AI) chip factories to circumvent local industry sanctions. Utilizing particle accelerators will facilitate the development of novel laser source production techniques. According to reports, the accelerator’s electron beam will be converted into a “high-quality” light source required […]
US and Vietnam Sign Billion-Dollar AI Chip and Tech Partnerships
To advance the artificial intelligence, semiconductor, and cloud computing industries, the U.S. and Vietnam sealed billion-dollar agreements and partnerships. According to remarks made at a joint press conference, the United States and Vietnam signed billion-dollar business agreements and partnerships on September 11 to advance cooperation in artificial intelligence (AI) and other technologies. The move is […]
Bank of China Mandates Retail Digital Yuan Payments
Using QR codes, e-commerce platforms now have the potential to include Central Bank Digital Currencies (CBDC) into their own operating systems in the near future. Changchun Mu, the Director of the Digital Currency Research Institute of the People’s Bank of China, emphasized in a speech delivered on September 3 that as China’s central bank digital […]
Chinese Court Reportedly Declares Virtual Assets as Legal Properties
A Chinese People’s Court issued a report on the legality of virtual assets, stating they remain legal property protected by law under the current legal policy framework. The People’s Courts of the People’s Republic of China exercise independent judicial authority and are not subject to administrative or public organization interference. In addition to criminal, civil, […]