China’s southern Guangdong province is planning to launch a second phase of a semiconductor fund with a scale of 30 billion yuan ($4.37 billion), state media Securities Times reported on Tuesday. The fund will have a term of 17 years and will invest in auto chips and equipment for semiconductor material, Jin Shenghong, chairman of […]
Elon Musk’s SpaceX called off the highly anticipated debut launch of its newly combined Starship cruise vessel and Super Heavy rocket in the final minutes of countdown due to a frozen valve, delaying the uncrewed test flight for at least two days. The two-stage rocketship, standing taller than the Statue of Liberty at 394 feet […]
Taiwanese chipmaker TSMC is expected to post a 5% fall in first-quarter net profit on Thursday, with global economic woes denting demand for semiconductors used in everything from cars to advanced computing extending into the current quarter. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chipmaker and a major Apple Inc supplier, is […]
A look at the day ahead in Asian markets from Jamie McGeever. Investors’ focus on Tuesday rests squarely on China: From an economic and market perspective, eyes are on a raft of data including first-quarter GDP; while the latest twist in souring U.S.-Sino relations will do little to ease geopolitical concerns. U.S. law enforcement officials […]
Italy’s data protection agency set out a list of demands on Wednesday which it said OpenAI must meet by April 30 to address the agency’s concerns over the ChatGPT chatbot and allow the artificial intelligence service to resume in the country. Almost two weeks ago Microsoft Corp-backed OpenAI took ChatGPT offline in Italy after the […]
French officials were in damage control mode on Tuesday as they tried to contain anger, division and confusion sparked by President Emmanuel Macron’s comments on Europe’s dependence on the United States and its relations with China and Taiwan. Macron’s comments came in an interview on a trip to China that was meant to showcase European […]
Italy’s data protection agency said on Wednesday it would lift its temporary ban on OpenAI’s ChatGPT artificial intelligence (AI) technology if the U.S. company complied with data protection and privacy demands by end-April. Rapid advances in AI such as Microsoft-backed OpenAI’s ChatGPT are complicating governments’ efforts to agree on laws governing the use of the […]
Spain’s data protection agency has asked the European Union’s privacy watchdog to evaluate privacy concerns surrounding OpenAI’s ChatGPT, the agency told Reuters on Tuesday, as global scrutiny of artificial intelligence (AI) systems intensifies. News of the request by the AEPD came as France’s privacy watchdog CNIL said it was investigating several complaints about ChatGPT and […]
Among the French business executives travelling to Beijing with President Emmanuel Macron, the mood was cautiously sanguine on the thawing post-pandemic trade prospects with China, with some rejecting American-led calls for ‘decoupling’. Macron travelled to China with a 50-strong delegation of business leaders including the CEOs of Airbus, Alstom and EDF, raising eyebrows among some […]
French President Emmanuel Macron said Europe must resist eroding trade and diplomatic ties with China as he arrived for a state visit on Wednesday, seeking to refute any sense there was an “inescapable spiral” of tension between Beijing and the West. Shortly after touching down ahead of EU chief Ursula von der Leyen, who is […]
