Amazon.com plans to spend US$9 billion to expand its cloud computing infrastructure in Singapore, the latest global technology company to boost investment in Southeast Asia. The outlay, to be done over the next four years, doubles the investment of subsidiary Amazon Web Services (AWS) in Singapore and helps it meet growing customer demand for cloud …
In a draft policy document published on Wednesday, the Beijing Municipal Bureau of Economy and Information Technology said the city will provide an undisclosed amount of subsidies to help local firms buy graphics processing units (GPUs) made by domestic manufacturers to “expedite the supply of controllable intelligent computing resources”. The amount of subsidy provided to …
WASHINGTON (TND) — China could be preparing to meddle in the upcoming U.S. election according to a new report by Microsoft. Allegations of foreign governments attempting to influence U.S. presidential elections are nothing new. In 2016, allegations focused on Russia. “They looked at what the Russians are alleged to have done and they’re envious,” explained …
It was established because of concerns raised by Xi and other officials that Beijing’s lack of control over the internet and public opinion expressed online could compromise the party’s rule. Cai’s appointment has not been announced but he took the helm of the commission some time in the first half of 2023, according to one …
Jonathan Raa | Nurphoto | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. Markets positive Wall Street hit another record on Friday as …
Multiple reports said Chinese authorities are scrubbing the internet of negative economic coverage.REUTERS/Denis Balibouse The New York Times reported that China is erasing negative economic coverage of the country. China’s Ministry of State Security, per NYT, cautioned citizens not to be swayed by “false narratives” of the economy. Beijing has been grappling with a struggling …
Beijing has launched a public computing platform to support China’s artificial intelligence (AI) development at a time when the US is dialling up its export restrictions on advanced semiconductors critical to training and upscaling AI technologies. The Beijing AI Public Computing Platform, or Shangzhuang project, is operated by state-backed Beijing Energy Holding (BEH), with an …
China has recently introduced a set of all-encompassing regulations concerning generative artificial intelligence (AI) models, with a strong emphasis on upholding “core socialist values.” These regulations will exclusively apply to services provided to the public, as the authorities strive to foster the growth of this technology. Developed by a consortium of Chinese regulators led by …