AI is ‘going through a kind of a bubble right now’, the Nobel Prize-winning economist said, suggesting that limits to the technology’s capabilities could soon set in.
BlackRock’s iShares Bitcoin Trust has attracted the greatest inflow, totalling US$16.5 billion, since nine spot bitcoin exchange-traded funds went live in the United States in January.
Amid high compliance costs, the SFC’s notice that crypto exchanges should not serve mainland investors is prompting some firms to leave the city.
Gate.HK, the Hong Kong arm of cryptocurrency exchange Gate.io, says it took ‘a proactive step’ to withdraw its application.
Seoul aims to help boost South Korea’s global market share in non-memory chips, such as mobile processors, to 10 per cent from the current 2 per cent.
The prices of Hong Kong’s three spot ether ETFs jumped by more than 18 per cent on Tuesday, as trading volume picked up this week.
Along with Meta, OpenAI and Samsung, the companies committed to publishing safety frameworks for measuring risks.
Encode Justice, founded by 19-year-old US student Sneha Revanur, is pushing governments to take more concrete steps on AI regulation, with support from academics and officials.
Taiwanese chip manufacturer TSMC and Dutch machine supplier ASML have ways of disabling their equipment, sources told Bloomberg.
The funding will help set up a pilot line in Europe that will develop and test future generations of advanced semiconductors.
The city has contributed to the GBA’s academic research and development in fields of strategic importance such as biomedicine, artificial intelligence and quantum computing.
UK secretary of state for science and technology said it will broker agreements at this week’s AI safety summit.
The ‘general data’ list, covering 64 categories, will enable certain firms to make data transfers overseas without a security assessment.
The mainland’s e-commerce sector achieved a 12 per cent overall growth in the March quarter, according to data from JPMorgan.
Temu often fails to provide consumers with crucial information about the sellers on its platform and safety standards of products, according to the complaint.
At a meeting in Geneva on Tuesday, officials from both countries affirm commitment to reduce AI risks and improve world governance.
About 20 million consumers on the mainland are expected to take part in the nationwide trade-in programme via JD.com’s platform.
Prohibitive tariffs await Made in China electric vehicles bound for the US. Can the nation’s producers keep growing their sales and brand awareness without making inroads into the US and European markets?
Police in China’s northeastern Jilin province made the arrests in connection with a scheme that sent US$296 million to South Korea.
China has begun to test paying some state employees through its digital currency, but the trial is not making much impact in the e-CNY’s adoption as most quickly and automatically switch their salaries to cash.
A mix of mainlanders and international visitors showed up at Bitcoin Asia amid surging interest owing to a crypto bull market and recently launched ETFs.