The Biden administration seems to be preparing a farewell gift, as it reportedly plans to launch one last round of restrictions on AI chip exports from companies like NVIDIA, as per Bloomberg. According to sources familiar with the matter, the Bloomberg report suggests that the regulations could be ...

As 2024 draws to a close, it may be surprising to learn one of the stocks that has been surging the most throughout the year. According to Bloomberg, shares of China’s domestic AI chip company, Cambricon Technologies, have soared by 383% in 2024, outperforming U.S. AI accelerator giant NVIDIA and ...

According to Liberty Times, citing Financial Times, major tech companies have significantly increased capital expenditures in recent years to acquire AI chips and build data centers. However, global investment in data centers has recently slowed, raising concerns about whether the AI boom might be l...

According to a report from Economic Daily News, citing Chinese media outlet Jiemian News, Xiaomi is working on building its own 10,000 GPU cluster and currently heavily investing in AI large models. The company established its AI large model team in April 2023, with 1,200 R&D personnel led by CE...

Microsoft has reportedly emerged as the largest buyer of NVIDIA's Hopper this year, with its procurement volume estimated to reach nearly 500,000 units, doubling that of the second-largest buyer, according to Economic Daily News, citing Financial Times. The report from Economic Daily News notes...