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China’s fever for AI chip stocks persists as MetaX draws more investors than Moore Threads

Shanghai-based chip firm MetaX Integrated Circuits has emerged as the latest star in mainland China’s stock market, with the graphics…

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New Business

Chinese AI chip developer Moore Threads gets go-ahead for Shanghai IPO

Moore Threads Technology, a Chinese developer of graphics processing units (GPUs), on Friday received approval for an initial public offering…

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New Business

China’s Nvidia challenger Cambricon to raise US$560 million for AI chip development

Chinese semiconductor firm Cambricon Technologies, seen as a potential future challenger to Nvidia, plans to raise nearly 4 billion yuan…

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Chinese semiconductor, AI firms form pact as Nvidia faces inquiry on H20 chip’s security

The alliance reflected the growing efforts in the country’s semiconductor industry and nascent AI sector to push forward Beijing’s tech…

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WAIC Shanghai: China reveals new great leap forward with 1,509 AI models

China is now home to 1,509 AI models, which accounts for more than 40 per cent of the world’s total,…

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New Business

More than 90% of Hong Kong’s AI supercomputing capacity in use, Cyberport says

Hong Kong’s ambition to create an artificial intelligence (AI) ecosystem is bearing fruit, with more than 90 per cent of…

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New Business

China’s Nvidia wannabe, Tencent-backed AI chip start-up EnFlame, flags IPO intention

Tencent Holdings-backed Chinese artificial intelligence chip start-up Enflame has kicked off the “tutoring” process with an investment bank ahead of…

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