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China is only 3-6 months behind US in AI, Trump official says
Economic Times
·
1m ago
Medial
China is only three to six months behind the United States in artificial intelligence, according to White House AI and crypto czar David Sacks. Speaking at the AWS summit in Washington, Sacks warned that excessive U.S. AI regulation could hinder American innovation in the field. He emphasized that the race in AI technology is very close, with China not lagging by years but rather by a few months.
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China on cusp of seeing over 100 DeepSeeks, ex-top official says
Economic Times
·
1m ago
Medial
China is poised for over 100 AI breakthroughs akin to DeepSeek in 18 months, driven by its engineer pool, consumer base, and supportive policies, says ex-official Zhu Min. This anticipated innovation surge aims to reshape China's economy, maintaining tech competition with the US amid trade tensions. While facing US restrictions on AI technology access, China relies on domestic companies like Huawei. Despite economic challenges, high-tech contributions to GDP are increasing, with a focus on boosting domestic consumption.
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DeepSeek narrowed China-US AI gap to 3 months: 01.AI CEO
Inshorts
·
4m ago
Medial
Chinese AI startup 01.AI CEO Lee Kai-fu said companies like DeepSeek have narrowed China's AI development gap with the US to three months in some areas. "Previously I think it was a six to nine-month gap and behind in everything," he stated. China-based DeepSeek launched an AI model in January, which it claimed was built for less than $6 million.
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Trump and Nvidia CEO discuss DeepSeek, AI chip exports during meeting, source says
Economic Times
·
6m ago
Medial
During a meeting at the White House, US President Donald Trump and Nvidia CEO Jensen Huang discussed the Chinese company DeepSeek and the regulation of AI chip exports. Amid concerns about China's advancements in AI, the discussion focused on strengthening US leadership in technology. As DeepSeek's AI model gained popularity, it impacted the US tech market. Additionally, the Trump administration is considering further restricting Nvidia's AI chip exports to China to maintain advanced computing power within the US and its allies.
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Baidu says AI chatbot 'Ernie Bot' has amassed 200 million users
Economic Times
·
1y ago
Medial
Chinese internet company Baidu announced that its artificial intelligence chatbot "Ernie Bot" has gained over 200 million users and is being used 200 million times daily. The chatbot, launched eight months ago, has attracted a large user base and is a popular choice for individuals and enterprise clients in China. Despite competition from other domestic AI services like Alibaba-backed Kimi, the Baidu chatbot remains the most widely used in China. However, globally, Baidu's AI service still lags behind OpenAI's ChatGPT, which remains the most popular generative AI service.
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Nvidia CEO says not attending Trump's inauguration
Economic Times
·
6m ago
Medial
Nvidia CEO Jensen Huang will not attend the US presidential inauguration, choosing instead to celebrate the Lunar New Year with employees. He recently discussed increasing production of Nvidia's AI chips with TSMC. Nvidia's growth faces potential challenges from new US export restrictions on AI chips, targeting countries like China. These restrictions, introduced during Biden's administration and likely supported by the incoming Trump administration, aim to limit advanced chip exports to protect US interests.
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Donald Trump calls TikTok a threat but says some kids could 'go crazy' without it
Economic Times
·
1y ago
Medial
US presidential candidate Donald Trump claimed that a ban on TikTok would only benefit Facebook, which he has criticized in the past. Lawmakers are considering a bill that would give TikTok's Chinese owner, ByteDance, six months to divest from the app. TikTok, in a letter to Congress, emphasized that it is not controlled by the Chinese government and argued that a sale would jeopardize its efforts to protect US data. The FBI and other departments held a briefing to discuss concerns about the app. Trump also mentioned a meeting with an investor who has a stake in ByteDance.
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Nvidia CEO says will balance compliance and tech advances under Trump
Economic Times
·
8m ago
Medial
Nvidia CEO, Jensen Huang, has stated that the company will prioritize both legal compliance and technological advancements under the new Trump administration. Despite potential US-China tensions, Huang remains confident in the global advancement of artificial intelligence. The Biden administration has already imposed restrictions on Nvidia's AI chip sales to China. Huang emphasizes the importance of open science and research in AI, praising China's contributions to AI technology. Nvidia's technology is in high demand globally, as tech giants invest heavily in their AI models and computing capabilities. The company recently surpassed Apple to become the world's highest valued company.
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Russia produced most AI content to sway presidential vote, US intelligence official says
Economic Times
·
10m ago
Medial
A U.S. intelligence official revealed that Russia has produced the most AI content to influence the U.S. presidential election, with a focus on boosting Donald Trump and denigrating Kamala Harris. This AI content includes text, pictures, and videos that appear to be created by humans. Russia is considered a sophisticated actor in this field and had a better understanding of how U.S. elections work. China, on the other hand, uses AI content to shape global views but not to sway U.S. election outcomes. Iran has also used AI to generate posts for social media and inauthentic news articles targeting American voters on polarizing issues and presidential candidates.
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US chip bans not meant to hobble China's growth, Blinken says
Economic Times
·
1y ago
Medial
US export controls on sending advanced computing chips to China are not aimed at hindering China's economy or technological progress, according to Secretary of State Antony Blinken. Despite the restrictions imposed on exporting computing chips to China since 2022, Intel and Qualcomm have been granted licenses to continue supplying chips to Huawei. Blinken emphasized that the US is focused on safeguarding sensitive technology that could potentially threaten security, rather than impeding trade or restraining China as a whole. The rationale behind granting exemptions to Intel and Qualcomm, while neglecting their competitors, AMD and MediaTek, remains unclear.
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China targets 50% growth in computing power as it aims to race ahead of US
Economic Times
·
1y ago
Medial
China has announced a plan to increase its computing power by over 50% by 2025, highlighting its focus on supercomputing and AI innovations. The goal is to reach 300 EFLOPS (quintillion floating-point operations per second) by 2025. This comes as China and the US compete in areas like semiconductors, supercomputers, and AI. China currently ranks second behind the US in computing power. The plan includes building more data centers and improving computational infrastructure, especially in western China. Speed and efficiency of the computation network are also emphasized.
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