Intel Unveils Latest AI Chip
Intel on Tuesday, April 9, presented its newest artificial intelligence chip called Gaudi 3.
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China’s Premier Li Qiang Assembles Economic Experts to Discuss Current Challenges
Last Monday, April 8, Chinese Prime Minister Li Qiang held a meeting with economic experts and representatives of the business community.
Global Companies With China Units Choose Cheaper Renminbi Funding
Global companies that have business in China are increasingly issuing debt obligations in renminbi to finance activities in the Asian country, as for the first time in six years such a solution has become more cost-effective compared to the practice of raising funds in US dollars.
Moody’s Expert Warns About Threat to US Economy
Currently, the United States economic system is on a growth trajectory, being backed by favorable circumstances such as high consumer spending and a positive labor market situation, but this does not mean that there are no risks to the positive dynamic nowadays.
TSMC Wins $6.6 Billion Subsidy for Arizona Chip Production
The US Commerce Department on Monday, April 8, announced that it would award the local unit Taiwan Semiconductor Manufacturing Co (TSMC) a $6.6 billion subsidy.
US Job Growth Blows Past Expectations
In the United States, employers hired many more workers last month than initially expected and continued to steadily raise salaries.
Swiss Inflation Slows
An unexpected decrease in the inflation rate was recorded in Switzerland.
Economist Says About Need for China to Return to Basics
Wu Jinglian, one of China’s most outspoken and liberal economists, said Beijing should return to basics.
Hong Kong Retail Sales Demonstrate Growth
On Wednesday, April 3, official data were published, according to which an increase in retail sales was recorded in Hong Kong in February.
Analysts Say About Need for New Chinese Strategy on Global Trade
The United States is currently implementing efforts to divert international supply chains from China to other countries, which has already become a topic of active discussion in the expert community.
Amazon Offers Free Credits for Startups
Amazon Web Service has announced the expansion of its free credits program.
China Allocates $70 Billion to Low-Altitude Economy
The Chinese authorities have decided to scale up the process of using unmanned and other aircraft, which has caused a sharp increase in enthusiasm about the prospects for realizing the significant potential of relevant technologies that are necessary to stimulate and revitalize the low-altitude economy, which is already at a high level of development in […]
Chinese Authorities Signal Possibility of Starting Trading Government Bonds
The speech by the head of the People’s Republic of China, Xi Jinping, signals that the authorities of this Asian country may start trading government bonds in the foreseeable future to regulate liquidity in the market.
US Manufacturing Sector Demonstrates Growth
In March, the United States recorded an increase in industrial production for the first time in 1-1/2 years.
DeepMind Co-Founder Says About Negative Aspect of AI Hype
Demis Hassabis, one of the co-founders of DeepMind, said that excessive hype around artificial intelligence is a barrier to making progress in the AI industry.
China’s Manufacturing Activity Demonstrates Growth
In China, manufacturing activity grew at the fastest pace in the last 13 months in March.
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