The European Union (EU) faces significant challenges in the realm of artificial intelligence (AI) as it struggles to keep pace with the investments and innovations seen in the United States and China. Jensen Huang, CEO of AI chipmaker Nvidia, recently… Read More ›
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China gauging impact of U.S. report under Section 301
The U.S. has proposed to expand the list of high-technologies listed under Section 301 which bars their exports to countries that are deemed as unfriendly. On Thursday, a spokesman from China’s Commerce Ministry stated, Beijing is in the process of… Read More ›
Germany sets asides $3 billion euros for R&D related to AI
Privacy-conscious Germany wants to bridge the benefits of advanced technologies with existing social model. In a significant development that is a pointer to the strategic thinking of the German government, Europe’s biggest economy stated, it has set aside nearly $3… Read More ›
The U.S. and China nearing deal to lift U.S. ban on ZTE Corp
The potential deal underscores the strategic importance tech know-how and market influence are to Beijing while Washington focuses on trade and slashing its trade deficit with China. As per two sources briefed on the talks between the United States… Read More ›
Japan’s No.3 property and casualty insurer, Sompo, sets up base in Israel
Sompo is looking to invest in Israeli startups which specialise in cyber security, life sciences and agriculture. Sompo Holdings Inc, one of Japan’s top three property and casualty insurers, has become the first Japanese insurer to set up a fintech… Read More ›
SoftBank weighing its options for investing in Uber
Given Masayoshi Son’s vision of a future driven by AI and interconnected vehicles and its spread of investments in ride hailing and ride sharing companies in major markets of the world, including in India’s Ola and China’s Didi, and given… Read More ›
Toyota launches venture capital fund for AI startups
Toyota’s lucrative venture has potential but to bloom it needs an ecosystem that provides advisors with product expertise and genuine corporate customers. Toyota has become the latest Fortune 500 company to launch an AI focused capital venture fund. During the… Read More ›
Nasdaq launches a new smart data enhanced initiative
The service makes use of big data gleaned from a variety of sources and uses a subset of artificial intelligence to generate analytics so as to make the resulting information actionable. In what is likely to be a significant development… Read More ›