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China will use aging chips while its semiconductor industry catches up

TechSpot

As the trade war between China and the US rages on, the Chinese government is doing everything in its power to prop up the local tech industry. Flagship chinese companies like Huawei no longer get access to American silicon or the software required for their products.

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Chinese AI startup Zhipu secures over $140 million in new strategic funding

TechNode

Investors include Hangzhou government-backed firms, with the funds aimed at advancing Zhipus domestically developed GLM foundation model and expanding its AI ecosystem. It also marks the first funding round this year among China’s so-called “ six AI tigers ,” a group of emerging large-model startups. 17, 2024.

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Global investors flee from Chinese tech stocks after the government crackdown on Ant and Alibaba

TechCrunch

Global investors are running from Chinese tech stocks in the wake of the government’s crackdown on Ant Group and Alibaba, two high-flying businesses founded by Ma Yun (Jack Ma) that were once hailed as paragons of China’s new tech elite. China postpones Ant’s colossal IPO after closed-door talk with Jack Ma.

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China's first 7nm GPGPU is ready to go against AMD and Nvidia

TechSpot

China is on a quest for "technological self-sufficiency," and the trade war with the US has only accelerated that process. China is capable of covering over 20 percent of the chips needed in the local industry, but the government plans to increase that number to 70 percent by 2025.

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US authorities will reportedly extend China fab exemptions for TSMC, Samsung, others

TechSpot

According to the Wall Street Journal, a US Commerce Department official recently said the government will continue allowing certain chip makers to expand their operations in China. The act could weaken US efforts to restrain its economic rival's growth in the chip industry. Read Entire Article

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China suspects Tesla vehicles of spying, restricts use by military and state employees

TechSpot

China has restricted the use of Teslas for military personnel, government agencies, and employees of "state-owned enterprises in sensitive industries" after deeming the EVs a national security concern due to their built-in cameras and sensors that Tesla could use for spying.

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Nvidia RTX 4090 looks to have escaped China ban as government introduces new restrictions early

TechSpot

Rumors that the US was set to further tighten export restrictions on AI accelerators to China proved accurate last week when the Department Bureau of Industry and Security updated the rules. Restrictions on communication speeds, limited to a bidirectional transfer rate of 600 GB/s, were removed; instead, priority was given.

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