Huawei announces new AI infrastructure as Nvidia gets locked out of China

Huawei announces new AI infrastructure as Nvidia gets locked out of China

Tech giant Huawei unveiled new AI infrastructure meant to help boost compute power and allow the company to better compete with rival chipmaker Nvidia.   At a keynote at its Huawei Connect conference on Thursday, Shenzhen, China-based Huawei announced new SuperPoD Interconnect technology that can link together up to 15,000 graphics cards, including Huawei’s Ascend AI chips, to increase compute power.  This tech seems to be a competitor for Nvidia’s NVLink infrastructure, which facilitates high-speed communication between AI chips.   Technology like this is critical for…

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Chinese firms may face limits on stablecoin activity in Hong Kong: Report

Chinese firms may face limits on stablecoin activity in Hong Kong: Report

Chinese regulators are reportedly preparing to restrict mainland state-owned enterprises and banks from pursuing stablecoin and crypto initiatives in Hong Kong. Chinese internet giants, state-owned enterprises and financial institutions operating in Hong Kong may face restrictions on stablecoin and crypto activities. According to a Thursday report by local news outlet Caixin, mainland Chinese firms operating…

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The World’s Largest Inflatable Construction Bubble Is Changing How Cities Build

The World’s Largest Inflatable Construction Bubble Is Changing How Cities Build

Walking through Jinan’s streets, you might do a double-take when you spot what looks like the world’s largest soap bubble floating above the cityscape. This isn’t some art installation gone rogue; it’s the smartest construction solution we’ve seen in years. China Energy Construction Group and Licheng Urban Development Group have wrapped their entire Honglou 1905…

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Altseason’s next step depends on China stimulus, investors’ response to recession fears

Altseason’s next step depends on China stimulus, investors’ response to recession fears

Central bank stimulus in China and global investors’ response to recession fears will determine if altseason continues. Key takeaways: China’s central bank stimulus could redirect liquidity into cryptocurrencies. Rising US Treasury yields suggest lower risk aversion, supporting potential recovery in altcoin markets. Read more If you liked the article, do not forget to share it…

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