Bloomberg Technology
China Criticizes Didi, Meituan in Car-Hailing Clampdown
Sep.02 — Chinese regulators summoned executives from 11 car-hailing companies — including services run by Didi Global Inc., Meituan and Alibaba Group Holding Ltd. — and criticized them for disrupting fair competition and hurting the interests of drivers and passengers, according to a statement published Thursday. Enda Curran reports on “Bloomberg Surveillance Early Edition.”
Bloomberg Technology
AI Chip Startup Etched Aims to Take On Nvidia
AI chip startup Etched raised $120 million to expand manufacturing of its specialized chip that it boasts will rival Nvidia’s products. Etched CEO Gavin Uberti joins Ed Ludlow on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed…
Bloomberg Technology
Will #ai end poverty or create more problems? #technology #shorts
Sam Altman sees a future where AI and universal basic income can end poverty. But in the background, his sister struggles with homelessness. In this episode of Foundering, we look at his proposal for a new social contract. Listen now: Like this video? Subscribe: … Get unlimited access to Bloomberg.com for $1.99/month for the first…
Bloomberg Technology
Nvidia’s Slide and Apple’s EU Fines | Bloomberg Technology
Bloomberg’s Ed Ludlow breaks down Nvidia sliding for a third consecutive day and wiping out $400 billion off its market cap. Plus, Apple faces billions of euros in fines over its App Store rules under the EU’s Digital Markets Act, and car sellers warn of a possible material hit from the CDK cyberattack. 08:09 Wealth…
AI Chip Startup Etched Aims to Take On Nvidia
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Kyodo News Agency
September 2, 2021 at 11:13 am
AI expert Lee Kai-fu on China clampdown against big tech — “In the age of artificial intelligence, big data is the new hydrocarbon. China used to have a huge advantage over the US in the realm of big data. But that advantage was eroded by Trojan backdoors like Didi and other Chinese tech companies who had to surrender their China-based big data to the US regulatory bodies in order to get listed in the US bourse. This is a painful and costly lesson for China.”
Sharp Investment Show
September 2, 2021 at 10:05 pm
Peak Fintech is my #1 play on the Chinese economy! They are also expanding globally a well.