BTW’s exclusive: Fa Zhang reveals that Poly Technologies prioritises deep tech innovation rather than rapid commercialisation.
AI INVESTMENT
AI startups in China have the greatest innovation potential in software, as competing with established hardware giants is challenging.
Nvidia is expected to return to record share values with its upcoming earnings, riding the wave of sustained AI investment.
The Nasdaq 100 Index is on the verge of a correction as big tech struggles and earnings reports from tech giants approach.
Republican lawmakers have urged the Biden administration to assess Microsoft's $1.5 billion investment in AI firm G42.
Manufacturers are approaching generative AI initiatives more cautiously than anticipated, with 58% planning to increase AI spending in 2024.
Intuit announces 1,800 job cuts - about 10% of the company's total headcount, selecting 1,050 employees who don’t meet expectations.
The US venture capital funding surged to $55.6 billion in Q2, driven by significant investments in AI companies, reversing a previous decline.
US restricts investments in China's AI sector, criticised by China's UN envoy for hindering development and promoting division.
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