China Sets Ambitious AI Integration Targets
By 2027, China aims for a 70% integration of national artificial intelligence, rising to 90% by 2030, according to a new government directive.
China Sets Ambitious AI Integration Targets
By 2027, China aims for a 70% integration of national artificial intelligence, rising to 90% by 2030, according to a new government directive.
China Considers Allowing Yuan-Backed Stablecoins
The Chinese government is contemplating the approval of yuan-backed stablecoins, according to sources cited by Reuters.
Beijing Hosts ‘Olympic Games’ for Robots
A three-day competition for humanoid robots took place in Beijing, featuring 280 teams from 16 countries. The robots showcased their abilities in running, football, martial arts, jumping, and other disciplines. The Unitree H1 robot from Unitree Robotics claimed gold in the 1500-meter race, completing it in 6 minutes and 35 seconds. The human record is […]
China to Develop Robot for Childbearing
Guangzhou-based Chinese technology firm Kaiwa Technology plans to unveil a humanoid robot equipped with an artificial womb in the abdominal area by 2026. The device is designed to carry a fetus through a full-term pregnancy and subsequent childbirth, reports Chosun Biz. The cost of the device will be under 100,000 yuan (approximately $13,900). Developers present […]
China’s Economic Woes May Propel Altcoins to New Heights
China’s weak economic performance might prompt the country’s central bank to implement stimulus measures, according to Bloomberg. This could enhance global liquidity and support the altcoin market’s rise to new all-time highs. A March study by 21Shares revealed a 94% correlation between Bitcoin’s price and global liquidity, a figure surpassing that of the S&P 500 […]
Trump Sets Conditions for Nvidia’s Blackwell Chip Sales to China
US President Donald Trump has expressed willingness to allow Nvidia to supply a downgraded version of its flagship Blackwell AI chips to China. He made this announcement at a press conference, reports CNBC. The politician intends to strike a deal with the company if it reduces the chips’ performance for China by 30-50%. He plans […]
China’s Regulators Clamp Down on Stablecoin Promotion, Reports Bloomberg
China’s financial regulators have instructed brokerage firms and think tanks to cancel seminars and cease publishing research on stablecoins, according to sources cited by Bloomberg. Authorities are concerned that stablecoins could become a new tool for fraud in mainland China. Regulators also aim to prevent a frenzy over assets whose risks are not fully understood […]
China Identifies National Security Threat in Biometric Data Collection for Cryptocurrency
The collection of iris data by a foreign company in exchange for cryptocurrency poses a national security threat, according to a warning from China’s Ministry of State Security (MSS). In an official WeChat account, the agency reported instances where digital assets were used as bait for the mass collection of users’ iris data worldwide. The […]
Ethereum Whales Expand Holdings Over the Weekend
Large holders are actively purchasing the second-largest cryptocurrency by market capitalization, despite a short-term price drop below $3400 over the weekend, according to on-chain analysts. Somebody is buying a TON of ETH. In the past 3 days, this address has accumulated $300M of ETH from Galaxy Digital OTC. It’s currently worth $274M, with this address […]
Robots on Display: Highlights from the WAIC Conference
The eighth annual World Artificial Intelligence Conference (WAIC) took place in Shanghai from July 26 to 28, showcasing a variety of robots from different companies. The most popular exhibits were the droids from startups Unitree, UBTech Robotics, and Agibot. Unitree unveiled a $5900 robot capable of performing cartwheels, running, walking on its hands, and boxing. […]
US Permits Import of Downgraded AI Chips to China
The Trump administration has shifted its stance on the import of AI chips to China, allowing Nvidia to sell processors as the company “does not transfer the best technology,” stated Commerce Secretary Howard Lutnick in an interview with CNBC. According to him, the chipmaker plans to sell China the “fourth-tier” chip, which is slower than […]
Chinese AI Startup Moonshot AI Launches New Open Model
Chinese AI startup Moonshot AI, backed by Alibaba, has unveiled a new open-source model, Kimi K2. It is claimed to excel in advanced knowledge, mathematics, programming, and agentic tasks. 🚀 Hello, Kimi K2! Open-Source Agentic Model!🔹 1T total / 32B active MoE model🔹 SOTA on SWE Bench Verified, Tau2 & AceBench among open models🔹Strong in […]We use cookies to improve the quality of our service.
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