China | ForkLog

ForkLog 21 14.04.2025

Indian Citizens Defrauded of $6 Million in Cryptocurrency Scam

A court in Heze, China, has adjudicated a case of investment fraud that victimised 66,800 Indian citizens. Nine individuals involved in the scheme have received prison sentences, according to local media. Case materials reveal that the criminal group was led by He Moutian. In May 2023, he rented an office in the Heze-Luxi district, acquired […]

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ForkLog 27 08.04.2025

Arthur Hayes Predicts Bitcoin Surge Amid Yuan Weakness

China’s response to the new US tariffs could trigger a capital shift into cryptocurrencies, according to former BitMEX CEO Arthur Hayes. If not the Fed then the PBOC will give us the yachtzee ingredients. CNY deval = narrative that Chinese capital flight will flow into $BTC. It worked in 2013 , 2015, and can work […]

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ForkLog 105 27.03.2025

Data Leak Reveals Extent of Censorship in China

A database has leaked online, loaded into a complex large language model (LLM) for the automatic filtering of content deemed “sensitive” by the Chinese government. This was reported by TechCrunch. China has developed an AI system to “enhance its already powerful censorship machine,” the publication writes. The topics affected extend far beyond traditional taboos such […]

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ForkLog 38 17.03.2025

Chinese Authorities Impose Restrictions on DeepSeek Employees

Following the sharp rise in the popularity of DeepSeek’s AI models, the company has attracted the attention of Chinese authorities. Employees are now working under stricter conditions, reports The Information, citing sources. According to the publication, some employees have been prohibited from freely traveling abroad. Additionally, the government is scrutinizing potential investors in the company. […]

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ForkLog 79 13.03.2025

China Unveils $41,200 Humanoid Robot

Chinese firm UBTech Robotics has introduced a humanoid robot priced at 299,000 yuan ($41,200), according to SCMP. The Tien Kung Xingzhe was developed in collaboration with the Beijing Innovation Centre for Humanoid Robots. It is available for pre-order, with deliveries expected in the second quarter. Standing at 1.7 meters tall, the robot can move at […]

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ForkLog 20 11.03.2025

Breakthrough or Marketing Ploy? AI Agent Manus Sparks Frenzy

The new Chinese AI model Manus has garnered attention both domestically and internationally for its ability to effectively tackle a wide range of practical tasks. This was highlighted by journalists at SCMP. Manus is positioned as a “general-purpose AI agent,” capable of booking trips, analyzing stocks, comparing insurance policies, and performing a variety of other […]

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ForkLog 63 07.03.2025

Will China follow the US with a strategic bitcoin reserve?

China is reportedly weighing the creation of a national bitcoin reserve. The US has already taken such a step, though many observers overestimate the government’s BTC stash. China’s actual holdings are even murkier. China is working hard to establish its own Strategic Bitcoin Reserve (SBR), according to Bitcoin Magazine CEO David Bailey. China is now […]

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ForkLog 55 05.03.2025

China Develops Quantum Computer ‘One Quadrillion Times More Powerful’

A research team from the University of Science and Technology of China (USTC) has developed a prototype superconducting quantum computer with 105 qubits and 182 connectors. The results were published in Physical Review Journals. It is claimed that Zuchongzhi 3.0 operates one quadrillion (a number with 15 zeros) times faster than the most powerful supercomputer […]

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ForkLog 21 06.02.2025

Sberbank Plans Joint AI Research with China

Sberbank intends to collaborate with Chinese researchers on joint AI projects. This was reported to Reuters by the first deputy chairman of the board, Alexander Vedyakhin. “Sberbank has many scientists. Through them, we plan to conduct joint scientific projects with researchers from China,” he stated. The top manager did not specify with whom the bank […]

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ForkLog 30 29.01.2025

DeepSeek jolts markets: why a Chinese AI proved 30 times more efficient than GPT-4

In late January, the little-known Chinese startup DeepSeek found itself in the global spotlight. A modest $5.6m investment in developing a new model turned into a blow to markets — US tech giants collectively lost almost $1 trillion in market value. The arrival of a low-cost alternative to ChatGPT, touted as a “Silicon Valley killer”, […]

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ForkLog 1 28.01.2025

DeepSeek Challenges OpenAI with New AI Models Surpassing DALL-E 3

The rapidly rising Chinese AI startup DeepSeek has unveiled a suite of new multimodal AI models, which the company claims outperform OpenAI’s DALL-E 3. The neural networks are part of the new Janus-Pro family, with sizes ranging from 1 billion to 7 billion parameters. Janus-Pro is capable of analyzing and generating new images. In two […]

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ForkLog 17 27.01.2025

China Allocates $137.5 Billion for AI Race

The Bank of China will allocate 1 trillion yuan ($137.5 billion) over five years to financially support AI companies, according to a statement from the organization. The institution aims to “strengthen the foundation” for the artificial intelligence industry. The bank will support the construction of AI computing centers, auxiliary facilities, and infrastructure. Financial safeguards, such […]

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