China | ForkLog

ForkLog 43 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 35 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 19 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 27 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 12 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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ForkLog 22 27.01.2025

DeepSeek: the new AI front-runner and culprit behind crypto’s sell-off

On January 20, the Chinese AI startup DeepSeek released the open-source reasoning model DeepSeek-R1. Over the weekend of January 25–26, the system drew intense attention, prompting sell-offs across equities and cryptocurrencies. What is DeepSeek? DeepSeek is an artificial-intelligence startup founded in 2023 in Hangzhou, China. The company specialises in building open-source large language models. In […]

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ForkLog 16 21.01.2025

China to Host World’s First Human-Robot Half Marathon

China is set to host the world’s first marathon championship featuring both robots and humans. The event aims to boost the development of artificial intelligence and robotics in the country, reports SCMP. The 21 km race will take place in April in Beijing, with 12,000 humans and dozens of robots participating. Around 20 companies will […]

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ForkLog 13 13.01.2025

America tightens curbs on chip imports

President Joe Biden’s administration has introduced new restrictions on imports of US-designed computer chips in a bid to prevent other countries from accessing cutting-edge technology, CNN Business reported. US Commerce Secretary Gina Raimondo said the rules are intended to safeguard advanced AI systems and ensure their distribution only among allied nations. The curbs introduce mandatory […]

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ForkLog 11 30.12.2024

China Urges Global Cooperation in Monitoring Cryptocurrency Transactions

The People’s Bank of China emphasized the importance of regulating the cryptocurrency market in its 2024 Financial Stability Report. According to the document, 51 jurisdictions worldwide have imposed bans or restrictions on the use of cryptocurrency assets, while some economies are adjusting existing laws or adopting new ones for regulation. The report mentions that Hong […]

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ForkLog 34 27.12.2024

Chinese Startup DeepSeek Unveils AI Model Surpassing Meta and OpenAI

Chinese AI startup DeepSeek has introduced its own large language model, which has outperformed competitors from Meta and OpenAI in tests. ? Introducing DeepSeek-V3! Biggest leap forward yet:⚡ 60 tokens/second (3x faster than V2!)? Enhanced capabilities? API compatibility intact? Fully open-source models & papers ? 1/n pic.twitter.com/p1dV9gJ2Sd — DeepSeek (@deepseek_ai) December 26, 2024 DeepSeek V3 […]

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ForkLog 30 27.12.2024

Li Auto Challenges Tesla with Plans for Humanoid Robots

One of Tesla’s closest Chinese competitors, Li Auto, has announced a strategic shift towards artificial intelligence and the production of humanoid robots, according to SCMP. This decision aligns with mainland China’s policy of prioritizing innovation in robotics to stimulate the economy amidst the rapid development of artificial intelligence. Li Auto aims to position its AI […]

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