Lai Ching-te, Taiwan’s president, said last week that he will seek an additional $40 billion in military spending—on top of its regular military budget—to improve its defenses in the event of an invasion by China.
Tag: China
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CHINA WILL WIN AI RACE, NVIDIA BOSS SAYS
“China is going to win the AI race,” Jensen Huang, founder and CEO of Nvidia, the world’s leading AI chip maker, said last week in a Financial Times interview during the news service’s Future of AI Summit in London.
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GOVERNMENTS UNDERWRITE ENERGY COSTS FOR CHINA’S AI INDUSTRY
As China’s government showers money on AI developers and chip designers, local authorities are offering grants to pay as much as half the energy cost of the industry’s data centers.
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TRUMP TRIES TO SABER-RATTLE, SAYS U.S. WILL BEGIN NUCLEAR TESTING, CITING THREAT FROM RUSSIA AND CHINA
President Donald Trump posted on social media last week that the U.S. has more nuclear weapons than any rival and bragged that they are in prime condition—but due to “testing program[s]” in other countries, he said he ordered the Department of War “to start testing our Nuclear Weapons on an equal basis.”
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TOP TREND 2022, SELF-SUFFICIENT ECONOMIES: CHINA VOWS TO BECOME SELF-SUFFICIENT IN ADVANCED TECHNOLOGIES
On 23 October, China’s top government leaders pledged to speed the country’s progress toward self-sufficiency in cutting-edge technologies as trade tensions with the U.S. continue unabated.
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CHINA’S AI INDUSTRY TARGETS AFRICA
Two Chinese tech powerhouses have combined to stake their country’s claim to Africa’s AI industry.
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FASCISM: TRUMP ADMINISTRATION AIMS TO COMPETE WITH CHINA BY TAKING BIGGER STAKES IN U.S. COMPANIES
As former Italian dictator Benito Mussolini clearly stated, the merger of state and corporate powers is fascism.
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TAIWAN LOOKS TO ENHANCE ITS MISSILE DEFENSES WITH NEW ‘T-DOME,’ WITH CHINA IN MIND
Taipei is looking to upgrade its missile defense systems as part of its new military spending as it considers the threat of a Chinese invasion.
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GLOBAL FACTORY ACTIVITY CRIMPED BY WEAKNESS IN CHINA AND THE U.S.
Factory output contracted around the world in September as U.S. economic activity slowed, demand in China weakened, and the ongoing U.S. tariff war made customers hesitate to buy, Reuters reported.
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‘STARGATE OF CHINA’ PLANS TO CHALLENGE WEST’S AI DOMINANCE
In the West, the Stargate partnership of OpenAI, Oracle, and funder Softbank have set out to build $500 billion in AI data centers in the U.S. and more elsewhere around the world.