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Tag: Chinese market

Apple is Building an App Store for AI Products

Apple is reportedly working on an AI App Store for June unveiling among a host of AI products as the iPhone maker makes bold...

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Mastercard Expands Cross-Border Remittance Reach with Alipay Partnership

To enhance cross-border remittance services, Mastercard Inc. has solidified its partnership with Alipay, the global mobile payment super-app under the umbrella of Ant Group Co. This...

Alibaba Bets $1bn on AI, Leads Funding Round for Moonshot

Chinese e-commerce giant Alibaba Group has led a $1 billion funding round for AI startup Moonshot AI to boost generative AI in China. This becomes...

Meta Reportedly Cancels Plan To Bring Quest 3 Lite To China

Meta has reportedly suspended its plan to bring a cheaper version of Quest 3 to China via a partnership with Tencent.To sell many kinds...

Aleta Planet Introduces Alipay Feature for Faster, Secure Remittances to China – Fintech Singapore

Singapore-based Aleta Planet has rolled out an Alipay remittance feature on its app, allowing for faster and more secure money transfers to China. According...

17th Asian Financial Forum opens today

The 17th AFF, themed Multilateral Cooperation for a Shared Tomorrow, is taking place at the HKCEC for two consecutive days. It is expected to attract...

US DJIA Technical: Uptrend intact with looming outperformance over Nasdaq 100 – MarketPulse

Nasdaq 100 outperformance over the Dow Jones Industrial Average (DJIA) since the start of the major uptrend phase has started to dissipate. A bullish...

NVIDIA Launches the GeForce RTX 4090 D targeting China

On December 28th, 2023, the well-known American chipmaker NVIDIA presented the GeForce RTX 4090 D to the public for the first time. The debut...

Nvidia Makes a Slower GPU for China Under New U.S. Trade Restrictions – Decrypt

In a strategic market maneuver, Nvidia has unveiled the RTX 4090D—a slightly less potent iteration of its high-performance RTX 4090 GPU—specifically for the Chinese...

U.S. scrutinizing Nvidia’s China-bound AI chips to ensure compliance

The U.S. government is examining three artificial intelligence chips created by Nvidia Corp. for the Chinese market to determine if they violate recently enacted...

Standard Chartered Joins China’s CBDC Pilot Testing

<!-- -->British multinational bank Standard Chartered will partake in trials of China’s digital yuan central bank digital currency (CBDC), the...

Nvidia’s Earnings Soar, Beating Expectations in Q3 2023

Nvidia’s shares experienced a 1% drop in extended trading on Tuesday despite reporting fiscal third-quarter results that significantly exceeded Wall Street predictions. This decline in...

Baidu downplays impact of US chip bans

Chinese web giant Baidu, which emphasized AI services long before they were cool, has revealed it is largely untroubled by the United States' chip...

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