With Trump set to unveil his AI Action Plan Wednesday, a 20-page draft reveals a focus on three key areas and a strategy that’s “mostly carrots, not sticks,” Time Magazine reports. As Reuters indicates, Trump is focused on clearing hurdles to AI growth, sharply diverging from Biden’s caut...

According to a report from ijiwei, citing TechCrunch, South Korean AI chip startup FuriosaAI has secured its first major contract. As the report notes, FuriosaAI announced on Tuesday a partnership to supply its AI chip, RNGD, to LG AI Research. Ijiwei adds that LG will use the chip to power its Exao...

According to a report from Economic Daily News, TSMC recently announced that its Q2 revenue reached USD 30.07 billion, setting a new record high. Notably, the report highlights that, as indicated by institutional investors, AI-related business accounted for more than one-third of the quarterly total...

Huawei is reportedly set to unveil its CloudMatrix 384 system for the first time at the 2025 World Artificial Intelligence Conference (WAIC), which opens on the 26th in Shanghai, according to Economic Daily News. As highlighted by Tom’s Hardware, the CloudMatrix 384 is a rack-scale AI system compo...

According to a report from MoneyDJ, citing ITHome, Chinese AI chipmaker Cambricon announced on the 17th that it has revised its A-share private issuance plan for 2025. Under the updated proposal, the company plans to issue no more than 20.9175 million shares, aiming to raise up to RMB 3.9853273 bill...