#china

Samsung is set to enhance its new Galaxy S24 smartphone series for the Chinese market by integrating Ernie Bot, an AI chatbot developed by China's Baidu. This feature is designed to efficiently handle tasks like summarizing, reorganizing, and translating vast amounts of information. Moreover, the chatbot will include a visual search capability, enabling users to search the internet for items using photos or images.

NVIDIA, renowned for its gaming chips and recently for artificial intelligence chips, has launched a custom version of the RTX 4090 video card, targeting the Chinese market.

Shares of Chinese AI company SenseTime fell by 18% following the demise of its co-founder, Tang Xiao'ou. A key figure in establishing SenseTime as a leader in China's AI industry, Tang Xiao'ou had garnered support from major players like Alibaba.

Arthur Hayes, the co-founder of crypto derivatives exchange BitMEX, discusses the implications of the United States' current fiscal policy in his recent essay "Panda Power," highlighting its role in the weakening of the dollar.

A Chinese court has ruled that lending in cryptocurrency falls outside the purview of the state's legal safeguards, and defrauded users are not entitled to seek compensation through the judicial system.

The crypto company LayerZero has forged a partnership with Conflux to roll out a blockchain-based SIM card (BSIM), co-developed by China Telecom. This partnership aims to simplify cross-chain fund transfers, leveraging LayerZero's innovative exchange mechanisms. While it's uncertain whether they can attract China Telecom's 390 million users, the LayerZero CEO remains optimistic.

The Hong Kong court has mandated the liquidation of China's largest real estate developer, Evergrande, owing to the company's inability to meet its debt obligations, which currently exceed $300 billion.

Despite restrictions, Chinese cryptocurrency enthusiasts are keeping the trade alive. Users are covertly meeting in public places like cafes, parks, and even laundromats to swap wallet addresses, trade assets, and exchange bank information for converting their crypto into fiat currency.

The Chinese government, known for its cryptocurrency ban, is showing signs of easing its policy on decentralization. It has announced plans to support the development of the Web3 ecosystem, dApps, and NFTs. This new approach is detailed in a recent strategic planning document released by China’s Ministry of Industry and Information Technology.

China's Ministry of Public Security is rolling out RealDID, a decentralized identification system grounded in blockchain technology.

In an audacious move amidst the US export restrictions on high-performance chips, Chinese tech enterprises have started to deconstruct Nvidia RTX 4090 graphics cards to repurpose their parts for artificial intelligence systems.

Chinese oil and gas giant PetroChina has achieved a historic milestone by completing the first international crude oil trade using China’s central bank digital currency (CBDC), the e-CNY.