Gary Gensler said it was 'nearly unavoidable’ that the next financial crash would be sparked by an AI model being used somewhere in the banking system

Researchers at University of Science and Technology of China say their 'Jiuzhang' quantum computer prototype pushes calculation speeds to new highs

The Biden administration is keen to close a loophole in restrictions it imposed a year ago to stop or reduce China's access to artificial intelligence chips, sources say

In order to meet the demands of the rapidly developing AI industry, Beijing also plans to improve computational infrastructure in western China

US officials have forewarned Beijing, in a bid to stabilize tense ties with China, that the Commerce Ministry is working on an update of chip export controls imposed by the US last year

The ChatGPT maker, Japanese tech backer and iPhone designer are reportedly discussing an artificial intelligence consumer device

China now has at least 130 large language models, accounting for 40% of the global total and just behind the US’s 50% share, with dozens of 'industry-specific LLMs' that link to a core model

Sections in China's anti-espionage law, which was updated in July, ban the transfer of any information related to national security and interests, without defining those terms

The Japanese tech fund giant is reportedly looking to invest tens of billions of dollars into artificial intelligence

Arm's debut will likely encourage other tech companies to move forward with their IPOs, but it does not likely signal a return to the frothy market of 2021, market analysts say

The Taiwanese chip giant is considering setting up a second fab in Japan, and adding capacity to an $8.6 billion plant already under construction in the country

Huawei’s planned event comes on the heels of Apple’s iPhone 15 launch event held on Tuesday, which received mixed reactions in China