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Latest: Fintech News

AI Poses Extinction Risk, as Bad as Nuclear War, AI CEOs Say
AI Poses Extinction Risk, as Bad as Nuclear War, AI CEOs Say

Among the critics of the viral technology were Geoffrey Hinton and Yoshua Bengio – two of the three so-called "godfathers of AI”

Xi Warns Military ‘be Ready for Worst-Case Scenarios’ – Xinhua
Xi Warns Military ‘be Ready for Worst-Case Scenarios’ – Xinhua

Chinese president tells security chiefs on Tuesday that the "complexity and severity of national security problems faced by our country have increased dramatically"

Baidu’s $145m AI Start-Ups Fund, Ernie Bot Apps Contest
Baidu’s $145m AI Start-Ups Fund, Ernie Bot Apps Contest

The tech giant will also launch a competition for developers to build applications off its Ernie bot in the race to catch up with Microsoft’s ChatGPT

‘De-China’ Move: Tech Owners Keen to Leave, Avoid US Rivalry
China Strains, AI Top of The Agenda at US, EU Summit Talks
Australia May Axe PwC Audit Contract After Tax Scandal
US Funds Pull $6 Billion From China ADRs as Tensions Rise
SoftBank Shares Soar as Arm Rolls Out New Smartphone Chip Tech
India’s JioCinema in Content Streaming Deal With NBC Universal
Xi is Bigger Threat Than Putin: Ex-Canadian PM – Globe+Mail

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Asia Finance Insights
Asia Fintech insights, analysis, and guides from Asia Financial’s market and new economy experts.
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Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors